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Freezone King

Ras Al Khaimah Economic Zone (RAKEZ)

Ras Al KhaimahEst. 2017Updated Nov 2026

Packages from
AED 4,120
Estimated price
Setup time
~5 working days
Visa quota
Up to 6
Activities
Up to 6 per licence
Office
Flexi-desk, Shared office, Private office, Warehouse
Renewal from
AED 6,180

Quick answer

RAKEZ (Ras Al Khaimah Economic Zone) is the government authority that licenses free zone and non-free zone companies across several business and industrial areas in Ras Al Khaimah. It suits cost-conscious founders, small traders and consultants, and also manufacturers who need land or warehouses. A no-visa licence starts from around AED 6,000 a year, and a one-visa setup typically lands around AED 12,000 to 15,000 in fees before medical and ID costs. A licence is usually issued within a few working days once documents are complete.

What a RAKEZ company costs

Prices checked 7 November 2026

In 2026 a RAKEZ licence typically starts from around AED 6,000 without a visa, and each residence visa adds about AED 4,500 to 6,000 once immigration, medical and ID fees are counted. These are market estimates gathered from public package pages and setup providers, not an official RAKEZ tariff, so confirm the current fee on a quotation before you pay.

Cost itemTypical estimateNotes
Licence and registration (zero-visa package)Around AED 5,500 – 6,500Includes registration and a flexi facility in most promotions
One-visa packageTypically AED 12,000 – 14,000 in totalPrice depends on facility type and promotions
Establishment card and immigration fileApproximately AED 1,000 – 1,500
Residence visa per person (all-in)Around AED 4,500 – 6,000Employee visas sit lower, investor or partner visas a little higher; status change adds a bit
Executive office upgrade (optional)Roughly AED 15,000 – 30,000 a yearVaries by zone and size
Warehouse lease (optional)Quoted per square metre; small units from around AED 30,000 a yearAl Hamra Industrial units start from about 150 sqm
Annual licence renewalTypically AED 5,500 – 6,500 for a zero-visa licenceVisa packages renew higher; late penalty about AED 50 per day

A lean one-visa company usually spends about AED 15,000 to 20,000 in year one once medical, ID and card fees are added. Hidden costs to plan for include the immigration deposit if your package does not cover it, insurance for the visa holder, attestation of corporate documents for corporate shareholders, audited accounts if you claim the free zone tax rate, and the AED 50 per day penalty if renewal slips. Non-free zone entities also pay chamber and RAK economic department charges, which RAKEZ collects but does not set.

Market estimates from our research, not a quote. Cost Calculator

RAKEZ overview

Ras Al Khaimah set up RAKEZ in 2017 to bring two older bodies under one roof: the RAK Free Trade Zone, which had been licensing small companies since around 2000, and the RAK Investment Authority, which handled industrial land. The result is one regulator that can give a solo consultant a desk and a steel fabricator a 20,000 square metre plot, using the same application system.

What makes RAKEZ different from most Dubai free zones is its physical spread. Instead of one tower cluster, it runs a set of separate areas. Al Nakheel Business Zone hosts the head office and business centres used by SMEs and freelancers. Al Hamra Business Zone offers more desks and offices closer to the main highway. Then there are three industrial areas: Al Ghail for large-scale manufacturing on plots of 5,000 square metres and above, Al Hamra Industrial Zone for light and high-tech industry with ready warehouses, and Al Hulaila for heavier industrial work. An academic zone covers schools and training providers.

Another feature founders often miss is the dual licensing option. RAKEZ can register a free zone entity, which mainly trades internationally and with other free zone companies, or a non-free zone entity, which is set up to deal with the local Ras Al Khaimah market. The non-free zone route links into the RAK Department of Economic Development and the chamber, so it brings extra third-party fees, but it can save you from opening a separate mainland company later.

The community is very mixed. You will find e-commerce sellers, recruitment and marketing agencies, general traders shipping to Africa and South Asia, and food, building-material and packaging factories. India is one of the largest source markets, and RAKEZ ran a multi-city roadshow there in early 2026. Industrial tenants range from small workshops in pre-built units to international groups building their own plants.

