Accounting Firm in Dubai

Business Setup in RAKEZ

RAKEZ - Ras Al Khaimah Economic Zone

Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA) were merged to Ras Al Khaimah Economic Zone (RAKEZ). It is 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.

By merging two biggest free zone we got double opportunities on registering the company in RAKEZ, which proposing you the cheapest and international level economic zone with flexible packages and services as well as state-of-the-art facilities.

 

Benefits of Ras Al Khaimah Economic Zone

  • You are able to register Free zone and non-free zone company
  • 100% of Ownership 
  • Very fast and convenient business set-up processes
  • Variety of approved activities and different types of facilities.
  • Availability of on-site staff and labour accommodation
  • You could receive any kind of services from one free zone
  • Customer portal
  • Interconnectivity to logistical hubs and highways
  • Accessibility via an international spread of regional offices
  • Access to markets across the Middle East, Europe, North Africa and Asia regions

 

RAKEZ Zones

  • RAKEZ BUSINESS ZONE – Trading, service and consultancy businesses.
  • AL HAMRA INDUSTRIAL ZONE – Manufacturing, industrial projects, trading, assembly and logistics.
  • AL GHAIL INDUSTRIAL ZONE – Manufacturing, industrial projects, trading, assembly and logistics.
  • AL HULAILA INDUSTRIAL ZONE – Manufacturing, industrial projects, trading, assembly and logistics.
  • RAKEZ ACADEMIC ZONE – Schools, universities, institutes, academic consultancy and services.
  • MEDIA ZONE– Radio, TV, Magazines, Broadcast, Film Production, Events Management, etc.

Documents Required

  • Correctly and completely filled application form
  • Copy of passport, Emirates’ ID and UAE residence visa
  • Summary of business plan
  • Office address in RAKEZ
  • Power of Attorney for Manager, Director, Secretary and Specimen Signature
  • Copies of parent company documents (in case of setting up branch of a company)
  • NOC (no objection certificate) from sponsor if holding UAE residence visa

 

Frequently Asked Questions for RAKEZ

How many shareholders can we have on a license?

RAKEZ companies can have up to 49 shareholders.

Can I have both trading and commercial activities in my license?

Yes, RAKEZ allows for these activities to be combined on one (1) license.

Do I need to be in the UAE to set up my company with RAKEZ?

No, RAKEZ companies can be incorporated remotely from any location. All company documents can be signed by email correspondence.

Are you excited to learn more about RAKEZ Company Formation? The Ras Al Khaimah Economic Zone is a great location to Setup your business in Dubai. For more information on company formation at the RAKEZ  please contact MARKEF today!