Free Zones / RAKEZ
RAK · RAKEZ Authority · Est. 2017
RAKEZ is a government-backed economic zone in Ras Al Khaimah offering low-cost operational solutions for commercial trading, technology, and manufacturing businesses. Packages start from AED 6,000, with support for up to 4 visa allocations on entry packages and moderate banking accessibility. RAKEZ provides flexi-desks, serviced offices, and custom industrial facilities across dedicated specialized parks.
From
AED 6,000
Year 1 (estimated)
Quick facts
Biz Starter Package (0 Visa)
AED 6,000
— · Flexi Desk · 0 visas
Renews at AED 6,000
Estimated
SME Business Set-Up (1 Visa)
AED 14,320
— · Flexi Desk · 1 visa
Renews at AED 14,320
SME Business Set-Up (2 Visas)
AED 18,640
— · Flexi Desk · 2 visas
Renews at AED 18,640
SME Business Set-Up (4 Visas)
AED 27,280
— · Flexi Desk · 4 visas
Renews at AED 27,280
Advisory Estimate
AED 11,400
— · 0 visas
Renews at AED 8,000
Estimated
Features
Mainland trading
Dual licence allowed
Forensic analysis
Substance
Medium
Audit risk
Standard
Forensic ease
7/10
Consolidated Industrial Node; Legacy License Migration Risk.
RAKEZ is a massive, dual-status jurisdiction spanning both Designated Zones (for manufacturing/logistics) and Non-Designated Zones (for services).
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How much does it cost to set up in RAKEZ?
The cheapest published package for Ras Al Khaimah Economic Zone is Biz Starter Package (0 Visa) at AED 6,000 for Year 1, renewing at AED 6,000. Costs scale with visa count, office type, and licensed activities.
Is banking easy to set up with a RAKEZ licence?
Banking difficulty for RAKEZ is rated "Moderate". Known banking partners include Abu Dhabi Islamic Bank (ADIB), RAKBANK, National Bank of Fujairah (NBF), Mashreq Bank, Wio Bank, Emirates NBD.
Crypto-friendly
Shared ownership
Coworking available
Online portal
Audit required
Common pitfalls
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Response within 2–3 business days