Ras Al Khaimah Economic Zone or RAKEZ is a consolidation of two free zones namely; RAK Free Zone and RAK Investment Authority. RAKEZ is located in the emirate Ras Al Khaimah, United Arab Emirates. Dubai are known to flourish in Ras Al Khaimah mainly due to the economic security and steadiness that the city offers. RAKEZ companies are a live example of this. The customizable company set up options of RAKEZ and the ‘round the clock’ connectivity of Ras Al Khaimah through its seaports, airport and highways makes it a perfect landing spot for any company. That is why RAKEZ is the preferred free zone for many freelancers, small and medium enterprises, multinational enterprises and large industries.

The Benefits of Incorporating a RAKEZ Company

RAKEZ benefits its companies in the following ways:

• Ras Al Khaimah Economic Zone permits more than four thousand (4,000) business activities.
• RAKEZ companies are an affordable company set up option.
• Both free zone and non-free zone options are available.
• Form a company without visiting the UAE.
• Minimum documents are required to set up a company.
• Ras Al Khaimah Economic Zone has dedicated zones for industrial, academic, and business activities.
• Ras Al Khaimah Economic Zone processes for company incorporation are time efficient.
• Ras Al Khaimah Economic Zone offers special licenses for freelancers.
• RAKEZ has special packages for women entrepreneurs.
• Minimum capital requirement of AED 10,000 (for industrial activity – AED 15,000).
• Pay for your company registration and company renewals in interest free instalments lasting up to six (6) months.
• One RAKEZ company can carry out several business activities on multiple licenses.
• 100 % repatriation of profits and capital.
• Zero (0) tax (personal or corporate)
• Ready to move in flexi desk, flexi office and dedicated office options are available for RAKEZ companies.
• Warehousing and storage facilities options are also provided.
• Ras Al Khaimah Economic Zone offers land for development that may benefit manufacturing, logistical and service industry projects.
• Provision for on-site staff and labour accommodation.
• RAKEZ facilitates easy company operation.
• Ras Al Khaimah Economic Zone offers business centres and secretarial services.
• Find access to all government services under the same roof.
• Multiple alternatives for investor and employee visas.
• Opportunity to do business with more than fourteen thousand (14,000) companies from fifty (50) different countries that are already set up with the RAKEZ.
• The strategic partnership of RAKEZ with banks fast tracks the bank account opening process. This also eases the operation of bank accounts.
• Investors and employees of Ras Al Khaimah Economic Zone companies can sponsor their families.
• Investor visa granted to investors of RAKEZ companies allows freedom to travel to Gulf Cooperation Countries.