Founded in 2017, RAK Economic Zone is a world class free zone that has consolidated two free zones of RAK i.e. RAK Free Trade Zone – RAK FTZ (established in 2000) and RAK Investment Authority – RAKIA (established in 2005). RAK Economic Zone provides highly personalized facilities and services within a well-organized ecosystem in the emirate of RAK. Located in the heart of RAK, RAK Economic Zone oversees and consolidates specialized parks and clients of both RAK FTZ and RAKIA. It offers a cost effective business setup in RAK to local and foreign investors that includes customizable packages and world class facilities so that they can penetrate local, regional and international markets by setting up a company in RAKEZ.
With integration of two free zones of RAK, RAKEZ is now a preferred business destination of more than 13,000 multinational companies from over 100 countries constituting more than 50 sectors. The RAK Free Trade Zone (RAKFTZ), the fastest rising free zones in the UAE is the best free zone in Northern emirates. Being a globally recognized free zone, it becomes home to more than 8000 businesses across Europe, North America, Middle East and Asia by registering their business in RAK Free Zone. It possess easy company setup process, lower rents , a cheaper cost of living and lower business license costs. With the simple business registration process, this location is attracted by entrepreneurs to whom location is less important than cost. RAKFTZ enjoys around 25 to 50% lower costs of living and doing business than in other parts of the UAE.
This Globally recognized free zone is a collection of four major parks: Business, Technology, Industrial and the Academic Zone with all applications are processed by a central FTZ authority through Simple business registration process. With all the amenities required by international businesses such as Superior telecommunications offered by Etisalat, modern airport connections to 25 countries, excellent port facilities at Port Saqr - only 25 kilometers from RAK and close proximity to the emirates of Dubai and Sarah , RAK positioned as the best free zone in Northern emirates.
We cater services to clients for RAK free zone business setup. The services in this globally recognized free zone could be customized to meet sophisticated clients’ requirements through easy company setup process. We strive for integrity, professionalism, accountability and long-term relationship by serving in the best free zone in Northern emirates. We offer good customer support in RAK free zone for SMEs and MNCs to plan a strategic investment in the market. Our customers benefit by getting personalized and quality service that is beyond comparison. RAKIA is another free zone in the same emirates but the processes, procedures and costing are entirely different at this free zone. Please discuss with our business consultants to know more about the offers.
Business setup in RAK Free Zone can be done within about a week. Your personal visit will be required, but you don’t have to go all the way to RAK - you can visit a representative office of the zone in Dubai. RAKEZ also has international offices in India, Turkey and Germany, where your application can be filed. Today it is home for over 13 000 companies already. Interestingly, RAKEZ offers registration of both Free Zone and non-Free Zone entities in RAK. RAK free zone company setup is not open to the public and kept confidential. In case your setup has been rejected by any major force reason after you made the payment to the free zone, you will be granted a 100% refund.