RAKEZ - Ras Al Khaimah Economic Zone
Complete guide to setting up your business in RAKEZ. Affordable free zone with industrial and commercial options in Ras Al Khaimah emirate.
About RAKEZ
RAKEZ (Ras Al Khaimah Economic Zone) is one of the UAE's largest economic zones, formed from the merger of RAK Free Trade Zone and RAK Investment Authority. Located in the northern emirate of Ras Al Khaimah, RAKEZ offers competitive pricing, flexible facilities, and a business-friendly environment for over 15,000 companies across 50+ sectors.
License Types Available
Commercial License
Trading, import/export, e-commerce, general trading, and wholesale activities.
Industrial License
Manufacturing, processing, assembly, and production activities in industrial parks.
Service License
Consultancy, IT services, media, recruitment, and professional services.
Educational License
Training institutes, educational centers, and e-learning providers.
Zones & Facilities
Business Zone
Office spaces for commercial and service companies. Flexi-desks and executive offices available.
Industrial Zone
Warehouses, factories, and industrial land for manufacturing businesses.
Technology Zone
Dedicated zone for tech companies, startups, and innovation-focused businesses.
Media Zone
For media, publishing, advertising, and creative industry companies.
Registration Requirements
- Passport Copy: Color copy of passport for all shareholders and managers
- Passport Photo: White background photograph for visa application
- Proof of Address: Utility bill or bank statement (within 3 months)
- NOC (for UAE residents): No Objection Certificate from current employer if applicable
Step-by-Step Registration Process
Select Package & Activity
Choose license type, business activities, and visa requirements
Timeline: Same day
Name Reservation
Reserve trade name through RAKEZ portal or service center
Timeline: 1 day
Submit Application
Complete application form and upload required documents
Timeline: 1-2 days
Payment & License Issuance
Complete payment and receive trade license within days
Timeline: 2-3 business days
Visa Processing
Apply for residence visa if required. Medical test and Emirates ID processing
Timeline: 2-3 weeks
RAKEZ Fee Structure
| Description | Amount (AED) |
|---|---|
| Commercial License (Annual) | 7,500 - 15,000 |
| Industrial License (Annual) | 10,000 - 25,000 |
| Service License (Annual) | 7,500 - 12,000 |
| Flexi-Desk (Annual) | 5,000 - 8,000 |
| Warehouse (per sqm/year) | 150 - 300 |
| Visa Package (each) | 3,000 - 4,500 |
* Fees are subject to change. Contact us for current pricing.
Annual Compliance Requirements
License Renewal
Annual renewal of trade license. Renew 30 days before expiry to avoid penalties.
Facility Lease Renewal
Maintain valid lease for office, warehouse, or industrial facility.
Corporate Tax Registration & Filing
Register for UAE Corporate Tax. File annual returns. QFZP status available for qualifying activities.
VAT Compliance
Register if taxable supplies exceed AED 375,000. File periodic VAT returns.
Economic Substance Reporting
Submit ESR notification for relevant activities (distribution, holding, etc.).
Financial Records
Maintain proper accounting records. Audited accounts may be required based on activity.
Tax Implications
QFZP Status Benefits
RAKEZ companies may qualify as QFZP and enjoy:
- 0% Corporate Tax on qualifying income
- No import/export duties within the free zone
- 100% repatriation of profits and capital
Related Free Zones
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