RAKEZ – Ras Al Khaimah Economic Zone

RAKEZ – Ras Al Khaimah Economic Zone

About Ras Al Khaimah Economic Free Zone (RAKEZ)
Ras Al Khaimah Economic Zone (RAKEZ) is a major business and industrial hub in the UAE, strategically located in the heart of Ras Al Khaimah. It unites five specialized zones:

  • Al Ghail Industrial Zone
  • Al Hamra Industrial Zone
  • RAKEZ Academic Zone
  • Al Hulaila Industrial Zone
  • RAKEZ Business Zone

RAKEZ supports businesses of all sizes — from freelancers and SMEs to large multinational corporations, across 50+ industries.

With cost-effective packages and a streamlined setup process, RAKEZ is a flexible and scalable option for both local and international investors.

Setup cost starting from AED 11,500
Estimated setup time: 5–7 working days

Key Benefits of Setting Up a Business in RAKEZ – Ras Al Khaimah Economic Zone

100% BUSINESS OWNERSHIP AND CAPITAL REPATRIATION

As an expatriate, you can own 100% of the company and remit all profits to your home country.
STRATEGIC LOCATION
RAKEZ boasts the highest level of industrialisation in the UAE and also offers easy access to markets.
OPEN TO ALL
RAKEZ issues licences including commercial, educational, e-commerce, general trading and other services.
ONE-STOP-SHOP
RAKEZ offers a range of government services within its zones, including visa and contract assistance.
PLENTY OF SCOPE
RAKEZ offers warehouse space of all sizes allowing you to rent warehouses or build new ones.
Permitted Business Activities in RAKEZ – Ras Al Khaimah Economic Zone
RAKEZ – Ras Al Khaimah Economic Zone welcomes a range of financial and professional business activities. Here are some of the most popular options:
  • Consultancy
  • Oil and Gas Trading
  • E-Trading/E-Commerce
  • Accounting and Bookkeeping
  • Media
  • Hospitality
  • Insurance Services
  • Trading of Various Activities
  • Import and Export
  • Advertising
  • Web Design
  • Marketing
  • Manufacturing
  • Travel Agency
RAKEZ Free Zone Company Formation: Everything You Need to Know
RAKEZ (Ras Al Khaimah Economic Zone) is one of the UAE’s fastest-growing and most cost-effective free zones. Offering tailored solutions for startups, SMEs, and industrial players, RAKEZ combines low setup costs with global reach and modern infrastructure.
What Is RAKEZ Free Zone?RAKEZ is a government-backed economic zone in the emirate of Ras Al Khaimah. It provides a platform for a wide range of business sectors—from freelancers to large-scale manufacturers—to thrive in a business-friendly, tax-free environment.
Key Benefits:
• 100% foreign ownership
• Full tax exemption (personal & corporate)
• Repatriation of profits and capital
• Fast-track company setup
• Strategic location near seaports and airports
• Affordable licensing and operational costs

Why Set Up a Business in RAKEZ?
RAKEZ is ideal for entrepreneurs and companies seeking flexibility, scalability, and value.
Four Pillars of RAKEZ:
Diversification — From commercial and consultancy to industrial and e-commerce sectors
Customization — Flexible packages and facilities tailored to your needs
Cost-Effective — One of the most affordable free zones in the UAE
Efficient Setup — Streamlined licensing and visa issuance process

RAKEZ Business License Types
RAKEZ offers multiple license categories to support various business activities:
Commercial License — Trading, warehousing, import/export
General Trading License — Broad scope for multiple goods
Industrial License — Manufacturing, processing, assembly
Professional License — Solo professionals offering skilled services
Consultancy License — Management, legal, accounting, and more
E-Commerce License — Online trading of goods and services
Media License — Photography, publishing, music, and content creation
Education License — Academic institutions and training centers

RAKEZ Company Setup Process
Starting a company in RAKEZ is straightforward:
Step 1: Choose Your Business Activity
Define what services or goods your company will offer.
Step 2: Reserve a Business Name
Pick a name that follows UAE naming guidelines.
Step 3: Submit Documents & Apply for License
Documents include passport copies, application form, photo, and business plan.
Step 4: Get Your Visa
Apply for UAE residency for yourself and your team.
Step 5: Open a Corporate Bank Account
Use your license and Emirates ID to open a business account.

Required Documents
To register a company in RAKEZ, you’ll generally need:
• Completed application form
• Passport copies of shareholders and managers
• UAE immigration stamps (if applicable)
• NOC from current sponsor (if required)
Note: Additional approvals may apply depending on your activity.

Business Facilities and Warehousing
RAKEZ offers flexible office and warehouse solutions:
• Shared workspaces (Flexi-desks)
• Executive offices
• Industrial land for lease
• Warehouses of all sizes
These facilities are available for both SMEs and large manufacturers.

RAKEZ Location Advantages
• Direct access to Saqr Port and RAK International Airport
• Seamless logistics and supply chain connectivity
• Ideal for regional and global distribution

RAKEZ License Renewal
Renewing your license is simple:
• Submit renewal documents remotely
• Pay the renewal fee (typically lower than initial license fee)
• Sign and submit a lease agreement
• Receive your updated license documents

Why Choose Proxima Eight for RAKEZ Setup?
Partnering with Proxima Eight gives you peace of mind:
Expert guidance on legal structure, documentation, and compliance
Visa and licensing support for entrepreneurs and employees
Decades of experience in UAE business formation
Transparent pricing and ongoing support

Ready to Start Your RAKEZ Company?
Contact us today for a free consultation. We'll help you choose the right license, set up your business efficiently, and get you started in one of the UAE’s most dynamic economic zones.
RAKEZ Free Zone: Where Smart Businesses Begin.
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