Setup Your Company in RAK Free Zone

Entrepreneurial Journey in UAE

Business Setup in RAK Free Zone

RAK Free Zone (Ras Al Khaimah Free Zone) offers a highly attractive business environment for international investors and entrepreneurs. The free zone provides 100% foreign ownership, making it ideal for foreign businesses looking to operate in the UAE. With tax exemptions, including no income tax and no import/export duties, it provides a cost-effective option for setting up a business. RAK Free Zone also offers flexible office space solutions, from virtual offices to large warehouses, catering to diverse business needs. Companies established in the free zone benefit from quick and easy company registration and licensing processes. The free zone allows businesses to operate globally, without restrictions on repatriation of profits. Its strategic location, with proximity to the UAE’s major ports and airports, provides easy access to global markets. RAK Free Zone supports a variety of industries, such as manufacturing, logistics, IT, and consultancy. The free zone is also known for its high-quality infrastructure and business-friendly environment. As part of Ras Al Khaimah’s vision for growth, RAK Free Zone continues to attract investments and foster economic development.

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RAK Free Zone Facilities

Why RAK Free Zone?

1

100% Foreign Ownership

RAK Free Zone allows foreign investors to own 100% of their business, providing full control and autonomy without the need for a local sponsor or partner.

2

Tax Exemptions

Companies in the free zone enjoy a range of tax benefits, including no corporate tax, no personal income tax, and no import/export duties, making it a cost-effective location for business operations.

3

Strategic Location

Located near major seaports and airports, RAK Free Zone offers easy access to global markets, providing businesses with excellent logistics and distribution opportunities.

4

Flexible Business Setup

The free zone offers various options for company formation, including sole proprietorships, LLCs, and branch offices, allowing businesses to choose the structure that best suits their needs.

5

Comprehensive Support Services

RAK Free Zone provides a full range of services, including fast company registration, visa processing, office leasing, and professional support, helping businesses get started quickly and efficiently.

RAKEZ License Type

Trading License

For businesses involved in importing, exporting, and distributing goods. This license allows you to engage in trading activities within the UAE and internationally.

Service License

This license is ideal for businesses providing services, such as consultancy, IT solutions, marketing, and professional services. It allows you to operate service-based activities.

Industrial License

Issued for manufacturing and industrial activities, this license allows businesses to set up production units or factories, enabling them to import raw materials, produce goods, and export finished products.

E-commerce License

Designed for businesses that operate online, this license is for e-commerce platforms that buy and sell goods or services through digital channels.

Holding License

This license is issued to companies that wish to own and manage shares or assets in other companies without actively engaging in business operations themselves.

E-commerce License

Designed for businesses that operate online, this license is for e-commerce platforms that buy and sell goods or services through digital channels.

What We Offer

We understand that every business is different, which is why we offer customizable solutions. Whether you’re a startup, a growing enterprise, or a well-established corporation, we offer:

F.A.Q

Mainland allows businesses to operate anywhere in the UAE, while Freezones restrict operations to the freezone area but offer tax benefits and simplified processes.

It depends on the type of business. Mainland is ideal for wider market access, while Freezones offer tax incentives and 100% foreign ownership.

Yes, in specific circumstances, such as when the business is set up as an LLC with a local agent.

Key advantages include 100% foreign ownership, tax exemptions, no import/export duties, and simplified setup processes.

 

No, businesses in the Freezone can have 100% foreign ownership without the need for a local sponsor.

Yes, VAT is applicable at 5% on most goods and services in Ras Al Khaimah Mainland.

Manufacturing, trading, logistics, IT services, and media-related businesses are popular in the Freezone.

Yes, Mainland companies can operate across the UAE, including Dubai and other Emirates.

 

Yes, most Freezone companies need to rent office space, even if it’s a virtual office in some cases.

Costs vary, but setup fees typically range from AED 10,000 to AED 50,000 depending on the business type.

 

Setting up a business can take anywhere from 2 to 5 weeks, depending on the complexity of the business.

Yes, businesses can hire foreign workers, subject to obtaining the necessary work permits.

Yes, Ras Al Khaimah Freezone businesses benefit from tax exemptions, including no income tax for up to 50 years.

Yes, Ras Al Khaimah offers business setups with flexible capital requirements, especially in Freezones.

For a Limited Liability Company (LLC), the minimum share capital requirement is AED 300,000.

Yes, certain industries may be restricted based on the Freezone’s focus (e.g., IT, media, logistics).

Businesses can transfer by completing the necessary paperwork, transferring licenses, and ensuring compliance with Ras Al Khaimah’s regulations.

Yes, companies are required to submit annual audited financial statements in Ras Al Khaimah Mainland.

Yes, banks in Ras Al Khaimah offer business accounts for Mainland and Freezone companies.

Yes, businesses can sponsor employees for work visas and residency permits in Ras Al Khaimah Freezone.

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