Ras Al Khaimah Economic Zone (RAKEZ) Company Formation

Incorporate your RAKEZ Free Zone company in 3 simple steps.

  • 100% confidentiality.
  • Set-up your company in the shortest time.
  • Have your dedicated account manager.
Zero Service Fee

We do not charge any service fee.

You pay same price as the free zone.

Dubai Consumer Rights
Credit Card Payments

3 Simple Steps

Just take the below steps to form a RAKEZ company.

Step 1
Step 1

Select your desired package and place the order

Step 2
Step 2

We will register your company with RAKEZ

Step 3
Step 3

You will receive your company documents to start your business

Bank Accounts

We work closely with the following banks for opening bank accounts for our clients.

Emirates NBD Mashreq Bank RAK Bank Emirates Islamic Dubai Islamic Bank Noor Bank

Pricing

Commercial / Services
1 Year Packages
Flexi Desk BC (1 year)
AED 11,440
  • No visa allocation
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 10,440 (govt. fee included)

Flexi Desk (1 year)
AED 15,868
  • One (1) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 14,868 (govt. fee included)

Flexi Office (1 year)
AED 17,948
  • Two (2) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Flexi office
  • Occupancy agreement

*Yearly Fee for second year: AED 16,948 (govt. fee included)

Serviced Office A (1 year)
AED 19,155
  • Two (2) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 18,155 (govt. fee included)

Serviced Office B (1 year)
AED 21,705
  • Four (4) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 20,705 (govt. fee included)

Executive Office (1 year)
AED 30,535
  • Six (6) visa allocation
  • License
  • Up to five (5) activities on one license**
  • Executive office
  • Occupancy agreement

*Yearly Fee for second year: AED 29,535 (govt. fee included)

Looking for options with more visa allocations?

3 Years Packages
Flexi Desk BC (3 years)
AED 26,585
  • No visa allocation
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 25,585 (govt. fee included)

Flexi Desk (3 years)
AED 37,333
  • One (1) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 36,333 (govt. fee included)

Flexi Office (3 years)
AED 42,402
  • Two (2) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Flexi office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 41,402 (govt. fee included)

Serviced Office A (3 years)
AED 45,874
  • Two (2) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 44,874 (govt. fee included)

Serviced Office B (3 years)
AED 52,175
  • Four (4) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 51,175 (govt. fee included)

Executive Office (3 years)
AED 76,105
  • Six (6) visa allocation
  • License
  • Up to five (5) activities on one license**
  • Executive office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 75,105 (govt. fee included)

Looking for options with more visa allocations?

**In case of a commercial license, five (5) activities from same group or two (2) activities from different groups can be combined in one license. In case of a services license, two (2) activities from any group can be combined in one license.

E-Commercial
1 Year Packages
Flexi Desk BC (1 year)
AED 11,440
  • No visa allocation
  • E-commercial License
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 10,440 (govt. fee included)

Flexi Desk (1 year)
AED 15,868
  • One (1) visa allocation
  • One (1) free visa
  • E-commercial License
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 14,868 (govt. fee included)

Flexi Office (1 year)
AED 17,948
  • Two (2) visa allocation
  • One (1) free visa
  • E-commercial License
  • Flexi office
  • Occupancy agreement

*Yearly Fee for second year: AED 16,948 (govt. fee included)

Serviced Office A (1 year)
AED 19,155
  • Two (2) visa allocation
  • Two (2) free visas
  • E-commercial License
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 18,155 (govt. fee included)

Serviced Office B (1 year)
AED 21,705
  • Four (4) visa allocation
  • Two (2) free visas
  • E-commercial License
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 20,705 (govt. fee included)

Executive Office (1 year)
AED 25,955
  • Six (6) visa allocation
  • Two (2) free visas
  • E-commercial License
  • Executive office
  • Occupancy agreement

*Yearly Fee for second year: AED 24,955 (govt. fee included)

Looking for options with more visa allocations?

