Ras Al Khaimah Economic Zone
Ras Al Khaimah Economic Zone — Affordable Trading & Industrial Hub Starting from AED 7,500
What is Ras Al Khaimah Economic Zone?
Merged RAKIA and RAK FTZ into one mega-zone. One of UAE's most affordable and versatile free zones, popular with SMEs and industrial companies.
Merged RAKIA and RAK FTZ into one mega-zone. One of UAE's most affordable and versatile free zones, popular with SMEs and industrial companies.
Key Features & Benefits
- 100% foreign ownership
- 0% corporate/income tax
- One of the most affordable UAE free zones
- 15,000+ companies
- Industrial plots and warehouses available
- RAK located 45min from Dubai
Pricing & Costs
From AED 7,500/yr Year 1 costs, renewals, and multi-year discounts
Pricing & Costs
From AED 7,500/yrYear 1 costs, renewals, and multi-year discounts
Pricing
Ras Al Khaimah Economic Zone — Year 1 Fees
License Packages ⓘ
Starter Package (no visa)
- License
- Registration
Business Package (2 visas)
- License
- 2 visas
- Flexi desk
Industrial Package
- License
- Warehouse
- 3 visas
💡 Multi-year licenses (2–3 years) are eligible for a 15–20% discount when paid upfront.
Government Immigration Fees ⓘ
Renewal Fees ⓘ
All prices are in AED and exclude 5% VAT where applicable. Prices may change — verify directly with the freezone authority before making decisions. Last verified: 12 February 2026
Setup & Documents
5-14 days Step-by-step process, timeline, and required documents
Setup & Documents
5-14 daysStep-by-step process, timeline, and required documents
Setup Roadmap
Your journey from application to fully operational business.
Choose Business Activity
Select your business activity and license type from Ras Al Khaimah Economic Zone's approved list
Reserve Trade Name
Submit trade name application for approval
Submit Documents
Upload passport copies, application form, and supporting documents
Pay License & Registration Fees
Complete payment for license and registration fees to Ras Al Khaimah Economic Zone
Receive Trade License
License issued after document verification and payment confirmation
Apply for Visa & Open Bank Account
Submit visa application and business bank account opening
You're Open for Business!
Document Checklist
Everything you need to register your company with Ras Al Khaimah Economic Zone.
Individual Shareholders
5 documents
- Valid passport (6+ months validity)
- Passport-size photograph
- Emirates ID (if UAE resident)
- Proof of address (utility bill <3 months)
- NOC from current sponsor (if applicable)
Corporate Shareholders
7 documents
- Certificate of Incorporation
- Memorandum & Articles of Association
- Board resolution authorizing UAE setup
- Valid passport of authorized signatory
- Share certificate
- Good standing certificate
- Apostilled/attested documents (if outside GCC)
- Passport copies must show at least 6 months validity from application date
- Documents from outside the GCC may require apostille or attestation
- Upload high-quality colour scans — minimum 300 DPI
- Corporate documents should be certified as true copies
Banking & Payments
3/5 ease · 3 partner banks Bank account opening, partner banks, and payment setup
Banking & Payments
3/5 ease · 3 partner banksBank account opening, partner banks, and payment setup
Banking
Corporate bank account opening with guaranteed IBAN.
Partner Banks
Emirates NBD
Major UAE bank with comprehensive business banking
Mashreq Bank
Digital-first banking with StartUp packages
RAKBANK
SME-friendly banking solutions
Documents Needed
- Apply to 2–3 banks simultaneously to maximise approval chances
- Prepare a clear business plan explaining your revenue model
- Have 3–5 sample contracts or invoices ready — even drafts work
- Consider digital banks like Wio for faster approval and zero minimum balance
Not sure if Ras Al Khaimah Economic Zone is right for you?
Talk to an unbiased FreezoneMatch advisor. We'll help you compare options, avoid hidden costs, and find the best fit — completely free.
Why Ras Al Khaimah Economic Zone?
8 key advantages Key advantages that set this free zone apart
Why Ras Al Khaimah Economic Zone?
8 key advantagesKey advantages that set this free zone apart
Why Ras Al Khaimah Economic Zone?
What makes this free zone stand out.
5-14 Day Setup
Standard company formation timeline. Fully remote setup available — no office visit required.
3 Partner Banks
Banking rated 3/5 (Moderate). Account opening typically takes 2-4 weeks.
Up to 50 Visas
2 years validity. Dependents allowed. Flexible allocation based on package.
0% Corporate Tax
On qualifying free zone income (QFZP status). 100% foreign ownership with full capital repatriation.
Mainland Trading Access
Multiple pathways to the mainland market including DET Permit and branch licensing.
RAK Location
Located in Ras Al Khaimah, 45 minutes from Dubai, with industrial and business park facilities
One of the most affordable UAE free z...
A key advantage of setting up your business in Ras Al Khaimah Economic Zone.
15,000+ companies
A key advantage of setting up your business in Ras Al Khaimah Economic Zone.
