What is RAKEZ Free Zone in the UAE?

RAKEZ is a leading economic zone in Ras Al Khaimah offering free zone and non-free zone company formation. It supports startups, SMEs, and industrial businesses with affordable licenses, flexible facilities, 100 percent foreign ownership, and access to UAE and global markets.

How much does it cost to set up a company in RAKEZ?

RAKEZ company setup costs typically start from around AED 8,200. The final cost depends on the license type, business activities, office or warehouse requirements, and the number of UAE residence visas included in the package.

How long does RAKEZ company formation take?

RAKEZ license issuance usually takes 7 to 10 working days. The complete process, including visa processing and corporate bank account opening, generally takes between 4 and 6 weeks, depending on approvals and documentation readiness.

Can foreigners own 100 percent of a RAKEZ company?

Yes, RAKEZ allows 100 percent foreign ownership for free zone companies. Investors also benefit from full profit and capital repatriation, zero personal income tax, and a business friendly regulatory environment within the UAE.

What business licenses are available in RAKEZ?

RAKEZ offers commercial, professional, general trading, e-commerce, industrial, service, media, education, and freelance licenses. With over 4,000 approved activities, it supports diverse business models across trading, services, manufacturing, and digital sectors.

Is a physical office mandatory in RAKEZ?

RAKEZ offers flexible facility options including flexi desks, co-working spaces, offices, warehouses, and industrial land. The requirement for a physical space depends on your license type, visa quota, and nature of business activities.

Can I get a UAE residence visa through RAKEZ?

Yes, RAKEZ company licenses allow investors and employees to apply for UAE residence visas. The number of visas available depends on the selected license package and office or warehouse facility chosen during setup.

Can I open a corporate bank account with a RAKEZ license?

Yes, once your RAKEZ license is issued, you can apply for a UAE corporate bank account. RAKEZ provides a bank letter, while final approval depends on bank compliance, shareholder profile, and business activity.

Is RAKEZ suitable for manufacturing and industrial businesses?

Yes, RAKEZ is ideal for manufacturing and industrial companies. It offers dedicated industrial zones, warehouses, land plots, utilities, and cost efficient infrastructure suitable for light and heavy manufacturing operations in the UAE.

Why should I use a consultant for RAKEZ company setup?

Using an experienced consultant ensures correct license selection, faster approvals, compliance with UAE regulations, cost optimization, and end to end management of licensing, visas, and bank account opening, reducing delays and operational risks.

RAKEZ Free Zone Company Formation – Fast, Cost-Effective, and Fully Compliant

Set up your business in Ras Al Khaimah Economic Zone (RAKEZ) with iNNOVEX, your trusted UAE business consultant. Benefit from 100% foreign ownership, zero corporate taxes, and flexible licensing options. From startups to SMEs and industrial projects, we provide complete RAKEZ company formation support, including licenses, visas, office solutions, and bank account setup, all handled professionally, hassle free, and within your budget.

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RAKEZ Free Zone Company Formation

Ras Al Khaimah Economic Zone, commonly known as RAKEZ, is a major business and investment authority established under the leadership of His Highness Sheikh Saud bin Saqr Al Qasimi, Ruler of Ras Al Khaimah and Member of the UAE Supreme Council.

RAKEZ was formed to unify the operations of RAK Investment Authority and Ras Al Khaimah Free Trade Zone, creating a single, efficient platform for company formation and business growth in the UAE.

Today, RAKEZ Free Zone is one of the largest economic zones in the region, covering approximately 33 million square meters and supporting thousands of active companies from over 100 countries. Businesses in RAKEZ operate across more than 50 industry sectors, making it a flexible and future ready choice for investors.

Why RAKEZ Free Zone attracts global businesses

100 percent foreign ownership with full control of the business
Affordable company setup compared to many UAE free zones
Wide selection of licenses for trading, services, manufacturing, and ecommerce
Modern offices, warehouses, and industrial facilities
Simple registration and renewal process
Strong connectivity to UAE and international markets
Ideal for startups, growing companies, and established enterprises

RAKEZ continues the strong economic foundation established by RAK Investment Authority in 2005 and Ras Al Khaimah Free Trade Zone in 2000. The free zone offers a modern business environment focused on scalability, compliance, and long term success.

With its cost effective licensing, investor friendly regulations, and strategic UAE location, RAKEZ Free Zone enables entrepreneurs and international businesses to set up and operate with confidence.

About RAKEZ Free Zone

Ras Al Khaimah Economic Zone, or RAKEZ, is a leading business and economic hub in Ras Al Khaimah, UAE. Spanning around 33 million square meters, it is one of the largest and most dynamic free zones in the region, supporting a vibrant international business community.

