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- +971 4 570 8637
Set Up your Company in the
Ras Al Khaimah Economic Zone
Ras Al Khaimah Economic Zone (RAKEZ) is a UAE free zone, and one of the leading investment hubs in the country. First established to consolidate the specialized zones & clients of the RAK Free Trade Zone (RAK FTZ) and the RAK Investment Authority (RAKIA), RAKEZ now offers customizable business solutions for both non-free zone and free zone companies. Freelancers, solo entrepreneurs, startups, SMEs, and industrialists can all set up shop in this multinational community of over 50 flourishing industries.
Home to a rich local culture, scenic views, and modern infrastructures while being backed by reputable credit rating agencies and having a business-friendly environment, RAKEZ prides itself on its safety and stability.
Advantages of
Setting Up Your Business
in KIZAD Free Zone
Foreign Ownership
The RAKEZ free zone allows you to own companies fully, relieving you of the requirement to partner with a UAE local who would own 51% of the business. In addition, there are no restrictions on foreign exchange transactions and access to other free zone facilities, making entry easier for non-locals.
Easy Business Setup
Business setup in the UAE within RAKEZ is fast and efficient, especially with a company setup consultant like Creative Zone who helps with all requirements and procedures, including the similarly quick process of securing UAE residencies and visas. RAKEZ is also known as a central location for government services and has self-service customer portals on offer for entrepreneurs, adding more convenience to the business setup process.
Cost-Efficient, High-Quality Environment
RAKEZ is one of the world’s most cost-effective economic zones, which makes it an ideal place to start a new business in the UAE. In addition, land prices and living costs in Ras Al Khaimah are highly affordable.
Connectivity to Local and International Markets
The Ras Al Khaimah Free Zone is highly accessible to trade flows between the East and the West while connected to major logistical hubs and multi-lane superhighways. It houses seaports and an international airport, making RAKEZ-based businesses in the UAE accessible to a global spread of regional offices and markets across the MENA and Asia.
Wide Range of Business Opportunities
The Ras Al Khaimah Free Zone offers various business activities, including manufacturing, pharmaceuticals, importing and exporting, food industries, and robotics. You can benefit from multiple industrial facilities and value-added services RAKEZ offers. You can also take advantage of flexible and transparent business-friendly regulations, making it easy to grow your company.
Cost of Setting Up Your Company
in RAKEZ
You can set up your company in RAKEZ starting at just AED 5,499.
Please note that this rate can vary depending on your business activities, the number of shareholders, office space needs, and more.
Receive an estimate of your business setup cost in the RAKEZ Free Zone in the UAE. Use our COST CALCULATOR now!
Explore Monthly
Payment Plans
with Selected Banks
Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued from any of our participating banks and repay in easy instalments over a period of 12 months.
Steps
Make a minimum purchase of AED 1,000 using your credit card for any services provided by Rapid Zone.
Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
Get the option of paying over 3, 6, 9 or 12 months
*General terms and conditions from the banks will be applicable.
Commercial
Allows for the trading of goods and services
Educational
Allows the opening of educational institutions or consultancies
E-Commerce
Allows for the trading of goods and services via electronic means
General Trading
Allows the trading of multiple goods
Individual/Professional
Allows an individual to conduct one activity in a specific specialty
Requirements for Obtaining
a RAKEZ License
Starting your company in Ras Al Khaimah Free Trade Zone is easy! You must meet a few requirements that suit your company’s nature and setup preferences.
