Ras Al Khaimah Economic Zone (RAKEZ) Is a UAE free zone, and one of the leading investment hubs in the country. First established to consolidate the specialized zones & clients of the RAK Free Trade Zone (RAK FTZ) and the RAK Investment Authority (RAKIA), RAKEZ now offers customizable business solutions for both non-free zone and free zone companies. Freelancers, solo entrepreneurs, startups, SMEs, and industrialists can all set up shop in this multinational community of over 50 flourishing industries.
Home to a rich local culture, scenic views, and modern infrastructures while being backed by reputable credit rating agencies and having a business-friendly environment, RAKEZ prides itself on its safety and stability.
The price to set up a company in RAKEZ starts at justAED 5,499.
This rate will differ based on the business activities, number of shareholders, office space requirements, and other factors.
To get an estimate of your rates for this form of business setup in the UAE,
use our COST CALCULATOR
Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued from any of our participating banks and repay in easy instalments over a period of 12 months.
There are ten (10) trade licenses offered in RAKEZ, with their own restrictions on
free zone and non-free zone operations:
There are quite a few requirements for those who wish to join the Ras Al Khaimah free trade zone companies list, depending on the
nature of the company and how it will be set up.
| Requirements | Free Zone FZ-LLC | Non-Free Zone IE or LLC |
|---|---|---|
| Registration & Licensing Application |  | |
| Chamber of Commerce Membership Application |  | |
| Department of Economic Development Registration | | |
| Visa Copy or Entry Stamp of Shareholders, GM, & Director (if applicable) | | |
| Original No Objection Certificate for Shareholder(s)/GM (if UAE resident) | | |
| Family Book & Emirates ID of UAE Shareholder or Local Service Agent (whichever is applicable) | | |
| Business Plan (only for specific activity) | | |
| Colored Passport Copy of Shareholders, GM, Director (if applicable) | | |
| Emirates ID Copy of Shareholders, GM (if applicable) | | |
| UBO Declaration Form & Passport Copy | | |
| Requirements | Free Zone UAE Branch | Free Zone Foreign Branch | Non-Free Zone UAE Branch | Non-Free Zone Foreign Branch |
|---|---|---|---|---|
| Registration & Licensing Application | | | | |
| Chamber of Commerce Membership Application | | | | |
| Department of Economic Development Registration | | | | |
| Colored Passport Copy of Shareholders, GM, Director (if applicable) | | | | |
| Visa Copy or Entry Stamp of Shareholders, GM, & Director (if applicable) | | | | |
| Original No Objection Certificate for Shareholder(s)/GM (if UAE resident) | | | | |
| Shareholders/Board Resolution Resolving Establishment of a RAKEZ Company & Appointment of GM | | | | |
| Family Book & Emirates ID of UAE Shareholder or Local Service Agent (whichever is applicable) | | | | |
| Business Plan (only for specific activity) | | | | |
| Copy of Valid Trade License | | | | |
| Memorandum & Articles of Association | | | | |
| Commercial Register | | | ||
| Certificate of Registration | | | | |
| Certificate of Good Standing/Extract from Corporate Register (whichever is applicable) | | | | |
| Certificate of Incumbency | | | | |
| Emirates ID Copy of Shareholders, GM (if applicable) | | | | |
| UBO Declaration Form & Passport Copy | | | | |
| Requirements | Free Zone UAE Branch | Free Zone Foreign Branch | Non-Free Zone UAE Branch | Non-Free Zone Foreign Branch |
|---|---|---|---|---|
| Certificate of Good Standing/Extract from Corporate Register (whichever is applicable) | | | | |
| Certificate of Registration | | | | |
| Application for Registration and Licensing of a Branch Entity | | | | |
| Business Plan (only for specific activity) | | | | |
| Chamber of Commerce Membership Application | | | | |
| Colored Passport Copy of GM, Director (if applicable) | | | | |
| Commercial Register | | | | |
| Copy of Valid Trade License | | | | |
| Department of Economic Development Registration | | | | |
| Emirates ID Copy of Shareholders, GM (if applicable) | | | | |
| Family Book & Emirates ID of UAE Shareholder or Local Service Agent (whichever is applicable) | | | | |
| Memorandum & Articles of Association | | | | |
| Original No Objection Certificate for GM (if UAE resident) | | | | |
| Shareholders/Board Resolution Resolving Establishment of a RAKEZ Company & Appointment of GM | | | | |
| UBO Declaration Form & Passport Copy | | | | |
| Visa Copy or Entry Stamp of GM, Director (if applicable) | | | | |
The types of companies that can be registered in the Abu Dhabi Global Market are determined by its governing bodies. Generally, these are the common business structures under ADGM:
This zone is somewhat separated from the busy city, making it perfect for those seeking a more serene environment for their business center, with still easy access to commercial establishments, logistical hubs, and leisure and residential areas.
This modern zone is made up of first-class business centers dedicated to startups, freelancers, entrepreneurs, and SMEs, while offering a supportive hub for these company owners.
As a home to educational institutions and pre-built facilities, owners can make this their business center for academic services.
This is a modern industrial hub that’s well suited for both light and heavy company activities.
Al Ghail, Ras Al Khaimah is ideal for entrepreneurs who wish to establish large scale industrial manufacturing enterprises. These Al Ghail industrial area companies can make use of warehousing facilities, land for development and staff accommodation.
Once your application is completed and approved, you’ll receive your RAKEZ business license alongside your registration set and bank letter. From here, you may also proceed with your visa application process.
800-LICENSE (542 3673)