RAKEZ is home to over 18,000 companies from more than 100 countries, covering 50 plus industry sectors. From innovative startups and growing SMEs to large manufacturing enterprises, RAKEZ provides a business friendly environment that suits companies of all sizes. Its combination of cost effective solutions, world class infrastructure, and tailored licensing packages makes it a top choice for company formation in the UAE.

RAKEZ supports both free zone and non free zone setups, allowing businesses to select the structure that best matches their goals. Its six specialized zones are designed to serve different sectors and operational requirements, including commercial, industrial, and professional activities. This sector based organization ensures companies operate efficiently within a space built for their industry.

At iNNOVEX, we guide investors and entrepreneurs through every step of RAKEZ company formation, helping them choose the right zone, license, and facilities. Our goal is to make business setup simple, transparent, and fully aligned with your growth objectives.

Other UAE Free Zones

RAKEZ - Free Zone
DMCC - Free Zone
DIFC Free Zone
Sharjah Media City - Free Zone
Masdar City Free Zone
SRTIP Free Zone
Ajman Media City - Free Zone
Meydan - Free Zone
Sharjah Publishing City - Free Zone
DWTC - Free Zone
JAFZA - Free Zone
IFZA DSO - Free Zone
SAIF Zone - Free Zone
Fujairah Creative City - Free Zone

Benefits of Business Setup in RAKEZ Free Zone

Setting up your company in RAKEZ Free Zone offers a wide range of advantages for investors, entrepreneurs, and businesses looking for a strategic base in the UAE. At iNNOVEX, we guide clients to make the most of these benefits, ensuring a smooth, transparent, and growth-oriented company formation experience.

Key Benefits for RAKEZ Companies

100 percent ownership and profit repatriation: Retain full control of your business and transfer profits freely.
Extensive business activity options: RAKEZ authorizes thousands of business activities, covering commercial, industrial, professional, and service sectors.
Cost effective setup: Flexible packages designed to suit startups, SMEs, and large enterprises without compromising quality.
Free zone and non free zone options: Choose the structure that best fits your business goals.
Remote company formation: Establish your company without the need to physically visit the UAE.
Minimal documentation: Minimal documentation
Dedicated zones: Specialized areas for industrial, academic, commercial, and professional activities.
Efficient incorporation: Streamlined procedures to get your license and start operations quickly.
Flexible capital requirements: Minimum capital requirements are reasonable, allowing companies to start operations with ease.
Multiple activities under one license: Operate various business lines from a single RAKEZ company.
Zero personal or corporate taxes: Benefit from a tax free environment.
Flexible office solutions: Options include flexi desks, dedicated offices, and warehouses.
Land for development: Perfect for manufacturing, logistics, and service industry projects.
On-site staff and labor accommodations: Convenient options for business operations.
Access to a multinational network: Connect with over 18,000 companies from more than 50 countries.
Investor and family visas: Secure visas for business owners and their families, with freedom to travel within the Gulf Cooperation Council.
Bank account assistance: Access to UAE commercial banks is facilitated for RAKEZ companies.

These benefits make RAKEZ Free Zone an ideal location for businesses seeking growth, flexibility, and long term stability in the UAE. With support from iNNOVEX, investors can navigate the licensing process efficiently while maximizing the advantages RAKEZ offers.

Is RAKEZ Free Zone Right for Your Business?

Not every free zone is perfect for every business. At iNNOVEX, we provide clear guidance so you can choose the right setup for your growth.

RAKEZ Free Zone Is Ideal If You Are:

A startup, SME, or established company looking for cost-effective business formation in Ras Al Khaimah
Engaged in trading, e-commerce, consultancy, professional services, IT, or light manufacturing
An entrepreneur seeking 100 percent foreign ownership with flexible visa options
A business that values strategic location, modern offices, and fast license issuance
Planning to operate in a free zone with access to UAE markets and global connectivity
Looking to start with a flexible package and scale operations as your business grows

RAKEZ Free Zone May Not Be Ideal If:

Your business requires heavy manufacturing or large industrial facilities
You depend on high-volume warehousing or logistics operations
Your activity is primarily mainland retail with frequent walk-in customers
You need direct government or semi-government contracts immediately

Bottom Line: RAKEZ Free Zone is best suited for knowledge-based, service-oriented, trading, and light industrial businesses that want a flexible, cost-efficient, and fast UAE free zone setup with access to both local and international markets.

RAKEZ Specialized Zones

RAKEZ Free Zone is structured into specialized zones, each tailored to meet the unique requirements of different industries. These zones provide the right infrastructure, services, and operational support to help businesses grow efficiently. With guidance from iNNOVEX, investors can select the ideal zone that aligns with their business type, license, and expansion plans.

Designed for trading, service, and consultancy businesses, this zone offers modern offices, co-working spaces, and essential facilities for smooth day-to-day operations.