3 Years Packages
Flexi Desk BC (3 years)
AED 26,585
  • No visa allocation
  • E-commercial License
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 25,585 (govt. fee included)

Flexi Desk (3 years)
AED 37,333
  • One (1) visa allocation
  • One (1) free visa
  • E-commercial License
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 36,333 (govt. fee included)

Flexi Office (3 years)
AED 42,402
  • Two (2) visa allocation
  • One (1) free visa
  • E-commercial License
  • Flexi office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 41,402 (govt. fee included)

Serviced Office A (3 years)
AED 45,874
  • Two (2) visa allocation
  • Two (2) free visas
  • E-commercial License
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 44,874 (govt. fee included)

Serviced Office B (3 years)
AED 52,175
  • Four (4) visa allocation
  • Two (2) free visas
  • E-commercial License
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 51,175 (govt. fee included)

Executive Office (3 years)
AED 62,674
  • Six (6) visa allocation
  • Two (2) free visas
  • E-commercial License
  • Executive office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 61,674 (govt. fee included)

Looking for options with more visa allocations?

General Trading
1 Year Packages
Serviced Office A (1 year)
AED 25,105
  • Two (2) visa allocation
  • One (1) free visa
  • General trading license
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 24,105 (govt. fee included)

Serviced Office B (1 year)
AED 27,655
  • Four (4) visa allocation
  • One (1) free visa
  • General trading license
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 26,655 (govt. fee included)

Executive Office (1 year)
AED 37,535
  • Six (6) visa allocation
  • General trading license
  • Executive office
  • Occupancy agreement

*Yearly Fee for second year: AED 36,535 (govt. fee included)

3 Years Packages
Serviced Office A (3 years)
AED 60,574
  • Two (2) visa allocation
  • One (1) free visa
  • General trading license
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 59,574 (govt. fee included)

Serviced Office B (3 years)
AED 66,875
  • Four (4) visa allocation
  • One (1) free visa
  • General trading license
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 65,875 (govt. fee included)

Executive Office (3 years)
AED 93,655
  • Six (6) visa allocation
  • General trading license
  • Executive office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 92,655 (govt. fee included)

Media License
1 Year Packages
Flexi Desk BC (1 year)
AED 8,240
  • No visa allocation
  • Media License
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 7,240 (govt. fee included)

Flexi Desk (1 year)
AED 12,668
  • One (1) visa allocation
  • One (1) free visa
  • Media License
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 11,668 (govt. fee included)

Flexi Office (1 year)
AED 14,748
  • Two (2) visa allocation
  • One (1) free visa
  • Media License
  • Flexi office
  • Occupancy agreement

*Yearly Fee for second year: AED 13,748 (govt. fee included)

Serviced Office A (1 year)
AED 15,755
  • Two (2) visa allocation
  • One (1) free visa
  • Media License
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 14,755 (govt. fee included)

Serviced Office B (1 year)
AED 18,305
  • Four (4) visa allocation
  • One (1) free visa
  • Media License
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 17,305 (govt. fee included)

Executive Office (1 year)
AED 24,185
  • Six (6) visa allocation
  • Media License
  • Executive office
  • Occupancy agreement

*Yearly Fee for second year: AED 23,185 (govt. fee included)

Looking for options with more visa allocations?

3 Years Packages
Flexi Desk BC (3 years)
AED 18,785
  • No visa allocation
  • Media License
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 17,785 (govt. fee included)

Flexi Desk (3 years)
AED 29,544
  • One (1) visa allocation
  • One (1) free visa
  • Media License
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 28,544 (govt. fee included)

Flexi Office (3 years)
AED 34,603
  • Two (2) visa allocation
  • One (1) free visa
  • Media License
  • Flexi office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 33,603 (govt. fee included)

Serviced Office A (3 years)
AED 37,475
  • Two (2) visa allocation
  • One (1) free visa
  • Media License
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 36,475 (govt. fee included)

Serviced Office B (3 years)
AED 43,755
  • Four (4) visa allocation
  • One (1) free visa
  • Media License
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 42,755 (govt. fee included)

Executive Office (3 years)
AED 59,913
  • Six (6) visa allocation
  • Media License
  • Executive office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 58,913 (govt. fee included)

Looking for options with more visa allocations?

