Start Your Business in Dubai UAE Today | Expert Business Setup with Tahfeel

RAKEZ

Ras Al Khaimah Economic Zone (RAKEZ), a powerful zone free zone, plays a crucial role in supporting startups, SMEs and industrial firms. A desirable location for global enterprises seeking a cost-effective business zone that is strategically located in the UAE to connect with the global business network, RAKEZ is the primary choice for many. Tahfeel, a Free Zone Setup Service in Dubai, is your friend and guide to learn the business operations, license procedures and company formation formalities.

What Is RAKEZ?

RAKEZ was formed by merging Ras Al Khaimah Free Trade Zone (RAK FTZ) and Ras Al Khaimah Investment Authority (RAKIA). These two economic zones merged to form a comprehensive economic zone, and this modern business support system now supports businesses of all scales. It is unique as it functions both as a free zone and a non-free zone authority.

RAKEZ is located strategically to improve the connection between investors and the market. Businesses operating here will have access to the Middle East, North Africa, Europe, and Central and South Asia and can access multiple seaports and an international airport. Modern highway facility and connectivity with major commercial hubs like Dubai is a great advantage for choosing RAKEZ.

Advantages of RAKEZ Free Zone Operations

100% Foreign Ownership & Profit Repatriation

Businesses operating in RAKEZ can experience 100 % foreign ownership, allowing investors to invest without seeking the support of a local sponsor. With this, the international investors can experience complete control over the business.

Tax-Friendly Environment

RAKEZ Free Zone supports businesses with total relaxation of tax. Investors can join this competitive environment with 0 % tax. However, companies have to qualify the requirements to launch their business here.

Global Connectivity at a Key Location

RAKEZ is located in a prime logistical location and allows fast access to primary shipping routes via ports and air cargo facilities. This is beneficial to industries like import/export, manufacturing and logistics-based businesses.

Facilities of Diverse Types & Customizable Spaces

RAKEZ has multiple types of facilities:

  • Flexi-desk/shared workspaces
  • Standard/executive offices
  • Warehousing/light industrial space
    Land plots for manufacturing /expanding

RAKEZ can meet your company’s infrastructure needs regardless of whether you are a service provider, trader, manufacturer or educator.

Simplified Business Setup Process with One-Stop Business Services

RAKEZ prides itself on providing a customer-centric environment. It has a one-stop shop for all business setup services, quick processing of licenses and visa issuance and uses automated services to support its customers with compliance and administrative functions. This reduces the delay in the startup process.

Industries of Business Activities Within RAKEZ

With a wide variety of industry classifications (more than 50) to choose from, RaKEZ offers various license types to match the strategic needs of the company. The major sectors supported are:

●  Manufacturing / Industrial Production

●  Logistics / Distribution

●  Trade and E-commerce

●  Professional Services / Consulting

●  Education / Academic

●  Media / Creative

Because of the diversity of sectors available in RAKEZ, companies moving into RAKEZ can range from small to large-scale businesses.

Business Planning and Operation Assistance

When establishing your operation in RAKEZ, you must first get a Free Zone Licence based on your type of business. Tahfeel will provide you with guidance in order to find the best type of licence for your business and assist with every administrative step needed to successfully establish your operation. This includes:

●  Approval of Company Name

●  Submission of Application for the Licence

●  Verification of Documents and Compliance

●  Issuance of Visas for Owners

With the efficient way RAKEZ manages their system online, combined with the individual support provided by Tahfeel, the majority of all setups can be done quickly, allowing entrepreneurs to spend more time developing their businesses and not on processing issues.

Residence Visas & Integration of Your Work Force

If you have a RAKEZ Licence, you may sponsor Romanian Residence Visas for your owners, partners &/or Employees. Generally speaking, the number of visas you are allowed to sponsor will depend on the type of licence package purchased and the number of office spaces you are allocating. To help you successfully onboard your Workers, Tahfeel assists with Obtaining Visas, Processing Labour Cards and Co-ordinating with Immigration.

Why Choose RAKEZ Through Tahfeel

As a trusted business consultancy firm, Tahfeel Business Setup Service Dubai provides comprehensive

support for your RAKEZ Free Zone operation, including the following:

● Expert assistance in selecting the correct Free Zone and type of operation for your goals

● Preparation of Accurate, Compliant Documentation
● Efficient Submission of Applications & Follow-up with RAKEZ Authority
● Support with Obtaining Visas, Banking, Accounting and Continued Compliance

● Strategic Growth and Expansion Advice within the UAE

RAKEZ

RAKEZ - YOUR PARTNER FOR STARTUP

What is a free zone company in the UAE?
  •   A free zone in the UAE, such as those facilitated by RAKEZ, is an economic area with its own business regulations that do not apply to businesses outside the zone. Free zone companies trade services and products, while leveraging special tax and foreign ownership laws. A free zone company in the UAE, such as those facilitated by RAKEZ, is an entity that enjoys numerous advantages, including tax exemptions, full foreign ownership and simplified business regulations within designated RAK economic zones.
How can a free zone business owner get a visa in the UAE?
  •   Acquiring a visa in the UAE for a free zone business, particularly through entities like RAKEZ, involves initiating the company set-up process within the designated free trade zone in the UAE. This includes submitting necessary documentation, meeting specific criteria and complying with the regulations set by RAKEZ.
What are the benefits of setting up a business in a free zone in the UAE?
  •   Setting up a business in a UAE business zone, such as the Ras Al Khaimah Economic Zone (RAKEZ), comes with benefits.
Why choose RAKEZ for a business set-up in Ras Al Khaimah?
  •   RAKEZ free zone is a preferred choice for business set-up in Ras Al Khaimah due to its strategic location, comprehensive business solutions and a track record of supporting over 30,000 companies across diverse sectors. Its services, including customisable facilities and support services, are ideal for entrepreneurs.
Is RAKEZ only for industrial businesses, or does it support other sectors?
  •   RAKEZ is a versatile economic zone that supports businesses across various sectors, not limited to industrial ventures. It caters to the diverse needs of companies in over 50 sectors, making it an inclusive platform for startups, SMEs and global manufacturing players.
What is the primary focus of the Al Nakheel Business Zone at RAKEZ?
  •   Al Nakheel Business Zone is dedicated to providing a premier business environment tailored to the needs of startups, entrepreneurs, freelancers and SMEs
How do I set up a company in a free zone in the UAE?
  •   Setting up a free zone company in the UAE is a streamlined process, offering numerous benefits such as full ownership, tax exemptions, and modern infrastructure. This guide will help you navigate the steps for successful company formation.