Growth has been fast. Official UAE news agency coverage in April 2026 reported roughly 19,000 new companies registered with RAKEZ during 2025, a rise of more than 40 percent on 2024. Recent additions include self-storage units and open yards at Al Hamra Industrial Zone, plus new industrial park agreements with Chinese and European manufacturers. For a small company this mostly means a busy system, so submit clean documents to avoid queues.

Best for

  • Budget startups
  • Manufacturers and industrial companies
  • Traders needing warehouses

RAKEZ key facts

Authority
Ras Al Khaimah Economic Zone (RAKEZ), a Government of Ras Al Khaimah authority
Formed
2017, combining RAK Free Trade Zone (about 2000) and RAK Investment Authority
Areas
Al Nakheel and Al Hamra business zones; Al Ghail, Al Hamra and Al Hulaila industrial zones; an academic zone
Licence types
Commercial, general trading, service/professional, industrial, e-commerce, media, educational, freelance and holding
Entity options
Free zone entity or non-free zone entity for the local RAK market
Facilities
Flexi desk, shared and smart offices, executive offices, warehouses, open yards, self-storage, land plots, staff accommodation
Visa allocation
Linked to facility size; desks carry the fewest, offices and warehouses more (confirm per package)
Online system
RAKEZ Portal 360 for applications, payments, renewals and amendments
Share capital
Declared in the MoA, shares in multiples of AED 1,000; deposit normally not required (confirm for your activity)
Renewal rule
No grace period; late penalty of about AED 50 per day from expiry

Is RAKEZ right for you?

Choose RAKEZ if you are…

  • A first-time founder who wants a real UAE licence and one residence visa on a tight budget and does not need a Dubai address on the card.
  • A general trader or e-commerce seller who may need storage soon and wants to move from a desk to a small warehouse without changing authority.
  • A manufacturer comparing industrial land costs across the Northern Emirates, especially one that needs staff accommodation close to the plant.
  • A service company planning to sell inside Ras Al Khaimah itself, which can use the non-free zone entity instead of a separate mainland licence.
  • A family or investor group wanting a holding company in the same jurisdiction as its operating businesses.

Look elsewhere if you are…

  • Founders whose clients expect a Dubai office they can visit every week; the drive from RAK to central Dubai is long at rush hour.
  • Regulated financial services or virtual-asset businesses, which need a financial regulator such as ADGM, DIFC or VARA rather than a commercial licence.
  • Anyone who knows they will forget renewal dates, because RAKEZ applies daily late charges from the first day after expiry.

RAKEZ packages & prices

Buy online and upload your passport straight away, or request a tailored quote.

Basic

Ras Al Khaimah Trade Licence — Basic

AED 4,120

RAKEZ price: AED 6,010

You save AED 1,890

  • Ras Al Khaimah trade licence (1 year)
  • Up to 10 business activities
  • Up to 50 shareholders
  • Networking facility
  • Good for new small businesses

Not included

  • Bank account opening assistance
  • Corporate Tax & VAT registration
  • Residence visa (choose a visa plan)
  • Additional government fees for some business activities
Recommended

Standard (Recommended)

Ras Al Khaimah Trade Licence — Standard

AED 5,150

If bought separately: AED 8,585

You save AED 3,435

What's included in the price
  • RAKEZ licence packageAED 6,010
  • Business Bank AccountAED 1,545
  • Corporate Tax RegistrationAED 515
  • VAT RegistrationAED 515
  • If bought separatelyAED 8,585
  • StandardAED 5,150
  • Ras Al Khaimah trade licence (1 year)
  • Up to 10 business activities
  • Up to 50 shareholders
  • Networking facility
  • Bank account opening assistance
  • Corporate Tax registration
  • VAT registration

Not included

  • Residence visa (choose a visa plan)
  • Additional government fees for some business activities