Special Packages for Women Entrepreneurs
Standard (Commercial / Services / E-Commercial)
1 Year Packages
Flexi Desk BC (1 year)
AED 8,580
  • No visa allocation
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 7,580 (govt. fee included)

Flexi Desk (1 year)
AED 11,901
  • One (1) visa allocation
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 10,901 (govt. fee included)

Flexi Office (1 year)
AED 13,461
  • Two (2) visa allocation
  • License
  • Up to five (5) activities on one license**
  • Flexi office
  • Occupancy agreement

*Yearly Fee for second year: AED 12,461 (govt. fee included)

Serviced Office A (1 year)
AED 13,521
  • Two (2) visa allocation
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 12,521 (govt. fee included)

Serviced Office B (1 year)
AED 15,321
  • Four (4) visa allocation
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 14,321 (govt. fee included)

Executive Office (1 year)
AED 18,321
  • Six (6) visa allocation
  • License
  • Up to five (5) activities on one license**
  • Executive office
  • Occupancy agreement

*Yearly Fee for second year: AED 17,321 (govt. fee included)

Looking for options with more visa allocations?

3 Years Packages
Flexi Desk BC (3 years)
AED 22,495
  • No visa allocation
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 21,495 (govt. fee included)

Flexi Desk (3 years)
AED 31,589
  • One (1) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 30,589 (govt. fee included)

Flexi Office (3 years)
AED 35,880
  • Two (2) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Flexi office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 34,880 (govt. fee included)

Serviced Office A (3 years)
AED 36,045
  • Two (2) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 35,045 (govt. fee included)

Serviced Office B (3 years)
AED 40,995
  • Four (4) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 39,995 (govt. fee included)

Executive Office (3 years)
AED 49,245
  • Six (6) visa allocation
  • One (1) free visa
  • License
  • Up to five (5) activities on one license**
  • Executive office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 48,245 (govt. fee included)

Looking for options with more visa allocations?

**In case of a commercial license, five (5) activities from same group or two (2) activities from different groups can be combined in one license. In case of a services license, two (2) activities from any group can be combined in one license.

General Trading
1 Year Packages
Serviced Office A (1 year)
AED 17,721
  • Two (2) visa allocation
  • General trading license
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 16,721 (govt. fee included)

Serviced Office B (1 year)
AED 19,521
  • Four (4) visa allocation
  • General trading license
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 18,521 (govt. fee included)

Executive Office (1 year)
AED 22,521
  • Six (6) visa allocation
  • General trading license
  • Executive office
  • Occupancy agreement

*Yearly Fee for second year: AED 21,521 (govt. fee included)

3 Years Packages
Serviced Office A (3 years)
AED 47,595
  • Two (2) visa allocation
  • One (1) free visa
  • General trading license
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 46,595 (govt. fee included)

Serviced Office B (3 years)
AED 52,555
  • Four (4) visa allocation
  • One (1) free visa
  • General trading license
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 51,555 (govt. fee included)

Executive Office (3 years)
AED 60,795
  • Six (6) visa allocation
  • One (1) free visa
  • General trading license
  • Executive office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 59,795 (govt. fee included)

Media License
1 Year Packages
Flexi Desk BC (1 year)
AED 6,180
  • No visa allocation
  • Media License
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 5,180 (govt. fee included)

Flexi Desk (1 year)
AED 9,501
  • One (1) visa allocation
  • Media License
  • Flexi desk
  • Occupancy agreement

*Yearly Fee for second year: AED 8,501 (govt. fee included)

Flexi Office (1 year)
AED 11,061
  • Two (2) visa allocation
  • Media License
  • Flexi office
  • Occupancy agreement

*Yearly Fee for second year: AED 10,061 (govt. fee included)

Serviced Office A (1 year)
AED 11,121
  • Two (2) visa allocation
  • Media License
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 10,121 (govt. fee included)

Serviced Office B (1 year)
AED 12,921
  • Four (4) visa allocation
  • Media License
  • Serviced office
  • Occupancy agreement

*Yearly Fee for second year: AED 11,921 (govt. fee included)

Executive Office (1 year)
AED 14,511
  • Six (6) visa allocation
  • Media License
  • Executive office
  • Occupancy agreement

*Yearly Fee for second year: AED 13,511 (govt. fee included)

Looking for options with more visa allocations?

