RAK Freezone Company Formation

Ras Al Khaimah Free Economic Zone (RAKEZ) was created in 2017 as a special business zone in Ras Al Khaimah, which is one of the seven emirates in UAE. The zone was inaugurated by His Highness Sheikh Saud bin Saqr Al Qasimi, pursuing the vision to provide an empowering free zone by offering cost-effective and world-class economic platform with customizable packages, top-notch facilities and specialized incentives. It has investments from more than 8,000 companies and entrepreneurs from over a hundred countries, representing more than 50 major industry sectors.

Why RAK Free Trade Zone Fees & Packages

A few facts about RAK Free Trade Zone

Start your business today!

Superb location, enabling access to both the eastern and western markets
Connectivity to top notch Highways, Intl. Airport and 5 major sea ports
It provides 100 % ownership of business
Great place to live with cost-effective luxury accommodations
0% Personal and corporate tax
  • Thank you so much Harsha and Erano, for all your support and help through the entire process. Really guys you made it so simple for us, could not have asked for more.
    Hamad Gondal
    Irozon LLC
  • I was very pleased with the Service provided by IBG . Staff were very cooperative and even though the project was a difficult one and the Company’s name a hurdle to approve, they had patience and kept cool making it a point that they had a project to complete and complete it in Style.
    Gurdip Singh
    Drumkin Singapore Pte Ltd
  • I found your company (IBG) an experienced, trustworthy and reliable consultant to whom one can recommend to others as well. Wish you all the best and see you again in Dubai next time. Convey my regards to your colleagues and all concerns who cooperated in the successful incorporation process.
    Zoomtell7 Solutions Limited
  • IBG were very supportive in getting hard things done on time, and amazing people worked very hard to deliver the services and commitments professionally with clarity.
    Mohammed AlMoneer
  • I would like to thank you and the team for your great efforts to get my visa stamped today. I must say that you guys have been demonstrating a high-standard, and professional level of service since we have started working with you. We were really lucky to get connected to IBG and to deal with you.
    Ahmed AbdelMoneim Gharib
    Intix Innovation Inspiration

WHY CHOOSE RAK Economic Zone?

The free zone provides a tax-free environment, 100% foreign ownership, fast-track visas, freedom to source labor and materials globally, and ongoing business support services. It is an excellent place to work, live and visit with a developed network of infrastructures across the city. It is a major hub for land, sea and air freight, in the MENA region and is recognized internationally as a premium transit platform.

RAKEZ has four free zone parks in Ras Al Khaimah – a Business Park for office clients, an Industrial Park for heavy manufacturing, a Technology Park for trading and light manufacturing, and an Academic Zone for educational institutions.

Undoubtedly regarded as one of the best zones around the Middle East, RAKEZ comprises of free park zones comprising of unique features which will prove to be adequate for all kinds of industries for free zone company formation.

RAKEZ also gives incentives in procurement, recruitment, event management, promotion and not to forget training support.

RAKEZ is mainly a free zone having a wide network of internationally acclaimed network liaison work stations namely India, Europe, Turkey giving out impeccable client support, marketing and sales and also administrative facilities.

There is a wide range of customized offers such as product distribution, office or warehouse requirement or even land for industrial activities. Their services will match up to all your requirements.

Business centers situated in the Dubai South freezone are completely equipped centers and provides all kinds of shared offices, mainly to those who donot need a fixed space or a private office for their business operations. Dubai South is one of the most cost effective options to start your business in the UAE and internationally while reaping the benefits of an extremely advantageous tax-free economy.

RAKEZ provides administration, marketing, sales and adequate customer care services. It allows 100% ownership of the company as compared to the costly business zones where the stipulated percentage is a mandatory 51% to a local partner.

RAKEZ facilities include- space for shell/core office, warehouse, standard workstations, industrial land and much more. Ras Al Khaimah is also an excellent place to live for investors and their families, with malls, parks, entertainment and a broad range of apartments or villas with a much more cost effective than neighboring Emirates such as Dubai or Abu Dhabi.

Every businessman aims for networking, and with the kind of partners RAKEZ has it is simply amazing. It is the home to a vast array of large-scale companies such as Knauf, Hyundai, Kotak commodities, Kotak Mahindra, etc.

1Can a free zone company hold its offices outside the free zone?
As per the ruling issued in 2011, entities (a free zone company or a free zone establishment) operating in free zones can open branches in Dubai. As per Law No. 13 of 2011 on business registration and licensing in the Emirate, it was announced that free zone companies are allowed to conduct business within Dubai (outside their free zone) once they have a DED license or set up a branch in mainland Dubai.
2Can a free zone company do business or trade outside the free zone?
A freezone entity can do business in the Rest of GCC and Internationally from its freezone setup. Also, law no. 13 issued in 2011, states that free zone companies can set up a branch in Dubai to trade legally, without the need of a local sponsor. They will, however, need to have a local service agent. According to the law, the local service agent can be a UAE national or a UAE company which will sponsor employees for the Dubai branch of a free zone company at the Ministry of Labour. The local service agent will have no rights of voting or decision-making in the company.
3Can I obtain financing in Dubai?
Various private sources like banks and investment groups provide financing options, given the entity is more than 2 years old and the business owner is a resident of UAE. Neither the Government of Dubai/UAE nor the Free Zone authority will provide any financing.
4Can I transfer or receive money from outside UAE/Dubai?
As per UAE Laws, you are allowed to receive or transfer capital and profits outside the country.
5How many free zones are there in Dubai?
There are more than 40 Free Zones operating in UAE, with over 20 freezones in Dubai alone. IBG Consulting can make things simple for you by helping you choose the right freezone for your business.

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