Premium

Ras Al Khaimah Trade Licence — Premium

AED 7,210

If bought separately: AED 11,366

You save AED 4,156

What's included in the price
  • RAKEZ licence packageAED 6,010
  • Business Bank AccountAED 1,545
  • Corporate Tax RegistrationAED 515
  • VAT RegistrationAED 515
  • Company Stamp / SealAED 206
  • Website DevelopmentAED 2,060
  • Social Media Poster SetupAED 515
  • If bought separatelyAED 11,366
  • PremiumAED 7,210
  • Ras Al Khaimah trade licence (1 year)
  • Up to 10 business activities
  • Up to 50 shareholders
  • Networking facility
  • Bank account opening assistance
  • Corporate Tax registration
  • VAT registration
  • Company letterhead & seal
  • Website development
  • 2 business-related promotional posters daily

Not included

  • Residence visa (choose a visa plan)
  • Additional government fees for some business activities

RAKEZ price = the official 1-year price in the RAKEZ 2025 factsheet for the same package. Our prices include card fees. Going direct to RAKEZ? Their own bank account service costs over AED 2,000, and urgent processing costs extra. Government medical test and Emirates ID fees may apply. The final price is confirmed before payment.

Need more visas? Licence + 1 to 8 visas

The same RAKEZ licence with up to 10 activities and 50 shareholders, a coworking facility and 2-year visas. Pick the number of visas and your plan.

1 visa

  • Basic
    AED 9,276
    RAKEZ price AED 14,010· You save AED 4,734
    Buy now
  • Standard
    AED 11,433
    If bought separately AED 16,585· You save AED 5,152
    Buy now
  • Premium
    AED 14,523
    If bought separately AED 19,366· You save AED 4,843
    Buy now

2 visas

  • Basic
    AED 12,360
    RAKEZ price AED 18,010· You save AED 5,650
    Buy now
  • Standard
    AED 14,626
    If bought separately AED 20,585· You save AED 5,959
    Buy now
  • Premium
    AED 17,716
    If bought separately AED 23,366· You save AED 5,650
    Buy now

3 visas

  • Basic
    AED 14,935
    RAKEZ price AED 22,010· You save AED 7,075
    Buy now
  • Standard
    AED 17,819
    If bought separately AED 24,585· You save AED 6,766
    Buy now
  • Premium
    AED 20,909
    If bought separately AED 27,366· You save AED 6,457
    Buy now

4 visas

  • Basic
    AED 17,510
    RAKEZ price AED 26,010· You save AED 8,500
    Buy now
  • Standard
    AED 21,012
    If bought separately AED 28,585· You save AED 7,573
    Buy now
  • Premium
    AED 24,102
    If bought separately AED 31,366· You save AED 7,264
    Buy now

5 visas

  • Basic
    AED 20,600
    RAKEZ price AED 31,010· You save AED 10,410
    Buy now
  • Standard
    AED 24,720
    If bought separately AED 33,585· You save AED 8,865
    Buy now
  • Premium
    AED 27,810
    If bought separately AED 36,366· You save AED 8,556
    Buy now

6 visas

  • Basic
    AED 24,720
    RAKEZ price AED 36,010· You save AED 11,290
    Buy now
  • Standard
    AED 28,428
    If bought separately AED 38,585· You save AED 10,157
    Buy now
  • Premium
    AED 31,518
    If bought separately AED 41,366· You save AED 9,848
    Buy now

7 visas

  • Basic
    AED 27,810
    RAKEZ price AED 41,010· You save AED 13,200
    Buy now
  • Standard
    AED 32,136
    If bought separately AED 43,585· You save AED 11,449
    Buy now
  • Premium
    AED 35,226
    If bought separately AED 46,366· You save AED 11,140
    Buy now

8 visas

  • Basic
    AED 31,415
    RAKEZ price AED 46,010· You save AED 14,595
    Buy now
  • Standard
    AED 36,050
    If bought separately AED 48,585· You save AED 12,535
    Buy now
  • Premium
    AED 39,140
    If bought separately AED 51,366· You save AED 12,226
    Buy now

