Rakez Business Setup Cost

Ras Al Khaimah Economic Zone (RAKEZ)

Establish your new company in one of the leading business and industrial hubs in the United Arab Emirates
100% ownership and 0 income taxes
5 specialized zone locations
Customized solutions
Customized packages providing smart solutions
Explore customisable solutions to free zone and non-free zone businesses in RAKEZ
My Business Consulting in RAKEZ
About Ras Al Khaimah Economic Zone

Set up your business in an investor-friendly free zone.

The Ras Al Khaimah Economic Zone (RAKEZ) was established in 2017 to oversee and consolidate the specialized zones and clients of the Ras Al Khaimah Free Trade Zone (RAK FTZ) and Ras Al Khaimah Investment Authority (RAKIA). With state-of-the-art facilities, a range of licenses, and first-class services in one place, RAKEZ helps businesses expand in free zones and non-free zones. By providing visa facilitation, Free Zone supports startups, entrepreneurs, SMEs, and industrialists with their business set-up requirements.

Most popular license activities in RAKEZ are:

  • Industrial
  • General Trading
  • E-commerce
  • E-gaming
  • Educational
  • Professional
  • Service
  • Media
Ras Al Khaimah Economic Zone (RAKEZ) Business Setup
About Ras Al Khaimah Economic Zone

Take advantage of cost-effective RAKEZ solutions in a unique environment to transform your business

Blessed with a strategic location, RAKEZ connects investors to the growing markets of the Middle East, North Africa (MENA), Europe as well as South and Central Asia. It is the preferred business destination of more than 13,000 multinational companies from over 100 countries representing over 50 industries.

All RAKEZ members enjoy unparalleled business competitive benefits, including:

  • Networking opportunities with 13000+ multinational companies and investors
  • Connecting to major logistic hubs in the UAE and to markets across the MENA, Europe, and Asia regions
  • A wide range of industries, sectors, and activities for companies with easy access to global markets through 5 specialized zone locations
  • Affordable premium business solutions
Advantages of business setup in the Ras Al Khaimah Economic Zone

Boundless opportunities to build your business and life

Due to its cost-effectiveness, individual approach, and unique business environment, Ras Al Khaimah Economic Zone (RAKEZ) is a popular destination for foreign investors. The world’s fastest-growing Free Zone offers you unlimited benefits!

100% foreign ownership

RAKEZ allows 100% foreign ownership of companies & 100% repatriation of capitals

Simplified setup

Simplified company formation process

Customizable solutions

Free zone and non-free zone entity formation

Wide range of facilities

Business and industrial facilities, industrial land plots for large projects

Staff accommodation

Provision to build on-site staff and labor accommodation

Strategic location

Connectivity to major logistical hubs and multi-lane superhighways

Free Zone’s commercial facilities

Variety of the best facilities in RAKEZ

RAKEZ provides a variety of facilities, all tailored to your business needs: coworking spaces, service offices, shell and core offices, customisable warehouses of various sizes, land plots to build facilities, and on-site housing for male employees.

We can help you choose the most comprehensive facilities in RAKEZ, propose to you the best-customized business setup packages, provide you with the latest information on all ongoing offers as well as assist you along the whole way of company formation and ensure professional support after the business license is obtained.

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Ras Al Khaimah Free Zone Company Setup
Rak Free Zone License Cost
Business Setup in Ras Al Khaimah
Set Up Businesses in The Best UAE Free Zones


My Business Consulting DMCC is here to assist you with choosing the right location, corporate structure and best facilities for your business in the UAE.

Types of business licenses in Ras Al Khaimah Economic Zone

Choose one of types of licenses issued in RAKEZ

With six dedicated zones catering to all business requirements, the Ras Al Khaimah Economic Zone is the ideal place to establish a business. In addition to fast-growing manufacturing enterprises, heavy industry projects, education, and modern zones for SMEs and freelancers, the area comprises first-class business centers, with a convenient location between the city center and neighboring emirates.

