Set up Your Business
in RAKEZ Freezone

Answer:

• RAKEZ stands for Ras Al Khaimah Economic Zone.
• It is a cost-effective and flexible free zone in the UAE.
• Offers facilities for SMEs, startups, and industrial companies.

Answer:

• Competitive setup costs compared to other UAE free zones.
• Wide range of license types available.
• Strategic location near the RAK port and proximity to Dubai.

Answer:

• Commercial License
• Service License
• E-commerce License
• Industrial License
• Educational License
• Media License

Answer:

• Yes, RAKEZ allows 100% foreign ownership.
• No local sponsor or agent is required.

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• Free Zone Establishment (FZE) – single shareholder
• Free Zone Company (FZC) – multiple shareholders
• Branch of a local or foreign company

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• Starts from around AED 11,000 for a basic license.
• Varies based on office type, license category, and visa package.

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• Flexi-desk (shared workspace)
• Standard office units
• Warehouses
• Land for development

Answer:

• Company setup can be completed within 2–5 working days.
• Depends on submission of all required documents.

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• Passport copy of shareholders
• Passport-size photo
• Business activity details
• Application form

Answer:

• Not necessarily; remote registration is available.
• Some cases may require a visit depending on visa issuance.

Answer:

• Yes, businesses in RAKEZ can sponsor employees.
• Number of visas depends on office size and license type.

Answer:

• Yes, e-commerce licenses are available.
• Ideal for online selling, drop-shipping, and digital stores.

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• 0% personal income tax
• 0% corporate tax (below AED 375,000 profit)
• No import/export duties within the free zone

Answer:

• Yes, RAKEZ license holders can open UAE corporate bank accounts.
• RAKEZ assists with bank introduction letters.

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• Annual auditing may be required based on the license and activity.
• RAKEZ may request audited financials in some cases.

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• For onshore business, a dual license or local distributor is needed.
• RAKEZ companies mainly operate within the free zone or internationally.

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• Yes, RAKEZ offers flexibility to upgrade or downgrade packages.
• Office space and visa quotas can be increased as needed.

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• Yes, RAKEZ has a large industrial zone with warehouses and land.
• Suitable for manufacturing, storage, and logistics.

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• Trading and import/export
• Education and consultancy
• Manufacturing and industrial
• E-commerce and IT services
• Media and creative industries

Answer:

• Choose your business activity and legal structure.
• Submit documents to RAKEZ or through a business setup consultant.
• Receive license, establish office, and begin operations.

Answer:

• Business Setup in RAKEZ is ideal due to its low-cost packages, 100% foreign ownership, strategic location, and wide range of business activities.

Answer:

Business Setup in RAKEZ offers commercial, service, e-commerce, educational, and industrial licenses to suit various industries.

Answer:

• Business Setup in RAKEZ usually takes 3 to 7 working days, depending on document readiness and selected package.

Answer:

Yes, Business Setup in RAKEZ includes visa options for the investor, employees, and dependents based on the office or package selected.

Answer:

• Business Setup in RAKEZ is limited to operating within the Free Zone unless you appoint a local distributor for mainland activities.