What each plan includes

Basic

  • Ras Al Khaimah trade licence (1 year)
  • Up to 10 business activities
  • Up to 50 shareholders
  • 2-year residence visas (as per package quota)
  • Coworking facility
  • Good for new small businesses

Not included

  • – Bank account opening assistance
  • – Corporate Tax & VAT registration
  • – Work Protection Insurance (WPI)
  • – Health insurance
  • – Additional government fees for some business activities
  • – Government medical test & Emirates ID fees

Standard

  • Ras Al Khaimah trade licence (1 year)
  • Up to 10 business activities
  • Up to 50 shareholders
  • 2-year residence visas (as per package quota)
  • Coworking facility
  • Bank account opening assistance
  • Corporate Tax registration
  • VAT registration
  • Work Protection Insurance (WPI) included
  • Basic health insurance

Not included

  • – Additional government fees for some business activities
  • – Government medical test & Emirates ID fees

Premium

  • Ras Al Khaimah trade licence (1 year)
  • Up to 10 business activities
  • Up to 50 shareholders
  • 2-year residence visas (as per package quota)
  • Coworking facility
  • Bank account opening assistance
  • Corporate Tax registration
  • VAT registration
  • Company letterhead & seal
  • Website development
  • 2 business-related promotional posters daily
  • Work Protection Insurance (WPI) included
  • Premium health insurance (covers up to age 60)

Not included

  • – Additional government fees for some business activities
  • – Government medical test & Emirates ID fees

RAKEZ price = the official 1-year price in the RAKEZ 2025 factsheet for the same package. Our prices include card fees. Going direct to RAKEZ? Their own bank account service costs over AED 2,000, and urgent processing costs extra. Government medical test and Emirates ID fees may apply. The final price is confirmed before payment.

PackageVisasActivitiesOfficePrice (from)Actions
RAKEZ Licence Only — 10 Activities
Offer
010Flexi-desk
AED 4,119
RAKEZ Starter (no visa)
03Flexi-desk
AED 6,180
RAKEZ Licence + 1 Visa — 5 Activities
Offer
15Flexi-desk
AED 7,725
RAKEZ 1 Visa Package
13Flexi-desk
AED 11,021
RAKEZ 2 Visa Package
25Flexi-desk
AED 15,347

Prices are “from” estimates and subject to free zone fees. Confirm the final quote with our advisor before you pay.

Typically included

  • Trade licence (1 year)
  • Flexi-desk facility
  • Certificate of formation & Memorandum of Association
  • Freezone King setup & document handling
  • Establishment card
  • 2 visa allocations

Not included

  • Residence visas (can be added later)
  • Establishment card (needed only for visas)

Licence types & activities

Activity categories available

Not sure your exact activity is allowed? Ask an advisor on WhatsApp.

How to set up in RAKEZ

  1. Step 1
    Pick your zone and facility first

    Decide whether you need a desk in Al Nakheel or Al Hamra, an office, or industrial space, because the facility controls your visa allocation and price. Industrial founders should ask for site availability early, since good plots and ready warehouses can be waitlisted.

  2. Step 2
    Choose activities and the entity type

    Select your activities from the RAKEZ activity list and confirm whether you want a free zone or non-free zone entity. Some activities, such as food, healthcare, education or chemicals, need an external approval, so ask whether yours does before paying.

  3. Step 3
    Submit the application with your trade name

    Send passport copies, a photo, contact details and three trade name choices, either directly or through an advisor. Names must follow RAKEZ rules: a personal name has to be written in full, and RAKEZ may reject or suggest alternatives.

  4. Step 4
    Sign the documents and pay

    After pre-approval you receive the lease agreement, company documents such as the memorandum of association and the invoice. Signing is usually digital, and the declared share capital is written into the documents rather than deposited.

