Ras Al Khaimah Economic Zone
RAKEZ stands for Ras Al Khaimah Economic Zone, which was found after consolidation of 2 Free Zones – Rak Free Zoneand RAK Investment Authority, which made the Zone really huge. It is one of the most popular Free Zones for business setup in UAE. With the simple business registration process, this location is attracted by entrepreneurs to whom location is less important than cost. RAKFTZ enjoys around 25 to 50% lower costs of living and doing business than in other parts of the UAE.
RAK Free Zone provides the options of free zone and non-free zone entity solutions and it provides various sizes of warehouses. If you are planning to set up large scale industrial project RAK free zone can help you to provide industrial land. This fastest growing free zone is located in the emirate of Ras Al Khaimah hosting over 8,000 active companies owned by foreign citizens, registered in RAK Free Zone in UAE. Ras Al Khamiah company formation would be a good option for any business, but it’s specifically suitable for companies that need warehousing facilities.
Rak Freezone Process
RAKEZ Company Formation Benefits
- Free zone and non-free zone company formation
- 100% foreign ownership &100% exemption from corporate & personal income tax
- Businesses allowed to use all forms of currencies
- Complete profit repatriation
- Customs duty is exempted on re-exported goods
- Wide range of business development and industrial facilities and value added services
- Self-service customer portal
- Can build on-site staff and accommodate labor
- Access to main logistical hubs and multilane super highways
- Connectivity through international spread of regional offices
- Easy access to markets across the Middle East, Europe, North Africa and Asia regions
- One-stop shop facility for free zone company formation and business support
Facilities of Business Set up in RAKEZ
1. Standard Offices
Ideal for small-to medium-sized business. RAKEZ has ready-made office spaces, which allow an entrepreneur to gain maximum return on investment.
2. Flexi Facilities
Flexi facilities are low-risk ideal solution for startup companies in RAKEZ. They are shared and furnished workstations located in first-class business centers in RAKEZ Business Zone.
3. Shell & Core Offices
If you want to design and arrange your working environment, you can lease shell & core offices located in RAKEZ Business Park.
4. Executive Offices
They are fully serviced, bigger than standard offices and provide more space for business growth.
5. Land for Development
Land for development provides unlimited space of land for industrial, logistical and service industry projects that also enable easy access to neighboring emirates and GCC countries.
RAK Free Zone Business Setup
We are RAK free zone company setup specialist. We provide the best services for setting up your business from the scratch. Our personalized support helps you set up your company in the RAK Free Zone. We offer assistance in all aspects of business, including business formation, visa assistance, company registration processes, and more.
Our company offers a wide range of services from company formations to bank account opening, from visa application assistance to work permit issuance. We provide our clients with a single-stop service for all their needs relating to foreign company registration in Ras Al Khaimah Free Trade Zone
The Ras Al Khaimah Freezone used to be one of the most popular freezones in the UAE but they have lost some of its glory in recent years. RAK free zone business setup is subject to licenses. Just apply for an appropriate license from nine available options to operate legally from this free zone.