Supports light and medium industries, offering state-of-the-art infrastructure for both free zone and non-free zone companies. Perfect for manufacturing, assembly, and logistics projects.

Tailored for large-scale industrial manufacturing, providing ample space, utilities, and resources for production and industrial operations.

Focused on heavy industrial projects, this zone is equipped with robust infrastructure to handle large manufacturing and industrial operations efficiently.

Dedicated to educational institutions, including schools, universities, training centers, and consultancy services, offering a professional environment conducive to learning and development.

Each RAKEZ zone is purpose-built for its sector, ensuring companies can operate efficiently while minimizing setup challenges. These zones also support economic diversification, innovation, and growth in Ras Al Khaimah, making it a strategic destination for investors.

By working with iNNOVEX, you can:

Identify the most suitable zone for your business activity
Ensure compliance with RAKEZ regulations and licensing requirements
Access customized office, warehouse, or land solutions for your sector
Maximize operational efficiency and business scalability

Structuring Business Operations in RAKEZ

Choosing the right business structure in RAKEZ ensures compliance, flexibility, and access to full benefits. iNNOVEX helps investors pick the ideal setup for growth and efficiency.

Free Zone Options

Branch of a Foreign or Local Company – Expand into UAE without creating a new entity.
Free Zone Establishment (FZE) – Single shareholder, full control, minimum capital AED 100,000.
Free Zone Limited Liability Company (FZ-LLC) – 2–5 shareholders, liability protection, flexible operations.

Non-Free Zone Options

Individual Establishment – Single-owner business, direct access to UAE markets.
Limited Liability Company (LLC) – 2–50 shareholders, requires UAE partner, sufficient capital for operations.

Why It Matters

The right structure ensures tax-free profits, visa eligibility, access to RAKEZ facilities, and smooth operations in UAE markets.

Procedure for RAKEZ Free Zone Business Setup by iNNOVEX

Setting up a business in RAKEZ Free Zone is a smooth process when guided by experts. At iNNOVEX, we help investors and entrepreneurs navigate each step efficiently, ensuring compliance and timely setup.

Timeline: Approximately 4–6 weeks from company name selection to bank account opening, including license issuance and visa processing.

Step-by-Step SRTIP Company Formation

Documents Required for RAKEZ Free Zone Company Setup

Setting up a company in RAKEZ Free Zone requires a set of standard documents to ensure smooth registration. Providing accurate and complete documentation helps avoid delays and ensures compliance with UAE regulations. iNNOVEX guides investors and entrepreneurs through document preparation and submission for a hassle-free company setup.

For Individual Shareholders

If you are registering a company as a sole shareholder, the following documents are required:

Passport copy
UAE visa copy or entry stamp
Passport-size photograph
A brief business plan outlining your activities and objectives
No Objection Certificate (NOC) if applicable
Completed RAKEZ application form

These documents help verify identity, residency status, and business intent, ensuring a smooth license issuance process.

For Corporate Shareholders

For companies investing as shareholders, additional corporate documents are required:

Notarized and attested copy of the parent company’s Trade License
Notarized and attested Memorandum and Articles of Association
Board Resolution approving the investment
Notarized and attested copy of the Certificate of Incorporation
Notarized and attested Power of Attorney for the authorized signatory
Passport copy of the authorized signatory

These documents establish corporate legitimacy and ensure compliance with RAKEZ Free Zone regulations.

For Branches of Existing Foreign or UAE Companies

Branches of established companies must submit:

Parent company’s Trade License copy
Memorandum and Articles of Association
Board Resolution approving the branch setup
Certificate of Incorporation of the parent company
Power of Attorney for directors or managers
Passport copies of directors and managers
UAE residence visa or entry stamp (if applicable)

Providing these documents ensures that the branch is legally recognized and fully authorized to operate within RAKEZ.

With iNNOVEX, you receive step-by-step support to compile, notarize, and submit all required documents, minimizing errors and ensuring fast approval. Correct documentation also guarantees smooth visa processing, license issuance, and bank account opening.

RAKEZ Free Zone Facilities

RAKEZ Free Zone offers a range of modern business facilities across its specialized zones, designed to support startups, SMEs, and large enterprises. Whether you need office space, warehouses, or land for development, RAKEZ provides flexible solutions to match your business needs. At iNNOVEX, we help investors select the right facility and package to maximize efficiency and growth potential.

Flexi Facilities

Flexi desks and shared offices are ideal for startups and growing businesses. These fully furnished workspaces come with value-added services to make business setup seamless.

Shared furnished workstations and offices
Ideal for startups, SMEs, and entrepreneurs
Access to secretarial and business center services
One-stop shop with additional value-added services
Advanced IT and telecommunications infrastructure
Eligibility to apply for UAE Residence Visa

Offices

RAKEZ offers a variety of office options, ranging from 8 to 50 square meters, including serviced offices and exclusive cabin-type offices.

