Benefits of Setting Up a Business in RAKEZ Free Zone
It is a clever idea to start a business in the UAE. However, it is also important to determine the location in the UAE. The RAKEZ Free Zone is an excellent free zone, offering flexibility, affordability, and value among all available options. In this manual, we will discuss the benefits of RAKEZ Free Zone and why it has become the first choice in 2025, as well as its inception. We are starting new adventures with smart business development in Ras al Khaimah.
About the RAKEZ Free Zone
RAKEZ is the abbreviation of Ras Al Khaimah Economic Zone. At the end of 2017, two strong organizations merged to establish the RAK Free Zone Authority, which encompasses the RAK Free Trade Zone and the RAK Investment Authority. This move was a strategic step to develop a business hub where companies of all kinds and sizes are offered assistance.
RAKEZ is situated in Ras Al Khaimah, one of the seven emirates of the United Arab Emirates (UAE). It spans 33 million square meters and is home to over 14,000 companies from more than 100 countries. With a solid infrastructure, a wide range of flexible options, and considerable global outreach, RAKEZ has achieved the status of one of the most rapidly developing free zones in the UAE.
Why Choose RAKEZ for Business
Establishing a business in the UAE? It would be a smart move to RAKEZ. It offers affordable prices, straightforward procedures, and excellent assistance. It also enables startups, as well as medium and large companies worldwide, to expand rapidly. Additionally, RAKEZ provides access to the best services and places.
1. Full Foreign Ownership
To begin with, RAKEZ provides you with total control over your business. There is no need for a local sponsor. Thus, you will be able to own and control your company fully.
2. Tax benefits
Additionally, personal and corporate taxes are absent. It has the meaning that you retain more profit. That is a significant upside for long-term growth.
3. The cost of setup is low
Additionally, it is relatively inexpensive to start a company. Rates start at AED 5,699. So, it is suitable and appropriate for use by startups and small enterprises with limited budgets.
4. Quick setup
In addition, the setup is quick and easy. If you have all the necessary papers, your company will become operational within 5 to 10 days.
5. Strategic location
In addition, RAKEZ is seated in Ras Al Khaimah. It has strong connections with Asia, Africa, and Europe. It assists in trade and business travel.
6. Plenty of business operations
In addition to it, you have a choice of more than 4,000 activities. Therefore, virtually any business idea that is legal is admired in the RAKEZ Free Zone.
7. Flexible offices
Lastly, RAKEZ is well served in terms of space options. You can begin with a flexible desk or acquire a compliant warehouse, depending on your requirements.
These are not the only RAKEZ incentives that make it convenient for investors and businesspeople to expand in a safe and welcoming business environment.
RAKEZ Business Setup Packages
RAKEZ offers a range of packages to set up businesses, catering to diverse needs. You can be a self-employed freelancer or a big enterprise, so there is something for everyone.
Freelancer Package
- 1-year license
- 1 visa
- Flexi-desk access
Startup Package
- 2-year license
- 2 visas
- Business support
SME Package
- 3-year license
- No more than 4 visas
- Private Office
Corporate Package
- 5-year license
- 4 visas or fewer, up to 6 visas
- Full installation assistance
The packages are suitable for anyone wishing to achieve business growth cost-effectively. Their package comprises a range of services, including banking, visa, and compliance services.
RAKEZ Free Zone Advantages 2025
Considering what to do in 2025 to get your own business? There are numerous good opportunities in the RAKEZ Free Zone. It is simple, cheap, and suitable for any business. So, let us have the top 10 advantages.
1. Corporate Tax 0%
To begin with, RAKEZ provides a 0% business tax. It implies that your business retains a greater amount of money. It is ideal for small and large companies that wish to expand and save.
2. No Personal Income tax
Moreover, you do not have to pay a personal tax. In that way, you keep your after-tax income high. It assists both business owners and employees residing in the United Arab Emirates.
