Company Setup

RAK Economic Zone (RAKEZ)

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RAK Economic Zone (RAKEZ) is a prominent free trade zone located in Ras Al Khaimah, United Arab Emirates. It offers a wide range of business solutions and incentives to local and international companies. RAKEZ provides a strategic location, state-of-the-art infrastructure, and business-friendly policies, making it an ideal destination for various industries. With its excellent facilities and customer-centric approach, RAKEZ has become a hub for startups, SMEs, and large enterprises looking to establish and expand their businesses in the region.

Why Opt For Company Formation In RAKEZ

key features and benefits that were typically associated with RAKEZ Company Setup:

  • Strategic Location
  • Diverse Business Activities
  • Business-Friendly Environment
  • Tax Advantages
  • Customizable Business Solutions
  • State-of-the-Art Infrastructure
  • Efficient Services
  • Strategic Business Support
  • Proximity to Markets
  • Investment Opportunities
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Types that were typically offered by RAKEZ of licenses

  • Commercial License
  • Industrial License
  • Service License
  • General Trading License
  • E-commerce License
  • Education License
  • Freelancer Permit
  • Holding Company License
  • Offshore License

Advantages that were associated with company setup in RAKEZ Free Zone

  • 100% Foreign Ownership
  • Tax Benefits
  • Customs Privileges
  • Easy Company Formation
  • Range of License Types
  • Modern Infrastructure
  • Strategic Location
  • World-Class Business Support
  • Proximity to Markets
  • Flexibility in Business Setup
  • No Currency Restrictions
  • Potential for Business Networking
  • Repatriation of Profits

Frequently Asked Questions

Yes, you can apply for multiple business licenses in RAK Economic Zone, allowing you to operate multiple businesses simultaneously.

Yes, businesses in the maritime or logistics sector in RAK Economic Zone may have specific requirements. These may include obtaining licenses and permits related to shipping, customs, and compliance with international maritime regulations. Additionally, businesses may need suitable infrastructure for handling cargo and transportation logistics.

There are generally no restrictions on importing or exporting goods from RAK Economic Zone, fostering international trade and business activities.

RAK Economic Zone offers various office space options, including serviced offices, co-working spaces, and traditional office setups, tailored to business needs.

Yes, foreign investors can own 100% of a business in RAK Economic Zone, allowing full ownership and control of their enterprises.

Businesses in RAK Economic Zone can choose from various legal structures, including Free Zone Company, Branch, and Single Owner Company (FZE).

The time to set up a business in RAK Economic Zone can vary but typically ranges from a few days to a few weeks, depending on the business type and specific requirements.

No, it is not mandatory to have a physical office in RAK Economic Zone. You can opt for virtual office solutions.