Ras Al Khaimah Economic Zone

RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ)

Based in the heart of Ras Al Khaimah and guided by the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, United Arab Emirates Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) was established to oversee and consolidate the specialised zones and clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA).

RAKEZ is committed to its promise of empowering free zone and non-free zone investors by offering a cost-effective and world-class economic zone with customisable packages and services as well as state-of-the-art facilities.

With its ideal strategic location, RAKEZ connects investors to growing markets of the Middle East, North Africa, Europe as well as South and Central Asia.

RAKEZ is the continuation of the story that started with the foundation of RAK Free Trade Zone in 2000 and the establishment of RAK Investment Authority in 2005.It is the preferred business destination of more than 13,000 multinational companies from over 100 countries representing above 50 sectors.

FACILITIES

FLEXI FACILITIES

Shared furnished workstations or offices. Ideal for startups, SMEs and entrepreneurs. Secretarial and business centre services.

OFFICES

Ready or customisable office spaces.Ideal for commercial, service and consultancy businesses. Secretarial and business centre services.

WAREHOUSES

Customizable and available in various sizes.Ideal for manufacturing, trading, assembly and logistics.Availability of security and utility supplies around the clock.Permanent power labour accommodation.Easy access to manpower for loading and cargo.

LAND FOR DEVELOPMENT

AKEZ offers wide-ranging land sizes for development. Ideal for manufacturing and projects.Availability of security and utility supplies around the clock.Proximity to major logistical hubs and other emirates. Provision for on-site staff and labour accommodation. Well-paved roads at all  

LICENSE TYPE

COMMERCIAL                               

Trading in services and goods

EDUCATIONAL

Opening an education-related institution or consultancy company

E-COMMERCE

Trading in goods and services via electronic means

GENERAL TRADING

Trading in multiple goods

INDIVIDUAL/PROFESSIONAL

One owner with one activity in a specific specialty or expertise

INDUSTRIAL

Manufacturing, importing, packaging and exporting products

MEDIA

Operating media-related business activities

PROFESSIONAL

For individuals who provide professional services

SERVICE

Conducting services or consultancies across any industry

TOURISM

Operating tourism-related activities or establishments

LEGAL ENTITIES

1.       FREE ZONE ENTITY

·        FREE ZONE LIMITED LIABILITY ESTABLISHMENT (FZE) : Sole owner

·        FREE ZONE LIMITED LIABILITY COMPANY (FZ-LLC) : 2-5 shareholders

2.       NON-FREE ZONE ENTITY

·        INDIVIDUAL ESTABLISHMENT: Sole owner

·        LIMITED LIABILITY COMPANY (LLC) : 2 or more shareholders

3.       BRANCHES

·        BRANCH OF A UAE-BASED COMPANY: Including companies incorporated in other UAE free zones

·        BRANCH OF A FOREIGN COMPANY: Located outside the UAE

DOCUMENTS REQUIRED

FOR AN INDIVIDUAL:

• - Passport Copy (coloured photo page and signature page; must be valid for more than 6 months)
• -Residence Visa Page (for UAE Residents)
• -Emirates ID copy (for UAE Residents)
• -No Objection Letter to establish a company issued by the Sponsor (for UAE Residents)
• -UAE Entry page (for non UAE Residents)

FOR A CORPORATE ENTITY:

• -Passport Copy
• -Residence Visa Page (for UAE Residents)
• -Emirates ID copy (for UAE Residents)
• -UAE Entry page
• -No Objection Letter to establish a company issued by the Sponsor.
• -Trade Licence / Certificate of Incorporation*
• -Memorandum and Articles of Association*
• -Board Resolution*
• -Power of Attorney*

TIME SCALE

 7 Working days

COST FOR INCORPORATION

Starting from:

AED 15,500 (excluding the visa package).

SERVICE FEES

Starting from:

AED 3,000.00