Ras Al Khaimah Free Zone is situated in the heart of Ras Al Khaimah Emirate and is still developing under the supervision of the ruler of Ras Al Khaimah Free Zone, His Highness Sheikh Saud Bin Saqr Al Qasimi. Ras Al Khaimah Free Zone is renowned as the hub for industrial and commercial clusters. It almost holds more than 50 different fields sectors for entrepreneurs, investors, freelancers, and many more.
Ras Al Khaimah Free Zone consists of six dedicated zones designated to provide more business opportunities to clients and investors from around the globe. The two developed zones of this free zone are the Ras Al Khaimah Free Zone and Ras Al Khaimah Investment Authority Zone, making the Ras Al Khaimah Economic Zone huge.
Business setup in Ras Al Khaimah Free Zone
Ras Al Khaimah Free Zone developed first with two free zones, Ras Al Khaimah Free Trade Zone and Ras Al Khaimah Investment Authority. And now, it has become a hub for investors who wanting to grow their business cost-effectively with almost six dedicated zones. Ras Al Khaimah is one of the UAE’s most popular Emirate with free zones that promoting business development. The strategic location of these free zones makes people more captivated by them, as all of them are in proximity to Ras Al Khaimah Airport and Dubai International Airport, with a closer seaport to the Ras Al Khaimah Free Zone.
If you want to build your business in Ras Al Khaimah Free Zone, the process is very straightforward and will take almost one week. Also, feel free to contact our professional advisors and get yourself on board! The registration stays confidential and will be completed within one week.
Ras Al Khaimah Free Zone – six free zone business parks
Ras Al Khaimah has six business zones for all investors and entrepreneurs to start their businesses according to their requirements.
Al Ghail Industrial Zone
This zone is the most established free zone in Ras Al Khaimah Free Zone and is an ideal option for large-scale manufacturing industries.
Al Hamra Industrial Zone
Al Hamra Industrial Zone is another zone in Ras Al Khaimah Free Zone. It is recognized as a modern hub for light and heavy industrial projects.
RAKEZ Academic Zone
This zone belongs to qualified international-level educational institutions and service providers that offer educational development and training services for the betterment of Ras al Khaimah and, overall, in the UAE.
Al Hulaila Industrial Zone
This zone also belongs to heavy industries and provides opportunities to all investors interested in heavy industrial manufacturing.
Al Nakheel Business Zone
It comprises premium business centers and supports startups, including freelancers, entrepreneurs, and many more.
Al Hamra Business Zone
Al Hamra Business Zone provides a business environment that is a bit away from the city’s hustle and bustle but offers easy access to commercial formations, premier ease, and residential expansions.
Benefits of Ras Al Khaimah Free Zone
Ras al Khaimah Free Zone is the most popular in terms of free zones compared to the other free zones in the UAE. If you are interested in starting your business setup in Ras Al Khaimah, there are many lucrative benefits offered by the Ras Al Khaimah Free Zone.
As it offers you
- Exemption from all types of taxes, including personal, income, and corporate tax
- 100% ownership
- 24 hours working or operating flexibility
- Cost-effective office premises
- Expatriate hiring without any restrictions
- Multiple types of business activities
- No local partner is needed
- Installments payments at low costs
- Special packages for women entrepreneurs
- Proximity to RAK and Dubai International Airports
- Physical presence is not needed to own a company
- Dedicated zones include business, industrial, and academic activities
- Warehouse plus storage facilities
- On-site accommodations available for both staff and labor
RAKEZ license types
Ras Al Khaimah Free Zone offers a wide range of licenses, including.
- Commercial license
Ras Al Khaimah Free Zone offers a commercial license that allows trading activities, including export and import, warehouse, and product storage.
- Educational license
Ras Al Khaimah Free Zone also offers educational licenses to open any institution or a consultation company. Institutes, including colleges, universities, and other language institutes, require this license.
- E-commerce license
An E-commerce license is one of the most common types that is offered in RAKEZ license types. This license allows import and export via electronic means in the Ras al Khaimah Free Zone.
- General trading license
General trading licenses are offered to perform any business related to conducting business activities.
- Industrial license
An industrial license allows companies in Ras Al Khaimah Free Zone to conduct different industrial activities. The activities might include manufacturing, packaging, exporting, and importing products.
- Media license
To run a media field business, you must have a media license. A media license will allow you to do all the services to the media industry, music, and photography, including many related careers.
- Service license – for consultation across any service industry.
- Freelancer license for IT, education, media, and analyst fields.
- Individual or professional license for specific and one-owner activity.
Required documents for Ras Al Khaimah Free Zone company formation
If you are interested in starting your business in the Ras Al Khaimah Free Zone, you must have the required documents. The required documents play an essential role in getting any business license in the UAE and requirements varies according to the type of business and the business activities you will conduct, and sometimes third-party approvals are also required.
Generally, for a company formation in the Ras Al Khaimah Free Zone, the following documents are required to submit:
- Business plan
- Application form
- Colored passport copies (partners or managers)
- Visa copies (partners or managers)
- Client Confirmation Letter (CCL)
- No objection letter (NOC) for UAE residents only
- Memorandum of Association (MoA)
- Article of Association (AoA)
Start your business setup in Ras Al Khaimah Free Zone with EBS
Emirates Business Setup got the best business advisors for your company formation in the Ras Al Khaimah Free Zone. Therefore, if any information is needed for setting up your business in the Ras Al Khaimah Free Zone, we are happy to help you start your business setup in Ras Al Khaimah and will take care of all your registration process. Please feel free to contact us!