Ras Al Khaimah Economic Zone

Ras Al Khaimah Economic Zone (RAKEZ) is one of the largest and most dynamic economic zones in the United Arab Emirates (UAE), located in the emirate of Ras Al Khaimah. Established in 2017, RAKEZ provides a range of business solutions and incentives to attract both local and international companies, contributing to the economic growth and diversification of the region.

RAKEZ offers a strategic location for businesses, situated at the crossroads of Europe, Asia, and Africa. The emirate of Ras Al Khaimah is strategically positioned near major ports and airports, providing excellent connectivity and access to global markets. This advantageous location facilitates international trade and logistics, making it an ideal base for companies involved in import-export activities. Looking to establish your business in RAKEZ or other free zones in Dubai? Partner with trusted business setup services with IncHub for expert guidance and support

One of the key advantages of RAKEZ is its flexible business setup options. The economic zone offers various types of entities, including free zone and non-free zone companies, providing businesses with options that suit their specific needs and requirements. Companies can choose from different license types, such as commercial, industrial, and service licenses, allowing them to operate in a wide range of industries.

RAKEZ offers a business-friendly environment with attractive incentives. These include 100% foreign ownership, allowing companies to have complete control over their operations, and the repatriation of capital and profits. Additionally, RAKEZ provides tax advantages, such as exemption from corporate and personal income taxes, import and export duties, and value-added tax (VAT). These incentives contribute to the cost-effectiveness and profitability of businesses within the economic zone.

The economic zone provides state-of-the-art infrastructure and facilities to support various industries. RAKEZ offers modern office spaces, warehouses, and land plots tailored to the specific needs of different sectors, including manufacturing, trading, consulting services, and logistics. The well-designed infrastructure, advanced technology, and utility services enable companies to operate efficiently and effectively.

RAKEZ is committed to providing excellent customer service and support to its clients. The economic zone offers a streamlined and efficient company registration process, ensuring a smooth and hassle-free setup experience. It provides assistance with licensing, visas, permits, and other administrative requirements, helping businesses navigate the regulatory landscape and save time and effort.

In addition to its business setup and operational benefits, RAKEZ fosters a vibrant and collaborative business community. The economic zone organises networking events, trade fairs, and seminars, creating opportunities for companies to connect, collaborate, and explore new business prospects. RAKEZ’s commitment to innovation and entrepreneurship is evident through its focus on supporting startups and SMEs, providing them with tailored solutions, mentorship programs, and access to funding opportunities.

RAKEZ is also dedicated to promoting sustainable practices and responsible business operations. The economic zone emphasises environmental sustainability and encourages companies to adopt eco-friendly measures and practices. RAKEZ’s initiatives aim to create a greener and more sustainable business ecosystem, contributing to the overall development and well-being of the region.

The emirate of Ras Al Khaimah offers a high quality of life, with modern infrastructure, healthcare facilities, educational institutions, and recreational amenities. It combines the charm of its natural landscapes, including mountains, beaches, and deserts, with a thriving business environment. The emirate’s cultural heritage and rich history further add to its appeal as a place to live and work.

In a Nutshell

In conclusion, Ras Al Khaimah Economic Zone (RAKEZ) provides a business-friendly environment, flexible setup options, attractive incentives, and world-class infrastructure for companies seeking to establish their presence in the UAE. With its strategic location, supportive services, vibrant business community, and commitment to sustainability, RAKEZ has played a significant role in attracting foreign investment, driving economic growth, and positioning Ras Al Khaimah as a preferred business destination in the region. Experience effortless company registration in Dubai with IncHub: Your gateway to success.

Ras Al Khaimah Economic Zone

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