RAKEZ (Ras Al Khaimah Economic Zone)
RAKEZ (Ras Al Khaimah Economic Zone) is one of the leading free zones in the UAE, located in Ras Al Khaimah. It offers a business-friendly environment with competitive advantages for businesses across a wide range of industries. RAKEZ has earned a strong reputation for supporting startups, small and medium-sized enterprises (SMEs), and large-scale businesses due to its flexible structures, cost-effective solutions, and strategic location.
RAKEZ is a comprehensive zone that caters to businesses in various sectors, including manufacturing, trading, services, logistics, technology, e-commerce, media, and construction, making it a versatile hub for both local and international enterprises
Industry Focus
RAKEZ supports a diverse range of industries, including:
Ownership
- 100% Foreign Ownership: Investors can have full control of their business without the need for a local sponsor or partner.
Business Licenses
- Types of Licenses offered by RAKEZ:
- Commercial License: For trading activities and import/export businesses.
Licensing
License Types:
Office Space Solutions
- Flexible Office Solutions: DCC offers various office space options including:
- Flexi-Desks: Cost-effective solutions for startups and small businesses.
- Private Offices: Dedicated office spaces for growing businesses.
- Warehouse & Logistics Space: Suitable for logistics and distribution companies.
Taxation
- Tax Advantages: DCC offers significant tax benefits:
- 9% Corporate Tax (effective from 2023), with exemptions available if FTA criteria are met.
- No Personal Income Tax.
- No Import/Export Duties.
Visa & Immigration
Visa & Immigration
Visa Opportunities DCC allows businesses to apply for investor and employee visas, depending on the office space and the business needs. Family sponsorships are available under specific conditions.
Logistics & Connectivity
Logistical Hub: DCC’s proximity to Dubai International Airport enhances connectivity and facilitates international shipping, freight forwarding, and global trade.
Infrastructure & Facilities
Modern Infrastructure DCC offers high-quality office spaces, warehouses, and state-of-the-art facilities tailored for e-commerce, logistics, and trade businesses.
Cost of Formation
Affordable Setup:,The cost to register a company in Dubai Commerce City typically ranges from AED 25,000 , depending on the license type, office space, and number of visas required.