Ready-to-use or customizable office spaces
Suitable for commercial, consultancy, and professional services
Secretarial and business center support included
One-stop shop with value-added business services
Advanced IT and telecommunications setup
Eligibility to apply for UAE Residence Visa

Warehouses

Customizable warehouse spaces are available in sizes from 75 to 300 square meters, designed for manufacturing, trading, assembly, logistics, and specialized industries.

Flexible sizes and configurations for your business
Perfect for manufacturing, food processing, cold storage, pharmaceuticals, and logistics
24-hour security and utilities
Permanent power connectivity
Close to retail districts and major logistics hubs
On-site staff and labor accommodation available
Easy access to manpower for loading and cargo operations
Eligibility to apply for UAE Residence Visa

Land for Development

RAKEZ also provides land for large scale projects, factories, and light manufacturing units, allowing businesses to build facilities tailored to their operational needs.

Wide range of land sizes for different development needs
Ideal for manufacturing, industrial projects, and large enterprises
24-hour security and utility services
Proximity to major logistical hubs and other emirates
On-site staff and labor accommodations available
Well-paved roads and infrastructure at all locations
Eligibility to apply for UAE Residence Visa

RAKEZ Free Zone License Cost in Ras Al Khaimah

One of the most common questions from investors is about the cost of setting up a company in RAKEZ Free Zone. Understanding setup expenses upfront helps you plan effectively and avoid surprises while ensuring smooth operations.

What Affects RAKEZ Free Zone Setup Cost?

License type and business activity – Commercial, Trading, Professional, Industrial, or E-Commerce
Number of business activities you wish to register under the license
Office or workspace option Flexi desk, co-working space, furnished office, warehouse, or land for development
Number of visas required for shareholders, employees, and family dependents

Estimated Cost Range

RAKEZ Free Zone company setup packages start from approximately AED 8,200, depending on the license type, office choice, and visa quota. Prices may vary for industrial or dual license setups.

At iNNOVEX, we provide:

This clear and reliable approach ensures that investors can budget accurately and launch their business confidently, taking full advantage of RAKEZ’s benefits from day one.

RAKEZ Free Zone Business Licenses

To operate a business in the UAE, obtaining a valid business license is essential. Similarly, when establishing a company in Ras Al Khaimah, securing a RAKEZ business license is a mandatory step. Whether you are a startup looking to expand, an established company planning growth, or an entrepreneur seeking to operate multiple activities under a single entity, RAKEZ offers licenses tailored to different business needs. At iNNOVEX, we assist investors in selecting the right license, structuring their company, and navigating the setup process efficiently.

Types of RAKEZ Business Licenses

How iNNOVEX Helps with RAKEZ Licenses

Choosing the right RAKEZ license is crucial for legal compliance, business growth, and visa eligibility. At iNNOVEX, we guide clients through:

Selecting the correct license based on business activity and structure
Preparing and submitting all necessary documents
Handling approvals and payments efficiently
Advising on visas, office spaces, and operational requirements

With the right license, your company can take full advantage of RAKEZ Free Zone’s tax-free environment, world-class infrastructure, and strategic UAE location for both regional and international expansion.

Why Choose iNNOVEX for RAKEZ Company Setup?

Choosing the right consultant makes all the difference. At iNNOVEX, we combine experience, transparency, and RAKEZ-specific expertise to deliver smooth and compliant company setups.

Bottom Line: With 8 years of hands-on experience and a client-first approach, iNNOVEX is a trusted partner for cost-effective, compliant, and growth-ready RAKEZ company formation.

Choose Your Ideal UAE Business Setup

You need to pick the right option for your business setup in the UAE whether it is Mainland Freezone or Offshore. We make company formation simple and fast while keeping it fully compliant and affordable. Explore our latest packages

About Us

iNNOVEX – Ras Al Khaimah Free Zone (RAKEZ) Expert

iNNOVEX is a UAE-focused business setup consultancy helping entrepreneurs, startups, and established companies launch and grow with confidence. With over 8 years of experience, we specialize in free zone and mainland company formation, offering practical, compliant, and cost-effective solutions tailored to each client’s business goals.

Our team brings in-depth knowledge of UAE regulations, licensing authorities, and approval processes, enabling us to deliver faster setups with minimal friction. We work closely with clients to understand their business model, recommend the right structure and license, and manage the entire setup process from registration to visas and banking support.

What sets iNNOVEX apart is our transparent approach, clear communication, and long-term mindset. We don’t just help you start a company, we help you build a foundation that supports sustainable growth in the UAE and beyond.

We help entrepreneurs and startups with simple, compliant, and affordable business setup and company formation in the UAE.

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