  5. Step 5
    Receive the licence and set up Portal 360

    Once paid, the licence and certificate are issued electronically, often within a few working days. You then get access to RAKEZ Portal 360, which you use for later amendments, visa requests and renewals.

  6. Step 6
    Open the immigration file and apply for visas

    Request the establishment card, then the entry permit or status change for each visa holder. The person completes a medical test and Emirates ID biometrics, and the visa is stamped electronically.

  7. Step 7
    Open a bank account and register for tax

    Use your licence, MoA and visa to apply to a bank. Register for corporate tax with the Federal Tax Authority within the deadline, and for VAT if your sales pass the threshold.

Documents required

  • Passport copy of every shareholder and manager (valid 6+ months)
  • Passport-size photo with white background
  • Current UAE visa or entry stamp (if in the UAE)
  • Emirates ID copy (UAE residents)
  • Proof of residential address (some zones)
  • Short business profile or CV (some activities)

You can upload these securely after checkout.

RAKEZ visas & office options

RAKEZ ties the number of visas you can hold to the facility you rent. A flexi desk normally supports only one or a very small number of visas, smart desks and offices allow more, and warehouses and land plots scale with the size of the unit. Package names change often, so read the visa number printed on the quotation, not on an old blog.

The process starts with your establishment card. RAKEZ then issues an entry permit for someone outside the UAE, or a change of status for someone already in the country. After entry, the person does a medical fitness test and Emirates ID biometrics in Ras Al Khaimah or at an approved centre, and the residence visa is issued for two years in most cases.

Owners can hold an investor or partner visa, while staff receive employment visas. Dependants such as a spouse and children can be sponsored separately once the sponsor meets the salary rules. If you plan to grow beyond your allocation, ask RAKEZ for the price of moving to the next facility size, because adding visas usually means upgrading space rather than paying a simple fee.

Minimum share capital: no fixed minimum for most activities

Opening a bank account with a RAKEZ company

RAKEZ is one of the older and larger licensing authorities, so UAE banks see its licences often. That helps, but it does not replace a clear file. Banks will look at your activity, where your money comes from, who your customers are and whether you live in the UAE. A flexi desk company with no visa and only foreign clients may be asked for more paperwork or offered a digital account first.

Ras Al Khaimah has its own home-grown lender, and the large national banks and newer digital banks also onboard RAKEZ companies. Prepare a short business plan, sample invoices or contracts, proof of address and your shareholders' CVs, and expect the review to take a few weeks.

Business Bank Account

Where is RAKEZ?

Ras Al Khaimah is the most northern emirate on the west coast, roughly 45 to 75 minutes by road from the northern edge of Dubai depending on traffic and which RAKEZ area you use. The Emirates Road and the Sheikh Mohammed bin Zayed Road connect the business zones to Sharjah and Dubai. The Al Hamra areas sit close to the main highway and to Ras Al Khaimah International Airport, while Al Nakheel is near the older city centre.

Industrial tenants benefit from Saqr Port in the north of the emirate, which handles bulk and container cargo, and from road links to Oman. Dubai International and Sharjah airports are both reachable in about an hour, which matters for founders who travel often.

RAKEZ pros & cons

Pros

  • One authority covers everything from a solo freelancer desk to industrial land with staff housing
  • Entry and one-visa packages are among the lower-cost options in the UAE
  • A non-free zone entity is available for selling inside Ras Al Khaimah
  • Ready warehouses, open yards and self-storage at Al Hamra Industrial Zone
  • Portal 360 handles most changes and renewals online
  • Well known to banks and auditors because of its size

Cons

  • Your licence address is in Ras Al Khaimah, a long commute if your team and clients are in Dubai
  • Desk packages carry very few visas, so growth often means paying for a bigger facility
  • No grace period on renewal and daily late penalties from the expiry date
  • Some activities need extra approvals from outside bodies, which adds time
  • Popular promotions change monthly, so comparing quotes across advisors can be confusing

RAKEZ FAQs

Which RAKEZ zone is best for a trading or consulting company?