The following license types are available in RAKEZ:

  • General Trading
  • Commercial
  • Media
  • Individual/Professional
  • Educational
  • Industrial
  • E-commerce
  • Professional
  • Service
  • Freelance permit
Types Of Business Licenses in Ras Al Khaimah Economic Zone
My Business Consulting DMCC team with CEO Keren Jadhav.
How can we help?

With over 14 years of experience, we can help you at every stage of your company formation in Ras Al Khaimah Economic Zone

Since its foundation in 2009, My Business Consulting DMCC has assisted thousands of local and foreign entrepreneurs to set up businesses in the best UAE Free Zones.

The benefits of working with us that you can’t miss:

  • Highly professional and reliable team
  • Deep knowledge and understanding of local rules and regulations
  • Strong connections with UAE Authorities, best UAE Free Zones, local and international banks

Our team will guide you through the entire process of company formation in RAKEZ and provide you with hyper-personalized customer service on your way to success in the UAE.

Our Services

Customized packages meeting all your business needs

If you are considering setting up business in RAKEZ, My Business Consulting DMCC is here to provide you with full assistance in crafting a personalized package, creating the most suitable company structure, finding the right facility for your future business, and supporting you along your way to success in one of the most fast growing UAE Free Zones.

The most popular management consulting packages at My Business Consulting DMCC are listed below. We do not provide business setup and immigration assistance only, we carefully analyze your requirements, and provide the best solution for your business. We assist you in establishing the company, immigration of your family members and employees, opening the bank account, and provide full support after the company has been established. For a customized proposal for your business in the UAE, please contact our Business Setup Experts.

As the most reputable and trusted management consulting firm in the UAE, we guarantee high-quality and 100% transparent services throughout the entire company formation process.

Below you will find the list of services included in our Business Setup Package:

  • Business setup consultancy
  • Regular updates regarding the full process
  • Initial approval: company name, activity, shareholder’s structure
  • Business plan summary creation
  • Company registration
  • Facility arrangement (Business Park)
  • Company licensing
  • Establishment card
  • Company stamp
  • Company letterhead
  • Company profile
  • Accounts Guide for UAE Businesses not registered for VAT
  • FREE Documents Expiration Notifications after one year

Since we highly respect and value the time of our clients, when applying for a UAE Residence Visa, we provide our clients with a pick-up from their hotel, transportation to the authorities, and a drop-off at their hotel so they do not have to rush around doing medical testing and collecting documents.

Below you will find the list of services included in our UAE Resident Visa Package and related costs:

  • Assessment of Individuals Documents
  • Review of Required Documents
  • Obtaining Entry Permit
  • Typing for Medical Test and Emirates ID
  • Full Assistance in Medical Test, including transfers
  • Full Assistance in EID Biometrics, including transfers
  • Obtaining Visa Stamping
  • Collection of Emirates ID
  • Free document expiration notification after 3 years

In our capacity as the most caring management consultancy in the UAE, we ensure that our clients have no reason to worry: we will find the best UAE bank that suits your business needs, prepare all your documents, and arrange a meeting with the banker at our office.

Below you will find the list of services included in our Bank Account Opening Package:

  • Assessment of individual/corporate background
  • Preparation of Required Documents with a Company Profile specially designed for banks
  • Coordination with Relationship Officer before account opening application meeting
  • Scheduling a meeting with Relationship Officer
  • Full Assistance during bank account opening application and interview
  • Follow-up of account opening
  • Regular updates
  • Introduction of Official Relationship Manager
  • 400 Monthly Transactions
  • Daily Transactions Recording (sales, purchase, general)
  • Monthly Accounting Reports (sales, accounts receivable, accounts payable, cash & bank reconciliation, expense report)
  • Monthly Management Reports (balance sheet, income statement, cash flow statement)
  • Quarterly Management Reports
  • Fixed Asset Register
  • Financial Analysis
  • Quarterly VAT Return Filing
  • Annually Financial Reports
  • Annually End of Services & Gratuity Calculation
  • Dedicated Account Manager

Let us help you succeed in the UAE

Reach out to our experts to start a successful business in the UAE.