RAKEZ - YOUR PARTNER FOR STARTUP, SME, AND INDUSTRIAL BUSINESS SETUP IN THE REGION'S PREMIER ECONOMIC ZONE

A powerhouse supporting startup businesses, SMEs, and global manufacturing players with their company formation in the UAE

Situated in the heart of the emirate of Ras Al Khaimah in the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) is a business powerhouse and leading industrial hub. It is a business licencing authority that offers customisable solutions for UAE company formation to free zone and non-free zone businesses in a multinational community of +21,000 companies that flourishes in over 50 sectors.

Established by the Government of Ras Al Khaimah, RAKEZ is one of the largest economic zones in the region supporting startups, entrepreneurs, SMEs and industrialists with their business setup processes and requirements. We provide a wide range of business licences in the UAE, residence visa services, customisable facilities, as well as value-added support services including accounting, translation, bank account opening, recruitment, procurement, marketing, and many more.

We aim to make running and setting up your business in the UAE as easy as 1, 2, 3, while ensuring full compliance with the UAE’s rules and regulations.

OUR STRATEGIC PILLARS

Free Zone, Company Setup, Free Zone Business Setup, Business Setup, Customised Solutions

CUSTOMISED SOLUTIONS

Connect with us to benefit from our tailor-made packages and smart solutions for company formation in the UAE.

Free Zone, Company Setup, Free Zone Business Setup, Business Setup, Efficient In Everything We Do

SUPERIOR EFFICIENCY

If you are setting up a business in the UAE, our seamless support will have you ready to operate in no time.

Free Zone, Company Setup, Free Zone Business Setup, Business Setup, Diversification

COMPLETELY DIVERSIFIED

Choose from a wide range of industries, sectors and business activities when opening a company in the UAE.

Free Zone, Company Setup, Free Zone Business Setup, Business Setup, Cost-Effectiveness

COST-EFFECTIVE SOLUTIONS

It is easy to start a small business in the UAE with our affordable set-up packages and premium solutions.

Free Zone, Company Setup, Free Zone Business Setup, Business Setup, Experts With Confidence

SEASONED EXPERTS

Company formation in the UAE – with ease. Our team of experts are always ready to help with all of your requirements.

WHY CHOOSE RAKEZ FOR OPENING A COMPANY IN THE UAE?

With RAKEZ, setting up a business in the UAE has never been easier. Whether you are an entrepreneur, a freelancer, an SME or a large industrial enterprise, we have a range of solutions to suit your stage of development.

Our team of experts will first take the time to understand and study your requirements and then tailor the most suitable package and services to suit your unique needs. We are experts in all things company formation in the UAE, so you are always in safe hands.

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ECONOMICAL BUSINESS HUB

SIMPLIFIED AND FAST-TRACK BUSINESS SET-UP PROCESSES

Opening a company in the UAE is easy with RAKEZ. Our simplified and fast-track...

Opening a company in the UAE is easy with RAKEZ. With our simplified and fast-track business set-up processes, you will be ready to operate in a matter of days.
Once we have the documents and information we need from you, we will manage the entire process from start to finish. You can then focus on getting your business ready for launch.

SECRETARIAL AND BUSINESS CENTRE SERVICES

The administrative processes may be overwhelming when starting a new company in the UAE...

The administrative processes may be overwhelming when starting a new company in the UAE. But at RAKEZ, we will help minimise the paperwork and lighten the load.
Our on-site secretarial and business centre services give you access to everything you need to run your business and meet your obligations towards your clients, suppliers, staff and UAE business authorities. Whatever you need – just ask!

ONE-STOP SHOP FOR ALL GOVERNMENT SERVICES

Entrepreneurs have a long to-do list when setting up a business in the UAE...

Entrepreneurs have a long to-do list when setting up a business in the UAE. That is why RAKEZ acts as a one-stop shop for government services, so you can tick off the items on your checklist in quick succession.
Our experts can assist you with everything from contracts and permits to visas and premises – letting you avoid the burden of admin work so you can focus on making your business a success.

