RAKEZ
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Located in the central area of the Emirate of Ras Al Khaimah within the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) stands as a dominant force in the business landscape, serving as a prominent industrial center. Functioning as an authority for business licensing, RAKEZ provides tailored solutions for the establishment of UAE companies, catering to both free zone and non-free zone enterprises within a diverse community of over 18,000 companies thriving across more than 50 sectors.
Instituted under the patronage of the Ras Al Khaimah Government, RAKEZ stands out as one of the most expansive economic zones in the region, actively supporting startups, entrepreneurs, small and medium-sized enterprises (SMEs), and industrialists with their business setup procedures and necessities.
Key Features and Advantages of RAKEZ
- Industry Diversity: RAKEZ accommodates a wide array of industries, including manufacturing, trading, services, consulting, media, technology, and more. This diversity allows businesses to find suitable opportunities and thrive in their respective sectors.
- Strategic Location: Situated at the crossroads of the Middle East, Europe, North Africa, and Asia, RAKEZ’s location offers easy access to global markets and makes it a gateway for businesses looking to expand their operations internationally.
- Easy Company Setup: RAKEZ boasts a streamlined and efficient company formation process. The setup procedures are designed to be straightforward, enabling entrepreneurs to establish their businesses quickly.
- 100% Foreign Ownership: Like many other UAE free zones, RAKEZ permits foreign investors to own 100% of their companies, without the need for a local partner, providing full control and autonomy.
- Tax Incentives: Companies operating within RAKEZ enjoy exemption from corporate and personal income taxes, making it an attractive destination for businesses seeking tax advantages.
- State-of-the-Art Infrastructure: RAKEZ offers modern and well-equipped facilities, including office spaces, warehouses, and industrial units, meeting the diverse requirements of businesses across various industries.
- Business Support Services: RAKEZ provides comprehensive support services, including assistance with company incorporation, visa processing, and business licensing, among others, to ensure a smooth and hassle-free experience for investors.
- Cost-Effective Solutions: RAKEZ offers competitive pricing for its services, making it cost-effective for startups, SMEs, and established companies to establish and grow their presence in the region.
- Proximity to Ports and Airports: Ras Al Khaimah’s strategic location grants businesses easy access to major seaports and airports, facilitating efficient import and export activities.
- Business Community: RAKEZ fosters a vibrant business community, providing networking opportunities, seminars, and events that promote collaboration and growth among its diverse range of tenants.
RELATED FAQ
RAKEZ stands for Ras Al Khaimah Economic Zone, which is a prominent free zone located in the emirate of Ras Al Khaimah, UAE. It provides a business-friendly environment and a wide range of facilities for various industries.
RAKEZ offers numerous advantages, including 100% foreign ownership, tax exemptions, a strategic location with access to global markets, easy company setup procedures, modern infrastructure, and cost-effective solutions.
RAKEZ accommodates a diverse range of industries, including manufacturing, trading, services, consulting, media, technology, and many more, making it a suitable destination for a wide array of businesses.
The company setup process in RAKEZ is known for its efficiency, and the timeline varies depending on the type of business and the completeness of documentation. Generally, it can be completed within a few days to a few weeks.
Yes, RAKEZ allows foreign investors to have full ownership (100%) of their companies, granting them complete control and autonomy without the need for a local partner.
Yes, companies operating in RAKEZ enjoy exemption from corporate and personal income taxes, providing attractive tax benefits to investors.
RAKEZ provides state-of-the-art infrastructure, including modern office spaces, warehouses, and industrial units, catering to the diverse needs of businesses across different sectors.
Yes, RAKEZ offers comprehensive support services, including assistance with company incorporation, visa processing, and business licensing, among others, to facilitate a smooth setup process for investors.
RAKEZ offers competitive pricing for its services, making it cost-effective for startups, SMEs, and established companies to set up and operate their businesses in the free zone.
Yes, Ras Al Khaimah’s strategic location provides easy access to major seaports and airports, enhancing import and export activities for businesses operating within RAKEZ.
Explore Our Services
01
Mainland Company
Opting for the mainland business setup enables your business to trade ...
02
Freezone Company
100% foreign ownership along with a 0% customs duties on imports and exports.
03
Offshore Company
The setup is also known as Non-Resident Company (NRC) or International Business...
