Ras Al Khaimah Economic Zone

Ras Al Khaimah Economic Zone (RAKEZ) is a strategic initiative by the government of Ras Al Khaimah to combine RAK Free Trade Zone (RAKFTZ) and Ras Al Khaimah Investment Authority (RAKIA). RAKEZ is established to amalgamate both authorities in single umbrella along with their 13000 clients and make RAKEZ, the biggest free trade zone in UAE.

RAKFTZ and RAKIA had been contributed a vital role and played as driving forces to the economic development of the emirate of Ras Al Khaimah in the past years. Looking forward to the next level both authorities decided to collaborate in this journey of economic development and gave emerged to RAKEZ in 2017.

RAKEZ is a platform where the investors from varied sector can penetrate local, regional and global markets through setting up of Freezone and Non-Freezone companies. RAKEZ free zone offering five strategic location includes RAKEZ Business Zone, Al Ghail Industrial Zone, Al Hamra Industrial Zone,Al Hulaila Industrial Zone and RAKEZ Academic Zone for all kinds of business registration. Below are the details of Freezone registration.

 Factor Description
Established in 2017
Number of companies More the 13,000 multinational companies form over 100 countries
Industry focus All industries
Limited liability company Yes
Minimum number of shareholder 1
Minimum number of director 1
Corporate shareholder allowed Yes
Corporate director allowed No
Public register of shareholder and director No
Access to UAE Double Taxation Treaties Yes
Port of Free zone No
Allowed to import export goods Yes
Commercial offices Yes
Industrial premises No
Warehousing facility Yes
Accommodation facilities Yes
Prominent companies at Free zone
Location of directors and shareholders meeting Anywhere
Residency visa issued Yes
100% Foreign ownership permitted Yes
100% Repatriation of capital and profits Yes
Corporate, personal and withholding tax Yes
Language English and Arabic
Standard currency of Capital AED

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