3 Years Packages
Flexi Desk BC (3 years)
AED 15,895
  • No visa allocation
  • Media License
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 14,895 (govt. fee included)

Flexi Desk (3 years)
AED 24,990
  • One (1) visa allocation
  • One (1) free visa
  • Media License
  • Flexi desk
  • Occupancy agreement

*3 year fee payable in fourth year: AED 23,990 (govt. fee included)

Flexi Office (3 years)
AED 29,280
  • Two (2) visa allocation
  • One (1) free visa
  • Media License
  • Flexi office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 28,280 (govt. fee included)

Serviced Office A (3 years)
AED 29,445
  • Two (2) visa allocation
  • One (1) free visa
  • Media License
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 28,445 (govt. fee included)

Serviced Office B (3 years)
AED 34,395
  • Four (4) visa allocation
  • One (1) free visa
  • Media License
  • Serviced office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 33,395 (govt. fee included)

Executive Office (3 years)
AED 38,767
  • Six (6) visa allocation
  • One (1) free visa
  • Media License
  • Executive office
  • Occupancy agreement

*3 year fee payable in fourth year: AED 37,767 (govt. fee included)

Looking for options with more visa allocations?

Requirements for Women Entrepreneurs Packages:

  • Packages are only applicable to new clients opting for shared workstation / office space with a free zone license.
  • The company must be 100% women owned.
  • Packages are applicable to the primary license and facility. Additional license and facility will be offered at standard rates.
  • Packages are applicable for upgrading and downgrading of packages only if the eligibility remains intact.
  • Packages do not apply to special activities.
  • In case of ownership change request after issuance of license to include a male shareholder is made, then standard pricing will be applicable on a prorated basis for the remaining period and for subsequent renewals.

Additional Fees Applicable for RAKEZ Visa Packages:

  • AED 100 is additionally payable for each shareholder of a company (Pre-approval fee)
  • AED 500 is additionally payable as a facility deposit for a serviced Office A
  • AED 650 is additionally payable as a facility deposit for a serviced Office B
  • AED 900 is additionally payable as a facility deposit for an executive office
  • E-channel registration: AED 2,200
  • Emirates ID: AED 370
  • Visa status change: AED 885
  • Investor visa (3 years) cost: AED 3,950
  • Employee visa (2 years) cost: AED 2,970
  • Medical check-up: AED 300

Office Space for a RAKEZ company

It is mandatory for a RAKEZ company to own an office space. RAKEZ offers flexi desks, flexi offices, unfurnished offices, and serviced offices as options for office spaces.

Flexi desks and flexi offices: The most popular options are flexi desk and flexi offices. A flexi desk is a shared workstation, and a flexi office is a shared office, and both are located on the RAKEZ premises. The flexi desk and flexi office include shared fax services, telephone lines, personal computers, private e-mail address. One (1) visa is allocated for a flexi desk and up to two (2) visas are allocated for a flexi office.

Serviced offices: Serviced offices are dedicated workspace in an enclose office. These offices are a better fit for small to medium companies, who are looking for ready to move in workplaces. Serviced offices are only available for some licenses namely: commercial, services, educational, e-commerce, general trading, individual, media and professional. Serviced offices will come with dedicated signboards, car parking, full time security, postal address, business centre services, housekeeping services etc. Serviced offices can be leased for one to five (1 – 5) years. After getting the serviced office space, a company will be eligible for visas. Up to four (4) visas are allocated for serviced offices.

Executive office: These are also small to medium size offices that cater specifically to companies with commercial, services and general trading license. The office size ranges between twelve (12) square meters to twenty (20) square meters. The additional benefits of executive offices include twenty-four (24) hour security, housekeeping services, access to business and service centres, private postal address etc. Up to six (6) visas are allocated for an executive office.

All our pricing packages are inclusive of the fees of office spaces.

Process

Unsure about way forward? Scroll down to understand the steps to set up a RAKEZ company

1

Step 1 - Order a company formation package by filling the form on our website.

Complete the form by entering simple details like proposed name of the company, details of shareholders, proposed activity etc.

2

Step 2 - We will submit your application with RAKEZ.

After collecting the necessary documents from you, we will apply for incorporation of your company with the RAKEZ

3

Step 3 - RAKEZ will issue the incorporation documents.

RAKEZ will register your company and grant a business license along with other incorporation documents.

