The RAKEZ Free Zone is a highly regarded business hub in the UAE, offering exceptional opportunities for companies looking to establish a presence in one of the world’s most dynamic economies. Located in Ras Al Khaimah, this free zone provides a strategic base for businesses seeking access to international markets, tax incentives and a range of flexible options for company formation.
As the leading business service provider in Dubai, we understand the importance of selecting the right free zone for your company’s needs, and RAKEZ stands out for its competitive advantages. In this post, we will explore what the RAKEZ Free Zone has to offer, including its unique features, benefits and the associated costs, so you can make an informed decision when setting up your business.
RAKEZ free zone: What are free zones?
Before we delve into the specifics of RAKEZ free zone, first let us examine what free zones are. Free zones are designated areas within a country that offer businesses incentives such as tax exemptions, full foreign ownership and simplified regulations. These zones are created to attract foreign investment and stimulate economic growth by offering a more favourable environment for business operations. In the UAE, free zones are particularly popular due to the country’s strategic location, advanced infrastructure and business-friendly policies.
For businesses looking to set up in the UAE, there are over 40 free zones to choose from, each offering unique benefits tailored to specific industries. These free zones are spread across various emirates, providing a range of options for businesses of all sizes and sectors. While some free zones are industry-specific, such as technology, media or healthcare, others, like the RAKEZ Free Zone, offer flexibility across multiple sectors. With their competitive advantages, free zones in the UAE are designed to foster business growth and innovation in a tax-efficient and supportive environment.
The benefits of RAKEZ free zone
RAKEZ free zone offers a range of benefits that make it an attractive choice for businesses looking to establish a presence in the UAE. Whether you are a start-up, SME or a multinational corporation, RAKEZ provides a flexible and efficient platform to help your business thrive. Here are some key benefits of setting up a business in RAKEZ:
- 100% foreign ownership: RAKEZ allows foreign investors to fully own their companies, which is a major advantage for international entrepreneurs seeking to control their businesses without the need for a local partner.
- Tax incentives: RAKEZ free zone companies enjoy a range of tax benefits, including 100% corporate tax exemptions for a set period, helping companies minimise operational costs and maximise profitability. This advantage is particularly beneficial in the current business climate.
- No import or export duties: Companies operating in RAKEZ free zone are exempt from import and export duties, which significantly reduces operational costs for businesses involved in international trade.
- 100% capital and profit repatriation: RAKEZ free zone companies can repatriate 100% of their capital and profits, allowing companies to move funds freely between the UAE and other countries, enhancing financial flexibility.
- Modern infrastructure: RAKEZ is equipped with state-of-the-art infrastructure, including business centres, industrial facilities and logistics hubs, ensuring that companies have the necessary resources to operate efficiently and effectively.
- Easy company setup: Setting up a business in RAKEZ is straightforward, with streamlined processes for licensing, registration and visa applications. The free zone offers a supportive environment that reduces bureaucratic hurdles, allowing businesses to start operations quickly.
- Access to global markets: Located in a strategic position within the UAE, RAKEZ provides easy access to the Middle East, Africa, Europe and Asia, making it an ideal location for businesses looking to expand internationally.
By choosing RAKEZ free zone, businesses can take advantage of these and many other benefits, ensuring a smooth and successful launch in one of the world’s most business-friendly environments.
RAKEZ free zone corporate tax rates
RAKEZ free zone corporate tax rates are highly competitive and designed to attract entrepreneurs and international businesses. Companies operating within RAKEZ that conduct their activities exclusively inside the free zone or outside the UAE benefit from a 0% corporate tax rate, in line with the UAE’s federal corporate tax regime for qualifying free zone entities. This makes RAKEZ an attractive base for cost-effective and compliant operations in the region.
RAKEZ free zone: cost of setting up
One of the key advantages of setting up your business in RAKEZ is its affordable and flexible pricing structure. The free zone offers cost-effective solutions that include licence fees, office space and visa quotas, allowing you to launch your company without the heavy financial burden typically associated with international expansion. Whether you choose a flexi-desk, shared workspace or full-fledged office, RAKEZ free zone has the option that fits your budget and business needs.
When you set up your company through Europe Emirates Group, you pay the same rates as you would directly at the RAKEZ registry, but with the added benefit of our expert support at every step. From paperwork to compliance, we handle the entire process, making your setup fast, stress-free, and fully compliant, so you can focus on what matters most: growing your business.
We invite you to schedule a complimentary consultation with one of our specialists today to take the first step toward a smarter, simpler business setup in RAKEZ free zone.
