Ras Al Khaimah Economic Zone (RAKEZ) is a prominent free zone located in the emirate of Ras Al Khaimah, UAE. Established to support a wide range of industries, RAKEZ offers an ideal environment for businesses looking to thrive in a dynamic and cost-effective setting. The economic zone is strategically positioned to provide easy access to key markets in the Middle East, Europe, Asia, and Africa, making it an attractive destination for international businesses. With its robust infrastructure and business-friendly policies, RAKEZ has become a hub for over 15,000 companies from more than 100 countries.

One of the key advantages of RAKEZ is its streamlined business setup process, which allows for quick and efficient company formation. The free zone offers a variety of license types, including commercial, industrial, educational, media, and e-commerce licenses, catering to diverse business needs. RAKEZ provides comprehensive support services, such as visa processing, banking assistance, and legal compliance, ensuring that businesses can focus on their core activities without administrative burdens. Additionally, the competitive pricing structure for business setup and operations makes RAKEZ an appealing option for startups, SMEs, and larger enterprises.

RAKEZ also boasts state-of-the-art facilities and a supportive business ecosystem designed to foster growth and innovation. The free zone offers modern office spaces, warehouses, and industrial plots, all equipped with advanced infrastructure to meet the needs of various industries. RAKEZ hosts regular events, workshops, and networking opportunities, encouraging collaboration and knowledge sharing among businesses. With its strategic location, excellent facilities, and extensive support services, RAKEZ is well-positioned to help businesses achieve their growth ambitions and succeed in the competitive global market.

Why Choose RAKEZ ?

  • Strategic Location:
    RAKEZ is strategically positioned in Ras Al Khaimah, providing businesses with easy access to key markets in the Middle East, Europe, Asia, and Africa. This prime location facilitates efficient trade and logistics operations, making it an ideal hub for businesses looking to expand their reach internationally.

  • Streamlined Business Setup:
    RAKEZ offers a quick and efficient business setup process, allowing companies to establish their operations with minimal delays. The economic zone provides a variety of license types, including commercial, industrial, educational, media, and e-commerce licenses, catering to diverse business needs. The streamlined procedures ensure that businesses can start operating swiftly.

  • Comprehensive Support Services:
    RAKEZ provides extensive support services to assist businesses throughout their journey. These services include visa processing, banking assistance, and legal compliance support, ensuring that all regulatory requirements are met smoothly. This comprehensive support allows businesses to focus on their core activities without being bogged down by administrative tasks.

  • Competitive Pricing:
    RAKEZ offers a cost-effective pricing structure for business setup and operations, making it an attractive option for startups, SMEs, and larger enterprises. The competitive rates help businesses minimize initial setup costs and allocate more resources toward growth and development, enhancing financial viability.

  • State-of-the-Art Facilities:
    RAKEZ boasts modern and well-equipped facilities designed to meet the needs of various industries. This includes high-quality office spaces, warehouses, and industrial plots, all supported by advanced infrastructure. These facilities provide businesses with the necessary resources to operate efficiently and effectively.

  • Supportive Business Environment:
    RAKEZ fosters a vibrant business community by hosting regular events, workshops, and networking opportunities. These initiatives encourage collaboration, innovation, and professional development among businesses and professionals within the economic zone. Being part of such a supportive community can lead to valuable partnerships and business growth.

  • Flexibility and Scalability:
    RAKEZ offers flexible solutions that can be tailored to meet the specific needs of different businesses. Whether a company requires office space, warehousing, or industrial land, RAKEZ provides scalable options that can grow with the business. This flexibility is crucial for adapting to changing market conditions and business requirements.

  • Financial Incentives:
    RAKEZ provides attractive financial incentives, including 100% foreign ownership, full repatriation of profits and capital, and exemption from import and export duties. These incentives help reduce operational costs and improve profitability, making RAKEZ a financially attractive option for businesses.

  • Pro-Business Policies:
    RAKEZ operates under a regulatory framework designed to facilitate business operations while ensuring compliance with local and international standards. The economic zone offers pro-business policies that minimize bureaucratic hurdles, making it easier for companies to conduct their operations smoothly.

  • Access to Skilled Workforce:
    RAKEZ offers access to a pool of skilled professionals and creative talents, which is essential for businesses in various industries. The proximity to educational institutions and training centers ensures a steady supply of qualified talent, helping businesses build strong teams and drive innovation.

Benefits of RAKEZ ?

The Ras Al Khaimah Economic Zone (RAKEZ) offers numerous benefits to businesses looking to establish themselves in the UAE. Here are ten notable benefits:

  • Cost-Effective Setup: RAKEZ provides affordable business setup packages, including competitive license fees and cost-effective office and warehouse spaces.

  • Wide Range of Licenses: It offers a variety of business licenses, such as commercial, industrial, professional, educational, and media licenses, catering to diverse business needs.

  • Strategic Location: Located in Ras Al Khaimah, RAKEZ offers proximity to major logistical hubs, including ports and airports, facilitating easy access to global markets.

  • 100% Foreign Ownership: Businesses can enjoy full foreign ownership with no restrictions on profit and capital repatriation.

  • Tax Advantages: RAKEZ provides tax incentives, including zero corporate and personal income tax, as well as exemption from import and export duties.

  • Streamlined Processes: RAKEZ offers efficient and streamlined business setup procedures, with a one-stop-shop service that simplifies the registration process.

  • World-Class Infrastructure: The economic zone boasts state-of-the-art infrastructure, including modern office spaces, warehouses, and land plots for industrial activities.

  • Support Services: RAKEZ provides a wide range of support services, including legal and regulatory assistance, visa processing, and access to banking services.

  • Networking Opportunities: The economic zone fosters a vibrant business community, offering ample opportunities for networking, collaboration, and business growth through events and seminars.

  • Access to Skilled Labor: RAKEZ’s location in the UAE allows businesses to tap into a diverse and skilled labor pool, with various educational institutions and training centers in proximity.

FAQ's

RAKEZ caters to a wide range of industries, including trading, manufacturing, logistics, media, education, and e-commerce. Businesses involved in import/export, distribution, production, and various service sectors can find a suitable environment in RAKEZ.

RAKEZ offers various types of licenses, including commercial licenses, industrial licenses, educational licenses, media licenses, and e-commerce licenses. Each license type is designed to support specific business activities and industries.

Yes, RAKEZ allows for 100% foreign ownership of businesses, giving investors full control over their operations and profits. This is one of the significant financial incentives provided by the economic zone.

Businesses in RAKEZ enjoy several financial benefits, including full repatriation of profits and capital, exemption from import and export duties, and competitive pricing for business setup and facilities. These incentives help reduce operational costs and enhance profitability.

The company formation process in RAKEZ is streamlined and efficient. Depending on the type of business and the completeness of the required documentation, the setup process can typically be completed within a few days to a couple of weeks.