Business Setup in RAKEZ Free Zone
RAKEZ is a leading free zone in Ras al Khaimah, UAE. Since 2000, it has been dedicated to innovation and offering customizable solutions for businessmen and investors. On top of that, there are specialized zones within RAKEZ to support each industry by providing a suitable business environment.
Here’s what makes RAKEZ truly special:
- RAKEZ has a dual licensing system, allowing free zone and mainland operations under one entity.
- It offers a large industrial ecosystem with warehouses, land plots, and advanced infrastructure.
- Its strategic location in Ras Al Khaimah ensures low costs, global access, and key trade routes.
RAKEZ authorities plan to make it the leading investment zone globally. Their mission is to attract businesses and investors from around the world through specialized infrastructure and customer-centric solutions. Currently, 30K+ companies are registered in RAKEZ working in 50+ different industries.
This guide walks you through everything you should know before setting out to start a business setup in Ras al Khaimah Economic Zone. If you’re a businessman, entrepreneur, or a foreign investor considering RAKEZ, this is for you!
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Types of Licenses in RAKEZ Free Zone UAE
A commercial license is required for businesses and brands that belong to the trade and commerce industry. It streamlines the trade of goods and services.
Business examples include retail stores, electronics trading, automobile parts trading, fashion boutiques, home appliances trading.
All institutes related to the educational industry require this license. Educational institutes can belong to different sectors e.g. corporate education, academic education.
Business examples include training centers, language institutes, education consultancy, online tutoring, corporate training services.
Businesses engaging in trade through electronic or online means require this license. It is essentially to cater to the trend of e-commerce and legalize it.
Business examples include online fashion stores, dropshipping businesses, digital marketplaces, subscription box services, handmade crafts store.
This license lets its holders engage in trade with a wide range of goods available. If you have a big project regarding trade, you may need this license.
Business examples include import/export company, wholesale food distributor, consumer goods trading, industrial equipment trading, medical supplies distribution.
Individual service providers need to acquire this license to streamline and legalize their practices. It lets the individuals have credibility and provide seamless services.
Business examples include private fitness trainers, legal consultants, architects, personal chefs, life coach.
Industry-specific businesses i.e. manufacturing, factories, etc., require this license. It is important to keep them in line with the government laws and provisions.
Business examples include food processing plant, furniture manufacturing, packaging solutions, metal fabrication, chemical production.
All media companies and businesses in the media industry require this license. It increases their credibility and keeps them in line with government laws.
Advertising agency, film production company, digital marketing firm, photography studio, content creation agency.
This is usually required for businesses offering a specific set of services to clients. The services could belong to any sector.
Business examples include IT consultant, management advisor, engineering services, financial consultant, HR consultancy.
This is to cater to the freelancing trend in the market. Freelance agents working on their own with different clients locally and globally need this license.
Business examples include graphic designer, software developer, business analyst, copywriter, social media manager.
Top Selling RAKEZ
Promotions
Basic
STARTING FROM
AED 11,900.00
Save up to AED 1,785.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 17,900.00
Save up to AED 2,685.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 25,400.00
Save up to AED 3,810.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 23,900.00
Save up to AED 3,585.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 27,400.00
Save up to AED 4,110.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 25,900.00
Save up to AED 3,885.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 29,400.00
Save up to AED 4,410.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 31,400.00
Save up to AED 4,710.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 29,900.00
Save up to AED 4,485.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 33,400.00
Save up to AED 5,010.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 21,900.00
Save up to AED 3,285.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 27,900.00
Save up to AED 4,185.00
- Trade License
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Basic
STARTING FROM
AED 31,900.00
Save up to AED 4,785.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 35,400.00
