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Ras Al Khaimah Economic Zone (RAKEZ) is the result of a merger between two major free zones: RAK Free Zone and RAK Investment Authority. Located in the emirate of Ras Al Khaimah, United Arab Emirates, RAKEZ offers a thriving environment for business setups, largely due to the economic stability and security the region provides. This stability has contributed to the success of many RAKEZ-registered companies.
RAKEZ is known for its flexible company setup options and seamless connectivity through Ras Al Khaimah's well-established seaports, airport, and highway network, making it an ideal hub for businesses. Whether you're a freelancer, small or medium enterprise (SME), multinational company, or large industrial business, RAKEZ offers an attractive platform for growth and expansion. The free zone is increasingly becoming the preferred choice for companies seeking a strategic location and robust infrastructure.
Incorporating a company in Ras Al Khaimah Economic Zone (RAKEZ) offers a range of advantages
These benefits make RAKEZ an attractive choice for businesses looking for a strategic, cost-effective, and supportive environment for growth and operation.
RAKEZ offers a range of license options for businesses, tailored to different activities and requirements
Each license type caters to specific business needs and operational scopes, ensuring that companies in RAKEZ can find the appropriate licensing option to match their activities.
Starting a business in Ras Al Khaimah involves several crucial steps:
Identify the type of business activity you wish to pursue. Each activity has specific legal regulations, fees, and site requirements. Certain locations may have restrictions based on the type of activity.
Decide on the legal form of your business, such as a Limited Liability Company (LLC). The choice of legal structure affects the business’s operational and regulatory obligations. Obtain necessary approvals from the General Directorate of Residency & Foreigners Affairs and the Department of Economic Development (DED).
Select and register a unique trade name for your business. Initial approval of the trade name is required before proceeding with the business license application. This step also involves ensuring that the business location meets all regulatory requirements by consulting with the Monitoring & Consumer Protection Administration and other relevant authorities.
Secure approvals from all necessary authorities based on your business activity. This may include the DED and other specific regulatory bodies depending on your industry.
Once all approvals are in place, complete the final legal requirements to obtain your business license from the Department of Economic Development. The licenses available include:
To establish a company in Ras Al Khaimah Economic Zone (RAKEZ), you will need to provide the following documents
These documents ensure a smooth and efficient process for setting up a company within RAKEZ
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