Situated in the heart of the emirate of Ras Al Khaimah in the United Arab Emirates, Ras Al Khaimah Economic Zone (RAKEZ) stands as a business powerhouse and leading industrial hub. Serving as a business licensing authority, RAKEZ offers customizable solutions for UAE company formation to both free zone and non-free zone businesses within a multinational community of over 21,000 companies thriving across more than 50 sectors.
Established by the Government of Ras Al Khaimah, RAKEZ ranks among the largest economic zones in the region, providing support to startups, entrepreneurs, SMEs, and industrialists throughout their business setup processes and requirements. The zone offers a wide array of business licenses in the UAE, residence visa services, customizable facilities, as well as a host of value-added support services such as accounting, translation, bank account opening, recruitment, procurement, marketing, and more.
1. Only one shareholder and director are required to establish the company, simplifying the setup process.
2. Corporate shareholders are permitted, and there are no restrictions on the number of shareholders.
3. The UAE participates in the Double Taxation Avoidance Agreement with over 90 countries, helping to prevent double taxation.
4. Ras Al Khaimah license renewal fees are payable annually, simplifying the fee structure for businesses operating in the region.
5. Wide range of Business Opportunities available to opt for Ras Al Khaimah Company setup
6. Low Set Up Costs
7. Ability to add multiple business with ease