RAKEZ

About RAS AL KHAIMAH ECONOMIC ZONE

Situated in the heart of Ras Al Khaimah, RAKEZ is a powerhouse business and industrial hub in the UAE that uniquely offers customizable solutions to free zone and non-free zone businesses. From freelancers and startups to SMEs and industrialists, its multinational community is flourishing in over 50 industries.

BENEFITS OF INVESTING AT RAKEZ

WHAT’S IN IT FOR YOU?

1. Free zone and non-free zone entity formations
2. 100 per cent foreign ownership
3. Fast and efficient business set-up processes
4. Wide-ranging business and industrial facilities
5. Provision to build on-site staff and labor accommodations
6. One-stop shop for all government services
7. Self-service client portal
8. Connectivity to major logistical hubs
9. Accessibility via an international spread of regional offices
10. Easy access to markets across MENA, Europe, and Asia

BUSINESS TYPES

1. FREE ZONE ENTITY

• Zero income and corporate taxation
• 100% ownership and profit repatriation
• Access to local market through a local agent
• No customs duty on re-exported goods
• Freedom to source labor

1. NON-FREE ZONE ENTITY

• Zero income and corporate taxation
• Established in association with a UAE partner
• Direct sales in local market
• No customs duty on sales in local and GCC markets
• Subject to UAE Labor Law

INTERNATIONAL BUSINESS COMPANIES

RAK ICC Companies are best suited for

1. Private wealth

• Wealth Management & Succession Planning
• Securitizations and Ring Fencing Assets
• Ownership of Real Estate Properties & Assets
• International Tax Planning

1. International Business

• Trade
• Structured Finance Transactions
• Corporate Restructuring & Redoms
• Holding and Special Purpose Vehicles

LICENSE TYPES

Various license types are offered at RAKEZ

• COMMERCIAL; Trading in services and goods (Both Entities)
• EDUCATIONAL; Opening an education-related institution or consultancy company (Only Free Zone Entity)
• E-COMMERCE; Trading in goods and services via electronic means (Only Free Zone Entity)
• GENERAL TRADING; Trading in multiple goods (Only Free Zone Entity)
• INDIVIDUAL / PROFESSIONAL; One owner with one activity in a specific specialty or expertise (Only Free Zone Entity)
• INDUSTRIAL; Manufacturing, importing, packaging and exporting products (Both Entities)
• MEDIA; Operating media-related business activities (Only Free Zone Entity)
• PROFESSIONAL; For individuals who provide professional services (Only non-Free Zone Entity)
• SERVICE; Conducting services or consultancies across any industry (Only Free Zone Entity)
• FREELANCER PERMIT; For media, education, IT and analyst professionals (Only Free Zone Entity)

RAKEZ's Facilities

From co-working spaces to full-scale industrial facilities, RAKEZ offers you the ideal facility at your stage of development.

• COWORKING SPACE; Ideal for freelancers, startups and entrepreneurs, located in Compass Co-working Center
• SERVICED OFFICES; A new type of co-working space in premier business centers that offers permanence and privacy
• STANDARD OFFICES; Cost-effective private office spaces for SMEs opting to build a strong market presence
• EXECUTIVE OFFICES; Larger private office space for growing companies looking to accommodate a bigger team of people
• SHELL & CORE OFFICES; Undeveloped facilities ready to be fully customized according to your needs
• WAREHOUSES; Customizable warehouses of various sizes in proximity to seaports and airports
• LAND FOR DEVELOPMENT; Unlimited land space to build facilities intended for large-scale industrial operations
• STAFF AND LABOUR ACCOMMODATION; Convenient on-site housing for male workforce at our industrial zones

RAKEZ ZONES

SPECIALISED ZONES TAILORED TO YOUR SPECIFIC NEEDS

RAKEZ has six dedicated zones catering to all business requirements:

1. AL GHAIL INDUSTRIAL ZONE; Ideal choice for establishing large-scale industrial manufacturing enterprises
2. AL HAMRA INDUSTRIAL ZONE; A modern magnate for light industries as well as heavy industry projects
3. RAKEZ ACADEMIC ZONE; Home of qualified international educational institutions and service providers
4. AL HULAILA INDUSTRIAL ZONE; For businesses that are more on the heavier side of industrial manufacturing
5. AL NAKHEEL BUSINESS ZONE; A modern zone for SMEs and freelancers comprising of first-class business centers
6. AL HAMRA BUSINESS ZONE; Perfectly located between the city center and neighboring emirates

Fees :

Soha Group of companies declares its readiness to provide services, free of charge (governmental fees only).

Package inclusions:

Registration fee

Administration fee

Pre-approval fee

License fee

Immigration file fee

Lease fee

E-channel (registration and renewal)

Entry permit

Visa processing

Medical

Emirates ID

Change of status

Source: www.rakez.com

Updated on Saturday, December 23rd,2023