RAKEZ Business License
Price Starting from
AED 6,010*
- Business License
- Administration Fee
- pre-Approval Fee (1 Shareholder)
- Immigration File Fee
- Lease Fee
- E-Channel Registration
- Entry Permit
- Medical Test in RAKEZ
- EID Biometrics in RAKEZ
- Change of Status
Business Setup in Ras Al Khaimah Economic Zone (RAKEZ)
About RAKEZ Free Zone
RAKEZ (Ras Al Khaimah Economic Free Zone) is a powerhouse that helps startups, SMEs, and global manufacturing players with their company formation in the UAE. Based in the Emirate of Ras Al Khaimah, they offer customizable solutions for both free zone and non-free zone businesses across over 50 sectors. As one of the largest economic zones in the region, RAKEZ provides a range of business licenses, residence visa services, and value-added support services such as accounting, translation, and marketing. With its strategic location, cost-effective solutions, and flexible licensing options, RAKEZ is an attractive choice for entrepreneurs looking to capitalize on the region's growing market. Their goal is to make setting up and running businesses in the UAE as seamless as possible while ensuring compliance with all regulations.
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Benefits of RAKEZ Free Zone License
Here are the advantages of setting up a company in the RAKEZ Free Zone.
FreeZone and Non-FreeZone Entity Formation
Wide Range of Business and Industry Facilities
100% Foreign Ownership
Connectivity to Major Logistical Hubs
Fast and Cost-Effective Business Setup
Easy Access to Markets Across MENA, Europe, and Asia
Installment Payment Option
Provision to Build on-Site Staff & Labour Accommodation
Choosing the Right Business License
RAKEZ Free Zone License Types
RAK Free Zone offers the following license types.
Designated for businesses engaged in trading activities, including import, export, and distribution. It covers a wide range of commercial operations allowing companies to trade goods within the FreeZone and Non-Freezones in the UAE.
Ideal for businesses aiming to establish a strong presence in the service industry, this license enables service-based operations and is crucial for companies aiming to provide specialized services to clients.
Great for businesses in the media sector or those looking to set up a media company, this license covers everything from publishing and broadcasting to digital content creation. It’s an excellent fit for media houses, advertising agencies, and content creators aiming to make their mark in the Free Zone.
Designed for online businesses and digital platforms, having a media license supports companies operating over the internet and those seeking to establish a foothold in the e-commerce space. It’s an ideal choice for online retailers, digital marketers, and e-commerce platforms, helping you build credibility and trust with customers while ensuring compliance with regulatory standards.
The Education License is for businesses in the educational sector, including schools, universities, and vocational training centers. It supports a range of activities from teaching and training to comprehensive educational services, making it ideal for those looking to excel in providing quality education.
Allows businesses to trade in a broad range of goods without being restricted to specific products. It’s suitable for companies engaged in diverse trading activities, from importing and exporting to wholesale distribution.
Tailored for businesses in the manufacturing and industrial sectors, the Industrial License is perfect for those creating products or running industrial facilities within the Free Zone and non-Free Zones. It supports a range of activities, including production, assembly, and processing, making it essential for companies focused on industrial operations.
Reserved for businesses offering professional services, such as consultancy, legal, or accounting services. This license is suitable for professionals and service providers operating in various sectors outside the Free Zone.
For individuals opting to work independently, freelance permits offer a flexible solution for media, technology, and creative professionals, allowing them to provide services legally while enjoying the freedom to manage their work.
Required Documents
Requirements for RAKEZ Business License
Necessary criteria and documentation are needed to obtain a business license in the Ras Al Khaimah Economic Zone (RAKEZ).
Required Documents
Individual Shareholder
- Passport Copy
- Visa Copy
- Latest UAE entry stamp
- Emirates ID Copy (Front and Back)
- Passport Size Photos
- 3 Proposed Company Names (If Applicable)
Required Documents
Corporate Shareholder
- Company Hierarchy Diagram
- Certificate of Incorporation
- Certificate of Incumbency / Good standing
- Share Certificate / Share Registry Certificate
- Passports of the Directors and Shareholders
- Business Plan
- Memorandum of Association and/or Articles of Association
- Board Resolution
How to Start a RAKEZ Company
Steps for Setting Up a Company in RAKEZ Free Zone
Starting a company in the RAKEZ Free Zone can be cost-effective, but the expenses will depend on things like your company's setup, the type of business you run, your infrastructure needs, and how many visas you need.
Regardless of your budget, EZONE is here to guide you through the process, helping you save both time and money.
Define Your Business Activity
Start by determining the type of business activity you plan to undertake and the legal structure of your company. RAKEZ (Ras Al Khaimah Economic Free Zone) supports a variety of business activities, from trading and services to manufacturing. Your business structure can be a sole proprietorship, partnership, or limited liability company, depending on your needs.
Choose Your Business Trade License
RAKEZ offers a wide range of business licenses, including trading, service, industrial, and educational licenses. Select what works best for your business activity. The type of license you choose will affect your company’s scope of operations and required regulatory obligations.
Submit Your Business Name
Your business name is often the first interaction potential clients have with your brand. Having a strong name that reflects your vision creates a positive first impression and sets you apart from your competitors. Having short-listed names or reserving a name helps speed up the process of confirmation and any potential conflicts.
Open Your Corporate Bank Account
To effectively manage transactions and gain the trust of clients and partners, a business bank account is necessary. EZONE ensures this process is smooth and hassle-free.