Get in touch with Rakez Ph 97172041111 Location Ras Al Khaimah Economic Zone Authority, RAK Ras al Khaimah Economic Zone is situated in the heart of RAK

RAKEZ in Ras Al Khaimah, UAE – A Comprehensive Guide to Business Setup in the Heart of the Emirates

If you're looking for a cost-effective, business-friendly, and strategically located economic zone in the UAE, look no further than RAKEZ – Ras Al Khaimah Economic Zone. With a booming economy, investor-centric regulations, and access to regional and international markets, RAKEZ is rapidly emerging as one of the most sought-after destinations for startups, SMEs, and multinational corporations.

In this comprehensive guide, we explore everything you need to know about RAKEZ in Ras Al Khaimah, UAE, including its benefits, business setup process, license types, and why it’s becoming the ideal launchpad for entrepreneurs worldwide.

---

What is RAKEZ?

RAKEZ (Ras Al Khaimah Economic Zone) is a government-established authority created to consolidate and oversee business activities in Ras Al Khaimah. Formed by the merger of RAK Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA), RAKEZ has evolved into a powerhouse economic zone, supporting over 15,000 companies across 50+ industries.

RAKEZ provides customized solutions and world-class infrastructure to investors seeking to establish free zone or non-free zone businesses in the UAE.

---

Why Choose RAKEZ for Business Setup?

1. Strategic Location

RAKEZ is located in the northern emirate of Ras Al Khaimah, just 45 minutes from Dubai. This gives businesses easy access to international airports, seaports, and the rest of the UAE and GCC countries.

2. Cost-Effective Packages

Compared to other free zones in the UAE, RAKEZ offers one of the most affordable business setup solutions, making it ideal for startups and SMEs with limited capital.

3. Diverse Business Activities

Whether you're in trading, manufacturing, education, media, logistics, or services, RAKEZ supports a broad spectrum of business activities, helping investors diversify their ventures.

4. Modern Infrastructure

From customizable warehouses and office spaces to industrial plots and coworking hubs, RAKEZ offers world-class infrastructure to meet various business needs.

5. Full Foreign Ownership & Tax Benefits

Businesses established in RAKEZ enjoy 100% foreign ownership, 0% corporate and income tax, and full repatriation of capital and profits, making it a tax-efficient base.

---

Types of Licenses Offered by RAKEZ

To accommodate various business needs, RAKEZ offers several license types:

1. Commercial License

Ideal for companies involved in trading and general commerce, including import/export, distribution, and retail.

2. Industrial License

For businesses involved in manufacturing, processing, or industrial production. RAKEZ provides industrial land and warehouses to support such ventures.

3. Service License

Best for service-oriented businesses such as consulting, marketing, IT, and education.

4. Freelancer Permit

RAKEZ supports the gig economy by offering a freelance permit for solo professionals across multiple sectors, including media, technology, and education.

5. E-Commerce License

Perfect for entrepreneurs running online stores or digital platforms. This license allows e-commerce activities with minimal overhead.

---

RAKEZ Zones: Where Can You Set Up Your Business?

RAKEZ offers various specialized zones to suit different business types:

1. Business Zone

A premium space for office-based businesses with flexible desk, office, and coworking options.

2. Industrial Zone

Catering to manufacturing and logistics companies, the industrial zone offers warehouses, storage units, and land for development.

3. Technology Zone

Ideal for IT firms, software developers, and technology startups looking for a tech-driven environment.

4. Academic Zone

Designed for institutions and education service providers to set up training centers, colleges, and universities.

5. Media Zone

Focused on creative professionals and media companies, this zone supports filmmakers, influencers, marketers, and publishers.

---

How to Set Up a Business in RAKEZ?

Setting up a business in RAKEZ is a smooth and streamlined process. Here’s a step-by-step overview:

Step 1: Choose Your Business Activity

Select the type of business you want to start and ensure that the activity is permitted under the chosen license type.

Step 2: Decide on a Legal Entity

RAKEZ supports different types of business structures:

• Free Zone Establishment (FZE)

• Free Zone Company (FZC)

• Branch of a local or foreign company

Step 3: Select Office Space

Choose the appropriate facility based on your needs—shared desk, standard office, warehouse, or industrial land.

Step 4: Submit Documentation

Provide the necessary documents including:

• Passport copies

• Application form

• Business plan (in some cases)

• Proof of address

Step 5: Get Approvals and License

Once your application is reviewed and approved, RAKEZ will issue your business license, allowing you to officially start operations.

Step 6: Open a Corporate Bank Account

With your license in hand, you can open a business bank account in the UAE.

---

RAKEZ Facilities and Support Services

RAKEZ isn’t just about licensing—it provides a full suite of business support services:

• Visa and Immigration Assistance

• Document Clearing and PRO Services

• Bank Account Opening Support

• Customs and Port Access

• Warehousing and Logistics Services

Their customer service and investor relations team are known for being highly responsive and investor-friendly.

---

RAKEZ Business Setup Costs (2025)

While exact costs vary based on your business activity, license type, and space requirements, here’s an approximate cost breakdown:

Note: These costs are indicative and subject to change. It’s best to consult with RAKEZ or an authorized business setup consultant for current pricing.

---

Who Should Consider RAKEZ?

RAKEZ is perfect for:

• Startups and Entrepreneurs looking for affordable entry into the UAE market

• SMEs seeking growth opportunities in the Middle East

• Freelancers and Professionals wanting a legal base in the UAE

• Manufacturing Firms in need of cost-effective industrial facilities

• Educational Institutions expanding to the UAE

• Investors interested in 100% foreign ownership with tax advantages

---

RAKEZ vs. Other UAE Free Zones

Here’s how RAKEZ compares to some of the more well-known free zones like DMCC (Dubai Multi Commodities Centre) and JAFZA (Jebel Ali Free Zone):

---

Success Stories from RAKEZ

Many global and regional companies have flourished in RAKEZ. From industrial giants to boutique agencies, the economic zone has consistently delivered value. Sectors like F&B manufacturing, e-commerce, education, and technology have seen significant growth in RAKEZ over the past decade.

---

Final Thoughts: Is RAKEZ Right for You?

With its blend of affordability, flexibility, and investor-friendly policies, RAKEZ in Ras Al Khaimah is undoubtedly one of the best platforms for launching and growing your business in the UAE.

Whether you're an ambitious entrepreneur, an international investor, or a solo freelancer, RAKEZ provides the resources and support system to turn your business vision into reality.

---

Ready to Start Your Business in RAKEZ?

Take the next step toward success. Contact a licensed RAKEZ business setup consultant today or visit the official RAKEZ website for more information.

---

Keywords for SEO optimization: RAKEZ Ras Al Khaimah, RAKEZ business setup, RAKEZ license cost, UAE free zone, start business in RAKEZ, affordable free zones in UAE, invest in Ras Al Khaimah, RAKEZ company formation, RAKEZ industrial zone, UAE business setup 2025.