Company Formation
The RAKEZ or Ras Al Khaimah Economic Zone offers a very simplified business setup in the free zone through a fast and simple company formation process. RAKEZ offers flexible office space, warehouses, and industrial facilities for all sizes of business setups-from a small startup to larger corporations. Business setup is readily done without much hassle and by registering simple procedures with competitive packages.
Companies in RAKEZ are allowed to have 100% foreign ownership, fully repatriate all profits, and enjoy tax exemptions that make it an ideal destination for businesses around the world. It is strategically located to provide access to major markets across the Middle East, Europe, Asia, and Africa to assist in opening more geographical markets. Moreover, RAKEZ boasts a first-class infrastructure with numerous support services, making it highly attractive for companies seeking growth business opportunities within the booming UAE economy.
1. Market Access and Business Flexibility
RAKEZ Freezone gives you access to major markets in the Middle East, Europe, Asia, and Africa directly. The free zone is strategically located within the UAE, making it an ideal starting point for companies that want to begin globally. Also, the business setup structures are flexible, providing legal structures to companies that elect office/operational needs, whether start-ups or established businesses.
2. Competitive Costs and Infrastructure
RAKEZ Freezone has a cost-competitive structure; it offers a business setup at affordable prices to minimize the initial investment. Apart from the reduced cost, the free zone features top infrastructures with sublime office spaces, warehouses, and industrial facilities that cater to the different needs of businesses from different sectors.
3. Tax Benefits and Ownership Advantages
The businesses operating in the RAKEZ Freezone greatly benefitted through huge financial incentives. 100% foreign ownership offers full control over ventures. Tax exemptions on corporate as well as personal income coupled with the repatriation of 100% of profits make RAKEZ an attractive option for global investors and entrepreneurs looking for long-term growth opportunities.
RAKEZ provides a variety of licences for free zone companies, including:
This licence type is the most widely used and enables you to trade a variety of goods and services.
This licence permits you to run a commercial business like a restaurant, motel, or retail store.
This licence enables you to run an industrial firm, such as a manufacturing plant or warehouse.
This licence permits you to establish a branch or office for an existing company in the free zone.
The RAKEZ business formation process is clearly laid out, and Reyson Badger Business Setup will support you at every stage. Our professionals will walk you through each of the following steps:
1. Choose your legal structure and business activities.
Choose your business model and ensure it is approved under RAKEZ Free Zone. Also, choose a legal structure that your company will have, in this case, LLC (Limited Liability Company).
2. Documentation and the business plan
Create a thorough business strategy and collect all of the documents needed to set up the company. Reyson Badger will take care of all of the documentation, ensuring that you fulfil all legal obligations.
3. Get a trade licence
After deciding on a business activity, you must apply for a trade licence from RAKEZ. There are various sorts of RAKEZ licences available. Our RAKEZ free zone firm formation advisors will help you obtain basic permits and trade licences.
4. Create a bank account.
To make your financial transactions easier, our professionals walk you through the process of obtaining a corporate bank account.
5. Register your company
Once you have a trading licence and a bank account, you must register your firm with RAKEZ. Our excellent company formation services make the registration process straightforward.
6. Visa Application
If you need visas for shareholders or workers, send the required documents for processing.
7. Commence operations.
Once you have your business licence and visas, you can begin operating in the RAKEZ Free Zone.
Reyson Badger is your trusted partner for setting up a business in RAKEZ Freezone. With our expertise, we simplify the entire company formation process, ensuring a hassle-free experience from start to finish. Our team offers personalised guidance, fast-track options, and comprehensive support to help you take full advantage of RAKEZ’s strategic location, 100% foreign ownership, tax benefits, and world-class infrastructure. Whether you're a startup or an established enterprise, Reyson Badger is committed to providing the best solutions to help your business thrive in the UAE’s dynamic market. Choose us for expert advice and a seamless business setup process in RAKEZ.