Business Setup in Ras Al Khaimah Free Zone
30 Years+ in Business Set Up in Ras Al Khaimah Free Zone
Top Ras Al Khaimah Free Zone Experts With 24*7 Support
Set Up Business in Ras Al Khaimah Free Zone From Anywhere
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Business Setup in Ras Al Khaimah Free Zone
30 Years+ in Business Set Up in Ras Al Khaimah Free Zone
Top Ras Al Khaimah Free Zone Experts With 24*7 Support
Set Up Business in Ras Al Khaimah Free Zone From Anywhere
Best Awarded
Company
People trust Bright Vision
Bright Vision is one of UAE's leading Business consultancy firm.
Why Choose Ras Al Khaimah Free Zone?
-
- Strategic Location
Located in the northernmost emirate of the UAE, Ras Al Khaimah enjoys strategic proximity to key markets in the Middle East, Asia, and Europe. With efficient ports and road networks, businesses benefit from seamless trade and logistics. - Cost-Effective Business Setup
RAKEZ is one of the most cost-effective free zones in UAE, offering affordable license packages, low operational costs, and competitive rental rates for office spaces and warehouses. - 100% Foreign Ownership
Foreign investors enjoy 100% ownership of their companies, without the need for a local sponsor, ensuring complete control over their operations.
- Strategic Location
- Tax Benefits
- Zero Corporate Tax: Businesses are exempt from corporate taxes.
- No Personal Income Tax: Employees and business owners retain their full income.
- Custom Duty Exemptions: : Import and export duties are waived within the free zone.
- Diverse Business Activities
RAKEZ supports a wide range of business activities, including trading, manufacturing, consultancy, and service-based industries, making it a versatile choice for entrepreneurs. - Modern Infrastructure
RAKEZ provides state-of-the-art facilities, including flexi-desks, executive offices, warehouses, and industrial spaces, catering to diverse business needs. - Fast and Streamlined Processes
The setup process in RAKEZ is straightforward, with minimal paperwork and fast-track services, ensuring businesses can start operations quickly.
Types of Licenses in Ras Al Khaimah Free Zone
RAKEZ offers various licenses tailored to different business needs:
- Commercial License
- Ideal for trading, import, export, and distribution of goods.
- Industrial License
- For businesses involved in manufacturing, assembly, and processing activities.
- Professional License
- Suitable for service-oriented businesses, including consultancy, IT, and legal services.
- General Trading License
- Allows trading of multiple product categories without restrictions.
- E-Commerce License
- Enables online businesses to operate and sell products or services via digital platforms.
Legal Structures in RAKEZ
- Free Zone Establishment (FZE)
- Single shareholder structure.
- Free Zone Company (FZC)
- Multiple shareholders (2-50).
- Branch Office
- Branches of UAE-based or international companies can operate in RAKEZ.
Step-by-Step Process for Setting Up a Business in RAKEZ
- Decide on the Business Activity
Choose a business activity from RAKEZ’s comprehensive list. Consider market demand and future growth opportunities.
- Choose a Legal Structure
Select the appropriate legal entity (FZE, FZC, or Branch) that aligns with your business goals.
- Reserve a Company Name
Reserve a unique trade name that adheres to RAKEZ’s naming guidelines.
- Submit the Required Documents
Prepare the necessary documents, including:
- Passport copy
- Visa and Emirates ID (if applicable)
- Passport-sized photos
- Completed application form
- Apply for the Trade License
Submit your application and pay the required fees to obtain a trade license specific to your business activity.
- Rent Office Space
Select from various options such as flexi-desks, shared offices, or warehouses based on your business needs.
- Obtain Approvals
Secure necessary approvals from RAKEZ and relevant authorities for specific activities.
- Apply for Visas
Once the establishment card is issued, apply for visas for owners, employees, and dependents.
- Commence Operations
Once all steps are completed, you’re ready to start business activities in RAKEZ.
Cost of Setting Up a Business in RAKEZ
The cost of setting up a business in RAKEZ varies depending on the license type, business activity, and additional requirements. Approximate costs include:
- License Packages: Starting from AED 6,000 to AED 15,000.
- Office Space: Flexi-desks, shared offices, and warehouses available at competitive rates.
Additional costs may include visa processing, establishment card fees, and specific approvals for specialized activities.
Benefits of Setting Up in RAKEZ
- Tax-Free Environment
RAKEZ offers zero corporate and personal income taxes, along with duty-free imports and exports.
- Access to Key Markets
RAKEZ’s strategic location ensures easy access to markets across MENA, Asia, and Europe.
- Comprehensive Support
RAKEZ provides end-to-end support, including visa processing, legal documentation, and PRO services.
- Flexible Workspaces
Choose from a variety of office spaces, from cost-effective flexi-desks to full-scale industrial facilities.
- Networking Opportunities
RAKEZ’s vibrant business community facilitates collaboration and networking with other entrepreneurs and businesses.
Businesses in RAKEZ must adhere to the following compliance regulations:
- Economic Substance Regulations (ESR): Demonstrate substantial activities in the UAE.
- Ultimate Beneficial Ownership (UBO): Disclose ownership details.
- Anti-Money Laundering (AML): Comply with UAE’s financial crime laws.
Non-compliance can result in fines, penalties, or license revocation.
Why Choose RAKEZ?
- Versatile Business Options
RAKEZ caters to startups, SMEs, and large enterprises across various industries.
- Cost-Effective Solutions
Affordable packages and competitive operational costs make RAKEZ an attractive choice for businesses.
- Expert Support
RAKEZ provides dedicated support teams to guide you through the setup process.
Disclaimer
This content is for informational purposes only. Business setup processes and costs may vary based on individual circumstances and government updates. For the most accurate advice, consult professional business setup consultants.
RAKEZ offers a unique blend of affordability, accessibility, and business-friendly policies, making it an ideal destination for entrepreneurs. With its modern infrastructure, tax benefits, and supportive environment, RAKEZ is your gateway to success in the UAE.
Cost of Registering Business in Ras Al Khaimah Free Zone
Dubai Mainland Company Setup
AED 18,000
- Global Operations.
- No Local Sponsor Fees.
- No Paid-Up Share Capital Required.
- Complimentary P.O. Box in Dubai.
- Diverse Professional Activities.
- Get Started Today.
Free Zone Company Setup
AED 12,900
- Prime Locations.
- 100% Foreign Ownership.
- Flexible Shareholding.
- Tax Benefits.
- Personalized Support.
- Start Your Journey.
Offshore Company Setup
AED 18,500
- Operate Internationally.
- Full Ownership.
- Tax Exemptions.
- Financial Flexibility.
- Cost-Efficient Energy.
- Launch Your Offshore Venture.
FAQs Setting Up Business in Ras Al Khaimah Free Zone
What kind of companies am I allowed to establish in a free zone?
What should I do for a freezone business setup in dubai?
Free Zones requires little paperwork and takes some time to process the application. Follow these steps to establish a business in a free zone:
- Choose the nature of the legal structure
- Select a name for the entity
- Apply for a trade license
- Locate an office space
- Get pre-approvals, incorporate the business, and therefore get the license.
What are the policies for naming businesses in Dubai free zones?
Which three free zones are the cheapest in the UAE?
The cheapest free zones for establishing a business are:
- Global Free Zone Management
- Ajman Media City Free Zone
- Ras Al Khaimah Economic Free Zone also known as RAKEZ.