Save up to AED 5,310.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 33,900.00
Save up to AED 5,085.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 37,400.00
Save up to AED 5,610.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 35,900.00
Save up to AED 5,385.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 39,400.00
Save up to AED 5,910.00
Executive Contains
Business Incorporation Starter Pack
- 1 Free Visa Processing for Employee from A to Z
- OR
- 1 Free Visa Processing for Dependents from A to Z
- Health Insurance Assistance
- VAT Registration – One Time Only
- Email Setup Assistance
- Dedicated Account Manager
- VIP assistance for visa application and Company incorporation
Basic
STARTING FROM
AED 37,900.00
Save up to AED 5,685.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 41,400.00
Save up to AED 6,210.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Basic
STARTING FROM
AED 39,900.00
Save up to AED 5,985.00
- Trade License
- 2 Free Visas for Life
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Bank Account Opening Assistance (UAE)
- Free IBG Fee on 1st Renewal
- Free IBG Fee on 1 Investor Visa
- Door-to-door document delivery (within Dubai)
- VAT & Accounting and Bookkeeping Consultation
Executive
STARTING FROM
AED 43,400.00
Save up to AED 6,510.00
- Everything from Elite Plus
- Free IBG Fee on 1 Employee Visa OR Free IBG Fee on 1 Dependent Visa
- VAT Registration – One time only
- Email Setup Assistance
- Dedicated Account Manager
- VIP Assistance for Company Incorporation & 3 visa applications
Process and Timeline
- 1Should be 18 years old and above
- 2Should not have any criminal records
- 3The business should be legally permissible
- 4Should be an individual, corporate or mixed of both
Required Documents
- Passport Copy
- Visa Copy (if applicable)
- Emirates ID (if applicable)
- Passport-size Photo
- Business Plan (if required)
- Memorandum of Association
- No Objection Certificate (NOC)
- Shareholder Details
- Proof of Address
- Bank Reference Letter
License Package Fees
Standard License – Zero Visa Package
Starts from
AED 11,900
Standard License – With Visa Package
Starts from
AED 17,900
Immigration Fees
Establishment Card – New
AED 2,000
Establishment Card – Renewal
AED 2,200
Visa Application Fees
Residence Visa – 3 years
AED 3,750
Additional AED 1,000 on the visa fee if applying for an Investor/Partner Visa and an AED 48,000 share capital is required.
Change Status
AED 1,600
Applicable if within the UAE application only.
Medical Test
Normal (48 hours) – AED 450
VIP (within 24 hrs) – AED 750
Emirates ID – 3 years
AED 375
Company Registration
Trade Name Approval
1 business day
Shareholder’s Security Approval
5-7 business days
Trade License Issuance
3-4 business days
Establishment Card Application
1 business day
Establishment Card Issuance
5-7 business daysResidence Visa Application
Electronic Visa Application
5-7 business daysClient Arrival (if outside the UAE) | Change Status (if within the UAE)
Depends on the client | 2-3 business daysMedical Test
1 business dayMedical Test Result Release
Normal - 2 business days | VIP - within the dayEmirates ID Typing
1 business day
Obtaining Health Insurance
Depends on the client | Mandatory if applying in Dubai & Abu Dhabi
Visa Approval
5-7 business days
Emirates ID Biometrics & Photo Capturing
Approx. 15-20 business days from the date of Emirates ID typing
Emirates ID Issuance
5 business daysSteps to Setting up RAKEZ Free Zone Company
Choose the right legal entity, license type, and facility based on business needs. RAKEZ offers multiple options. IBG Consultancy provides guidance on selecting the most suitable options for operational efficiency and compliance with regulations.
Complete the application form and gather the required documents. Ensure all details meet regulatory standards before submission. This step requires attention to detail. A mistake in this step can land you in needless delays and fines.
Once all formalities are completed, the business license, registration set, and bank letter are issued. The company can then proceed with visa applications and other operational setups to begin business activities. It is good to spend some budget on marketing to stand out in the market.
Benefits of Ras al Khaimah Economic Zone Setup
Dual License Options
100% Foreign Ownership
No Corporate Tax
Customizable Facilities
Low Business Costs
Strategic Location
Fast Company Setup
Multi-industry Hub
Easy Visa Processing
Supportive Regulations
Service Highlights of RAK Free Zone in the UAE
Media Centre
RAKEZ offers a full-fledged media center dedicated to providing news and updates of the free zone and global markets. It features news articles, events, announcements, brochures, etc. It keeps you informed at all times.
Client Services
RAKEZ features a wide range of client services including licensing services, renewal, leasing services, visa, medical, and workers protection services, etc. This highlights the dedication of the zone authority to growth.
