Ras Al Khaimah Economic Zone (RAKEZ)
The honourable sheikhdom of each emirate has always been proactive in the development of the land. The long standing visions of the sheikhs and their determination is one of the major reasons for such amazing advancement of each emirates. No doubt, the fortitude of His Highness Sheikh Saud bin Saqr Al Qasimi, United Arab Emirates Supreme Council Member and Ruler of Ras Al Khaimah was one of the driving factors behind the establishment of Ras Al Khaimah Economic Zone (RAKEZ) to coordinate among Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA) which were established in 2000 and 2005 respectively. In 2018, RAKEZ has flourished to become the ultimate destination and home for 13000 multinational companies representing 100 different countries in 50 different segments.
Your ideal business idea + our experts in action = successful business
ADVANTAGES OF BUSINESS SETUP IN RAKEZ
- No corporate and personal income tax
- 100% ownership & profit repatriation
- No customs duty on re-exported goods
- Cost effective flexi facilities
- Warehouses – the cost-effective warehouses in a variety of sizes available, located in proximity to seaports and airports
- Industrial Land – unlimited space to grow your industrial operations with the plots of land for development
WANT TO SETUP YOUR BUSINESS IN RAS AL KHAIMAH ECONOMIC ZONE?
The expert action and the professional approach of Credentone DMCC have always made us unique in the business consultancy industry. We listen to your idea and then matches it with the available legal frameworks gives you excellent business structure. We ensure all our support from the formation of your business to its growth and further advancement.
Think business Think CredentOne.
Estimate for New Free Zone Company in RAKEZ (RAKEZ)
A smart entrepreneur will always look for the estimate and initial costs for the setting up his/her business as the first step. This page will give you an outline on different types of licenses, General Cost for setting-up a company in RAKEZ, per expenses as follows:
1.Types of Facilities available .
The fees and cost depends upon on facilities availed such as visa eligibility, the office facility and type of ownership (FZE – one single ownership and FZ LLC is partnership from 2 to 5 partners).
Commercial – FZE
Facility – visa eligibility | First Year (AED) | Second Year (AED) |
Flexi Desk – 0 Visa | 14,800 | 13,800 |
Flexi Desk – 1 Visa | 19,800 | 18,800 |
Flexi Desk – 2 Visa (*A.D.) | 24,500 | 23,500 |
Flexi Office – 2 Visa | 22,400 | 21,400 |
Standard Office – 3 Visa | 30,500 | 29,500 |
Standard Office – 3 Visa (*Al Hamra) | 25,150 | 24,150 |
Executive Office – 4 Visa | 40,500 | 39,500 |
Executive Office – 4 Visa (*Al Hamra) | 37,800 | 36,800 |
Commercial – FZ LLC
Facility – visa eligibility | First Year (AED) | Second Year (AED) |
Flexi Desk – 0 Visa | 17,300 | 13,800 |
Flexi Desk – 1 Visa | 22,300 | 18,800 |
Flexi Desk – 2 Visa (*A.D.) | 27,000 | 23,500 |
Flexi Office – 2 Visa | 24,900 | 21,400 |
Standard Office – 3 Visa | 33,000 | 29,500 |
Standard Office – 3 Visa (*Al Hamra) | 27,650 | 24,150 |
Executive Office – 4 Visa | 43,000 | 39,500 |
Executive Office – 4 Visa (*Al Hamra) | 40,300 | 36,800 |
Services License – FZE
Facility – visa eligibility | First Year (AED) | Second Year (AED) |
Flexi Desk – 0 Visa | 18,300 | 17,300 |
Flexi Desk – 1 Visa | 23,300 | 22,300 |
Flexi Desk – 2 Visa (*A.D.) | 28,000 | 27,000 |
Flexi Office – 2 Visa | 25,900 | 24,900 |
Standard Office – 3 Visa | 34,000 | 33,000 |
Standard Office – 3 Visa (*Al Hamra) | 28,650 | 27,650 |
Executive Office – 4 Visa | 44,000 | 43,000 |