Ras Al Khaimah Freezone Company Formation

Situated in the heart of Ras Al Khaimah in the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) is a powerhouse business and industrial hub that offers customizable solutions to free zone andnon-free zone businesses in a multinational community flourishing in over 50 sectors.Established by the government of Ras Al Khaimah, an authority that support startups, entrepreneurs, SMEs and industrialists with their business set-up requirements by providing them with a range of licenses and customizable facilities as well as first-class support services such as visa facilitation etc. It also offers executive and Labour accommodation. It allows 100% foreign ownership & 0% income tax. It issues license very fast. Wide range of business activities is available.

There are a number of economic zones suitable for foreign investors and expatriates who intend to invest and do business in the UAE. One of them is the Al Khaima Economic Zone (RAKES) located in Ras Al Khaimah. There are a number of benefits, including generous tax breaks, for those interested in doing business in the economic zones allowed by the UAE Government. The Ras Al Khaimah Economic Zone or RAKEZ has a lot to offer. As a power house of business and industrial hub, located in the heart of Ras Al Khaimah in the United Arab Emirates, the Ras Al Khaimah Economic Zone (RAKEZ) offers customizable solutions to free zones and non free zone businesses in a multinational community that thrives in more than 50 regions.

The UAE Government has a very positive attitude towards to any foreign investor. Therefore, there is an influx of business minded people in to all economic zones including the Ras Al Khaimah Economic Zone. The Government of Ras Al Khaimah has established an authority that supports start-ups, entrepreneurs, SMEs, and many others with their licensing and customizable facilities, as well as first class support services, such as visas, facilitation etc. it also offers executive and labor accommodation. It allows 100% foreign ownership and 0% income tax. It provides licenses very quickly. A wide range of business activities are also available.

The Ras Al Khaima Authority, which is wholly owned by the UAE Government, is an authority that supports startups, entrepreneurs, SMEs, licensing, customizing facilities, and provides first class support services to their business setup requirements. Our goal is to make it easier to do business in the UAE by fully complying with the rules and regulations of the UAE. The Ras Al Khaimah Economic Zone or RAKEZ is in every sense an ultimate business development system aimed at satisfying foreign investors.

The advantages of the Ras Al Khaimah Economic Zone

  • No foreign exchange controls, quotas or trade barriers.
  • No customs duty on import, export or services.
  • Hassle-free and business-friendly legal framework
  • Government-sponsored incentives for investors
  • 100% ownership
  • 100% tax exemption on all commercial levies for import and export
  • 100% return on capital and profits

What are the documents required to get a trade license in RAK Free Zone?

Application form

  • A certificate of incorporation
  • A brief description of the business objectives
  • A bank reference letter
  • Passport copies of the shareholder
  • A list of the proposed trade names

Frequently Asked Questions

  1. No tax on personal or corporate income
  2. No foreign exchange controls, quotas or trade barriers
  3. No customs duty on import, export or services
  4. Hassle-free and business-friendly legal framework
  5. Government-sponsored incentives for investors
  6. 100% ownership
  7. 100% tax exemption on all commercial levies for import and export
  8. 100% return on capital and profits
Application form
  1. A certificate of incorporation
  2. A brief description of the business objectives
  3. A bank reference letter
  4. Passport copies of the shareholder
  5. A list of the proposed trade names
  1. Commercial License -For trading, import and export activities
  2. General Trading License -For industrial and manufacturing activities
  3. Industrial License - Similar to a trading license but includes products from the industrial sector only
  4. Consultancy/Service License -For service providers, professionals, artisans, craftsmen
Two activities from same group are allowed under a Free Zone Industrial Licence.
No. Two different licences are required. All commercial activities will be grouped under one commercial licence and all service activities will be grouped under one service licence.
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