License Activities
RAKEZ has over 3000 approved commercial activities that businesses can choose from. It creates a diverse environment letting brands and businesses from different sectors thrive without any complications.
Business Zones Within RAKEZ
Al Ghail Industrial Zone
This zone accommodates large-scale industries. It is perfect for investors planning to start industries and manufacturing businesses in Ras al Khaimah, UAE. It is suitable for free zone and non-free zone entities alike.
Al Hamra Industrial Zone
This zone is perfect for light industries and heavy industrial projects. It has attracted global attention by offering specialized solutions and a suitable environment for business. There is much room to grow in this business for new businesses.
Rakez Academic Zone
This zone is specialized for the educational industry. Institutes and service providers related to education can grow tremendously here. It offers niche-specific environments and solutions attracting educational and developmental institutes around the world.
Al Hulaila Industrial Zone
If you belong to the heavier side of industrial manufacturing including large-scale production, resource extraction, and the creation of machinery and equipment businesses, this zone is for you. It offers specialized solutions and environment.
Al Nakheel Business Zone
This zone is for businesses, service providers, SMEs, corporate offices startups, and freelancers. It is created to offer a business business-specific environment to help support the culture and emerging businesses. It’s the perfect business center to grow.
Al Hamra Business Zone
It is situated a little further away from the busy city. It offers a business environment perfect for logistical companies, residential enterprises, and commercial brands. Away from the city, it remains business-specific and offers easy company formation.
Where to Start and How to Thrive?
Once the company formation process is over, you have to establish a working plan with in-depth market research to help you stand out in the United Arab Emirates market. Learn from the market giants as well as failures. See what works and what doesn't. Use contemporary marketing strategies to reach wider audiences. With that, you have high hopes of leading the market.
Frequently Asked Questions
How does RAKEZ support entrepreneurs in the UAE business set-up?
RAKEZ simplifies the business set-up process with cost-effective solutions, quick licensing, and dedicated support. It provides flexible company formation options, making it a perfect fit for your business in the UAE.
What are the advantages of choosing RAKEZ over other free zones like Dubai?
RAKEZ is one of the largest economic zones in the region, offering lower operational costs, ease of doing business, and tailored support for various industries. Unlike free trade zones like Dubai, RAKEZ gives you specialized industrial, commercial, and service hubs.
What business zone options are available inside RAKEZ?
RAKEZ gives you multiple zones tailored to different industries, including Al Hamra Industrial Zone, RAKEZ Academic Zone, and RAKEZ Media Zone. Each zone provides industry-specific infrastructure and support.
Can a business operate as both a free zone and non free zone entity inside RAKEZ?
Yes, RAKEZ allows zone and non free zone entity formations, giving businesses the flexibility to operate under a free trade zone structure or a non free zone entity, depending on their needs.
How does RAKEZ provide business exposure and global connectivity?
RAKEZ is strategically located in the Emirate of Ras Al Khaimah, ensuring strategic connectivity in Ras Al Khaimah to major trade hubs. It provides real-world business exposure, linking companies to regional and global markets.
What support does RAKEZ provide for startups and SMEs?
RAKEZ is a nurturing hub for startups, offering hassle-free business services, mentorship programs, and business community at RAKEZ HSE Excellence. Entrepreneurs can also benefit from business setup consultants and free consultation.
How does RAKEZ assist businesses in opening a business bank account?
RAKEZ offers assistance in opening a business bank account by providing the required documentation and introducing companies to banking partners. This ensures a smooth financial setup for businesses operating within RAKEZ.
What makes RAKEZ a leading economic zone for manufacturing businesses?
As a leading economic zone, RAKEZ provides dedicated industrial areas like Al Hamra Industrial Zone, warehouse facilities, and logistics support. It caters to manufacturers looking for cost-effective and well-equipped spaces.
How can companies across different industries benefit from RAKEZ?
With a wide range of business activities available, RAKEZ supports diverse sectors such as e-commerce, education, consultancy, media, and logistics. The business community at RAKEZ is diverse, offering networking and growth opportunities.
How can I start your business within RAKEZ?
To start your business in RAKEZ, contact our business setup consultants for a free consultation. They will guide you through the process in RAKEZ, ensuring a smooth company setup with all necessary approvals and registrations.
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