RAK Economic Zone (RAKEZ) is Ras Al Khaimah’s flagship free zone and one of the most dynamic business destinations in the UAE. Established with the vision of transforming the Northern Emirates into a global economic hub, RAKEZ offers exceptional value propositions for entrepreneurs, traders, manufacturers, and service providers seeking cost-effective business expansion with access to regional markets.

Operating under UAE Federal Law No. 2 of 2015 and amendments allowing 100% foreign ownership, RAKEZ has become home to over 15,000 companies spanning trading, manufacturing, technology, logistics, and professional services sectors. The zone spans over 13 square kilometers with world-class infrastructure including manufacturing facilities, warehousing, office parks, and industrial zones designed to accommodate diverse business activities.

RAKEZ’s strategic advantages include competitive office and warehouse rental rates (30-40% lower than Dubai), zero corporate tax for 50 years, simplified regulatory procedures, and seamless connectivity to regional and international markets. The zone attracts international companies seeking cost efficiency without compromising on infrastructure quality, making it an ideal choice for startups, SMEs, and multinational enterprises looking to optimize operational costs while maintaining professional standards.

YABS.AE streamlines the RAKEZ company formation process through expert consultation, comprehensive documentation support, and efficient regulatory coordination. Our established relationships with RAKEZ authorities enable expedited processing while maintaining full compliance with regulations.

The RAKEZ Setup Process

Step 1: Consultation & Business Evaluation (1-2 Days) – Our specialists discuss your business model, identify optimal license category, and assess viability within RAKEZ regulations. We evaluate capital requirements, space needs, and operational considerations to design your ideal business structure.

Step 2: Documentation Preparation (3-5 Days) – We prepare all required documents including business plan, memorandum of association, articles of association, passport copies, bank references, and proof of address. For warehouse or manufacturing operations, we assist with space allocation or virtual office solutions.

Step 3: Application Submission (7-10 Days) – Our team submits your complete application to RAKEZ authorities and manages all regulatory coordination. We handle communication with RAKEZ, Department of Economic Development, and ministry departments to expedite approvals.

Step 4: License Issuance (3-5 Days) – Upon approval, we coordinate license issuance, business establishment registration, and delivery of all original documents. You receive commercial license, establishment card, and ministry registration details.

Step 5: Banking & Post-Setup (5-7 Days) – We assist with corporate bank account opening and provide compliance guidance for ongoing operations. Our team remains available for renewal services, activity modifications, and business expansion support.

Establishing a company in RAKEZ requires meeting specific eligibility criteria and submitting comprehensive documentation. YABS.AE manages the entire documentation process to ensure smooth approval from authorities.

Eligibility Criteria

• Business activity must be legal and non-prohibited in UAE
• Minimum initial capital (typically AED 15,000 – AED 50,000)
• At least one authorized signatory (can be non-resident)
• Valid passport and financial references
• Compliance with RAKEZ and UAE commercial regulations

Required Documentation Checklist

YABS.AE offers competitive, transparent pricing for RAKEZ company setup. Our three-tier packages provide flexibility for different business needs while ensuring professional service delivery and regulatory compliance.

Additional Regulatory Costs

• RAKEZ License Fee: AED 2,000 – AED 6,500 (varies by license type)
• Business Registration: AED 350
• Ministry of Economy Fee: AED 300
• Office/Warehouse Space: AED 2,500 – AED 5,000 annually (or virtual office AED 500-1,200)
• Initial Capital Deposit: Minimum AED 15,000

Payment Terms

A 30% deposit initiates the process; 70% is due upon successful license issuance. YABS.AE guarantees full refund or free re-submission if rejection occurs due to our error.

YABS.AE is the preferred RAKEZ setup partner for hundreds of entrepreneurs and companies. Our expertise spans RAKEZ regulations, expedited processing, comprehensive documentation, and ongoing compliance support that ensures business success in the economic zone.