Ras Al Khaimah (RAK), one of the seven emirates in the UAE, has rapidly emerged as a popular destination for entrepreneurs and businesses looking for a cost-effective and hassle-free setup. With its modern infrastructure, supportive government policies, and growing industries, Business Setup in Ras Al Khaimah an ideal environment to start and scale your business.
You can establish your company in either a business setup in rak free zone or the business setup in rak Mainland, depending on the nature of your operations and target clients.Free Zone Setup in RAKEZ
RAKEZ (Ras Al Khaimah Economic Zone) is the official Free Zone in Ras Al Khaimah, offering a streamlined setup process and a range of business-friendly benefits. Businesses setting up in RAKEZ can:
- Choose up to 5 business activities under one license
- Have between 1 to 5 shareholders
- Benefit from 100% foreign ownership and tax advantages
- Access flexi-desk, serviced offices, and warehouses
- Get visa and immigration support through Fiscal Bricks
Mainland Setup in RAK
If your business needs to deal directly with individuals or government entities within the UAE (especially outside Free Zones), the mainland setup through RAKEZ is a suitable choice. This allows broader market access and greater flexibility for local trade.
Cost of Setting Up a Business in Ras Al Khaimah
Here’s a basic breakdown of startup costs:1. License Fee
- Starts from as low as AED 6,000
- Final cost depends on number of business activities, shareholders, and visa requirements
2. Office Space
- RAKEZ offers Flexi-desk options for businesses requiring minimal physical presence
- Physical offices are mandatory for higher visa quotas or mainland setups
- Office rent starts from AED 4,000, depending on size and visa quota
Step-by-Step Guide to Setting Up a Company in RAKEZ Free Zone
1. Choose Your Business Activity
RAKEZ allows up to 5 business activities per license. Plan long-term and include services that align with your future expansion.2. Select the Company Structure
Your options include:- LLC (Limited Liability Company)
- Sole Proprietorship
- Branch or Subsidiary of a Foreign Company
3. Determine Shareholders
You can have between 1 to 5 shareholders in a RAKEZ Free Zone company.4. Reserve Your Trade Name
- Prepare at least 3 name options
- Avoid religious, political, or country/state references
- Ensure the name is available and complies with UAE naming rules
5. Choose Your Office Location
RAKEZ provides:- Flexi-desks (shared workspace)
- Private offices
6. Apply for Your Business License
As an official RAKEZ channel partner, Fiscal Bricks can manage the entire licensing process for you — including documentation, government approvals, and compliance.Documents Required for Company Formation in RAKEZ
For Individual Shareholders:
- Passport copy
- Passport-sized photo (white background)
- Residence visa copy (if applicable)
- Emirates ID copy (if applicable)
- NOC from current sponsor (if on a UAE visa)
For Corporate Shareholders:
- Certificate of Incorporation
- Memorandum & Articles of Association
- Board Resolution to establish the new entity
- Passport copies of company representatives
- Power of Attorney (if appointing a representative)
Benefits of Setting Up a Business in Ras Al Khaimah
1. Cost-Effective Setup
RAK offers one of the most affordable options in the UAE. Despite lower costs, businesses still gain full access to the national and international markets.2. Simplified Registration Process
With minimal documentation and quick approval times, Fiscal Bricks helps streamline the entire process.3. Established and Reliable Free Zone – RAKEZ
RAKEZ is one of the oldest and most trusted free zones in the region, offering a wide variety of licenses and scalable infrastructure.4. Strategic Location
Close to Dubai and major ports, RAK is ideal for trade, logistics, and global business.5. Tax Advantages
- 0% corporate and personal income tax (for eligible sectors)
- Full repatriation of capital and profits
- No import/export duties within the free zone
6. Full Foreign Ownership
Enjoy 100% foreign ownership with no need for a local sponsor.7. Diverse Business Opportunities
From manufacturing to e-commerce, RAK supports a wide range of business sectors.8. Availability of Skilled Workforce
Access to a qualified, multilingual talent pool and lower labor costs compared to other emirates.Frequently Asked Questions (FAQ) – RAK Free Zone
1. What is the RAK Free Zone?
RAKEZ is a government-run Free Zone offering low-cost business setup with flexible license options for startups, SMEs, and large corporations.2. Why choose RAK Free Zone for business setup?
- Affordable startup costs
- 100% foreign ownership
- Corporate tax exemption (in most cases)
- Fast company registration
- Strategic access to global markets
3. What types of companies can be registered?
- Free Zone Establishment (FZE) – Single shareholder
- Free Zone Company (FZC) – Multiple shareholders
- Branch Office – UAE or foreign entities
4. What business activities are allowed?
Activities include:- Trading (general and specific)
- Manufacturing
- E-commerce
- Consulting and IT
- Education and media
- Logistics and warehousing
5. How much does it cost to set up?
Startup packages start from AED 6,000 to AED 15,000. Costs vary based on office type, number of shareholders, and visa quota. Fiscal Bricks provides transparent pricing and packages tailored to your needs.6. Do I need a physical office?
Not always. Flexi-desk or virtual office options are available for small businesses. Physical offices are required for certain license types or visa quotas.7. What licenses are available?
- Commercial License
- Industrial License
- Service License
- E-commerce License
- Educational License
- Media License
8. What documents are needed?
- Passport copy of shareholders
- Passport-sized photo
- Proof of address or utility bill
- Business activity description
- Application form Additional documents may be required based on your company structure.