RAKEZ Free Zone: Ras Al Khaimah Business Setup Guide
RAKEZ (Ras Al Khaimah Economic Zone) is one of the UAE’s leading free zones, offering competitive business setup solutions with excellent facilities and support. Located in Ras Al Khaimah, RAKEZ serves businesses across multiple industries with affordable license costs and comprehensive services. This guide covers everything you need to know about establishing a business in RAKEZ.
What is RAKEZ Free Zone?
RAKEZ is a specialized free zone authority in Ras Al Khaimah that provides comprehensive business setup and management services. Hosting over 18,000 companies from 100+ countries, RAKEZ has established itself as a reliable destination for businesses seeking professional infrastructure, cost-effective solutions, and supportive regulatory framework. The free zone supports diverse industries from manufacturing to professional services.
Key Advantages of RAKEZ Free Zone
Business Benefits
- 100% Foreign Ownership: Establish your business with complete foreign ownership
- Competitive License Costs: Among the most affordable free zones in UAE
- Tax Advantages: 0% corporate income tax and customs duties
- Flexible Space Options: From shared offices to large industrial facilities
- Profit Repatriation: 100% repatriation of profits abroad
- Professional Services: Comprehensive business support and consulting
- Quick Approval: Fast-track license approval process
- Strategic Location: Access to major UAE and international markets
RAKEZ License Types
1. Trading License
For import/export and wholesale trading businesses. Covers diverse product categories.
2. Manufacturing License
For production, assembly, and manufacturing operations with modern facilities available.
3. Service Provider License
For businesses providing professional and technical services.
4. Consultancy License
For consultants, advisors, and professional service providers.
5. General Business License
Flexible license accommodating various business activities.
RAKEZ License Costs 2026
| License Type | Cost (AED) | Renewal Cost |
|---|---|---|
| Trading License | 9,000 – 15,000 | 4,500 – 7,500 |
| Manufacturing License | 12,000 – 20,000 | 6,000 – 10,000 |
| Service Provider License | 8,000 – 14,000 | 4,000 – 7,000 |
| Consultancy License | 7,000 – 12,000 | 3,500 – 6,000 |
| Shared Office (per sqm/month) | 150 – 300 | N/A |
| Private Office Lease (per sqm/year) | 200 – 400 | N/A |
| Industrial Space (per sqm/year) | 60 – 150 | N/A |
Step-by-Step RAKEZ Setup Process
Step 1: Determine Your Business Type
Select the license type that matches your business activity and operations.
Step 2: Prepare Documentation
Gather all required documents including identification, business credentials, and financial information.
Step 3: Submit Application
Complete RAKEZ application form and submit with supporting documents.
Step 4: Space Selection
Choose from available office, industrial, or shared workspace options.
Step 5: Application Review
RAKEZ reviews your application and conducts necessary verifications.
Step 6: License Approval and Payment
Upon approval, complete payment of license fees and space lease deposit.
Step 7: Business Commencement
Receive your license and start business operations in RAKEZ.
Required Documents for RAKEZ Application
- Valid passport copy
- Business registration certificate
- Bank statements (last 3-6 months)
- Proof of business experience
- Business plan
- Proof of address
- Professional references
- Trade licenses from home country (if applicable)
Industries Supported by RAKEZ
Primary Sectors
- Trading and distribution
- Manufacturing and assembly
- Import/export operations
- Professional consulting services
- IT and software services
- Engineering and technical services
- Healthcare and pharmaceutical
- Education and training
- Hospitality and tourism services
- General business services
RAKEZ vs Other Free Zones
RAKEZ offers competitive advantages compared to other UAE free zones. License costs are among the lowest in the UAE, and the free zone provides comprehensive support services. While Dubai free zones may have better-known brand recognition, RAKEZ offers excellent value for money and a supportive business environment for growing companies.
FAQ: RAKEZ Free Zone
Q1: Is RAKEZ suitable for small businesses and startups?
Yes, RAKEZ is ideal for startups and SMEs. Affordable license costs, flexible space options, and professional support make it perfect for small business establishment.
Q2: What are the visa benefits in RAKEZ?
RAKEZ license holders can sponsor employee visas. The number of visas typically depends on your business size and capital investment.
Q3: How long does the RAKEZ setup take?
The complete process typically takes 1-2 weeks with complete documentation, making it one of the fastest free zone setups in UAE.
Q4: Can I operate multiple business activities under one license?
Yes, RAKEZ allows multiple business activities under one license depending on business type. Additional activities can be added by amendment.
Q5: What type of space options are available in RAKEZ?
RAKEZ offers shared offices, private offices, industrial warehouses, and manufacturing facilities to suit different business requirements and budgets.
Why Choose RAKEZ?
RAKEZ combines affordability, professional services, and strategic location to create an ideal business environment. With over 18,000 companies already established, RAKEZ has proven its capability to support diverse business ventures. The free zone’s commitment to customer service and competitive pricing makes it an excellent choice for businesses seeking value and reliability.
Conclusion
RAKEZ Free Zone in Ras Al Khaimah provides an excellent opportunity for business establishment with competitive costs, professional infrastructure, and comprehensive support. Whether you’re a startup or an established business looking to expand, RAKEZ offers the resources and environment needed for success.
Launch Your RAKEZ Business
Contact ecompanysetup.com for expert assistance in establishing your business in RAKEZ. We provide comprehensive support from consultation to license issuance.
Need Help With Your Business?
Get expert guidance on company formation, licensing, and visa processing in Dubai