3. No Customs Duties
In addition, there is no import or export duty for RAKEZ businesses within the free zone. So, it is economical and facilitates trade for many companies.
4. 100 Percent Business Ownership
Moreover, you can own your company entirely. There is no need for a local partner. This thing enables the complete management of business decisions and operations daily.
5. Total Profit Repatriation
Moreover, you can also remit all your earnings to your home. There are no restrictions on the quantity you can withdraw from the UAE within RAKEZ.
6. Quick Company Setup
In addition to that, RAKEZ ensures that the setup process is fast. Registration of your company can take as little as 5 to 10 working days, saving you a significant amount of time.
7. Low paperwork and renewals are easy.
Then, renewal and updating are easy with RAKEZ. This results in less paperwork and is much quicker than in other business zones.
8. New Business Incentives
RAKEZ will offer additional support to the media, education, industry, and startups in 2025. Such entrepreneurs (women entrepreneurs) are also accorded special assistance and programs.
9. Global Ease of Access
Furthermore, the location of RAKEZ will provide an opportunity to easily reach Asia, Africa, and Europe. It also helps you expand your business across international borders without the tediousness of shipping.
10. Powerful Local Business Ecosystem
Lastly, RAKEZ introduces you to the local suppliers, investors, and customers. This good network assists new businesses and helps established ones grow easily.
No matter which economy you belong to: freelancer, startup, or multinational company, the benefits of RAKEZ Free Zone enable you to develop a robust business for the future.
Steps for Company Formation in RAKEZ Free Zone
The process of establishing a business in the RAKEZ Free Zone is straightforward and transparent. It is hassle-free, economical, and investor-friendly, both locally and internationally. Furthermore, every stage is also simplified and more convenient to manage with the assistance of an expert.
Step 1: Decide on Business Activity
To begin with, choose your business activity among more than 4,000 opportunities. You may opt to trade, services, manufacturing, or media. Moreover, ensure that it aligns with your plans.
Step 2: Legal Structure decision
Then, choose the incorporation of your business. It is possible to select either a Free Zone Establishment (FZE), Free Zone Company (FZC), or a branch. They are appropriate for different types of businesses.
Step 3: Select a Name of Trade
Next, make three options for names. Please send them to RAKEZ for approval. Ensure that the names comply with the rules of the United Arab Emirates (UAE). So, it prevents waste of time at a later stage.
Step 4: Filing Documents
Once that is done, collect your papers. These are your copies of your passport, sports documents, visa documents, and business plan. It requires you to fill in an application form, as well.
Step 5: entering into the MOA and the Lease Agreement
As soon as your documents are accepted, sign the Memorandum of Association. You will also sign the lease agreement regarding your office or warehouse in RAKEZ.
Step 6: Obtain License
RAKEZ is going to issue your license shortly after signing. It normally takes place in 5-10 working days. Thus, you can begin doing it fast.
Step 7: Visa Application
In addition, make visa applications. It covers your investor visa and your employee visa. With RAKEZ, it’s a seamless journey to complete every step without any issues.
Step 8: Create a Bank Account
Lastly, RAKEZ assists you in opening a business bank account. It is significant in making payments to companies and receiving earnings. Besides, RAKEZ licenses are accepted by many banks.
All these are easy steps that are friendly to novice investors. The speeding up of the process can also be provided using PRO services in Dubai.
RAKEZ Activities and Flexibility
The flexibility and large scope of activity are among the greatest advantages of RAKEZ Free Zone. It is what is on the menu:
1. Commercial Activities
- General trading
- Import/export
- Wholesale and retail
2. Industrial Activities
- Manufacturing
- Assembly
- Warehousing
3. Service Activities
- ICT was established in 1989, and IT & consulting was built during 1988-1989
- Marketing
- HR and recruiting
4. Media Activities
- Digital Marketing
- Content creation
- Production services
5. E-commerce
- Online retail
- Dropshipping
- Subscription platforms
6. Educational
- Training centers
- E-learning platforms
- Vocational institutes
7. Freelance Activities
- Design
- Web development
- Copywriting
There are numerous licensing options available, and RAKEZ provides a wide range of business growth potential to suit any corporation.
