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Company Formation in RAKEZ Free Zone

We at Gryffin Capitalist can help you set up your company in RAKEZ Freezone. RAKEZ Free Zone offers many perks for the companies operating in the free zone. Set up your RAKEZ Freezone Company Today!

Here are some of the major benefits offered by the Free Zone:

  • Complete Exemption Of Corporate Tax And Income Tax
  • No Currency Restrictions
  • No Customs Duty

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<span>Company Formation in RAKEZ Free Zone </span>

Ras Al Khaimah Economic Zone (RAKEZ)

Ras Al Khaimah Economic Zone (RAKEZ) is a leading economic zone in the United Arab Emirates (UAE) that offers many benefits to businesses looking to establish themselves in the region.

With various company formation options and streamlined licensing procedures in place, RAKEZ provides a supportive environment for entrepreneurs and investors to start and expand their businesses.

Benefits Of Company Formation in RAKEZ

The registration process is quick and easy

100% ownership

Complete exemption from income and corporate taxes.

Capital and profit repatriation is guaranteed.

UAE residency and visas are issued quickly.

Labor restrictions are reduced.

Take advantage of cutting-edge infrastructure.

No currency restrictions.

No customs duty is applicable 

Excellent accessibility to the airport and seaport

Transparent legislation and regulations

Furnished offices and warehouses

Ras Al Khaimah Economic Zone (RAKEZ) is a leading economic zone in the United Arab Emirates (UAE) that offers many benefits to businesses looking to establish themselves in the region.

With various company formation options and streamlined licensing procedures in place, RAKEZ provides a supportive environment for entrepreneurs and investors to start and expand their businesses.

Business Activities In RAKEZ Freezone

You may obtain a Ras Al Khaimah business license for various business activities.
The activity list of RAKEZ is listed below:

  • Commercial
  • Service
  • Industrial
  • Media
  • Educational
  • Individual/professional E-commerce

Some activities require a company manager to have a relevant educational degree, which must be proven by a certificate attested by the UAE Embassy in the country of origin.

Typically, such activities are related to a professional service that necessitates specific qualifications, such as:

  • Accounting and Bookkeeping
  • Architectural design and consultancy
  • Aviation consultancy
  • Communication engineering consultancy and many more.

List of Four Free Zone Parks In RAKEZ Freezone

RAKEZ offers four unique free zone parks in the Ras Al Khaimah Economic Zone, each designed to cater to the specific needs of businesses in various industries. These free zone parks are:

Al Hamra Industrial Zone

The free zone park is ideal for heavy industries, manufacturing, and logistics companies that require large land areas and specialized facilities. Al Hamra Industrial Zone offers world-class infrastructure, including warehouses, workshops, and distribution centers.

Al Ghail Industrial Zone

The free zone park suits light to medium industries, such as food processing, construction materials, and packaging. Al Ghail Industrial Zone provides modern facilities, including showrooms, offices, warehouses, and access to a skilled workforce.

Al Hulaila Industrial Zone

The free zone park is focused on renewable energy, petrochemicals, and other high-tech industries that require advanced facilities and infrastructure. Al Hulaila Industrial Zone offers a range of specialized facilities, including laboratories, testing centers, and research and development (R&D) facilities.

RAKEZ Business Zone

The free zone park is designed for commercial and service-oriented businesses like trading, consulting, and media companies. RAKEZ Business Zone provides modern office spaces, conference rooms, other support services, and access to a diverse and skilled workforce.

License Types For Ras Al Khaimah Economic Zone Company Formation

RAKEZ offers a variety of business licenses to cater to the needs of different types of businesses. These include:

  • Industrial License: The license suits businesses involved in manufacturing, assembling, or production activities.
  • Commercial License: The license suits businesses engaged in trading, general contracting, and other commercial activities.
  • Service License: The license suits businesses providing consulting, IT, and other professional services.
  • Import Export License: Allows the import of raw materials, manufacturing of specific products, and exporting and packaging of finished goods to any country.

Substance Requirements For Company Formation In RAKEZ

RAKEZ has imposed substance requirements, and many activities now fall under them. Therefore, they will need to be registered under particular circumstances, such as:

  • Dedicated office space or a warehouse
  • Submission of a business plan
  • Having a company manager on a company resident visa

Documents Required

Passport copy

Visa /Entry permit Copy

Director/Shareholder passport photos

Additional documents depending upon business activity



Why Choose Gryffin Capitalist to Setup a RAKEZ Free Zone Company Formation?

For many years, our business consultants in Gryffin Capitalist have assisted investors in starting a business in RAKEZ. Hence, our advisors are happy to assist you if you require information about opening a company in RAKEZ.

Please contact us if you need help registering a company in RAKEZ! We have a variety of solutions that are appropriate for your stage of development. Contact us, and we would be delighted to assist you!

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Frequently Asked Questions (FAQs)

RAKEZ stands for Ras Al Khaimah Economic Zone, a free zone UAE that offers various business services and facilities for companies looking to set up business in the UAE.

The requirements to start up a company in RAKEZ vary depending on the type of company being formed. Generally, companies must provide proof of identity and address for shareholders and directors, as well as a business plan and financial projections.

Obtaining a business license in RAKEZ involves submitting a license application and supporting documents to the RAKEZ licensing department. The application will be reviewed, and the license will be issued if approved.

Yes, a RAKEZ company can operate outside of the free zone. However, the company must obtain additional licenses and permits from the relevant authorities to work in other parts of the UAE.

The time it takes to set up a company in RAKEZ varies depending on the type of company being formed and the completeness of the application. Generally, the process can take anywhere from a few days to weeks.