rak free zone company setup

RAK Free Zone Company Setup

RAK Free Zone company setup provide cost-effective services and supports all businesses awesome packages with full facilities. Any kind of business setup can get the customized solutions from the RAKEZ business setup. RAK is located near India, China, and Iraq, so it is prominent for inspiring investors and shipping and offshore business.

Business setup in Ras Al Khaimah is one of the leading investment destinations and was established in the year 2000. This free zone is beneficial for more than 50 industry sectors, 8600 companies from over 100 countries. Its geographical location offers numerous advantages and an affordable gateway to a wide range of markets across East and West such as Europe, North Africa, and South Asia. It also provides 4 unique free zone parks that are a business park, technology park, academy park, and Industrial park that suit every inspiring foreign investors for Ras Al Khaimah Economic Zone company formation.

RAKEZ  is most suitable for companies that need warehousing facilities. This economic zone would be a good option for any business, which always has customizable warehouses and plots of industrial land for development. Ras al Khaimah free zone company set up cost is not so high.

Rak Free Zone License

 The promotions and discounts campaigns are often done by RAK free trade zone authority. For a zero visa media company, the prices are reasonably starting from roughly 8,000 AED.

It has a special product for women in power with prices 40% less than usual. You can also register a 3-year package in a long run to save more money.

RAKEZ License Cost

Type of License

Cost, AED

Zero visas trading package  

11,440

Professional package 1 visa individual

13,468

Service package

15,868

Commercial License

3650(yearly)

Industrial License

5,000(yearly)

Consultancy/Service license

7500(yearly)

General trading license

15000 (yearly)

Benefits of Setting Up a Company in RAK Free Zone

The freedom and ease of business provided by the RAK Free zone are main the attraction points for inspiring investors. Below are some benefits related to RAK free zone

  • Residency Visa
  • 100% Ownership
  • Office facilities
  • Set Up Costs
  • No Repatriation Tax

How to Start a Company in RAK Free Zone?

The step by step process to start a company in the RAK Free zone is given below:

  1. Select the activities: The first step is to choose the business activities from the following sectors:
      • Commercial
      • Educational
      • E-Commerce
      • General Trading
      • Industrial
      • Media
      • Professional
      • Service
      • Freelancer
  1. Choose the Company Name: After choosing the business sector the next step is to choose a company name that should not be offensive and not of any religious reference.
  2. Apply for the license: To apply for the license you should know the documents required to set up a company in a RAK free zone.
      • Complete Application Form
      • Passport Copy
      • A Color photograph
      • A Business Plan
  1. Apply for Visas: You will also need to apply for visas, and this is best undertaken with the help of a company formation expert.