About RAKEZ

Ras Al Khaimah Economic Zone or RAKEZ is a consolidation of two free zones namely; RAK Free Zone and RAK Investment Authority. RAKEZ is located in the emirate Ras Al Khaimah, United Arab Emirates. Business set ups are known to flourish in Ras Al Khaimah mainly due to the economic security and steadiness that the city offers. RAKEZ companies are a live example of this. The customizable company set up options of RAKEZ and the ‘round the clock’ connectivity of Ras Al Khaimah through its seaports, airport and highways makes it a perfect landing spot for any company. That is why RAKEZ is the preferred free zone for many freelancers, small and medium enterprises, multinational enterprises and large industries.

The Benefits of Incorporating a RAKEZ Company

RAKEZ benefits its companies in the following ways:

  • Ras Al Khaimah Economic Zone permits more than four thousand (4,000) business activities.
  • RAKEZ companies are an affordable company set up option.
  • Both free zone and non-free zone options are available.
  • Form a company without visiting the UAE.
  • Minimum documents are required to set up a company.
  • Ras Al Khaimah Economic Zone has dedicated zones for industrial, academic, and business activities.
  • Ras Al Khaimah Economic Zone processes for company incorporation are time efficient.
  • Ras Al Khaimah Economic Zone offers special licenses for freelancers.
  • RAKEZ has special packages for women entrepreneurs.
  • Minimum capital requirement of AED 10,000 (for industrial activity – AED 15,000).
  • Pay for your company registration and company renewals in interest free instalments lasting up to six (6) months.
  • One RAKEZ company can carry out several business activities on multiple licenses.
  • 100 % repatriation of profits and capital.
  • Zero (0) tax (personal or corporate)
  • Ready to move in flexi desk, flexi office and dedicated office options are available for RAKEZ companies.
  • Warehousing and storage facilities options are also provided.
  • Ras Al Khaimah Economic Zone offers land for development that may benefit manufacturing, logistical and service industry projects.
  • Provision for on-site staff and labour accommodation.
  • RAKEZ facilitates easy company operation.
  • Ras Al Khaimah Economic Zone offers business centres and secretarial services.
  • Find access to all government services under the same roof.
  • Multiple alternatives for investor and employee visas.
  • Opportunity to do business with more than fourteen thousand (14,000) companies from fifty (50) different countries that are already set up with the RAKEZ.
  • The strategic partnership of RAKEZ with banks fast tracks the bank account opening process. This also eases the operation of bank accounts.
  • Investors and employees of Ras Al Khaimah Economic Zone companies can sponsor their families.
  • Investor visa granted to investors of RAKEZ companies allows freedom to travel to Gulf Cooperation Countries.

Types of RAKEZ Companies

The legal forms of RAKEZ companies depend on whether they are incorporated in the free zone areas or non-free zone areas of Ras Al Khaimah Economic Zone. A free zone company can have 100 % foreign ownership. A non-free zone company is set up in association with a UAE local partner and is subject to UAE labour laws. The details of different legal forms of RAKEZ companies are tabulated below:

Zone Legal form Number of shareholders Features
RAKEZ free zone Free zone limited liability company (FZ-LLC) One to fifty (1 – 50)
  • Zero corporate tax
  • Zero income tax
  • Zero custom duty
  • Zero re-exported tax
  • Freedom to source labour
  • 100 % foreign ownership
  • Access to local market of Ras Al Khaimah
RAKEZ non-free zone Individual establishment One (1)
  • Zero corporate tax
  • Zero income tax
  • Sell directly in the local market
  • Zero custom duty on sales in markets of UAE and Gulf Co-operation Countries.
RAKEZ non-free zone Limited liability company (LLC) Two to fifty (2 – 50)
RAKEZ non-free zone Branches of companies incorporated inside or outside of the UAE. N/A

Types of Licenses for RAKEZ Companies

The below-listed license options are available for any RAKEZ company:

  • Commercial
  • Educational
  • E-commerce
  • General trading
  • Individual
  • Industrial
  • Media
  • Professional
  • Service
  • Freelance

The commercial and industrial licenses allow a company to function in both the RAKEZ free zone and non-free zone area. The professional license is granted for both free zone and non-free zone areas, based on the nature of the professional activity.

Documents Required for a RAKEZ Company

The following documents are required to form a company with Ras Al Khaimah Economic Zone:

  • Coloured passport copy / emirates ID (for UAE residents).
  • Visa copy and entry stamp (if the person is in the UAE).
  • Original no objection certificate for general manager (for UAE residents).
  • Business plan.
  • Shareholders resolution resolving establishment of RAKEZ company and appointment of general manager (for corporate shareholder).
  • Trade license / certificate of registration of existing business (for corporate shareholder).
  • Memorandum and articles of association (for corporate shareholder).
  • Certificates of good standing or certificate of incumbency (for corporate shareholder).

Help Me Choose a Right Office for My RAKEZ Company!

Can’t find a worthy office for your RAKEZ company? Help us help you by reading this article.

Well, it is mandatory to lease an office space for your RAKEZ company. Multiple office options can be scanned and analysed before you finally settle on an office that is suitable for your RAKEZ company, and at the same time does not burn a hole in your pocket.

A certain number of fixed visas are allocated for each office options. Therefore, the first and the foremost parameter that one should consider while finalising an office space is the number of visas, they hope to obtain on their RAKEZ company. Having put a pin on this, one should move on to considerations such as space, flexibility, privacy and additional facilities. One should also be mindful that the nature of an office space depends on type of the RAKEZ company license and not all office options are available for all licenses. To ease your decision, we have categorised below different office options that you can choose from to set up an ideal office for your RAKEZ company:

Flexi Desk:

This is an affordable workstation mostly for any business that is just starting and does not intend on getting multiple visas. It is also an attractive option for freelancers operating solo. With a flexi desk you can get up to (1) visa. RAKEZ offers two (2) flexi desk options being: ‘Felxi Desk BC’ and ‘Flexi Desk’, and the visa allocation for each flexi desk option is different. Zero (0) visa are allocated with ‘Flexi Desk BC’ while you can apply for one (1) visa if you choose a ‘Flexi Desk’. Companies with commercial, services and freelancer permits can choose this option.

Flexi Office:

A felxi office is a shared office in a large co-working space. Up to two (2) visas are allocated if you opt for a flexi office for your RAKEZ company. One also gets access to facilities such as meeting rooms, event spaces, cafes etc. The additional benefits of a flexi office include unlimited usage of open workspace, free usage of lockers and free access to RAKEZ hosted events. Flexi offices only cater to freelancers or companies with license types: commercial or services.

Serviced Office:

A suitable option for small companies looking to lease a dedicated workspace for their staff. Your staff will be given a dedicated workspace in an enclosed office. They will be sharing the room with other like-minded companies. A serviced office comes with up to four (4) visa allocations. Depending upon the visa allocations and size of the office, serviced offices are categorised into ‘Serviced Office A’ and ‘Serviced Office B’. Up to two (2) visas are allocated for ‘Serviced Office A’ and up to (4) visas are allocated for ‘Serviced Office B’. You also get a dedicated signboard of your RAKEZ company’s name at the office entrance. Serviced offices can be opted by companies having commercial, services, educational, e-commerce, general trading, professional and media license.

Executive Office: If you require up to (6) visas, a private office space in a developed facility, and a bigger space for your staff and clients then choose an executive office. Please be mindful that the executive office is only given to companies having commercial, services or general trading license. The executive office is a desirable fit for small to medium sized companies. RAKEZ also offers furniture for an executive office at an additional cost.

The fee for any office can either be paid annually or in a consolidated manner for three (3) years. Click here to see our RAKEZ company formation packages that are inclusive of the office cost. If you are still unable to decide an office space that is right for you, then contact us. Our consultants will help you finalise and apply for a suitable office that will aid the operation and growth of your RAKEZ company.

Become a Successful Female Entrepreneur with RAKEZ

Being a female in a middle eastern country such as the United Arab Emirates has its perks. With the evolution of gender equality, women these days have all the advantage at the palm of their hands. Women have been successful in reaching their dreams of being a girl boss by starting flourishing businesses in the UAE.

In August 2019, Ras Al Khaimah Economic Zone, which is mostly known as RAKEZ pledged to take the idea of women empowerment forward by launching a special businesswomen package. Interestingly, RAK EZ launched these packages on the Emirati Women’s Day. The specially designed packages include exclusive deals for women, who want to step up their game in the business industry by incorporating their very own company. The packages for women allow company formation at subsidized rates and in installments.

