RAKEZ – Ras Al Khaimah Economic Zone
Ras Al Khaimah Economic Zone (RAKEZ) was established to oversee and consolidate the specialized zones and clients of both Ras Al Khaimah Free Trade Zone and RAK Investment Authority.RAKEZ is connected to growing markets of the Middle East, North Africa, Europe as well as South and Central Asia.
Advantages of choosing RAKEZ includes:
- Freedom to source cost-effective labour
- Easy access to supply chain of raw materials
- Five major seaports and an international airport
- Diversified industry sectors
- Over 26% of RAK’s GDP comes from manufacturing
How to start a company in RAKEZ?
Business Types: RAKEZ offers three main options for starting a business, which are: Free Zone entity, Non-Free Zone entity, OffshoreFREE ZONE ENTITY
- Zero taxation
- 100% ownership & profit repatriation
- Access to local market through a local agent
- No customs duty on re-exported goods
- Freedom to source labour
NON-FREE ZONE ENTITY
- Zero taxation
- Established in association with a UAE partner
- Direct sales in local market
- No customs duty for sales in local or GCC markets
- Subject to UAE labour law
OFFSHORE
- Company limited by shares
- Company limited by guarantee
- Restricted company purposes
- Segregated company portfolio
- Unlimited company
- Transfer of domicile
COST-EFFECTIVE BUSINESS SOLUTIONS
- Free zone and non-free zone entity formation
- 100% ownership
- Wide-ranging business and industrial facilities and value-added services
- Connectivity to major logistical hubs and multilane super highways
- Accessibility via an international spread of regional offices
- Easy access to markets across the Middle East and North Africa (MENA) region, as well as Europe and Asia
- Easy access to major logistical hubs including Saqr Port, the largest bulk container port in the MENA region
- Close proximity to RAK and Dubai International Airports
COMPANY SET-UP PROCESS
- Customize your package
- Select your legal entity: Free zone entity, Non-free zone entity, Branches
- Select your license type: Commercial, Educational, E-commerce, General trading, Individual/professional, Industrial, Media, Professional, Service, Tourism
- Select your type of facility: Flexi facilities, offices, warehouses, land for development
- Submit your documents and proceed with payment
- Fill out the application form and submit your documents
- Receive your invoice
- Proceed with payment
- Sign legal documents and submit
- Receive your