Ras Al Khaimah Economic Zone (RAKEZ)
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15+ Years Of Experience
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50+ Team Members
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1000+ Happy Customer
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10,000+ Companies Formed (in UAE and worldwide)
Ras Al Khaimah Economic Zone (RAKEZ)
Ras Al Khaimah Economic Zone (RAKEZ) is a prominent free zone located in the emirate of Ras Al Khaimah, UAE, and established in 2017. It merged two key economic zones, RAK Free Trade Zone and RAK Investment Authority, to offer a consolidated business hub with diverse benefits for enterprises. RAKEZ business setup offers strategic advantages such as competitive pricing, state-of-the-art facilities, and simplified business processes.
Company formation in Rakez
offers the key benefit of enjoying 100% foreign ownership, making it highly attractive for international investors. The zone caters to various industries, including manufacturing, trading, services, and logistics, and offers customized solutions for businesses of all sizes.
To navigate the setup process, many businesses engage a
Rak company setup consultant
for expert guidance. These consultants streamline the process, ensuring a hassle-free experience. For entrepreneurs and businesses seeking a dynamic and cost-effective base, Rakez business setup presents an excellent opportunity to thrive in a supportive environment. For professional assistance, contact Global Business Services FZCO for expert advice on setting up your business in RAKEZ.
Major Benefits of RAKEZ Company Formation
- 100 percent foreign ownership
- Capital repatriation at 100%
- 0% personal income tax. No import, export, re-export fees, or customs duties.
- Possible exemption from corporate tax
- Freedom to select the project’s legal form and investment sector.
- Customer portal.
- Various commercial and industrial facilities.
- Possibility of using logistical resources.
Company Setup Procedure in Rakez
- Choose the legal structure of the firm you want to register.
- Pick an activity from the list of options.
- Request name and preliminary approval.
- Payment of expenses associated with establishing a RAKEZ business.
- Sign the company’s incorporation and registration paperwork.
- Residency visa application.
Documents Required for Company Formation in RAKEZ
The requirements for business set up in Ras Al Khaimah Economic Zone depend on whether a shareholder is an individual or a corporate entity. The basic requirements are:
- Passport copy of shareholder/director/manager (colored)
- EID & residence visa of shareholder/director/manager (colored)
- Passport size photo with white background of shareholder/director/manager
Characteristics of Business Registration in RAKEZ
Proposed activity
Manufacturing/Trading/Service/Education & Media related activities.
License available
Industrial/Commercial trading/General trading, Media, E- Commerce, Educational & Service license are available.
Type of entities
FZ – LLC (Limited Liabilities Company) and Branch.
Shareholder
Shareholder can be Individuals or Corporate entity (max 50).
Director
Individuals only (Minimum one. Shareholder can also be Director)
Share capital
AED 10,000 (10 shares of AED 1,000 each) if the FZ – LLC is used for the RAKEZ Setup and AED 0 if the branch office is used.
Estimated time: 1- 2 weeks to obtain a trade license and register a company.
After receiving a security clearance, the immigration card will likely take another 2–3 working days, and average processing times for visas range from 7–10 working days.
RAKEZ Company Setup Cost
Ras Al Khaimah Economic Zone Business Formation cost begins from AED 6,500/
Our business is a one-stop solution for all types of company formation services in Ras Al Khaimah Economic Zone. Many people and corporations have received assistance from Global Business Services in setting up their businesses in RAK. Get in touch with us via call or email!
Call us now on +971 50 8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in RAKEZ Zone.
Important Note
After receiving a license, immigration card, and entry permission, the shareholder or director would need to return to the UAE, in order to get the visa stamped on their passport. Depending on how quickly the procedure moves, this could need them to stay in the UAE for 5 to 7 working days.
Every year, the company immigration/establishment card must be renewed.
Investors must have a share capital of AED 75,000 to qualify for a family status visa, and AED 60,000 to qualify for an Owner/Investor/Partner visa.
Why Choose GBS for Rakez Company Setup Services?
Understanding Clients’ Needs
As the best Rakez business setup consultants, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.
Flexible Pricing & Cost Transparency
For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers
Years of Expertise
Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.
Work Track Record
As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.
We Work With Government Bodies
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Client words
Hear what our satisfied clients have to say about their successful journeys with us.
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10,000+
Companies formed
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100%
client satisfaction
I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.
I hired Global Business Services for my online store in Dubai Free Zone. They quickly handled everything from visas to paperwork. Great experience overall.
I’m happy to choose Global Business Services FZCO for their outstanding business setup services in UAE. Their professional team guided me through each stage, answering all my questions quickly and clearly. Their personalized approach made me feel well taken care of.
FAQs
Setting up a company in RAKEZ gives you full foreign ownership, low startup costs, and an easy registration process. Based in Ras Al Khaimah, RAKEZ offers flexible licenses and support for many types of businesses. It’s a great choice for entrepreneurs, freelancers, and growing companies in the UAE.
The starting cost for company formation in RAKEZ is AED 6,500. The total cost depends on your business type, number of visas, and other services you might need.
Getting a RAK Free Zone license usually takes 1 to 2 weeks. After that, the visa and immigration processes may take around 7 to 10 working days.
A RAK company setup consultant can save you time and make the process much easier. They guide you through paperwork, approvals, and legal steps so you can start your business smoothly.