The UAE continues to be a hub for entrepreneurs, startups, and global businesses seeking to tap into the Middle East’s thriving economy. Among the many free zones across the country, RAKEZ (Ras Al Khaimah Economic Zone) stands out as one of the most attractive destinations for setting up a business—thanks to its streamlined procedures, cost-effective packages, and strategic location.
Whether you're an aspiring entrepreneur, a freelancer, or a well-established business looking for regional expansion, RAKEZ offers a comprehensive ecosystem tailored to support your growth. Here's why starting a business in RAKEZ is a smart, fast, and affordable choice.
What is RAKEZ?
RAKEZ is a government-established free zone and industrial zone in Ras Al Khaimah, one of the seven emirates in the UAE. It was formed in 2017 after the merger of two powerful authorities—RAK Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA). This merger created a unified platform offering a wide range of business and industrial facilities under a single regulatory umbrella.
RAKEZ free zone supports businesses of all sizes and industries—ranging from freelancers and SMEs to large industrial manufacturers. It provides flexible business setup options, modern infrastructure, and access to global markets through Ras Al Khaimah’s seaports, airports, and the UAE’s extensive road network.
Fast and Streamlined Business Setup
Time is money, and RAKEZ understands that. One of its key benefits is the fast-track business setup process. Entrepreneurs can typically get their business license issued within a few days, thanks to the simplified registration procedures and efficient customer service.
RAKEZ offers:
Online registration: You can apply and submit documents digitally from anywhere in the world.
Dedicated support: RAKEZ assigns a business development manager to assist throughout the process.
Minimal paperwork: Most companies can register with just a passport copy and a simple application form.
Quick licensing: In some cases, licenses can be issued in 24–48 hours.
This ease and speed make RAKEZ particularly attractive for startups and solopreneurs looking to launch quickly.
Affordable Setup Packages
RAKEZ is one of the most cost-effective free zones in the UAE, offering some of the lowest business setup packages available. For instance, freelancers and micro-businesses can begin operations with packages starting from as low as AED 5,499.
Affordable features include:
Zero paid-up capital requirement
No need for a physical office (for certain license types)
Shared workspaces and virtual office options
All-inclusive business license packages
These options significantly reduce startup and operating costs—ideal for new entrepreneurs and companies testing new markets.
Wide Range of Business Activities
RAKEZ offers licenses across various sectors, including:
Commercial (trading and general trading)
Industrial (light and heavy manufacturing)
Service (consultancy, marketing, IT services)
Media (creative arts, digital content, publishing)
Freelance (individual professionals such as writers, designers, consultants)
E-commerce (online stores and marketplaces)
With over 1,000 permitted activities, RAKEZ ensures that nearly any legal business idea can be accommodated within its ecosystem.
Strategic Location and Infrastructure
Ras Al Khaimah is strategically located near key global trade routes. The emirate is just an hour's drive from Dubai and close to major international airports and seaports. Businesses in RAKEZ enjoy:
Proximity to Saqr Port, one of the largest bulk ports in the Middle East
Access to RAK International Airport
Excellent highway connectivity to other emirates and Gulf countries
Custom-built warehouses, offices, and industrial land for lease
RAKEZ also features sector-specific zones, including industrial parks, business parks, and academic zones—providing businesses with a tailored environment to thrive.
100% Ownership and Tax Benefits
As a free zone entity, RAKEZ allows 100% foreign ownership, enabling you to fully control your business without needing a local sponsor. Other key financial incentives include:
0% corporate and personal income tax
100% repatriation of capital and profits
No import or export duties within the free zone
No currency restrictions
These benefits contribute to a tax-efficient and globally competitive business environment.
Business Support and Ecosystem
Beyond licenses and infrastructure, RAKEZ offers a comprehensive support ecosystem. Business owners have access to:
Banking assistance: Help with opening local business bank accounts
Visa services: Multiple visa packages for employees and dependents
Legal and document clearing services
Networking events and seminars
Collaboration opportunities with academic and industrial partners
The RAKEZ community is home to over 18,000 businesses from over 100 countries, promoting diversity, innovation, and growth through collaboration.
Who Should Consider RAKEZ?
RAKEZ is a suitable choice for:
Freelancers and solopreneurs who want a low-cost license and flexibility
Startups aiming to reduce operational expenses while scaling fast
E-commerce entrepreneurs seeking affordable licensing and warehousing
Consultants and service providers targeting the GCC and MENA region
Manufacturers looking for industrial facilities and logistics access
Whether you're launching a brand-new venture or expanding into the UAE market, RAKEZ offers a tailored, efficient, and budget-friendly foundation.
Final Thoughts
RAKEZ is more than just a place to register your business—it's a dynamic and supportive platform designed for growth. With its quick setup process, low costs, comprehensive facilities, and business-friendly policies, RAKEZ is an ideal destination for entrepreneurs from around the world.
If you're looking to start your business in a UAE free zone, and want a fast, affordable, and efficient option, RAKEZ deserves your serious consideration.
