Ras Al Khaimah Economic Zone

Wayz Advisory is proud to be partners with RAK Economic Zone to help you setup your business in RAK and the UAE. Choose us to ensure a seamless and rewarding experience!

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About RAKEZ

Ras Al Khaimah Economic Zone (RAKEZ) is one of the UAE’s leading free zones, offering a strategic location for businesses looking to establish or expand in the Middle East. RAKEZ provides a cost-effective, business-friendly environment with a variety of flexible setup packages for entrepreneurs, SMEs, and large corporations.

Why RAKEZ?

Affordable and Value-Unlocking Packages

Enjoy cost-effective business setup solutions designed to maximize value.

Flexible Payment Options

Split your setup costs into two easy installments or choose multi-year plans for even greater flexibility.

Multiple Business Activities

Select from a range of activities like General Trading, E-commerce, and Consultancy under a single business license.

Price Guarantee for Renewal

Keep the same price on renewals, with 1 visa included in both single and multi-year packages.

Package Upgrade Flexibility

Easily upgrade your package with no amendment fees.

Strategic Banking Partnerships

Benefit from partnerships with leading banks like RAKBANK, WIO, Mashreq, and CBD for easy account setup.

Add Extra Visas

Add up to 3 additional visas anytime throughout your company’s lifetime with simple add-on fees.

Multi-Year Package Options

Choose from 1 to 10-year packages tailored to your business needs.

Unlimited Access to Coworking Facilities

Enjoy free access to Compass Coworking Centre for networking and business support.

Bank Account Support

Receive a coworking facility lease agreement to assist with opening your business bank account.

Fully Digital Process

Seamless online registration and renewal process with no physical presence required for shareholders.

Interest-Free Payment Plans

Pay with 0% interest using partner banks such as ADCB, ENBD, RAKBANK, CBD, and EIB.

How We Make it Easier

Expert Guidance

We handle every aspect of your business setup in KSA, from licensing to registration, ensuring a smooth and hassle-free process.

Customized Packages

We tailor RAKEZ business setup solutions to meet your unique requirements, ensuring you get the right package without overpaying.

Hassle-Free Documentation

We handle all the necessary paperwork and ensure a smooth application process, so you can focus on growing your business.

Quick Company Formation

Our efficient processes reduce the time it takes to set up your business, so you can focus on growth and operations.

Compliance Management

We ensure your business meets all regulatory requirements, giving you peace of mind as you launch in Saudi Arabia.

Local Market Insights

Our advisory services include valuable market research and insights to help you make informed business decisions.

RAKEZ Zones

RAKEZ has multiple specialised zones for you to conduct your business

Al Ghail Industrial Zone

Perfect for Industrial Manufacturing Businesses

Al Hamra Industrial Zone

Ideal for Light to Heavy Industrial Ventures

Rakez Academic Zone

Specialised for Academic Offerings and Related Services

Al Hulaila Industrial Zone

Well-suited for heavy industrial projects

Al Nakheel Business Zone

Ideal for the modern business person whether SME or Freelancing

Al Hamra Business Zone

Strategic Location easily reachable by all emirates for all things business

FAQs

What is RAKEZ, and why should I choose it for my business setup?
RAKEZ (Ras Al Khaimah Economic Zone) is a leading free zone in the UAE offering a cost-effective and business-friendly environment. It caters to a wide range of industries, from trading to e-commerce and manufacturing, with flexible packages, all-inclusive pricing, and a fully digital setup process. RAKEZ also provides access to regional markets, networking facilities, and strategic partnerships with top local banks for easy business banking solutions.
What are the main business activities I can choose under a RAKEZ license?
RAKEZ offers a variety of business activities including General Trading, Consultancy, E-commerce, Manufacturing, and more. You can select multiple activities under a single license, allowing you to diversify your business offerings within one setup.
What is the cost of setting up a company in RAKEZ?
The cost of setting up a company in RAKEZ depends on the type of business activity, package, and number of visas required. RAKEZ provides affordable, all-inclusive packages that cover your business license and one UAE residence visa. Wayz Advisory can help you tailor a package that fits your needs and budget.
How long does the RAKEZ company incorporation process take?
The setup process in RAKEZ is efficient and fully digital. Once all documents are submitted, incorporation can take as little as 2-3 working days. This fast-tracked process ensures that you can start your business operations quickly and without delay.
What documents are required to set up a business in RAKEZ?

The basic documents required include a passport copy, passport-sized photos, a business plan (depending on the business activity), and proof of address. Depending on your chosen package and business type, additional documents may be required, which Wayz Advisory will help you prepare and submit.

How many visas can I apply for with a RAKEZ company setup?
RAKEZ offers packages that include one UAE residence visa with the option to add up to 3 additional visas. Visa-related costs are included in your initial package and can be easily renewed alongside your business license.
Can I open a bank account with a RAKEZ company setup?
Yes, RAKEZ has strategic partnerships with several top UAE banks including RAKBANK, WIO, Mashreq, and CBD to facilitate easy business account openings. With every setup package, you receive a coworking facility lease agreement, which helps streamline the bank account application process.
Is it possible to upgrade my RAKEZ package after setup?
Yes, RAKEZ allows for easy upgrades of your package at any point without any amendment charges. Whether you need to add additional activities or expand your visa quota, Wayz Advisory can assist you in upgrading your package to meet your growing business needs.
What payment options are available for RAKEZ company setup?
RAKEZ offers flexible payment plans, allowing you to split the cost into easy installments. You can also opt for multi-year packages that provide additional payment flexibility. Additionally, RAKEZ has partnerships with banks like ADCB, ENBD, RAKBANK, CBD, and EIB, which offer 0% interest payment plans for company setup and related fees.