How to setup a company in RAKEZ : A Comprehensive Guide to Starting Your Business in Ras Al Khaimah

The Ras Al Khaimah Economic Zone (RAKEZ) is one of the UAE’s most business-friendly jurisdictions, offering flexible, cost-effective, and investor-centric company formation options. Whether you're a freelancer, entrepreneur, SME, or large enterprise, RAKEZ provides the perfect platform to start and grow your business in the UAE.

In this article, we’ll explore everything you need to know about RAKEZ company formation, from benefits and license types to the formation process and costs.

🔍 What is RAKEZ?

RAKEZ is a government-backed economic zone in the emirate of Ras Al Khaimah, established to attract foreign investment by offering simple business setup procedures, competitive costs, and a wide range of business activities. It is home to thousands of companies from over 100 countries, operating across various sectors including commercial, industrial, education, services, and media.

✅ Key Benefits of RAKEZ Company Formation

100% Foreign Ownership
Affordable Startup Costs
Wide Range of Licenses & Activities
No Corporate or Personal Income Tax
Easy Visa Eligibility (Investor & Employees)
Modern Office Facilities (Flexi-desk, Executive Offices, Warehouses)
Strategic Location near Major Ports & Highways
Efficient Government Support & PRO Services

RAKEZ is especially popular among startups and SMEs due to its streamlined setup process and low ongoing costs.

🏢 Types of RAKEZ Licenses

RAKEZ offers several types of business licenses depending on your activity:

Commercial License – For trading and retail businesses
Service License – For consultancy, services, and professional activities
Industrial License – For manufacturing or industrial operations
Media License – For media, marketing, and publishing sectors
Educational License – For training centers, schools, and educational institutes
E-Commerce License – For online trading and digital business operations

🧾 Legal Structures Available in RAKEZ

Free Zone Establishment (FZE) – Single shareholder company
Free Zone Company (FZC) – Multiple shareholders (individuals or corporates)
Branch of Local or Foreign Company – Expand your existing business into RAKEZ

🛠 How to Set Up a Company in RAKEZ

Here’s a step-by-step overview of the RAKEZ company formation process:

1. Choose Your Business Activity

Select the appropriate business activity from RAKEZ’s approved list to determine the correct license type.

2. Choose the Legal Structure

Decide if you're forming a Free Zone Establishment, Free Zone Company, or Branch.

3. Select Office Space

RAKEZ offers options such as Flexi-desks, Executive Offices, Warehouses, or Customizable Industrial Land.

4. Submit Application & Documents

You’ll need:

Passport copy of shareholders/directors
Visa page (if UAE resident)
Passport-size photo
Application form
Business plan (for some activities)

5. Get Initial Approval

RAKEZ will review your application and issue an initial approval.

6. License Issuance & Visa Processing

Once approved, your business license is issued, and you can begin visa applications for yourself and your employees.

💰 RAKEZ Company Formation Cost (2024)

Costs may vary based on license type and number of visas. Basic packages start from:

AED 5,750 (zero visa package, flexi-desk option)
AED 11,000–15,000 (with visa eligibility and office space)

Get a custom quote based on your exact needs.

📌 Who Should Choose RAKEZ?

RAKEZ is ideal for:

Freelancers and consultants
E-commerce entrepreneurs
International investors seeking UAE market entry
Manufacturers and industrial businesses
Training institutes and educational providers

🤝 How We Can Help

As a trusted RAKEZ business setup consultant, we provide:

Free consultation and business assessment
Fast-track application processing
Document preparation and PRO services
Assistance with office setup and visa services
Ongoing compliance and renewal support

🚀 Get Started with RAKEZ Company Formation Today!

Ready to launch your business in one of the UAE’s most dynamic free zones? Contact us today to begin your RAKEZ company formation journey with confidence. Our team of experts will guide you every step of the way — from choosing the right license to getting your trade license issued quickly and efficiently.