Ras Al Khaimah Free Zone (RAK FTZ) is one of the UAE’s most established and thriving business hubs, providing an ideal platform for entrepreneurs, startups, and established companies looking to expand their operations in the region. Known for its low setup costs, strategic location, and business-friendly environment, Ras Al Khaimah offers an attractive option for business owners across diverse industries.
RAK FTZ is home to four distinct free zones that cater to a wide variety of business activities. Each zone offers unique benefits tailored to different sectors and business models. These include:
RAK Free Trade Zone (RAK FTZ) – Ideal for businesses involved in trade, services, and industrial activities.
Ras Al Khaimah Economic Zone (RAKEZ) – A comprehensive zone for both large corporations and SMEs, offering flexible options for business setup.
Ras Al Khaimah Industrial Zone (RAK IZ) – Focused on manufacturing, industrial and logistics businesses, this zone offers competitive rates for those in the production sector.
Ras Al Khaimah Media Free Zone (RAK MFZ) – Specializes in media, advertising, and digital companies looking for a creative environment to flourish.
1. 100% Foreign Ownership
RAK FTZ allows full foreign ownership of businesses without requiring a local partner or sponsor, providing complete control over your operations and maximizing profits.
2. Cost-Effective and Flexible Solutions
Ras Al Khaimah Free Zone offers competitive pricing, making it affordable for new businesses and SMEs. Whether you are setting up a small trading business or a large industrial operation, RAK FTZ offers various packages that are customizable to suit your needs.
3. Wide Range of Business Licenses
RAK FTZ caters to a variety of business activities through different types of licenses, including:
Trading License: For businesses involved in importing, exporting, and distributing goods.
Industrial License: For businesses engaged in manufacturing and industrial activities.
Service License: For consultancy, IT, marketing, and professional services.
E-commerce License: For businesses operating online and selling goods and services.
4. Strategic Location
RAK FTZ is located in the northern part of the UAE, close to key international airports, seaports, and road networks, offering easy access to local, regional, and international markets.
5. Easy Setup Process
The process of setting up a business in Ras Al Khaimah Free Zone is quick and efficient, with minimal documentation and streamlined procedures. This ensures that entrepreneurs can start their operations with minimal delay.
6. Access to International Markets
Ras Al Khaimah’s proximity to major trade routes, ports, and free trade agreements ensures that businesses have unrestricted access to the UAE, Gulf Cooperation Council (GCC) countries, and international markets.
Tax Exemptions: Enjoy a tax-free environment with 100% exemption on corporate tax for up to 50 years.
100% Repatriation of Profits: You can freely transfer your profits and capital internationally.
Fast Company Formation: The setup process is efficient, with most businesses able to start operations in just a few days.
No Currency Restrictions: Ras Al Khaimah Free Zone offers full flexibility in currency exchange.
Customizable Office Spaces: Choose from a variety of office spaces, including flexi-desks, executive offices, warehouses, and industrial facilities.
Visa Options: Easily obtain visas for your employees, dependents, and investors as part of your business setup.
Ras Al Khaimah Free Zone is an excellent choice for businesses across a variety of sectors, including:
Trading: Import, export, and distribution of goods.
Manufacturing: Industrial and production units in various sectors.
IT and Technology: Software development, web development, and IT consultancy services.
Consultancy Services: Business advisory, financial consultancy, and marketing services.
E-commerce: Launch online businesses with full support and flexibility.
Logistics: Warehousing and distribution businesses to cater to local and regional markets.
Setting up your business in Ras Al Khaimah Free Zone is simple and straightforward:
Choose Your License Type: Select the business activity that best suits your needs from the available license options.
Choose a Business Structure: Decide whether you want to set up as a sole proprietorship, a branch of a foreign company, or a partnership.
Submit Documents: Provide the required documents, such as your passport copy, business plan, and proof of address.
Receive Your License: Once your application is processed, you will receive your trade or service license, enabling you to start your operations.
Visa & Office Setup: Obtain your investor and employee visas, and choose your office space within the free zone.
At IBS Business Services, we specialize in helping clients set up their businesses in Ras Al Khaimah Free Zone. Our team of expert consultants provides comprehensive support at every step of the process, from initial consultation to business setup, licensing, and post-setup services.
We help you:
Choose the right business license and structure for your needs.
Complete all legal and administrative requirements.
Secure your office space and business visas.
Navigate any compliance requirements to ensure your business is fully operational.
Start Your Business Journey Today in Ras Al Khaimah Free Zone
Ras Al Khaimah offers an unmatched combination of strategic location, affordable pricing, and world-class infrastructure for businesses. Let IBS Business Services guide you through the process of setting up your business in Ras Al Khaimah Free Zone and unlock new opportunities in the UAE market.
