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Ras Al Khaimah Economic Zone

RAKEZ company formation — the all-rounder RAK free zone

RAKEFZ is the only all-in-one agent that covers every RAK jurisdiction. For operational businesses, freelancers, traders and SMEs,RAKEZ offers 100% foreign ownership, 0% personal income tax, fast licensing and scalable office or warehouse options — all handled by your dedicated human Relationship Manager.

RAKEFZ tip: The AED 6,000 RAKEZ Biz Starter package issues a licence in 24 hours. If you need a visa, budget AED 12,010 for a one-visa package, which is still among the lowest UAE free-zone costs.

Start your RAKEZ setup →View cost guide

What is RAKEZ?

RAKEZ is Ras Al Khaimah’s flagship economic zone. It combines the RAKEZ Business Zone, Academic Zone, Media Zone and industrial zones (Al Ghail, Al Hamra and Al Hulaila). Businesses choose RAKEZ for its low cost, fast setup and access to MENA, European and Asian markets.

Why set up in RAKEZ?

  • 100% foreign ownership — no local sponsor needed
  • 0% personal income tax and full profit repatriation
  • Setup in 5–7 working days, fully remote
  • 50+ licence activities and scalable facilities
  • No customs duty on re-exported goods

Legal entities and licence types in RAKEZ

Free Zone LLC (FZ-LLC)

1–50 shareholders. The most popular structure for SMEs, trading and services.

Branch of UAE / Foreign Company

Extend an existing business into RAKEZ without creating a new legal entity.

Freelancer Permit

For individual media, education and professional consultants.

POPULAR RAKEZ LICENCE TYPES
Commercial / TradingGeneral TradingService / ConsultancyE-commerceIndustrialMediaEducationalProfessionalFreelancer Permit

RAKEZ setup cost and timeline

Government fee from
AED 6,000
Biz Starter, billed at cost
Package with 1 visa from
AED 12,010
Approx. all-in market rate
Typical setup time
1–5 days
24h Biz Starter option

Total first-year cost depends on the number of visas, office type and add-ons. Use the RAKEFZ wizard for an instant all-in quote, or read the full RAK company formation cost guide.

RAKEZ zones and facilities

Each RAKEZ zone has its own facilities, licence types and price points. Choose the zone that matches your activity and scale.

Al Nakheel Business Zone

SMEs, startups and freelancers. Flexi desks, private offices, fast 24-hour licensing. From AED 6,000.

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Al Hamra Business Zone

Media, marketing, consultancy and SMEs. On-site RAKEZ service centre and cost-effective licences. From AED 6,000.

View zone

RAKEZ Media Zone

Production, broadcasting and creative firms. Flexi, office, warehouse and land options. From AED 16,500/year.

View zone

RAKEZ Academic Zone

Schools, universities and training providers. Pre-built HEP buildings, land and student visas. From AED 16,500/year.

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Al Ghail Industrial Zone

Large-scale manufacturing. Land from 5,000 m², labour accommodation and 24/7 utilities. From AED 18,000.

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Al Hamra Industrial Zone

Light and heavy industry near RAK city. Warehouses up to 10,000 m² and labour housing. From AED 18,000.

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Al Hulaila Industrial Zone

Heavy industry near Saqr Port. Land, heavy-duty warehouses and on-site labour accommodation. From AED 18,000.

View zone

RAKEZ packages 2026

Package
Price
Best for
Biz Starter
AED 6,000
Fast 24h licence, no visa
1-visa package
~AED 12,010
Single founder
2-visa package
~AED 18,010
Co-founders
3-visa package
~AED 22,010
Small team
BusinessWomen
AED 6,000/year
Female founders
Industrial licence
From AED 18,000
Manufacturing

Prices reflect 2026 RAKEZ government fee schedules and market rates from authorised setup agents. RAKEFZ does not mark up government fees. See the full RAKEZ company formation guide 2026 for detailed zone comparisons, documents and timelines.

For a wider comparison including IFZA and DMCC, read our RAKEZ vs IFZA vs DMCC cost comparison 2026.

How to set up a company in RAKEZ

The exact sequence depends on your activity, shareholder structure and whether you need visas. This is the standard path RAKEFZ follows for most RAKEZ companies.

1

Choose your activity and RAKEZ sub-zone

Match your activity to the right zone — Al Nakheel or Al Hamra for SMEs, Media Zone for creatives, Academic Zone for education, Al Ghail / Al Hamra / Al Hulaila for industry. Decide whether you need a Free Zone or Non-Free Zone licence.

2

Select your legal structure

Pick FZE for a single shareholder, FZC / FZ-LLC for multiple shareholders, or a branch of an existing UAE or foreign company. Each structure changes the document set and shareholder limits.

3

Reserve a trade name and prepare documents

Submit 2–3 proposed names for approval. Gather passport copies, proof of address, a business plan and corporate documents if the shareholder is a company. RAKEFZ formats everything to RAKEZ's checklist.

4

Submit the application and pay government fees

RAKEFZ files the application, pays the licence fee and tracks the authority's review. Most standard licences are issued in 5–7 working days; the Biz Starter option can be issued in 24 hours.

5

Receive your licence and establishment card

You get the trade licence, Certificate of Incorporation (if applicable), Memorandum of Association and immigration establishment card. This activates your visa quota.

6

Apply for Emirates ID and residence visa

Entry permit → status change (if needed) → medical test → Emirates ID biometric → health insurance → visa stamping. RAKEFZ books every appointment and tracks the file.

7

Open a corporate bank account

With an active licence and Emirates ID, the authorised signatory can apply to a traditional UAE bank. Some digital banks can onboard earlier, but full AED trade finance and chequebook usually require the Emirates ID.

8

Register for corporate tax and activate compliance

All UAE companies must register with the Federal Tax Authority and maintain a valid registered address. Free-zone companies must also meet qualifying-income rules to claim 0% corporate tax benefits.

Critical dependency: a traditional UAE business bank account usually requires an authorised signatory with an Emirates ID, which in turn requires a UAE residence visa. Plan the visa process first if banking is urgent.

RAKEZ setup contingencies to plan for

Free Zone vs mainland trade

Free-zone companies cannot sell directly inside the UAE market. If local sales are central, switch to a Non-Free Zone licence, add a dual licence, or set up a separate mainland company.

Visa quota and establishment card

Your visa allocation depends on office size. A flexi desk may come with 0 or 1 visa; a physical office unlocks more. The establishment card must be issued before any visa can be processed.

Special activity approvals

Education, media, healthcare, logistics, food and regulated financial services need extra external approvals. These can add 2–4 weeks and may require a physical facility or qualified staff.

Corporate tax and substance

RAKEZ free-zone companies can access a 0% corporate tax rate only on qualifying income. You must maintain substance in RAK and file annual corporate tax returns.

Bank account rejection triggers

Banks can decline accounts due to unclear source of funds, high-risk nationality, no Emirates ID, inconsistent business plan, or prior account closures. RAKEFZ pre-qualifies clients before bank introduction.

Licence renewal and penalties

RAKEZ licences are normally annual. Renewal requires a valid lease, updated insurance, and fee payment. Late renewal can trigger daily fines and suspension of visa processing.

Frequently asked questions

Start your RAKEZ company today

Choose RAKEZ, select your activity and visas, and get a live all-in quote in under two minutes. Your dedicated Relationship Manager handles the rest.

Start RAKEZ setup →