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RAKEZ: A COMPELLING ECONOMIC HUB
Ras Al Khaimah (RAK) is a growing emirate, drawing increasing numbers of tourists and professionals. RAK Free Zone companies benefit from its allure, offering an attractive tax framework with no corporate or income tax, no import or export tax, and 100% repatriation of capital and profits. Positioned strategically close to Dubai, RAK is ideal for both local and international businesses, serving as a gateway to Africa and Asia.
RAKEZ
RAS AL KHAIMAH ECONOMIC ZONE
License Starting from Zero Visa Package
5,699/- AED
One Visa Package
11,990/- AED
Two Visa Package
20,050/- AED
The Ras Al Khaimah Economic Zone (RAKEZ) is a result of the amalgamation of RAK Free Zone and RAK Investment Authority. Established in 2000, RAKEZ has evolved into a vibrant community with a dynamic economic landscape. Providing cost-effective company formation and corporate services, RAKEZ caters to over 14,500 individuals and entities across 50+ sectors, including freelancers, SMEs, startups, and established enterprises. The streamlined business setup process in RAKEZ allows for obtaining a license in just one week, with tailored packages to support freelancers, entrepreneurs, and startups.
RAKEZ – COMPANY FORMATION PROCESS
Ras Al Khaimah Free Zone creates an optimal economic environment for businesses across 100+ countries and 50 industries globally. Foreign investors, regardless of nationality, receive comprehensive support and ideal business conditions. RAKEZ ensures a streamlined company formation process, facilitating swift trade license acquisition and business establishment within weeks. The RAK Free Zone Company Setup includes selecting a license, initiating the application process, submitting required documents, and obtaining approval and the license from the free zone authority. AURA VISION ADVISORS specializes in expediting the incorporation of new businesses in the RAK Free Zone.
BENEFITS OF RAKEZ COMPANY REGISTRATION:
- Enjoy 100% repatriation of capital and profits.
- Foreign nationals can own businesses fully (100%).
- Streamlined and efficient company setup processes.
- Obtain RAK Free Zone licenses within one week.
- Permissible business activities cover a wide range of industries.
- Choose from a variety of licenses based on business needs.
- Strategic geographical positioning for enhanced opportunities.
- Benefit from low business setup costs.
- Central location for accessing government services.
- Convenient access to five major sea ports.
- Connectivity to large logistical hubs.
- Access international markets across MENA and Asia regions.
RAKEZ: COMPANY SETUP COST
| Package | Visa Eligibility | 1st year Package fee |
|---|---|---|
|
All-inclusive 1 visa package |
1
|
AED 16,500
|
|
All-inclusive 2 visas package
|
2
|
AED 20,000
|
|
All-inclusive 3 visas package
|
3
|
AED 25,000
|
|
All-inclusive 4 visas package
|
4
|
AED 29,000
|
|
All-inclusive 6 visas package – Standard Office.
|
6
|
AED 38,000
|
The above packages are included the followings:
- Registration fee
- Administration fee
- Pre-approval fee
- License fee
- Immigration file fee
- Lease fee
- E-channel (registration and renewal)
- Entry permit
- Residency fee
- Medical Check
- Emirates ID
- Change of status
BUSINESS LICENSES OFFERED IN RAK FREE ZONE
RAK Free Zone in Ras Al Khaimah offers a diverse corporate environment with extensive license options, catering to over 50 industries for company formation in the UAE. Here are the key licenses for RAKEZ company formation in the UAE:
- Commercial License.
- General Trading License.
- Industrial License.
- Service License.
- Professional License.
At Aura Vision Advisors, we guide you in selecting the appropriate license based on your business activities and handle the entire company formation process. Connect with us today to initiate the process!
RAKEZ COMPANY FORMATION & PRO SERVICES
Navigating the different stages of business development in RAKEZ often requires diverse PRO services. As the Registered Agent of RAKEZ Free Zone, AURA VISION ADVISORS, a registered Channel Partner with RAKEZ, is well-positioned to assist investors with their additional business requirements. The range of PRO services in RAKEZ includes processing visas, handling license renewals and cancellations, managing legal documentation, attesting company documents, obtaining special approvals, facilitating Trade License Amendments, overseeing Shareholder Certificate changes, adding business activities, and more.
A dedicated PRO Agent from AURA VISION ADVISORS offers comprehensive guidance and support for all business needs, ensuring efficient addressing of requirements. Entrepreneurs with recurring business support needs can consider an Annual Retainer Contract with Registered Agents like AURA VISION ADVISORS, providing peace of mind and enabling remote company operation while entrusting PRO Services to the AURA VISION ADVISORS team.
For those in need of PRO Services in RAKEZ, expert Business Consultants are available to offer guidance tailored to specific company needs. Additionally, exploring the benefits of an Annual Retainer Contract allows access to all necessary PRO Services in RAKEZ through a comprehensive agreement with AURA VISION ADVISORS.
As Dubai-based business consultants, we aid global investors in establishing their envisioned business ventures in Dubai and across the United Arab Emirates.