Who Can Set Up Business in RAKEZ Free Zone
RAKEZ welcomes virtually all people who would like to conduct legal business in the UAE:
Step 1: Freelancers
Firstly, freelancers will have the opportunity to avail themselves of packages that offer flexible licenses at a low cost. So, it will facilitate the easy growth of small businesses in RAKEZ.
Step 2: Startups
Additionally, the setup price and registration are expensive and inefficient for startups. RAKEZ simplifies the process of starting a business, eliminating time wastage.
Step 4: Small businesses
Additionally, small businesses are offered services that they can expand upon. It is easy to upgrade offices, licenses, and visa options.
Step 5: Large companies
Additionally, large firms have specialized warehouses, offices, and logistics facilities. At RAKEZ, they can easily enter international markets with all the necessary support.
Step 6: Foreign investors
Moreover, 100% ownership is accorded to foreign investors. They do not require a local partner or sponsor to operate their business.
Step 7: Women entrepreneurs
Lastly, female business people are also welcome. To support female-owned businesses, RAKEZ offers tailored packages and provides comprehensive assistance in every aspect.
Are you planning to set up a business in Dubai? Or do you want to grow your business in the UAE? RAKEZ is a good choice.
PRO Is Here to Help
Starting a business in the UAE can be a straightforward task, but it involves several small steps that can be confusing and overwhelming. That is why it is a good idea to use a PRO services company in UAE. They facilitate documentation, expedite visa issuance, and ensure the renewal of trade licenses, provided the enterprise is not violating government regulations.
When considering doing business setup in Dubai or RAKEZ, one can save time and eliminate errors by hiring the services of a reputable professional representative in Dubai. These services are highly effective in helping international investors who are new to UAE regulations.
FAQs
Q1: What are the primary benefits of RAKEZ Free Zone?
To begin with, RAKEZ offers 100 percent ownership, tax, and cost savings. Besides, there are more than 4,000 business activities to choose from.
Q2: What is the time to open a company in RAKEZ?
That is usually 5-10 work days. It can, however, be done with considerable speed, provided you present all the necessary documentation to the appointed authorities at the appropriate time.
Q3: Is RAKEZ favorable to freelancers?
Yes. RAKEZ offers special freelancer packages. You obtain a flexible desk, visa opportunities, and cost-effective arrangements.
Q4 Can I open a bank account following the setup?
Yes. RAKEZ will help your company after it has been registered. Additionally, free zone companies are accepted by numerous local banks for account services.
Q5: How much is the cost of establishing a business in RAKEZ?
The minimum setup cost is AED 5,699. The actual price, however, will be determined by the type of license, visa requirements, and office space.
Q6: Which types of licenses are provided in RAKEZ?
Licenses include commercial, freelancer, service, and industrial. All the licenses are pocket-specific. In that way, choose what is best fitting your activity.
Q7: Is the RAKEZ company able to sponsor families?
Yes. Sponsorship of family members is possible when you have acquired your visa. All you have to do is qualify in terms of salary and housing.
Q8: Is there availability of office space in RAKEZ?
Absolutely. RAKEZ provides flexible desks, shared offices, and warehouses. Hence, it is convenient to get an area that suits your business.
Conclusion
Half of the work involved in opening a business is selecting the right location. The benefits of RAKEZ Free Zone extend beyond tax savings and affordable fees. It also offers comprehensive support, ease of conducting business, and growing opportunities.
Whether it’s a new business establishment or a business expansion, RAoffersZ offers a friendly setup solution that’s both smart and cost-effective. Whether it is RAKEZ Free Zone benefits in 2025 or world-class infrastructure and professional support, everything will be thoroughly checked within this free zone.
Take the first step by contacting a professional services company in the UAE. Let opportunity live in RAKEZ, and your business grow along with it.