RAKEZ Freezone Company Formation
Get expert help with RAKEZ Freezone company formation and enjoy a fast, compliant, and hassle-free business setup in RAKEZ. With access to the local and international markets, starting a RAKEZ Freezone company provides unrestricted opportunities for growth and expansion. Our RAKEZ company setup services streamline the process, ensuring your business complies with all regulatory requirements while setting up quickly. Take the first step toward success in RAKEZ with our expert support today.
What is RAKEZ Freezone?
RAKEZ (Ras Al Khaimah Economic Zone) is one of the UAE’s premier Freezones, offering a wide range of business setup options for entrepreneurs and investors. RAKEZ is home to numerous industries, including trading, manufacturing, IT, and professional services. The RAKEZ Freezone offers businesses 100% foreign ownership, full repatriation of profits, and tax exemptions, making it an ideal choice for companies looking to expand in the UAE and beyond.
Benefits of Setting Up a Business in the RAKEZ Freezone
100% Foreign Ownership
International companies can operate with 100% ownership without a local Emirati sponsor as a partner.
Diverse Business Activities
More than 700 business activities are accessible in a variety of industries.
Cost-Effective Setup
Offers some of the cheapest business setup packages in the United Arab Emirates, which include inexpensive office space, warehouses, and business permits.
Free Repatriation of Profits
Profit repatriation is unrestricted, thus companies are free to transfer their earnings back to their home nations without incurring any fees or restrictions.
Strategic Location
Ras Al Khaimah is close to major UAE cities like Dubai and Abu Dhabi, as well as important international markets, and has easy access to the harbor and highways.
Tax Incentives
Exemption from import and export customs taxes, personal income tax, and corporation tax.
Convenient Business Setup
Physically presence in the UAE is not needed, through services of Department of Economic Development Express Service and Single Window Service
Modern Infrastructure & Facilities
Provides scalable and adaptable corporate spaces, such as industrial plots, staff housing, warehouses, and flex workstations.
Low Capital Requirements
AED 10,000 and AED 15,000 are the minimum capital requirements for industrial operations.
Types of Business Licenses Available in RAKEZ Freezone
When forming a company in RAKEZ Freezone, selecting the appropriate business license is essential. Here are the types of licenses available for RAKEZ Freezone company formation:
RAKEZ Freezone Company Formation Process
Frequently Asked Questions
The cost of setting up a company in RAKEZ Freezone generally ranges from AED 15,000 to AED 30,000, depending on the business activity and structure.
Yes, RAKEZ Freezone allows 100% foreign ownership for most business activities.
The company setup process in RAKEZ Freezone typically takes between 3 to 5 business days.
Yes, RAKEZ Freezone companies can sponsor visas for their employees and investors, subject to the office space and business requirements.