Most consultancies, agencies and small traders without stock choose a desk or office in Al Nakheel or Al Hamra Business Zone. If you will hold goods, look at the warehouse units in Al Hamra Industrial Zone so storage and licence sit together.

What is the difference between a RAKEZ free zone and non-free zone entity?

A free zone entity mainly trades outside the UAE or with other free zone companies. A non-free zone entity is licensed to deal with the local Ras Al Khaimah market as well, but it pays extra chamber and economic department fees each year.

Is there a grace period for RAKEZ licence renewal?

No. RAKEZ states that there is no grace period, so the licence is late from the day after the expiry date. Start the renewal at least a month before expiry so documents and payments clear in time.

How much is the RAKEZ late renewal penalty?

The RAKEZ renewal checklist sets a late renewal charge of AED 50 per day from the licence expiry date. Third-party fines on your immigration file, chamber membership or RAK economic department licence can come on top, and RAKEZ does not cover those.

Can I get a residence visa with a RAKEZ flexi desk?

Yes, flexi desk packages can include a visa, but the allocation is small, often just one. If you need several staff visas, a smart office, executive office or warehouse gives you a larger quota.

Can I rent a RAKEZ warehouse without building a factory?

Yes. Al Hamra Industrial Zone offers pre-built warehouses from small units of around 150 square metres up to very large sheds, plus open yards and self-storage. Land plots for your own building are mainly in Al Ghail and Al Hulaila.

Can a RAKEZ free zone company sell to customers in Dubai?

It can serve clients across the UAE in many service activities and can sell goods to the mainland through a local distributor or importer of record. For direct onshore trading in Dubai you would usually need a Dubai mainland licence or branch.

Can I upgrade from a flexi desk to an office without a new licence?

Yes. You keep the same company and licence number and apply through Portal 360 to change facility. You pay the difference in rent and any amendment fee, and your visa allocation rises with the new space.

Is RAKEZ the same as RAK ICC?

No. RAK ICC is a separate Ras Al Khaimah registry for international business companies that do not get UAE residence visas or office space. RAKEZ issues operating licences with facilities and visas.

How much is a RAKEZ visa in 2026?

Expect roughly AED 4,500 to 6,000 per person for a RAKEZ residence visa once the entry permit or status change, medical test and Emirates ID are added. Investor and partner visas tend to cost a few hundred dirhams more than employee visas, so confirm the current fee for your case.

Is RAKEZ cheaper than IFZA?

For a one-visa company RAKEZ is usually several thousand dirhams cheaper in year one, with market quotes near AED 12,000 to 14,000 against roughly AED 17,000 to 21,000 at IFZA. IFZA gives you a Dubai address in Dubai Silicon Oasis, which some clients and banks prefer, so weigh the saving against where you and your customers actually are.

What does a RAKEZ licence renewal cost each year?

A zero-visa RAKEZ licence usually renews for around AED 5,500 to 6,500, while packages with visas renew higher because the facility and quota cost more. Visa renewals every two years are a separate bill, so add them to your year-three budget.

How much does a RAKEZ licence cost?

RAKEZ packages start from an estimated AED 4,120 for a licence without visas. Visa packages cost more. Annual renewal is estimated from AED 6,180. Confirm the latest fees with our advisor before you pay.

How long does RAKEZ company setup take?

Around 5 working days for the licence once your documents are complete. Residence visas usually take 1–3 more weeks.

How many visas can a RAKEZ company get?

Up to 6 visas, depending on the package and office type you choose.

Can foreigners own 100% of a RAKEZ company?

Yes. Free zone companies can be 100% foreign-owned.

Do I need to visit the UAE to set up in RAKEZ?

Usually not for the licence — it can be done online. You will need to be in the UAE for the visa medical test and Emirates ID biometrics.

Compare RAKEZ with other zones

All free zones in Ras Al Khaimah

Sources we checked

Researched by the Freezone King advisory team, last checked 7 November 2026. Freezone King is an independent business setup advisor, not part of RAKEZ. Fees change; confirm before you pay.

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