Your Guide to Setup in RAKEZ Ras Al Khaimah Free Zone

28 Mar Your Guide to Setup in RAKEZ Ras Al Khaimah Free Zone

Starting or expanding a business can present numerous challenges, but RAKEZ Ras Al Khaimah provides an ideal opportunity for business owners. This guide outlines all of RAKEZ’s benefits and services so your journey runs more smoothly from start to finish.

Overview of RAKEZ Ras Al Khaimah Free Zone

Ras Al Khaimah Economic Zone (RAKEZ), situated at the center of Ras Al Khaimah emirate in the United Arab Emirates, is an innovative business hub and premier industrial complex.

As a leading business licensing authority, RAKEZ offers customizable solutions tailored to support the formation and expansion of free-zone and non-free-zone companies. This is all within its vibrant multinational community of over 21,000 companies operating across more than 50 sectors.

The Government of Ras Al Khaimah established RAKEZ to serve as one of the region’s premier economic zones, supporting startups, entrepreneurs, SMEs, and industrialists alike. Offering comprehensive business setup services, including licenses to operate within UAE borders, visa services for residence visa applications, and customizable facilities, RAKEZ stands out in the UAE.

Key Advantages of RAKEZ Dubai 

The advantages of establishing your enterprise in RAKEZ are numerous and compelling. Including:

• 100% foreign ownership, allowing complete control of your business.
• Cost-effective business packages, with instant business license options 
• Shared workstations in a premier business center, ideal for entrepreneurs and small businesses.
• A variety of office spaces, ready or customizable, to suit different business sizes and needs.
• Simplified and fast-track business setup processes for a swift start to your operations.
• Access to secretarial and business center services, supporting your daily business needs.

RAKEZ Ras Al Khaimah Economic Zone Activites

RAKEZ provides startups, established companies, and entrepreneurs with a Dual License option, enabling a combination of commercial and professional activities under one license. This is available for both free and non-free zones.

Alongside this, they also offer the following license types:

• Commercial License: For trading in services and goods.
• Educational License: For opening an education-related institution or consultancy.
• E-Commerce License: For trading in goods and services online.
• General Trading License: For trading in multiple, assorted goods.
• Individual / Professional License: For sole proprietors with expertise in a specific field.
• Industrial License: For manufacturing, importing, packaging, and exporting products.
• Media License: For operating businesses related to media activities.
• Service License: For conducting services or consultancies across various industries.
• Freelancer Permit: Specifically for professionals in media, education, IT, and analysis sectors.

RAKEZ Ras Al Khaimah Zones

RAKEZ features a selection of specialized zones tailored to meet the needs of diverse businesses, including:

Al Hamra Industrial Zone

Al Hamra Industrial Zone is a modern magnate for light industries as well as heavy industry projects. The zone offers: 

• Customizable facility options to meet specific operational requirements.
• Strategic location with seamless connectivity to major transportation routes.
• A supportive business environment with essential services and amenities.

Al Hulaila Industrial Zone

Al Hulaila Industrial Zone is designed for businesses with heavier industrial requirements, providing access to state-of-the-art warehouses and on-site staff and labor accommodations. It offers:

• Tailor-made facility solutions to cater to unique business processes.
• Prime location with excellent access to key logistical networks.
• Easy connection with utility and communication providers, ensuring uninterrupted operations.

RAKEZ Academic Zone

The RAKEZ Academic Zone is a specialized area within the Ras Al Khaimah Economic Zone that caters to educational institutions with the following advantages:

• They are specifically designed for education providers to foster a concentrated educational environment.
• Offers pre-built facilities suitable for startup higher education institutions.
• Provides land for the development of K-12 schools or universities with bespoke infrastructure.

Al Nakheel Business Zone

Al Nakheel Business Zone is a vibrant area within the RAKEZ ecosystem, tailored to meet the needs of startups, entrepreneurs, freelancers, and small to medium-sized enterprises (SMEs). This zone offers:

• Shared workstations and offices in modern business centers are perfect for flexible workspace solutions.
• Proximity to Dubai International Airport, offering global connectivity for businesses.
• Advanced IT and telecommunications infrastructure to support commercial, service, and consultancy businesses.

Setting Up Your Business in RAKEZ

Starting your entrepreneurial journey in RAKEZ with Business Setup Consultants DMCC is a seamless process. Here’s how we simplify it for you:

1. We guide you in defining your business activities to fit RAKEZ’s sector variety.
2. Our team will assist in choosing a trade name that meets UAE’s regulations.
3. We’ll manage all required paperwork, including passport and visa copies, a No Objection Certificate if necessary, and a detailed business plan.

Once your application is submitted, we’ll expedite the licensing and registration, including a letter for opening a bank account. If visas are part of your business package, we’ll streamline that process, too.

Our approach to setting up your business in RAKEZ is designed to be smooth and efficient, making it a simpler experience than in other zones or mainland company formations in the UAE.

Required Documents

To initiate your business journey in RAKEZ Dubai, you’ll need to gather the following documents:

• For individual shareholders, directors, or managers:
  • Colored passport copies.
  • Visa copies and entry stamps (if residing in the UAE).
  • No Objection Certificate (NOC) from the current employer (for UAE residents).
  • Original NOC for the appointed general manager.
• For corporate shareholders:
  • Board resolution to establish the RAKEZ company.
  • Trade license or certificate of registration.
  • Memorandum and articles of association.
  • Certificates of good standing or incumbency.

Need Help Setting Up in RAKEZ Ras Al Khaimah?

Starting a business in a foreign country can be daunting, but setting up in RAKEZ Ras Al Khaimah becomes manageable with our assistance. Our expertise will ensure an efficient setup process for your RAKEZ Ras Al Khaimah venture.

We provide detailed assistance in selecting the right license for your business, preparing all required documents, and smoothly navigating the application stages. Partner with us for a seamless journey towards establishing your presence in RAKEZ.

FAQs