The businesswomen packages include all the benefits of a RAKEZ company formation. Women setting up companies under the businesswomen packages will be benefitted in the following ways:

1. Company Set-up at a Low Cost

Women can set up their dream company with RAKEZ at a very affordable cost starting from AED 6,280. Under these packages, women can also use an office desk for an unlimited time for three (3) months. Normally with other free zones, the flexi desk usage is limited.

2. Pay in Instalments

Another great benefit with these packages is that women can pay for the company set up in installment, and as per their convenience. RAKEZ has several instalments plans for payment staring from three (3) months onwards.

3. Zero Balance Bank Account Exclusively for the RAKEZ Businesswomen Package

RAKEZ only gives this offer exclusively to women. This is a huge advantage from a businesswoman’s perspective. Women can open a zero-balance business account for their company with RAK bank. The bank account can be opened in multiple currency denominations. This account can be opened without going through the hassle of going back and forth with a bank for their approvals.

4. Priority Ticket at One Stop Shop (OSS) Centers of RAKEZ

Patience is indeed a virtue, but when you are offered a priority ticket at a RAKEZ one stop shop center, it is certainly something you cannot pass on. The service requests of women are taken on a high priority basis. Again, this advantage is also exclusively for owners of companies formed under the RAKEZ businesswomen package.

5. Business Card Printing Free of Charge

Depending on the specific pack you opt for under the businesswomen packages, women will have the advantage of free printing of their business cards (in any design they wish for!).

We know that by this time you are quite impressed with the benefits of the businesswomen package. Here is what you need to additionally know to form a company using the businesswomen packages:

  1. Packages are only applicable to new clients opting for shared workstation / office space with a free zone license.
  2. A company can only be formed under these packages if it is fully owned by women. Women are required to have 100% ownership of the company.
  3. Women can choose the following type of licenses for their RAKEZ company:
    • Commercial license
    • Educational license
    • E-commerce license
    • Media license
    • Professional license
    • General trading license
    • Services license
  4. Packages can be upgraded and downgraded if the eligibility remains intact.
  5. The renewal cost for the second year would be AED 1,000 lesser than the company set-up cost.
  6. Women entrepreneurs can have zero to six (0 to 6) visas with their RAKEZ company.
  7. There are various office spaces that women would wish to lease for their RAKEZ company. The following options are available:
    • Flexi Desk
    • Flexi Office
    • Service Office
    • Executive Office

If you wish to know more about the options for workspace then click here.

If you require more information about all these packages, give us a call or leave an enquiry on our website. If you wish to start your own business, then click the order button to form your RAKEZ company.  We would be happy to help you.

Key Features

Here are the benefits of RAKEZ companies

Most amount of business activities Do more than four thousand (4,000) business activities.
Do business in free zone and non-free zone RAKEZ provides company solutions for both free zones and non-free zones
Women empowerment RAKEZ supports women by offering special pricing for them.
Minimum share capital Form a company with just a share capital of AED 10,000.
Special economic zones RAKEZ has special industrial, academic, and business activity zones.
Freelancers can operate in RAKEZ RAKEZ has dedicated licenses for freelancers
Flexible payment options Payment for license renewals can be done annually or after three years. Interest free instalment options for company formation and license renewals are also available.
All inclusive You pay one amount for your RAKEZ company, its office space, and visa allocations.
Most amount of business activities
Do more than four thousand (4,000) business activities.
Do business in free zone and non-free zone
RAKEZ provides company solutions for both free zones and non-free zones
Women empowerment
RAKEZ supports women by offering special pricing for them.
Minimum share capital
Form a company with just a share capital of AED 10,000.
Special economic zones
RAKEZ has special industrial, academic, and business activity zones.
Freelancers can operate in RAKEZ
RAKEZ has dedicated licenses for freelancers
Flexible payment options
Payment for license renewals can be done annually or after three years. Interest free instalment options for company formation and license renewals are also available.
All inclusive
You pay one amount for your RAKEZ company, its office space, and visa allocations.

Government Departments

We can help you with the processes in the following government departments.

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