Company Formation in RAKEZ

Name: Business Setup in Dubai
Brand: Bizinvestfirm
Rating: 4.8 (63845 reviews)

RAKEZ is a free zone in the UAE, located at Ras AL Khaimah, in a business-friendly environment. It is near the airport and ports. The benefits of setting up a company in RAKEZ include tax exemptions, 100% foreign ownership, no currency restrictions, and access to a variety of business sectors.

We Bizinvestfrim assist in company formation, document clearance, open bank accounts, and licenses.

RAKEZ serves as a gateway for investors from North Africa, the Middle East, Europe, Central Asia, and beyond. Bizinvestfrim is a one top solution for your company formation in RAKEZ, so you can focus on business. Get us in touch with Bizinvestfrim to formulate your company in RAKEZ.

Benefits of RAKEZ Free Zone Company Setup

Some of the key advantages of RAKEZ Free Zone Company Setup include 100% foreign ownership, tax exemptions, a simplified company registration process, and access to global markets.

1. Cost-effective setup

RAKEZ offers a low-cost business setup, reducing initial expenses and helping startups thrive in a competitive market.

4. Business freedom

Flexible business structures, fewer restrictions, and no capital requirements provide entrepreneurs with freedom to operate their way.

2. Tax-friendly policies

Businesses enjoy zero corporate and income taxes, offering a substantial financial advantage to entrepreneurs and investors.

5. Strategic location

RAKEZ is located near major global shipping routes, making it ideal for international trade and market access.

3. 100% ownership

RAKEZ allows foreign investors to retain full control of their companies, ensuring complete independence in operations.

6. Supportive infrastructure

RAKEZ provides modern facilities, advanced logistics, and top-tier business services to help companies grow efficiently and sustainably.

Different Types of Licenses in RAKEZ Free Zone

The RAKEZ Free Zone offers a variety of licenses for different types of businesses.

E-COMMERCE

Trading in goods and services via electronic means

Commercial License

Trading in services and goods

GENERAL TRADING

Trading in multiple goods

INDUSTRIAL

Manufacturing, importing, packaging and exporting products

PROFESSIONAL

For individuals who provide professional services

SERVICE

Conducting services or consultancies across any industry

FREELANCER PERMIT

For media, education, IT and analysts professionals

EDUCATIONAL

Opening An education-related institution or consultancy company

MEDIA

Operating media-related business activities

Types of legal entities for RAK Free Zone company setup

Free Zone Company– An FZC is usually owned by two to five shareholders.
Branch of Local Company – A local company branch is a subdivision of a UAE-based company (parent company). The parent company has to be functioning for more than one year in order to set up a branch.
Branch of Foreign Company – A foreign company branch is a unit of a foreign company/non-UAE-based company. The parent company must be in operation for more than one year to establish its branch in RAK Free zone.

Steps for Company Formation in RAKEZ Free Zone

You can begin the company setup process in the RAK Free zone with the following steps.

1. Choose Business Activity and Legal Structure

Determine the type of business activity and legal structure suitable for your company in RAKEZ.

2. Name Reservation

Select a unique company name and reserve it through the RAKEZ portal or authorized agent.

3. License Application Submission

Submit the necessary documents and complete the license application process for approval from RAKEZ authorities.

4. License Application Submission

Pay the required setup fees, including registration, licensing, and other related costs for your company.

5. MOA and Lease Agreement Signing

Sign the Memorandum of Association (MOA) and lease agreement with RAKEZ to formalize your company’s registration.

6. License Issuance

Once the process is completed and approved, RAKEZ will issue the company’s business license.

7. Visa Processing

Apply for and process residency visas for shareholders, employees, and dependents as per your company’s requirements.

8. Bank Account Opening

Open a corporate bank account in the UAE to manage your business transactions and finances efficiently.

Documents Required for RAKEZ Company Setup

Find below the list of documents required to setup company in RAKEZ free zone.

What is the RAK Free Zone License Cost?

The RAK free zone license cost can be around AEd 6,000 to AED 20,000. There are a host of factors that determine the cost of company formation in the Ras Al Khaimah Free zone. For instance, the type of business, type of license, registration fee, and many others. The quantity of the workforce is also among the factors that decide the RAKEZ Company Setup cost.

Dubai Free Zone

^AED 10,500*

Business Consultation
0 Visa
100% Foreign Ownership
Business License
MOA and AOA
VAT consultation
Dedicated relationship manager

Get Started

Rakez Free Zone

^AED 6,000*

Business Consultation
0 Visa
100% Foreign Ownership
Business License
MOA and AOA
Flexi desk
Dedicated relationship manager

Get Started

Dubai Mainland

^AED 15,000*

Business Consultation
1 Visa
100% Foreign Ownership
Business License
MOA and AOA
Flexi desk
Dedicated relationship manager

Get Started

Ready To Get Your IFZA Business License?

Bizinvestfirm is a leading consultancy firm in the UAE, offering expert, specialized, and efficient services for over two decades. Our highly qualified and experienced consultants provide innovative solutions for business setup in Dubai and across other Emirates, including RAKEZ Free Zone company setup. With in-depth knowledge and expertise, we deliver tailored services to help businesses navigate the complexities of UAE regulations, ensuring smooth and successful company formation. Partner with us for reliable guidance, strategic planning, and seamless execution of your business setup in the UAE.

GET EXPERT ASSISTANCE