| Requirements | Free Zone FZ-LLC | Non-Free Zone IE or LLC |
|---|---|---|
| Registration & Licensing Application |  | |
| Chamber of Commerce Membership Application |  | |
| Department of Economic Development Registration | | |
| Visa Copy or Entry Stamp of Shareholders, GM, & Director (if applicable) | | |
| Original No Objection Certificate for Shareholder(s)/GM (if UAE resident) | | |
| Family Book & Emirates ID of UAE Shareholder or Local Service Agent (whichever is applicable) | | |
| Business Plan (only for specific activity) | | |
| Colored Passport Copy of Shareholders, GM, Director (if applicable) | | |
| Emirates ID Copy of Shareholders, GM (if applicable) | | |
| UBO Declaration Form & Passport Copy | | |
| Requirements | Free Zone UAE Branch | Free Zone Foreign Branch | Non-Free Zone UAE Branch | Non-Free Zone Foreign Branch |
|---|---|---|---|---|
| Registration & Licensing Application | | | | |
| Chamber of Commerce Membership Application | | | | |
| Department of Economic Development Registration | | | | |
| Colored Passport Copy of Shareholders, GM, Director (if applicable) | | | | |
| Visa Copy or Entry Stamp of Shareholders, GM, & Director (if applicable) | | | | |
| Original No Objection Certificate for Shareholder(s)/GM (if UAE resident) | | | | |
| Shareholders/Board Resolution Resolving Establishment of a RAKEZ Company & Appointment of GM | | | | |
| Family Book & Emirates ID of UAE Shareholder or Local Service Agent (whichever is applicable) | | | | |
| Business Plan (only for specific activity) | | | | |
| Copy of Valid Trade License | | | | |
| Memorandum & Articles of Association | | | | |
| Commercial Register | | | ||
| Certificate of Registration | | | | |
| Certificate of Good Standing/Extract from Corporate Register (whichever is applicable) | | | | |
| Certificate of Incumbency | | | | |
| Emirates ID Copy of Shareholders, GM (if applicable) | | | | |
| UBO Declaration Form & Passport Copy | | | | |
| Requirements | Free Zone UAE Branch | Free Zone Foreign Branch | Non-Free Zone UAE Branch | Non-Free Zone Foreign Branch |
|---|---|---|---|---|
| Certificate of Good Standing/Extract from Corporate Register (whichever is applicable) | | | | |
| Certificate of Registration | | | | |
| Application for Registration and Licensing of a Branch Entity | | | | |
| Business Plan (only for specific activity) | | | | |
| Chamber of Commerce Membership Application | | | | |
| Colored Passport Copy of GM, Director (if applicable) | | | | |
| Commercial Register | | | | |
| Copy of Valid Trade License | | | | |
| Department of Economic Development Registration | | | | |
| Emirates ID Copy of Shareholders, GM (if applicable) | | | | |
| Family Book & Emirates ID of UAE Shareholder or Local Service Agent (whichever is applicable) | | | | |
| Memorandum & Articles of Association | | | | |
| Original No Objection Certificate for GM (if UAE resident) | | | | |
| Shareholders/Board Resolution Resolving Establishment of a RAKEZ Company & Appointment of GM | | | | |
| UBO Declaration Form & Passport Copy | | | | |
| Visa Copy or Entry Stamp of GM, Director (if applicable) | | | | |
- Legal Consultancies Application
- Attested Degree in Law (for appointed manager)
- Attested Document Confirming Professional Experience, with Seniority of at least 5 years (for appointed manager)
- Designated Non-Financial Businesses and Professions
- Letter of Undertaking
Steps in Setting Up Your
Business
in RAKEZ
There are only three simple steps to the Ras Al Khaimah business registration process in RAKEZ, which are:
1
Determine your business activities
2
Setting up in RAKEZ could lead your business to become one of the best in the UAE, as there are many activity options. It’s crucial first to decide on your company’s activities. This will help us choose the best setup for you regarding license, legal entity, and facilities.
Prepare & submit your application documents
Though multiple documents are required to set up your company in RAKEZ, the process remains swift and efficient, often taking just a few days with the support of your business setup partner, Rapid Zone.
3
Receive your business license
Once your application is completed and approved, you will receive your RAKEZ business license, registration set, and bank letter. From this point, you can also proceed with your visa application process.