RAKEZ, the Ras Al Khaimah Economic Zone, is a government economic zone in Ras Al Khaimah, run by the RAK Economic Zone Authority under Law No. 2 of 2017. It forms free zone and non-free zone companies across five zones and reports more than 50,000 companies.

Choose your activities, licence category and facility, then submit RAKEZ's registration application with passports, UBO declarations and any corporate documents. After approval, you sign the memorandum and lease, pay the fees and receive the licence. Visas and banking follow.

There is no single price. RAKEZ sells customisable packages, and the total depends on the licence category and term, activities, facility, visas, approvals and professional fees. Renewals and the annual audit recur, so budget beyond the first year.

Individual shareholders usually provide colour passport copies, a UAE visa copy or entry stamp, an Emirates ID if resident, a UBO declaration and, where needed, a sponsor NOC. Corporate shareholders and branches add a resolution, trade licence, memorandum, register extract and good standing certificate.

Yes. A RAKEZ free zone company can be fully foreign-owned, and RAKEZ states that owners do not need to be UAE residents. Ownership rules for non-free zone companies depend on the activity, and every owner passes RAKEZ's compliance checks.

RAKEZ offers ten licence categories, including commercial, general trading, industrial, service, professional, e-commerce, media and educational licences and a freelancer permit, in free zone and non-free zone versions. Some activities need approval from another UAE authority.

Yes, subject to eligibility. RAKEZ processes entry permits, medicals, Emirates ID and residence visas for its companies. Eligibility depends on the facility: flexi facilities cover investor, partner and manager visas, so larger teams need office or warehouse space.

You need a RAKEZ facility, but for commercial, service and general trading licences it can be a flexi desk or shared office. Industrial activities usually need a warehouse or land, and more visas may require more space.

A RAKEZ free zone company serves the free zone and international markets, while a Dubai mainland company, licensed by Dubai's Department of Economy and Tourism, trades directly across the UAE. RAKEZ clients can reach the Ras Al Khaimah mainland through a dual licence or a non-free zone company.

Yes. Every RAKEZ company must register with the Federal Tax Authority, within three months of incorporation if formed on or after 1 March 2024. Free zone companies may qualify for 0% on qualifying income, while non-free zone companies pay the standard rates.

Only once it crosses a threshold: registration is mandatory when taxable supplies and imports exceed AED 375,000 over 12 months, or are expected to within 30 days, and voluntary above AED 187,500. Some RAKEZ industrial zones are VAT designated zones, which affects certain goods supplies.

Yes. RAKEZ requires every company to submit audited financial statements within six months of its financial year end, prepared by a RAKEZ approved auditor. A Qualifying Free Zone Person also needs audited statements for Corporate Tax.

Yes. KGRN Chartered Accountants compares free zone, dual and non-free zone options, coordinates documents and RAKEZ's steps, then supports accounting, the annual audit, Corporate Tax, VAT and compliance. Licences, approvals and visas are issued by the authorities. Call or WhatsApp +971 54 586 4906.