NURTURING INDUSTRIAL HUB

CHOICE OF FREE ZONE AND NON-FREE ZONE ENTITY FORMATIONS

RAKEZ is much more than a UAE free zone. When opening a company in the UAE...

RAKEZ is much more than a UAE free zone. When opening a company in the UAE with us, you can choose from both free zone and non-free zone entity formations.
Our team will work with you to understand the needs of your business and advise you on the most suitable set-up for your requirements. And when it is time to start the application process, we will guide you through every step.

STATE-OF-THE-ART WAREHOUSES IN VARIOUS SIZES

Our services stretch far beyond company formation in the UAE. There is a variety of workspace...

Our services stretch far beyond company formation in the UAE. There is a variety of workspace on offer at RAKEZ, too. Whether you need coworking space and offices or storage and warehousing options or land for development, we have you covered.
Take your pick from our state-of-the-art warehouses of various sizes that can be customised to the specific needs of your business. From the moment you move in, you are ready to get to work.

INDUSTRIAL LAND PLOTS FOR LARGE INDUSTRIAL PROJECTS

RAKEZ is not only the perfect place to start a small business in the UAE...

RAKEZ is not only the perfect place to start a small business in the UAE – we are built for large industrial projects also.
When you start your business here, you have the option of developing our land to create warehousing, manufacturing plants, labour accommodations, offices and more – all to the exact specifications of your business. Whether you are just starting out in manufacturing or relocating an existing enterprise, we have got a solution to fit.

EXPLORE RAKEZ FOR UAE BUSINESS SETUP

GETTING STARTED

SET-UP PROCESS THAT’S AS EASY AS 1, 2, 3

  • Step

    1

    CUSTOMISE YOUR PACKAGE

  • Step

    2

    SUBMIT APPLICATION & DOCUMENTS

  • Step

    3

    RECEIVE YOUR BUSINESS LICENCE

FACILITIES

SPACES DESIGNED TO HELP YOU THRIVE

  • FLEXI FACILITIES

  • STANDARD OFFICES

  • EXECUTIVE OFFICES

  • SHELL & CORE OFFICES

  • WAREHOUSES

  • LAND FOR DEVELOPMENT

CLIENT SERVICES

FIRST-CLASS SERVICES UNDER ONE ROOF

  • NEW COMPANY SET-UP SERVICES

  • GOVERNMENT SERVICES

  • MAZEED SERVICES

  • LICENSING & RENEWALS SERVICES

  • LEASING SERVICES

  • ANNOUNCEMENTS

OFFERS

HEAR IT STRAIGHT FROM OUR CLIENTS

OUR STRATEGIC PARTNERS

FREQUENTLY ASKED QUESTIONS

What is VAT?

VAT stands for Value Added Tax. It is an indirect tax applicable to taxable goods and services in the UAE.

Detailed information on VAT are available on the website of the UAE’s Federal Tax Authority (FTA) at www.tax.gov.ae and relevant FAQs are available here.

How can a company make payments to RAKEZ?

A company can make the payment through the following channels:

• Online by topping up the portal accounts
• RAKEZ Business Service Centres (cashier counters)
• Bank Transfer

What is a subsidiary?

A Subsidiary is a company that is owned by another company where 51% or more of its shareholding is held by the other company.

What are the conditions for the employment of non-sponsored employees?

The conditions in which RAKEZ can grant its approval to employee and non-sponsored employee are if the non-sponsored employee:

• Is a GCC National
• Resides in the UAE on the visa sponsored by a relative
• Is to be employed on a part-time or temporary basis
• Works for a subsidiary or an associated company of a RAKEZ company

Can a company employ non-sponsored employees?

Yes, a company may employ a non-sponsored employee, temporarily or permanently.

What are the requirements for sub-leasing buildings/ structures?

The requirements for sub-leasing buildings/structures in RAKEZ are:

  • The building/structure must be fully completed.
  • The sub-lessor should holds valid lease and does not have outstanding amounts owed to RAKEZ.
  • The sub-lessee must possess a licence for his activities.
  • The sub-lessor is jointly and severally responsible and liable for the activities of the sub-lessee.
  • A sub-lessee is prohibited to assign his rights under a sub-lease agreement.
  • A sub-lease agreement is not to be contradicting with the lease agreement and is deemed terminated upon the termination of the lease agreement.

