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RAKEZ Company Formation

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RAKEZ Company Formation

Situated in the heart of the emirate of Ras Al Khaimah in the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) is a major business powerhouse and leading industrial hub. As a business licensing authority, RAKEZ offers customizable solutions for UAE company formation to both free zone and non-free zone businesses within a thriving multinational community of over 23,000 companies across more than 50 sectors.

Established by the Government of Ras Al Khaimah, RAKEZ is one of the largest economic zones in the region. It supports startups, entrepreneurs, SMEs, and industrialists with their business setup processes and requirements. RAKEZ provides a wide range of business licenses in the UAE, along with residence visa services and customizable facilities. Additionally, it offers a suite of value-added support services, including accounting, translation, bank account opening, recruitment, procurement, marketing, and more.

RAKEZ aims to make running and setting up a business in the UAE as easy as 1, 2, 3, ensuring full compliance with the UAE’s rules and regulations. With its strategic location, advanced infrastructure, and comprehensive support services, RAKEZ provides an ideal environment for businesses to establish, grow, and succeed in the UAE and beyond.

Advantages Of RAKEZ Company Formation

Ras Al Khaimah Economic Zone (RAKEZ) offers numerous advantages for businesses. Located in Ras Al Khaimah, it provides a strategic position with easy access to regional and global markets. RAKEZ supports 100% foreign ownership and full repatriation of profits, creating a favourable business environment. It caters to various industries, including manufacturing, trading, and services, with flexible office solutions ranging from virtual offices to large corporate spaces. The free zone features zero customs duties on imports and exports, and corporate tax exemptions, which enhance cost-effectiveness. RAKEZ also simplifies the setup process with streamlined procedures for company registration and visa applications. Additionally, it offers robust infrastructure and facilities, making it an attractive choice for businesses seeking growth and operational efficiency.

Process

01

Choose Business Activity
Define the activities your business will engage in.

02

Select Company Structure
Choose from Free Zone Company (FZC), Free Zone Establishment (FZE), or branch.

03

Register Company Name
Select and register your company name with RAKEZ.

04

Prepare Documents
Gather required documents, including passport copies, a business plan, and proof of address.

05

Submit Application
Submit your application and documents to RAKEZ for approval.

06

Lease Office Space
Choose and secure office space within RAKEZ.

07

Obtain Business License
Receive your business license upon approval.

08

Open Bank Account
Set up a corporate bank account in the UAE.

09

Apply for Visas
Apply for residence and work visas for yourself and employees.

DOCUMENTS

3 -Optional Trade names of the company (on the basis of your preference)

Passports copy of Shareholder(s)

Visa page copy/entry page copy of shareholder(s)

Visa page copy / Entry page copy of Manager

List Of Activities

Visa Packages

License Fees

AED

6,010

0 VISA PACKAGE

Immigration

NA

  Partner Visa

NA

License Fees

AED

16,560

1 VISA PACKAGE

Immigration
(Including Visa)

License Fees

AED

20,060

2 VISA PACKAGE

Immigration
(Including Visa)

License Fees

AED

25,060

3 VISA PACKAGE

Immigration
(Including Visa)

MULTIPLE YEARS LICENSE PACKAGES

License Fee Zero Visa One Visa Two Visa Three Visa
Two Years
10,810 AED
28,110 AED
34,060 AED
42,560 AED
Three Years
15,310 AED
39,660 AED
48,060 AED
60,060 AED

License Amendment Fees

Sr.No. Description Fees
1.
Amendment of activity
2500 AED
2.
Amendment of shareholder
2500 AED
3.
Amendment of manager
2500 AED
4.
Amendment of Visa package
2500 AED
5.
Amendment of MOA
2500 AED
6.
Amendment of Share Capital
2500 AED

Terms And Conditions Of Freezone

  1. All charges are expressed in UAE Dirhams.
  2. Charges for any services not mentioned in this schedule will be available on request.
  3. All fees and charges mentioned in this schedule are subject to change by RAKEZ without prior notice. Any updates to the schedule will be published on this page.

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