Advantages of Setting Up Your Business in Ras Al Khaimah Economic Zone (RAKEZ)

Ras Al Khaimah Economic Zone (RAKEZ) has played a pivotal role in reshaping the economic landscape of the northern Emirates. Formed by merging two long-established entities, RAKEZ now hosts more than 14,500 companies from over 100 countries, representing 50+ diverse industries. Its rapid growth, strategic positioning, and investor-friendly policies make it one of the most attractive UAE free zones company formation option today.

Whether you're planning a free zone business setup or exploring cost-efficient investment opportunities, RAKEZ offers a powerful platform to launch and expand your business.

Located in the UAE’s northernmost Emirate, RAKEZ has become a thriving destination for industrial investors and global entrepreneurs. The zone combines competitive pricing, world-class facilities, and a highly supportive regulatory ecosystem, making it a preferred choice for startups, SMEs, and large manufacturing firms alike.

This guide highlights the key advantages of choosing RAKEZ Free Zone for your business setup.

Advantages of Setting Up Your Business in Ras Al Khaimah Economic Zone

Key Benefits of Setting Up Your Company in RAKEZ

1. 100% Foreign Ownership

RAKEZ allows investors to own their businesses outright without the need for a local Emirati partner. You can also move funds freely, thanks to the absence of foreign exchange restrictions. This makes RAKEZ ideal for expatriates and foreign corporates seeking full control and flexibility in business operations.

2. Vast Range of Business Opportunities

RAKEZ caters to a wide spectrum of industries, including:

The free zone’s flexible regulations, modern infrastructure, and value-added support services promote smooth operations and scalable growth.

3. Attractive Tax Benefits

One of the biggest reasons entrepreneurs choose RAKEZ is the highly favorable tax environment. Businesses enjoy:

  • 0% corporate tax (for eligible free zone qualifying income)

  • 0% personal income tax

  • 0% import and export duties within the free zone

These incentives significantly reduce operational costs, making RAK a strong choice for industrial and commercial activities.

4. Dedicated Industrial Zones & Business Parks

RAKEZ features specialized zones designed to meet the unique needs of each business type. These include:

Industrial Zones

  • Al Hulaila Industrial Zone

  • Al Hamra Industrial Zone

  • Al Ghail Industrial Zone

Business & Corporate Zones

  • RAKEZ Business Zone

  • RAKEZ Academic Zone

  • Technology Parks

  • Industrial Parks for large manufacturing setups

Each area provides tailored facilities, utilities, and support services—ensuring you can operate efficiently from day one.

5. Wide Range of Business & Industrial Facilities

RAKEZ offers modern infrastructure and customizable options for businesses of all sizes:

• Flexi-Desks & Shared Workspaces
Perfect for startups and freelancers who need cost-effective office solutions.

• Warehouses & Industrial Units
Available in various sizes with permanent power supply—ideal for manufacturing, storage, and logistics.

• Land for Development
For investors planning large-scale facilities or custom-built units.

All facilities come with eligibility for UAE residency visas for investors, employees, and dependents.

6. Fast & Efficient Business Setup Process

RAKEZ is widely known for its streamlined procedures. Company formation, licensing, and visa processing can be completed in a matter of days, thanks to:

  • Simplified documentation

  • Dedicated support teams

  • Quick approvals

  • Digital submission and processing

This makes RAKEZ a popular choice for entrepreneurs who want to start operations quickly without bureaucratic delays.

7. Low Setup & Operational Costs

Compared to other Emirates, RAK is one of the most cost-effective jurisdictions for business setup. Investors benefit from:

  • Affordable license packages

  • Low-cost warehouses

  • Competitive land leasing rates

  • Multiple office types—from flexi desks to premium offices

Whether you're starting small or planning a large industrial operation, RAKEZ offers tailored cost structures to suit your budget.

8. One-Stop Hub for Government Services

RAKEZ hosts key government departments under one roof, allowing investors to complete:

  • Licensing

  • Approvals

  • Visa services

  • Permits

  • Renewals

This centralized system saves time, reduces administrative burden, and ensures hassle-free processing.

Additional Advantages of Ras Al Khaimah Company Registration

Setting up a company in RAK Free Zone comes with several added benefits:

  1. Only one director and one shareholder required – perfect for entrepreneurs and small businesses.

  2. Corporate shareholding is allowed with no limits on the number of shareholders.

  3. UAE has signed Double Taxation Avoidance Agreements with 90+ countries, helping investors avoid being taxed twice.

  4. Simple annual license renewal with straightforward fee structures.

  5. Wide industry coverage, offering opportunities for entrepreneurs across trading, services, industrial activities, logistics, manufacturing, and more.

Ready to Set Up Your Business in RAKEZ?

The advantages of setting up a business in RAKEZ are extensive—ranging from cost savings and tax benefits to world-class infrastructure and fast-track business setup. If you want to explore your options or understand which RAKEZ package suits your business, our expert business setup consultants can guide you every step of the way.

Let’s discuss your RAKEZ Free Zone business setup today.
Connect with our business setup advisors for personalized assistance and tailored solutions.

Location: Ras Al-Khaimah - Ras Al Khaimah - United Arab Emirates

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