RAKEZ Company Formation
We assist our clients to choose the most appropriate solution according to their specific business requirements.
What is RAKEZ Company Formation?
RAKEZ company formation offers businesses a strategic and cost-effective way to establish operations in the UAE. Located in the heart of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) operates under the leadership of His Highness Sheikh Saud Bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah. RAKEZ was formed by consolidating the operations of RAK Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA) to create a unified, investor-friendly business hub.
RAKEZ company formation is highly attractive to foreign investors and entrepreneurs due to its affordable setup costs, flexible licensing solutions, modern infrastructure, and simplified regulations. The economic zone provides a supportive environment for startups, SMEs, and multinational companies seeking sustainable growth and long-term success in the UAE.
As one of the fastest growing free zones in the Middle-East, RAKEZ offers 4 unique free zone parks that suit every foreign investor with their specific requirements for Ras Al Khaimah Economic Zone Freezone Company Setup.
- Branch of a Local Company.
- Branch of a Foreign Company.
- Free Zone Company (FZC) – entity with 2 to 5 shareholders
- Free Zone Establishment (FZE) – entity with one shareholder.
- Free Zone Establishment
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RAKEZ Business License Types
There are several business licences types available in RAKEZ:
01
General Trading License
Permits the companies to store, distribute and import all goods as per the rules and regulations of RAKEZ
02
Commercial Trade License
Allows products trading specified in the license subject to the RAKEZ regulations
03
Service License
Enables the registered entity to carry out specific services like business consultants, lawyers, and accounting firms.
04
Industrial License
Permits the raw materials import, carries out the specific products manufacture, assembling, exporting, and packaging the finished goods to any country.
Benefits of RAKEZ Free Zone
100%
Foreign Ownership
Most of the businesses activities allow full foreign ownership, giving your full control and flexibilty when operating in freezone
Tax
Corporate TAX Advantages
Enjoy a competitive tax environment, including 0% corporate tax for many small businesses and no personal income tax.
Talent
Access to skilled workforce
Benefit from a diverse, highly educated talent pool with access to global expertise across key sectors.
Access
Strategic location for global markets
Operate in a globally connected hub with access to key markets across the Middle East, Africa, Asia and Europe.
Types of Legal Structure
This involves two or more UAE Nationals who are jointly and separately liable for the company’s obligations using their personal funds.
A company formed of one or more general partners who have joint and separate liability, or one or more limited partners who have limited liability proportional to their capital shares.
A business entity in which partners' liability is limited to their capital share. A Limited Liability Company can be established and owned by a UAE national or any other individual or company, regardless of nationality, and can have multiple partners, up to 50.
A company of this type owned by one person only is known as a Limited Liability Company – Single Ownership. It is subject to the same laws and regulations as limited liability companies with multiple owners.
A business owned by one person, who is personally liable for all financial obligations and liabilities incurred by the business.
A company with capital divided into equal negotiable shares, where the founders subscribe to a portion of such shares, while the remainder is offered to the public through a public offering.
A company of this type can have up to 200 shareholders, with the company's capital split equally between shareholders into nominal value shares. Its shares cannot be publicly offered.
When a company of this type is owned by one legal person (either an individual or a company) only, it is known as Private Joint Stock Company – Single Ownership, and the owner's liability for company obligations is limited to the capital specified in its Memorandum of Association. In this case the company's name must include the term "One-Person Private Joint-Stock". It is subject to the same laws and regulations as private joint stock companies with multiple owners.
This is a company owned by two or more partners practising a professional activity such as consultancy, accounting, training, tailors, beauty salons, etc.
Why Choose Taxoryx Services?
At Taxoryx Accounting & Bookkeeping Services LLC, we simplify UAE company setup for entrepreneurs, investors, and corporates by providing:
- Tailored business structure consultation (Mainland, Free Zone, or Offshore)
- Complete license registration and visa processing
- Corporate bank account assistance
- Ongoing compliance, accounting, and tax advisory
- Transparent pricing and fast turnaround