- Management and business consultants
- General trading companies
- Manufacturing and industrial companies
- E-commerce and online retail businesses
- Education and training providers
- Solo freelancers or consultants (more affordable options exist)
- Businesses requiring a Dubai or Abu Dhabi address for prestige
Reviews
3.7★ (504 reviews) Customer reviews and alternatives
Reviews
3.7★ (504 reviews)Customer reviews and alternatives
Thanks to Marwa Ahmadi - my consultant, I have had an extremely positive experience with Rakez and the establishing of my license and getting a visa. My consultant was consistently responsive, proactive, available and committed considerate. She answered all my questions and came up with helpful suggestion too. Thanks to Marwa Ahmadi I have had a very positive experience with Rakez She always got back to me when promised with a clear answer and a concrete tailored plan. Highly recommend recommended! Ismahane Ben Smail
I am extremely disappointed with my experience with RAKEZ, and I would not recommend international investors to set up a business there. I moved to the UAE from Australia earlier last year with the intention of establishing my business. My wife had recently converted to Islam, and everything we heard about the UAE as a country welcoming entrepreneurs made us very excited to relocate and invest here. I approached a business setup company with a clear business plan, which I also submitted with my application. From the beginning, I clearly explained that I intended to live and operate my business in Dubai. Unfortunately, I was incorrectly advised to open my company through RAKEZ in Ras Al Khaimah. At the time, I had very little understanding of the difference between free zone and mainland business structures, and this was never properly explained to me. My application remained stuck with immigration for nearly three months, during which the setup company reportedly resubmitted the application four times. This raised serious concerns about whether they knew what they were doing. Eventually, the application was rejected, yet I was never formally informed by the company handling my setup. When I contacted them for answers, I was told to speak with someone from RAKEZ named Zain. Unfortunately, communication was extremely slow and unhelpful. I repeatedly asked for my application reference number, but it was never provided. In the end, I had to personally visit RAKEZ and request the document myself. I submitted multiple complaints to RAKEZ requesting assistance and asking to close the company that had been opened under my name, as I never received any benefit from it. Despite numerous attempts, I received very little support and was constantly redirected back to the setup company. This entire situation caused me significant stress and financial loss. Since arriving in the UAE without my Emirates ID, I had to rely on hotels, rental cars, and other expensive arrangements normally charged to tourists. In total, I have spent over AED 200,000 while dealing with this issue. When I asked for the login details and password to access my business account so I could close it, I was unable to obtain them. Eventually, the setup company verbally asked me to pay AED 10,000 just to close the business, which felt like taking advantage of the situation. I came to the UAE because I trusted its business system and reputation for supporting investors. I arrived with a genuine investment plan and serious intentions. Unfortunately, my experience with this process was very disappointing. On a positive note, after receiving advice from a local UAE resident, I opened a mainland company in Dubai, and the entire process including my visa and my family’s visas was completed in less than 10 days without any issues. My advice to new international investors is to fully understand the difference between free zones and mainland companies before starting the process, and ensure you work with trustworthy advisors. Sadly, this experience has been extremely stressful, and it is something I will never forget or forgive anyone who was involved in my case.
I am really happy and highly satisfied with RAKEZ’s service. The process was fast and straightforward, making it easy to transact. Ms. Marwa Alahmadi stayed with me throughout the entire process and was very proactive in finishing everything efficiently. Her outstanding attitude and hands-on support made a notable difference. I highly recommend RAKEZ to anyone looking to set up a business. Amazing team and excellent service!
A great experience ahead with the team in setting up my company and getting my residency permit. The process was fast, efficient and friendly. I would like very much to give a special thanks to Mr. Ghafoor For being my agent in regards to finishing up my visa and residency permits. He was really very super friendly, very helpful very caring very friendly. I have to say I was super surprised about the level of professionalism and friendship and caring. He showed me while taking care of my file nicely easily and swiftly. Many thanks indeed to the whole team there and special things goes to Mr. Ghafoor.
I am a Canadian citizen, and I am sharing my experience so other international entrepreneurs can better understand the situation I faced. I was dealt by the person Muatasem Awadalla, he works at Rakez. He is really dishonest and non-professional person. I am realy frustrated by Rakez, I lost almost AED 19000 but travelling cost to UAE. I travelled there because I wasa told if you personally visit then visa issue will be resolved but nothing happend. I registered a company with RAKEZ. Before payment, communication was quick and responsive. However, the financial implications and potential deductions were not made fully clear to me in advance. After I paid approximately AED 19,000, the company was formed and my visa application was processed. Unfortunately, the visa was rejected twice. When I visited the RAKEZ office after the rejections, I explained my situation and was told that I had a genuine reason for a full refund if I proceeded with de-registration of the company. Relying on that information, I completed the de-registration process and the company was closed successfully. After closure, I was informed that I would receive only about AED 800, with the rest deducted toward company registration, the two visa applications, and de-registration charges. This final outcome was very different from what I understood based on the discussions at the office. Had the deductions and realistic refund amount been clearly explained earlier, I might have made a different decision. I hope future customers, especially foreign investors, are provided with very transparent, written explanations about possible costs and refund scenarios, particularly when visas are not approved. I would welcome clearer clarification of my case and am willing to update this feedback if the matter is reviewed. Thank you.
Review data as of 29 March 2026. For the latest reviews, visit Google Maps.
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Is Ras Al Khaimah Economic Zone Right for You?
✅ Choose Ras Al Khaimah Economic Zone if you...
- • management and business consultants
- • general trading companies
- • manufacturing and industrial companies
- • e-commerce and online retail businesses
🔄 Consider alternatives if you...
- • solo freelancers or consultants (more affordable options exist)
- • businesses requiring a Dubai or Abu Dhabi address for prestige
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Compare FAQ
7 common questions Common questions about setting up in this free zone
FAQ
7 common questionsCommon questions about setting up in this free zone
Frequently Asked Questions
Common questions about setting up in Ras Al Khaimah Economic Zone.
How much does it cost to set up in Ras Al Khaimah Economic Zone?
How long does it take to set up a company in Ras Al Khaimah Economic Zone?
How many visas can I get with Ras Al Khaimah Economic Zone?
Can I sell to mainland UAE customers with a Ras Al Khaimah Economic Zone license?
Do I pay corporate tax in Ras Al Khaimah Economic Zone?
Do I need a physical office in Ras Al Khaimah Economic Zone?
How do I open a bank account with a Ras Al Khaimah Economic Zone license?
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