RAKEZ stands for Ras Al Khaimah Economic Zone, established in May 2000 by an Emiri Decree. It is situated in the heart of Ras Al Khaimah in the UAE. His Highness Sheikh Ahmed bin Saqr Al Qasimi is its chairman who is also the United Arab Emirates Supreme Council Member and Ruler of Ras Al Khaimah. RAKEZ was found after the integration of 2 free zones- Rak Free Zone and RAK Investment Authority, which in turn expanded the zone thus making it really huge. RAKEZ is home to more than 8,000 businesses originated from different parts of the world. We support start-ups, entrepreneurs, SMEs and industrialists with their business set-up requirements by providing them with a range of licences and customisable facilities as well as first-class support services such as visa facilitation and more. RAKEZ has more than 12,000 companies from different parts of the globe, representing more than 50 different sectors. Company Formation Cost in RAK Free Zone is affordable.
The free zone provides a tax-free environment, 100% foreign ownership, fast-track visas, freedom to source labour and materials globally, and ongoing business support services. RAK FTZ provides these comparatively with a lower cost than free zones from other Emirates. Thus providing a favourable destination for freelancers, SMEs, and large Multinational Companies (MNC) to set up their business firm.
RAK FTZ consists of dedicated industrial parks which covers a total area of 30 million square meter; and 4 unique free zone parks that provide quality business setup in Dubai UAE for investors to establish their business.
The following are the 4 unique free zone parks of RAK FTZ-
Setup Your Company in Ras Al Khaimah Free Zone with Connect Middle East. We are the experienced professional business advisors to ensure fast and efficient company formation all over in the UAE.
The Ras Al Khaimah Free Zone, most commonly known as RAK FTZ, was established in 2000 and from that moment it become one of the fastest-growing and cost-effective Free Zone in the UAE. Nowadays, there are more than 12,000 companies established in RAK that take advantage of the outstanding benefits this privileged place has to offer.
Business owners and investors should know about the Company Formation in Ras Al Khaimah Free Zone if they want to take advantage of all the incentives and lower rates of this place. Thanks to its strategic location, RAK Free Zone is an ideal place to incorporate a company because it offers access to Africa, Europe and South East Asia markets.
Setting up a business in RAK is a pretty simple process, but it’s important to learn more about the rules and regulations, as well as the documentation needed, so you don’t incur in any issue.
To start the Business Setup in Ras Al Khaimah Free Zone you have to select a business activity allowed in this place. After that, you must determine which business license suits best the nature of your business. It’s also important to choose the legal form of your business and its trade name. You should submit your application along with the documents to get the initial approval, and after that, you can make the payments and collect your business license.
Here are the documents you need to incorporate a company in RAK Free Zone:
The Ras Al Khaimah Free Zone Company Setup requires investors to select among the following business activities permitted in this place:
Businesses that want to carry out their operations in RAK FTZ should obtain a valid license that allows them to engage on the allowed activities.
Here we have the rakez license types:
To start your Business in Ras Al Khaimah Free Zone you must determine which kind of legal form you want your company to have. In RAK Free Zone there are several options regarding the type of business entity you can incorporate.
If you’re considering the ras al khaimah free trade zone company search, here we have a list that may be of great help:
When it comes to the ras al khaimah free zone company setup cost, it’s important to know which payments you have to make to collect your business license and register your company.
Here we have some of the expenses for establishing a business in RAK Free Zone:
In RAK FTZ, businesses can find many options to rent a state-of-the-art facility from where they can carry out their operations.
Here we have the most outstanding facilities in RAK Free Zone: