RAK FTZ
Founded in 2017, Ras Al Khaimah Economic Zone is a world class free zone that has consolidated two free zones of Ras Al Khaimah i.e.
RAK Free Trade Zone – RAK FTZ (established in 2000) and RAK Investment Authority – RAKIA (established in 2005). RAK Economic Zone provides highly personalized facilities and services within a well-organized ecosystem in the emirate of Ras Al Khaimah. Located in the heart of Ras Al Khaimah, RAK Economic Zone oversees and consolidates specialized parks and clients of both RAK FTZ and RAKIA. It offers a cost effective business setup in UAE to local and foreign investors that includes customizable packages and world class facilities so that they can penetrate local, regional and international markets by setting up a company in RAKEZ. With integration of two free zones of RAK, RAKEZ is now a preferred business destination of more than 13,000 multinational companies from over 100 countries constituting more than 50 sectors.
Types of License in RAKEZ
Commercial
General Trading
Media
Educational
Individual
Professional
E-Commerce
Industrial
Services
RAKEZ Zones
RAKEZ Business Zone
For trading, service and consultancy businesses.
AL HULAILA Industrial Zone
For manufacturing, industrial projects, trading, assembly & logistics
AL HAMRA Industrial Zone
For manufacturing, industrial projects, trading, assembly & logistics
RAKEZ Academic Zone
For schools, universities, institutes, academic consultancy and services.
AL GHAIL Industrial Zone
For manufacturing, industrial projects, trading, assembly & logistics
RAKEZ Media Zone
For Radio, TV, Magazines, Broadcast, Film Production, Events Management, etc.
Strong foundation for Successful Future
Advantages to Setup a Company in RAKEZ
- Free zone and non-free zone company formation
- 100% foreign ownership
- 100% exemption from corporate and personal income tax
- Businesses allowed to use all forms of currencies
- Complete profit repatriation
- Customs duty is exempted on re-exported goods
- Quick and hassle-free business setup processes
- Lower cost of doing business
- Wide range of business development and industrial facilities and value added services
- Self-service customer portal
- Can build on-site staff and accommodate labor
- Access to main logistical hubs and multilane super highways
- Connectivity through international spread of regional offices
- Easy access to markets across the Middle East, Europe, North Africa and Asia regions
- One-stop shop facility for free zone company formation and business support