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RAKEZ Free Zone

Business Setup

RAKEZ Free Zone business setup offers a cost-effective and strategic solution for entrepreneurs and established businesses looking to expand in the UAE. Located in Ras Al Khaimah, RAKEZ provides access to over 1,000 business activities across sectors such as manufacturing, trading, logistics, services, and media.

Ideal for startups and global corporations alike, RAKEZ allows for full foreign ownership, tax exemptions, and 100% profit repatriation, making it a preferred jurisdiction for business establishment.

The RAKEZ Free Zone license cost is competitively structured to accommodate businesses of all sizes. Whether you’re opting for a commercial, service, or industrial license, RAKEZ ensures flexibility and value, coupled with efficient setup timelines and minimal bureaucracy.

Businesses benefit from robust support services and modern infrastructure, making RAKEZ a powerful launchpad for sustainable growth within the UAE and beyond.

RAKEZ Free Zone Business Setup Advantages

Full Foreign Ownership

Operate your business with 100% ownership—no local sponsor required.

Diverse Business Activities

Access to over 700 business activities across various sectors.

Cost-Effective Setup

Affordable packages, including low-cost licenses, office spaces, and warehouses.

Free Repatriation of Profits

No restrictions on sending profits or capital abroad.

Strategic Location

Proximity to major UAE cities and easy access to seaports, highways, and international markets.

Tax Incentives

Exemption from corporate tax, personal income tax, and import/export duties.

Convenient Setup Process

Physical presence in the UAE is not mandatory. RAKEZ offers remote setup support through its Express and Single Window Services.

Modern Infrastructure & Facilities

Choose from flexible options including flexi-desks, warehouses, staff accommodation, and industrial plots.

Low Capital Requirements

Minimum capital requirements start from AED 10,000 (AED 15,000 for industrial setups).

Support for Women Entrepreneurs

Special packages tailored for women-led businesses.

Flexible Payment Plans

Pay company setup and renewal fees in interest-free installments over six months.

Simplified Banking

RAKEZ’s partnerships with local and international banks facilitate a quick and easy bank account setup.

Licenses Available in RAKEZ Free Zone

✅ Commercial License: For trading and commercial businesses.

✅ Educational License: For training centers and educational institutions.

✅ E-commerce License: For online businesses and digital sales.

✅ General Trading License: For multi-category trading businesses.

✅ Individual License: For solo professionals specializing in a particular skill or expertise.

✅ Industrial License: For manufacturing and production activities.

✅ Media License: For media-related ventures such as broadcasting and production.

✅ Service License: For consultancy and service-based operations.

✅ Freelancer Permit: For independent professionals working in approved sectors.

RAKEZ Free Zone Business Setup Process

Timeline: 4 to 8 Weeks

Step 1: Choose Business Activity and License Type

Select the desired business activity and determine the suitable license type and legal structure (e.g., FZ-LLC).

Step 2: Reserve Trade Name

Choose and register a compliant trade name for approval.
 Takes 1 to 2 days

Step 3: Submit Application for Initial Approval

Fill out the application and submit it along with the required documents.
 Takes 2 to 3 days

Step 4: Receive Initial Approval

RAKEZ will review your application and issue initial approval.
 Takes 3 to 5 days

Step 5: Prepare Legal Documents

Draft the Memorandum of Association (MoA) and any other legal paperwork using RAKEZ-provided templates.
 Takes 3 to 5 days

Step 6: Select Office Space

Choose from RAKEZ’s wide range of office solutions tailored to your business needs.
 Takes 1 to 2 days

Step 7: Payment of Fees

Pay all applicable fees, including license, facility rent, and admin charges.
 Takes 1 to 2 days

Step 8: Obtain a Business License

Receive your business license upon approval and payment completion.
 Takes 1 to 3 days

Step 9: Visa Application Process

Apply for UAE residency visas for shareholders and employees.
 Takes 2 to 4 weeks

RAKEZ Free Zone Business Setup Cost

Document TypeFZE (Free Zone EstablishmentFZC (Free Zone Company)Branch Office
Passport copies of shareholdersRequired (single shareholder)Required (multiple shareholders)Parent company’s directors/shareholders
Passport copies of managersRequiredRequiredRequired
Personal Information FormRequired for shareholder and managerRequired for shareholder and managerRequired for branch manager
Visa/Emirates ID copies (for UAE residents)Required if applicableRequired if applicableRequired if applicable
Business PlanRequired for certain activitiesRequired for certain activitiesRequired for certain activities
Board Resolution (Parent Company)Not applicableNot applicableRequired (to establish a branch)
Certificate of Incorporation (Parent Company)Not ApplicableNot ApplicableRequired
Memorandum and Articles of Association (MOA/AOAStandard MOA provided by AFZStandard MOA provided by AFZParent company’s MOA required
Shareholder ResolutionRequired for company establishmentRequired for company establishmentNot applicable
Lease AgreementRequired (for office or warehouse space)RequiredRequired
Company Name ReservationRequiredRequiredRequired
No Objection Letter (if applicable)Required for UAE residents if applicableRequired if applicableRequired if applicable
Bank Reference LetterRequired for shareholderRequired for all shareholdersNot applicable

RAKEZ Free Zone Business Setup Cost

The RAKEZ Free Zone offers a cost-effective and streamlined approach to business formation in the UAE. The license cost starts from AED 6,000, making RAKEZ one of the most affordable options for entrepreneurs and companies looking to establish a presence in a competitive market.

The RAKEZ Free Zone license cost varies based on the type of license selected and the nature of the business activity. This flexibility ensures that businesses of all sizes can find a package that suits their specific requirements.

In addition to the license cost, businesses should factor in additional expenses such as office space, which may vary depending on size, location, and facility type. Companies may also need to account for visa and permit fees, and local sponsor fees, if applicable, which contribute to the total cost of company formation in RAKEZ.

Note: The RAKEZ Free Zone business setup cost mentioned above is an estimate and may vary based on your specific business needs. To receive a detailed and accurate cost breakdown, please contact our expert consultants for personalized assistance.

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Frequently Asked Questions (FAQs)

About Outsourced Accounting & Bookkeeping

Why should I outsource my accounting and bookkeeping needs?

Outsourcing your accounting and bookkeeping tasks to professionals like Gloace Fintax Consultants offers several benefits, including cost savings, access to expertise, improved accuracy, and the ability to focus on core business activities.

How does Gloace Fintax Consultants ensure the security of my financial data?

At Gloace Fintax Consultants, we take the security of your financial data seriously. We employ stringent security measures, including encryption, firewalls, and access controls, to safeguard your data against unauthorized access or breaches.

Can Gloace Fintax Consultants customize its services to meet my specific business needs?

Yes, absolutely. We understand that every business is unique, which is why we offer tailored accounting and bookkeeping solutions to meet your specific needs and goals. Whether you need basic bookkeeping services or comprehensive financial management, we’ve got you covered.

What are the costs associated with outsourcing accounting and bookkeeping to Gloace Fintax Consultants?

The cost of our services depends on factors such as the complexity of your financial needs, the volume of transactions, and the level of support required. We offer transparent pricing and will work with you to develop a customized service package that fits your budget.

How can I get started with Gloace Fintax Consultants?

Getting started with Gloace Fintax Consultants is easy. Simply contact us to schedule a consultation with one of our experts. We’ll discuss your needs, assess your current financial situation, and develop a customized plan to help you achieve your business goals.
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