Which customization options are available for RAKEZ company formation?

RAKEZ, also known as Ras Al Khaimah Economic Zone, is an economic free zone in the United Arab Emirates (UAE) that offers numerous customization options for company formation. These options cater to the diverse needs and requirements of businesses looking to establish their presence in the region. In this article, we will elaborate on the various customization options available for RAKEZ company formation.

1. License types:

One of the key customization options offered by RAKEZ is the choice of license types. Businesses can choose from three types of licenses, including commercial, industrial, or educational licenses. The commercial license is suitable for trading and general activities, while the industrial license is tailored for manufacturing and industrial activities. The educational license allows institutions to provide education and training services.

2. Company types:

RAKEZ allows businesses to choose from various company types based on their preferred structure. These include Free Zone Establishment (FZE), Free Zone Company (FZC), and Branch of Foreign or Local Company. An FZE is a company with a single individual or corporate shareholder, while an FZC can have multiple shareholders. Companies can also establish a branch of their existing foreign or local company.

3. Office space:

RAKEZ offers a range of office spaces that businesses can choose from based on their requirements. From co-working spaces to fully furnished offices, there are options available for small, medium, and large-sized companies. Businesses can customize their office space by selecting the size, layout, and amenities according to their needs. This flexibility allows companies to meet their specific operational and budgetary requirements.

4. Warehouses:

For companies involved in manufacturing or storage activities, RAKEZ provides customizable warehouses. These warehouses come in different sizes, allowing businesses to select the one that best suits their requirements. Companies can customize the warehouse by adding specialized features such as temperature control, high ceilings, and additional security measures. This flexibility enables businesses to optimize their operations and enhance productivity.

5. Land:

RAKEZ also offers land customization options for businesses that require large-scale and specialized facilities. Companies can choose from a selection of plots and then design and develop their own facilities according to their specific needs. This includes constructing purpose-built factories, storage facilities, or any other infrastructure required for their business operations. The ability to customize the land provides businesses with complete control over their operations and allows them to create a tailored environment.

6. Business center services:

RAKEZ provides access to a range of business center services that can be customized to meet the unique needs of businesses. These services include reception and call handling, mail handling, administration support, and access to meeting and conference rooms. Companies can choose the level of services they require, depending on their operational needs and budget.

7. Visa services:

Companies forming in RAKEZ can take advantage of the visa services offered by the free zone. RAKEZ provides assistance with visa processing, renewals, and cancellations. Businesses can customize their visa services by selecting the number and type of visas required based on their workforce requirements. This allows businesses to streamline their administrative processes and ensure compliance with immigration regulations.

8. Flexi-desk options:

RAKEZ offers flexi-desks, which are shared workstations that provide businesses with a cost-effective solution for their office needs. Companies can customize their flexi-desk options by selecting the number of desks and the duration of usage. This allows businesses to optimize their office expenses and adapt to changing requirements in a flexible manner.

9. Virtual office services:

For businesses that do not require a physical presence but need a professional image and address, RAKEZ offers virtual office services. Companies can customize their virtual office by choosing a prestigious business address, mail handling services, and the option to have calls answered by a dedicated receptionist. This allows businesses to establish a presence without the costs associated with a physical office.

10. Consultancy services:

RAKEZ provides customized consultancy services to assist businesses in various aspects of their setup and operations. Companies can avail services such as legal advice, accounting and tax consulting, branding and marketing, and industry-specific consultation. These services are tailored to each business’s individual needs, ensuring that they receive the necessary support and guidance throughout their journey.

Conclusion: 

RAKEZ offers a wide range of customization options for company formation to accommodate the diverse needs of businesses. From choosing license types and company structures to customizing office spaces, warehouses, and land, businesses have the flexibility to create a tailored environment. Additionally, RAKEZ provides access to various business center services, visa services, and virtual office options. BizDaddy has a good reputation in the industry. They have been featured in publications such as Forbes Middle East and The National. They have also received positive reviews from other clients who have used their services.