Ras Al Khaimah Economic Zone (RAKEZ)

Ras Al Khaimah Economic Zone (RAKEZ) located in Ras Al Khaimah, is a trading and industrial hub established in 2000 and now hosts over 8,000 companies from across the world.

RAKEZ provides resourceful solutions for business setup in the UAE with access to the MENA, Europe, and Asia markets through major sea and airports.

Supporting startups, freelancers, women entrepreneurs, and SMEs with a wide array of licences, tailor-made business setup packages, flexible facilities, and seamless support services, RAKEZ is undoubtedly one of the fastest-growing free zones in the UAE.

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Why to choose RAKEZ for business setup in UAE?

RAKEZ free zone has already created four Free Zone Parks distinct systems dedicated to different industries: RAK Free Trade zone Business Park, RAK Free Trade Zone Industrial Park, RAK Investment Authority Zone, RAK Media Free Zone, RAK Free Trade Zone Technology Park, and Academic Zone.

  • Comprehensive Business Setup Packages

    RAKEZ has customised business setup packages as per the entrepreneur's requirements with a fast company registration process and service support from the authorities.

  • Flexible Workstations & Office Options

    RAKEZ offers flexible, cost-effective, and convenient office options for entrepreneurs to set up a business: Flexi-desk and co-working spaces, standard offices, warehouses, and customisable workspace.

  • Multiple Business Activities

    Compared to other free zones, the RAKEZ has specific licences that allow investors to engage in various economic activities ranging from education to the media sector.

  • Business Package for Women Entrepreneurs

    RAKEZ BusinessWomen Package is an ideal business setup option for women entrepreneurs to kick-start businesses with minimum investment. With incentives and other value-added services, RAKEZ provides an ecosystem for over 760 businesswomen in the UAE.

What type of Free Zone licences are offered by the RAKEZ Free Zone?

  • Commercial Licence and General Trading Licence

    A commercial licence allows individuals to trade goods and services. And the general trading licence provides companies with import, export, warehouse, storage, and distribution.

  • Educational Licence

    With an educational licence, one can open educational institutions or consultancy firms related to the sector.

  • E-Commerce Licence

    An E-commerce Licence allows individuals to trade products and services through online marketplaces.

  • Freelancer Permit

    RAKEZ provides a freelance licence for IT, media, analysts, and education to professionals to be a freelancer in the UAE.

  • Professional Licence

    With a professional licence, individuals can engage in professional services in a specific area of knowledge.

  • Consultancy & Services Licence

    Service Licence permit allows activities such as finance, investment, consulting services, legal, economic, and management. Other activities include a restaurant, catering, travel, real estate, cargo, and logistics.

  • Media Licence

    A media licence allows one to operate any advertising, communication, and media-related business activities.

  • Industrial Licence

    RAKEZ industrial licence facilitates business activities such as manufacturing, processing, packaging, and distribution or export of products.

    It is mandatory to acquire Feasibility and environmental impact studies clearance from the RAK trade zone.

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How can Ascent Partners help?

Ascent Partners is a boutique consulting firm located in Dubai, UAE. With unparalleled, extensive experience and proven track record of its founders and partners, we aim to advise and aid businesses to scale their presence in the country.

We believe that a well-planned foundation empowers businesses to scale. Our depth of knowledge in multiple jurisdictions along with relevant experience helps us guide you throughout all strategic phases of your business, ranging from licence registration and expansion to market flotation and exit.

We at Ascent Partners can help you establish your business with services and infrastructure tailored to your needs.

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