Business Setup in
Ras Al khaimah, UAE

Launch Your Dream Business in RAK Free Zone with Bizdaddy Expertise

RAK
Overview

Business Setup in RAK Free Zone

RAKEZ, short for Ras Al Khaimah Economic Zone, is a premier business destination in the United Arab Emirates, renowned for its comprehensive business solutions and attractive incentives tailored for entrepreneurs aiming to establish their ventures.

Setting up a business in RAK is highly sought after due to its prime location, affordable setup packages, and entrepreneur-friendly policies.

If you’re a visionary entrepreneur seeking to launch a successful enterprise in a vibrant economic ecosystem, Bizdaddy’s Business Setup is your trusted ally in turning your aspirations into reality.

With a dedicated team of Bizdaddy seasoned consultants, legal experts, PRO specialists, and company formation professionals, we provide an all-inclusive solution to meet your business requirements in the RAK Free Zone.

Join thousands of satisfied entrepreneurs who have chosen RAK as their launchpad for success. Partner with Bizdaddy to unlock the full potential of your business in one of the UAE’s most dynamic economic zones.

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Why Choose Company Setup in RAK Free Zones

100% return of capital and profits

Simplistic business setup process

Simplified visa and work permit process

Tax Benefits, No corporate taxes and 100% foreign ownership

Customs duty exemption on imports, exports, and services

Global Market Access and Modern Infrastructure

Low-Cost Business Setup in the UAE: A Comprehensive Guide
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Steps to Setup a Business in RAK Free Zone

When you establish a company in the UAE, you’re not just starting a business, you’re creating a future in one of the
world’s most dynamic economies. And we’re here to guide you every step of the way:

01

Choose your business activity and legal structure

Determine the type of business you want to establish and ensure it is permitted in RAK Free Zone. Also, decide on the legal structure for your company such as LLC (Limited Liability Company).

02

Business plan and documentation

Prepare a detailed business plan and gather all the necessary documents required for the company setup. Shuraa will handle all the necessary documentation, making sure you meet all regulatory requirements.

03

Obtain a trade license

Once you have chosen your business activity, you need to obtain a trade license from RAK. There are different RAK license types to choose from. Our RAK free zone company setup consultants will assist you in getting initial approvals and trade license.

04

Open a bank account

Our experts guide you through the process of opening a corporate bank account to facilitate your financial transactions.

05

Register your company

Once you have a trade license and a bank account, you need to register your company with RAK. The registration process is simple with Shuraa expert business setup services.

06

Visa Application

If you require visas for shareholders or employees, submit the necessary documents for visa processing.

07

Start your Operations

Once you have obtained your business license and visas, you can start operating your business in RAK Free Zone.

Documents Required for a RAKEZ Free Zone Company

Trade License Application Form

Proof of Identity & Address

Memorandum of Association

Articles of Association

Bank Account Opening Letter

Visa Application Form & A Business plan

key documents for a trade license application in Dubai?
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Free Zones in Ras al Khaimah

Bizdaddy’s Business Setup offers RAK free zone company setup with 30% lower rates than other Emirates.
RAK’s cost-effective, hassle-free, and customer-friendly environment attracts businesses of all sizes.

RAK Economic Zone (RAKEZ)

RAKEZ is an authority established by the government of Ras Al Khaimah in the United Arab Emirates (UAE) to oversee, regulate and consolidate the services, facilities and zones of RAK Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA), as well as serve their respective clients. Founded in 2017, RAKEZ currently houses over 14,500 companies from more than 100 countries covering over 50 industries, making it one of the largest economic zones in the region

rakez

RAK Media Free Zone

RAK Media City is another RAK Free Trade Zone (RAKFTZ) which is controlled by the RAKFTZ authority. The increasing cost of living in Dubai free zones makes RAK Media City a low-cost alternative. Business owners are attracted towards this RAK FTZ due to its dedication towards providing world-class facilities, great business infrastructure, pre-built offices, and media-related business licenses.

rak media

In Ras Al Khaimah, there are four primary free zone business parks:

Business Park

For corporate and business investments

Industrial Park

Catering to heavy manufacturing industries

Technology Park

Home to trade and light manufacturing companies

Academic Park

RAK FTC aims to become a top-notch education destination, reserved for world-class educational institutions

Ras Al Khaimah Offshore

RAK Offshore was created to meet the increasing demand in offshore markets, contributing to the administration’s economic growth by diversifying income sources. With over 1900 International Business Companies (IBCs) in its portfolio, RAK offshore has initially attracted real estate and property investments. The establishment of new policies ensures a welcoming environment for investors.

Privacy and Security

RAK ensures the confidentiality and safety of your information.

Cost-Effective

The RAK offshore company setup costs are reasonable, making it an ideal choice for an offshore location.

Import Duty Exemption

Businesses enjoy exemption from all import duties.

Capital and Profit Repatriation

You can repatriate 100% of your capital and profits.

Ras Al Khaimah Mainland

Ras Al Khaimah is one of the emirates the businesses are looking forward to. Mainland Company in RAK has abundant growth prospects. Sharing its border with Oman, Ras Al Khaimah is one hour away from Dubai. Business entities can utilize the positive aspects of the location optimally, to reap the best result. You can set up a business in RAK mainland by following a hassle-free process.

Benefits of Setting Up a Business in Dubai Mainland
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FAQs

Frequently Asked Questions

A Freezone company is a business entity established in a designated free trade zone in the UAE. These zones offer various incentives such as tax exemptions, full foreign ownership, and simplified business setup procedures to attract international investors.

RAK Free Zone is a business hub located in the United Arab Emirates. It offers a wide range of business setup options for entrepreneurs and companies, including various types of licenses and facilities.

Setting up a business in RAK Free Zone comes with several benefits. These include 100% foreign ownership, tax benefits, easy company registration processes, access to world-class infrastructure, and a strategic location for global trade.

RAK Freezones in the UAE accommodate a wide range of business activities, including trading, manufacturing, consultancy, IT services, media, healthcare, education, and more. Each Freezone may have its own specific set of permitted activities.

The required documents usually include a passport copy of the shareholders and directors, a business plan, proof of address, and a completed application form. Some Freezones may have additional documentation requirements.

RAKEZ company setup cost depends on various factors, including the type of license, office space requirements, and additional services. Shuraa Business Setup can provide a personalized quote based on your specific needs and budget, ensuring transparency and cost-effectiveness in the setup process.

Yes, it is possible to convert a Freezone company to a mainland company, but the process involves additional steps and compliance with mainland regulations. Consulting with a business setup expert can help navigate this transition.

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