Company Formation in Rakez
Start your RAKEZ company with expert support that speeds up approvals and gives you a clear, affordable and compliant business setup in the Ras Al Khaimah Economic Zone.
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ertified Consultants in the UAE
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Ras Al Khaimah Economic Zone (RAKEZ) is a prominent free zone located in the emirate of Ras Al Khaimah, UAE, and established in 2017. It merged two key economic zones, RAK Free Trade Zone and RAK Investment Authority, to offer a consolidated business hub with diverse benefits for enterprises. RAKEZ business setup offers strategic advantages such as competitive pricing, state-of-the-art facilities, and simplified business processes.
Company formation in Rakez offers the key benefit of enjoying 100% foreign ownership, making it highly attractive for international investors. The zone caters to various industries, including manufacturing, trading, services, and logistics, and offers customized solutions for businesses of all sizes.
To navigate the setup process, many businesses engage a Rak company setup consultant for expert guidance. These consultants streamline the process, ensuring a hassle-free experience. For entrepreneurs and businesses seeking a dynamic and cost-effective base, Rakez business setup presents an excellent opportunity to thrive in a supportive environment. For professional assistance, contact Global Incorporations for expert advice on setting up your business in RAKEZ.
Affordable Packages, Exceptional Support.
Onshore Packages
RAKEZ PACKAGE A – ZERO VISA PACKAGE
AED 7,100.00
- license fees – 5 activities
- registration fees
- virtual office fees
Company Setup Procedure in Rakez
- Choose the legal structure of the firm you want to register.
- Pick an activity from the list of options.
- Request name and preliminary approval.
- Payment of expenses associated with establishing a RAKEZ business.
- Sign the company’s incorporation and registration paperwork.
- Residency visa application.
Characteristics of Business Setup in RAKEZ are as follows
Manufacturing/Trading/Service/Education & Media related activities.
FZ – LLC (Limited Liabilities Company) and Branch.
Individuals only (Minimum one. Shareholder can also be Director)
Industrial/Commercial trading/General trading, Media, E- Commerce, Educational & Service license are available.
Shareholder can be Individuals or Corporate entity (max 50).
AED 10,000 (10 shares of AED 1,000 each) if the FZ – LLC is used for the RAKEZ Setup and AED 0 if the branch office is used.
Documents Required
Documents Required for Company Formation in RAKEZ
The requirements for business set up in Ras Al Khaimah Economic Zone depend on whether a shareholder is an individual or a corporate entity. The basic requirements are:
- Passport copy of shareholder/director/manager (colored)
- EID & residence visa of shareholder/director/manager (colored)
- Passport size photo with white background of shareholder/director/manager
* All shareholders (or authorized attorney in case shareholder is a corporate entity) are required to personally visit and sign in presence of licensing authority before incorporation of the company. Alternatively they can issue a POA duly attested by UAE consulate in their country of residence & thereafter attested by UAE Ministry of Foreign Affairs (which may cost approx. AED 2,500/- per POA).
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Why Global Incorporations? Here Are 6 Reasons
Licensed
No Hidden Fees
Dedicated Advisor
Transparent Pricing
Fast Setup
End-to-End Support
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
Answers to Your Most Common Questions
Find clear answers to the most common questions about our services so you can make informed decisions with confidence and clarity.
View AllChoosing the right incorporation in the UAE depends entirely on nature of business, target market, ownership preferences, visa requirements and infrastructure requirements. The main options are Mainland, Free Zone and Offshore each with distinct advantages and legal structures.
- Mainland and free zone companies are referred to as onshore companies.
- They are permitted to conduct business throughout the entire UAE including government entities.
- Other characteristics are 100% ownership, physical presence in UAE, low or no corporate tax depending on business sector, etc.
- 100% Foreign Ownership
- Tax benefits or exemptions, depending on the jurisdiction’s laws.
- High level of privacy, with limited public disclosure of owners’ identities in many jurisdictions.
- Asset protection, helping safeguard wealth from lawsuits, political instability, or economic risks.
- Flexible business structures, making it easy to manage and operate internationally.
- Minimal reporting or accounting requirements, depending on the jurisdiction.
- Used for international trade, investment holding, or intellectual property ownership.
- An individual or legal entity that owns shares in a company.
- They invest in the company and, in return, hold ownership rights.
- Shareholders may receive dividends, have voting rights, and benefit from the company’s growth.
- A person or legal entity appointed to manage and oversee the company’s operations.
- Responsible for strategic decisions, compliance, and overall governance.
- Acts on behalf of the company to enter into contracts and make business decisions.
Global Incorporations provides company incorporation service and has been active since long. We offer online company formation across various offshore & onshore jurisdictions across the world including United Arab Emirates (UAE) and have a team of experts in the disciplines of corporate matters, company formation, international taxation, finance, law and international business.
Payment can be done via cheque, bank transfer and credit/debit card