RAKEZ FREE ZONE COMPANY FORMATION
COMPANY REGISTRATION IN RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ)
RAKEZ, short for Ras Al Khaimah Economic Zone, is located in the city of Ras Al Khaimah, one of the seven emirates in the United Arab Emirates. Situated just under an hour’s drive from Dubai, RAKEZ has continued the legacy of RAK Free Trade Zone, established in 2000, and Ras Al Khaimah Investment Authority, founded in 2005. With a global presence spanning over 100 countries and representing more than 50 sectors, RAKEZ offers clients and investors a cost-effective business solution and a world-class economic zone. Their services are designed to be quick and easy, complemented by state-of-the-art facilities. RAKEZ ensures accessibility for clients through their business and promotional centers across the UAE and their International Liaison offices.
ADVANTAGES OF RAKEZ
- Quick & Easy Process
- Customisable Services & facility
- 100% repatriation of capital and profits
- 100% tax exemption
- 100% foreign ownership
- Low cost business setup
- Easy access to strategic market in the MENA region
- Ease of doing business
- One-Stop–Shop for all investor’s needs
- Well-developed industrial infrastructure
- Comprehensive master planning for growth
- Stable Government and investor friendly policies
- Wide-ranging business and industrial facilities and value-added services
RAKEZ ZONES
- RAKEZ Business Zone:- Trading, Services and Consultancy businesses
- Al Hamra, Al Ghail & Al Hulaila Industrial Zones:- Manufacturing, Industrial projects, trading, assembly & logistics
- RAKEZ Academic Zone:- Schools, Universities, Institutes, Academic consultancy and services
FACILITIES
1. FLEXI FACILITIES
- Shared furnished workstations or offices
- Ideal for startup, SMEs and enterpreneurs
- Secretarial and business centre services
- One-stop shop facility and value-added services
- Advanced IT/Telecommunications infrastructure
- Eligibility to apply for UAE Residence Visa
2. WAREHOUSES
- Customisable and availablity in various sizes
- Ideal for manufacturing, trading, assembly and logistics
- Availability of security and utility supplies around clock
- permanent power connectivity
- Proximity to retail districts and major logistics hubs
- Provision for on-site staff and labour accommodation
- Rasy access to manpower for loading and cargo
- Eligibility to apply for UAE Residence Visa
3. OFFICES
- Ready or customisable office spaces
- Ideal for commercial, services and consultancy business
- Secretarial and business centre services
- One-stop shop facility and value-added services
- Advanced IT/Telecommunications infrastructure
- Eligibility to apply for UAE Residence Visa
4. LAND FOR DEVELOPMENT
- Wide-ranging land sizes for development
- Ideal for manufacturing and projects
- Availability of security and utilitysupplies around the clock
- Proximity to major logistical hubs and other emirates
- Provision for on-site staff and labour accommodation
- Well-paved roads at all locations
- Eligibility to apply for UAE Residence Visa
BUSINESS TYPES
RAKEZ provides the flexibility to establish either a freezone or non-freezone entity, tailored to your specific needs. Let’s delve into the distinction between a Freezone entity and a Non-freezone entity.
FREE ZONE ENTITY | NON-FREE ZONE ENTITY |
|---|---|
Zero Taxation | Zero Taxation |
100% Ownership & Profit Repatriation | Established in Association with a UAE partner |
Access to local market through a local agent | Direct sales in local market |
No Customs duty on re-expotred goods | No Customs duty on sales in local or GCC market |
Freedom to source labour | Subject to UAE labour law |
LICENCES
RAKEZ offers a wide varity of business license for different activities:
Types | Activities | Freezone | Non-Freezone |
|---|---|---|---|
Commercial | Trading in services and goods | √ | √ |
Educational | Opening an education- related institution or consultancy company | √ | √ |
E-commerce | Trading in services and goods via electronic means | √ | √ |
General Trading | Trading in multiple goods | √ | √ |
Individual / Professional | One Owner with one activity in a specific specialty or expertise | √ | √ |
Industrial | Manufacturing, importing, packaging and exporting products | √ | √ |
Media | Opening media-related business activities | √ | √ |
Professional | For individuals who provide professional services | √ | √ |
Services | Conducting services or consultancies across any industry | √ | √ |
Tourism | Operating tourism-related activities or establishments | √ | √ |
NEW COMPANY REGISTRATION PACKAGE COST
BUSINESS LICENSE PACKAGE FEE DETAILS
| PRODUCT NAME | BizStarter 0 VISA | ALL INCLUSIVE 1 VISA | ALL INCLUSIVE 2 VISA | ALL INCLUSIVE 3 VISA | ALL INCLUSIVE 4 VISA |
|---|---|---|---|---|---|
| PRICE 1 YEAR | AED 5,499 | AED 16,500 | AED 20,000 | AED 25,000 | AED 29,000 |
| PRICE 2 YEAR | – | AED 28,050 | AED 34,000 | AED 42,500 | AED 49,300 |
| PRICE 3 YEAR | AED 15,599 | AED 39,600 | AED 48,000 | AED 60,000 | AED 69,600 |
| PRICE 4 YEAR | – | AED 49,500 | AED 60,000 | AED 75,000 | AED 87,000 |
| PRICE 5 YEAR | AED 26,597 | AED 61,800 | AED 75,000 | – | – |
| PRICE 6 YEAR | – | AED 69,300 | AED 84,000 | AED 105,000 | AED 121,800 |
| RENEWAL PRICE 1 YEAR | Same as Above | AED 16,500 | AED 20,000 | AED 25,000 | AED 29,000 |
| RENEWAL PRICE MULTIPLE YEAR | Same as Above | Same as above | Same as Above | Same as Above | Same as Above |
OFFICE SPACE PACKAGE FEE DETAILS
| PRODUCT NAME | Serviced Office A | Serviced Office B | Standard Office | Executive Office |
|---|---|---|---|---|
| PRICE 1 YEAR | AED 25,000 | AED 34,000 | AED 38,000 | AED 48,000 |
| PRICE 2 YEAR | AED 42,500 | AED 57,800 | AED 64,600 | AED 81,600 |
| Visa Quota | 2 FREE (Lifetime) | 4 FREE (Lifetime) | 4 FREE (Lifetime) | 6 FREE (ifetime) |
| RENEWAL PRICE 1 YEAR | AED 25,000 | AED 34,000 | AED 38,000 | AED 48,000 |
| RENEWAL PRICE MULTIPLE YEAR | Same as Above | Same as above | Same as Above | Same as Above |
Pro Consultancy specializes in seamlessly registering companies in RAKEZ, alleviating all hassles for investors while ensuring compliance with all legal formalities. Our expertise ensures a smooth process, allowing you to focus on your business goals with confidence.
Looking for a First-Class solution for your business in RAKEZ?
We welcome and celebrate different perspectives to help our firm, our clients and our people.