RAKEZ is a Free Zone established in Ras Al Khaimah in which more than 8000 enterprises from Europe, North America, the Middle East, and Asia relocate because RAK is a free zone that is known across the world. It offers simple company formation procedures, more affordable rents, lower living expenses, and less expensive business license fees. The Ras Al Khaimah Economic Zone (RAKEZ) is made up of the RAK Free Zone and the RAK Investment Authority. Entrepreneurs who value cost above location are drawn to this area because of the straightforward business registration process.
This internationally recognized free zone is made up of four main parks: the Business, Technology, Industrial, and Academic Zone. All applications are handled by a single FTZ authority using a straightforward registration process for businesses. RAK is the best free zone in the northern emirates because it has all the amenities needed by international businesses, including outstanding telecommunications, modern airport connections & excellent port facilities at Port Saqr, which is in close proximity to RAK Free Zone.
A business may operate in both the RAKEZ free zone and the non-free zone area if the company has commercial and industrial licenses. Depending on the type of professional activity, the professional license is given for both free zone and non-free zone locations.
Deciding on the legal entity, license type & facility.
Submitting all the necessary & relevant documents as required by the RAKEZ authority to form a company such as Passport copies, Visa Copies etc.
Upon successful payment of all the fees & charges the final license along with all the registration documents will be issued.