Business Setup in RAKEZ Free Zone, UAE

RAKEZ, also known as Ras Al Khaimah Economic Zone, is a leading business hub in the United Arab Emirates. It offers a wide range of business solutions and incentives for entrepreneurs looking to set up their companies.

RAKEZ business setup is a popular choice for businesses due to its strategic location, cost-effective setup options, and business-friendly regulations.

So, if you’re ambitious entrepreneur and looking to establish a thriving business in a dynamic economic hub – Shuraa Business Setup is your trusted partner in making your dreams come true.

With our team of expert consultants, lawyers, PRO executives, and company formation specialists, we offer a one-stop solution for all your business needs in the RAKEZ Free Zone.

Why Choose RAKEZ Free Zone?

Located in the heart of the UAE, it offers seamless connectivity to international markets, making it an ideal choice for businesses seeking global expansion.

Here are some key reasons to choose RAKEZ Free Zone for your venture:

  • Tax Benefits and 100% Foreign Ownership.
  • Diverse Business Activities.
  • Global Market Access.
  • Ease of Doing Business.

  • Simplified Visa Process.

  • Modern Infrastructure.

RAKEZ business setup and its free zone provide a friendly environment for businesses to establish and grow. With its strategic location, streamlined setup process, attractive incentives, and top-notch infrastructure, RAKEZ is an excellent choice for companies looking to expand their operations in the UAE and beyond.

Steps to Setup a Business in
RAKEZ Free Zone

RAKEZ company formation is a well-defined process, and Shuraa Business Setup will be with you every step of the way. Our experts will guide you through the following steps:

Choose your business activity and legal structure

Determine the type of business you want to establish and ensure it is permitted in RAKEZ Free Zone. Also, decide on the legal structure for your company such as LLC (Limited Liability Company).

Business plan and documentation

Prepare a detailed business plan and gather all the necessary documents required for the company setup. Shuraa will handle all the necessary documentation, making sure you meet all regulatory requirements.

Obtain a trade license

Once you have chosen your business activity, you need to obtain a trade license from RAKEZ. There are different RAKEZ license types to choose from. Our RAKEZ free zone company setup consultants will assist you in getting initial approvals and trade license.

Open a bank account

Our experts guide you through the process of opening a corporate bank account to facilitate your financial transactions.

Register your company

Once you have a trade license and a bank account, you need to register your company with RAKEZ. The registration process is simple with Shuraa expert business setup services.

Visa Application

If you require visas for shareholders or employees, submit the necessary documents for visa processing.

Comprehensive Solutions

The RAKEZ business setup in Free Zone is just the beginning of the journey. With Shuraa Business Setup, you gain access to a comprehensive suite of services, including licensing, visa assistance, PRO services, and rented office space.

Commence Operations

Once you have obtained your business license and visas, you can start operating your business in RAKEZ Free Zone.

Documents Required for a RAKEZ Free Zone Company

  • Trade License Application
  • Proof of Identity & Address
  • Memorandum of Association
  • Articles of Association
  • Bank Account Opening Letter
  • Visa Application Form

  • Business plan

RAKEZ License Types

RAKEZ offers a wide range of licenses for free zone companies, including:

General Trading License

This is the most popular type of license and allows you to trade in a wide range of goods and services.

Commercial License

This license allows you to operate a commercial business, such as a restaurant, hotel, or retail store.

Industrial License

This license allows you to operate an industrial business, such as a manufacturing plant or a warehouse.

Free Zone Establishment License

This license allows you to set up a branch or office of an existing company in the free zone.

The RAKEZ license cost for business setup in a free zone varies depending on the free zone you choose and the type of business you want to set up. However, the costs generally starts from AED 12,050*.

Please know that these are just estimates, the actual costs may vary. We suggest you get a free consultation at Fikra to get the exact cost for your company formation in RAKEZ.

Why Choose Shuraa For RAKEZ Free Zone?

Fikra Business Setup offers an extensive range of services to facilitate your business journey in the RAKEZ Free Zone. Our services include:

  • Company Registration

    Seamless and efficient company registration process, tailored to your business needs.

  • PRO Services

    Hassle-free document clearance, visa processing, and government liaison services.

  • Business Licensing

    Guidance and assistance in obtaining the necessary licenses for your business activities.

  • Translation Services

    Professional translation services to ensure accurate and legal documentations.

  • Sponsorship Support

    Secure reliable local sponsors for your business, if required.