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We have been in the economic zone for over a decade now and we can attest that RAKEZ’s business practices are at par with international standards. The economic zone’s customer service representatives are client-centred and quick to respond whenever there are issues that need to be resolved.
The main benefit of establishing our new headquarters in the RAKEZ is that it allowed us to completely own the company without needing to look for a local sponsor. RAKEZ has also simplified almost every aspect of doing business, which is great as we are able to process applications and get access to business support services easily.
If any businessman or investor wants to set up a business or an investment in the UAE, I would recommend them to come to Ras Al Khaimah, especially to RAKEZ. That’s the best place to grow and be successful.
When we were looking to set up the company, there were two things that were important. First, it had to be priced competitively -- setting up should not be overly expensive. And two, the facilities should be state-of-the-art. Competitive pricing would not come at the cost of the facilities offered, so these two criteria were fulfilled by RAKEZ.
The business set-up process in RAKEZ is very easy. Having seen the facilities of the free zone and hearing about their efficient services, I was encouraged to also set up my company here. RAKEZ did not disappoint me. I experienced first-hand the ease of not only registering a business but most importantly doing business in general.
What we like most about RAKEZ is that it provides the necessary infrastructure for different types of businesses. This minimises the heavy initial investment costs when setting up a business. Apart from that, RAKEZ provides accessible services with very friendly customer representatives.
We were immediately attracted to establish our manufacturing facility in RAKEZ when we found out that it offers ready-made facilities for affordable rates, which is a must for any startup company. Apart from that, the Al Hamra Industrial Zone is very accessible from Dubai and the rest of the emirates.”
The best thing about forming our UAE base in RAKEZ is that it strategically positioned us to be able to operate throughout the IMEA markets. Apart from that, the emirate of RAK has its own international airport and it is also close to Dubai International Airport. This makes it easy for us to travel back and forth for business-related matters.
Being an investor in a foreign land, I had initially had a set of worries but after speaking to the professional team of RAKEZ, I became more confident that I am making the right decision. The economic zone provided me with all the assistance that I needed, which enabled me to smoothly begin my business operations.
Yes, a trade licence is mandatory for all businesses operating in the UAE. The Department of Economic Development (DED) is responsible for issuing trade licences and regulating the business activities here.
The trade licence serves as an official authorisation allowing businesses to conduct commercial operations lawfully in the UAE.
To obtain a UAE trade licence through Ras Al Khaimah Economic Zone (RAKEZ), follow these steps:
Ensure all necessary documents are prepared; this includes a valid passport, if applicable, a visa or an Emirates ID.
Next, choose from the available package options. RAKEZ offers two main packages: a basic one and an all-inclusive option.
Once the preferred package is selected, proceed to complete the online application.
Provide all required details accurately and select preferred business activities from the list provided.
After completing the application, make the payment online as per the selected package and any additional fees that may apply.
Upon successful submission and payment, expect to receive the business licence instantly, enabling legal operations of the business in the UAE.
It offers the following benefits:
It includes:
From commercial licences to freelance permits, RAKEZ offers a diverse range of trade licence types, each tailored to accommodate various business activities.
a) Commercial Licence
b) Educational Licence
c) E-commerce Licence
d) General Trading Licence
e) Individual/Professional Licence
f) Industrial Licence
g) Media Licence
h) Professional Licence
i) Service Licence
j) Freelancer Permit
To evaluate the most suitable trade licence in the UAE, businesses should undertake the following steps:
RAKEZ provides two packages for company trade licence: basic package and all-inclusive package. The cost of Ras Al Khaimah Economic Zone (RAKEZ) trade licence depends on the chosen package.
No, there is no need for physical visits. RAKEZ simplifies the process, allowing you to complete the entire application online.
The trade licence is valid for one year from the date of issuance and must be renewed prior to its expiry to avoid penalties. RAKEZ charges a fee for the renewal of company trade licence, with the amount varying based on the type of business entity held.
Upon processing and approval of the application, the renewed trade licence for the company in the UAE will be dispatched via mail. Typically, the renewal procedure for a trade licence in RAKEZ is finalised within few working days.
To commence the application process for a UAE trade licence for a company, one must submit some documents, which may include:
RAKEZ provides a seamless, efficient and cost-effective solution for obtaining a business licence in free zones and non-free zone areas in Ras Al Khaimah. Be it a freelance permit or a commercial licence, RAKEZ issues licences for thousands of business activites. With no paperwork, instant processing, and various package options, RAKEZ caters to the diverse needs of businesses, ensuring a quick and easy set-up process.