What are the requirements for sub-leasing vacant plots?

The requirements for sub-leasing vacant plots in RAKEZ are:

  • The sub-lessor should hold a valid lease and does not have outstanding amounts owed to RAKEZ.
  • The sub-lessee is a subsidiary of the sub-lessee or the sub-lessor and sub-lessee are associated companies OR there is a contract between the sub-lessor and the sub-lessee to either supply raw material, produce or distribute or consume finished product.
  • The sub-lessor and sub-lessee have sufficient spa
  • The sub-lessor and sub-lessee have sufficient space for the licensed activities, without jeopardizing their respective operations.
  • The sub-lessor is jointly and severally responsible and liable for the activities of the sub-lessee.
  • A sub-lessee is prohibited to assign his rights under a sub-lease agreement.
  • A sub-lease agreement is not to be contradicting with the lease agreement and is deemed terminated upon the termination of the lease agreement.

What are the types of sub-lease allowed by RAKEZ?

The types of sub-lease allowed by RAKEZ are:
1. Sub-lease of a vacant plot
2. Sub-lease of completed buildings/structures

Is it allowed to sub-lease?

Yes, it is, but subject to obtaining a prior written approval from RAKEZ.

What is sub-leasing?

Sub-leasing is an arrangement where a company (lessee) allows another company (sub-lessee) to use part of the leased premises.

The trade licence and immigration file of my company is valid and I want to apply for Investor Visa. Do I still have to register in the E-Channel Immigration System?

As per the Immigration Authority’s mandate, any company having an immigration file is required to register in the EChannel Immigration System’s platform to further process visa related services.

My immigration file expired 2 months ago, can I register in the system?

While submitting the license renewal request, you may pay for the immigration file renewal, penalties incurred due to late renewal of the immigration file and for the E-Channel Immigration System registration.

I want to close my company, cancel the visa and immigration file, do I still need to register in the E-Channel Immigration System?

For companies applying for closure, the Immigration Authority is currently granting a special approval to exempt them from registration in the system. Any changes in the requirements from the Immigration Authority will be communicated as and when received.

My company will not apply for any visa, do I still need to register in the E-Channel Immigration System?

Registering in the system is not linked to obtaining visas. It is however, mandated for all companies with immigration file to register in the system.

Can I apply for a visa, once my company has been registered in the E-Channel Immigration System?

For all your company visas, the service can be availed only through the Sponsor. RAKEZ being the Sponsor will be applying for the company’s visa, hence the applications may be submitted to RAKEZ.

What is an associated company?

An associated company is a company that is associated with another company where 51% or more of both companies’ shareholding is held by the same shareholders.

What are the required documents if a company will carry out any activity classified as a DNFBP?

The application for registration of a company to carry out any activity classified as a DNFBP must be accompanied by a complete DNFBPs form signed by all shareholders who will jointly be and severally liable for the compliance with the laws and regulations of the UAE’s Central Bank and all relevant Federal Laws and Regulations for Combatting Money Laundering (AML) and Financing of Terrorism (CFT).

Which activities are classified as Designated Non-Financial Businesses and Professions (DNFBPs)?

The activities that are classified as Designated Non-Financial Businesses and Professions (DNFBPs) are:

• Legal Consultancy
• Real Estate Agent
• Real Estate Developer
• Auditing of Accounts
• Precious Metals and Stones Trading
• Investment Consultancy
• Company Service Providers

Is an annual Operation Fitness Certificate (OFC) required for coworking space and business centre licensees?

No, coworking space and business centre licensees are not required to submit the Operation Fitness Certificate (OFC).

Is the company required to obtain the Operation Fitness Certificate (OFC)?

Yes, the Operation Fitness Certificate (OFC) is mandatory before occupying the pre-built warehouses and the customized facility built on a plot of land.

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Last Updated on 12/29/2019 9:23:05 PM

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