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Start Your Business in Ras Al Khaimah Free Zone with FexMy

A Strategic, Cost-Effective, and Business-Friendly Destination in the UAE
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Discover why choosing RAK for your business setup is the right call

Nestled between the Arabian Gulf and the Hajar Mountains, Ras Al Khaimah (RAK) - a rising powerhouse for global trade, industrial development and entrepreneurial success goes beyond being just another emirate in UAE. Known for its business-friendly policies, affordable setup costs, and strategic location, RAK offers a compelling alternative to Dubai and Abu Dhabi for businesses looking for long-term growth.

Why Ras Al Khaimah? The UAE’s Best-Kept Business Secret RAK is emerging as a prime investment hub due to its:

Strategic Location – Close to international shipping routes, with easy access to GCC, Africa, and South Asia markets.

Pro-Business Government – Investor-friendly regulations with full repatriation of capital and profits

Tax-Free Benefits – Zero corporate & personal tax, no import/export duties, and free currency exchange

Lower Costs Compared to Dubai & Abu Dhabi – Affordable leasing, utilities, and workforce make RAK a cost-effective alternative

Diverse Economy – Home to industries ranging from manufacturing to tourism, logistics, and technology.

Rapid Business Registration – Streamlined business setup process in as little as 24 hours





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Exploring the Diverse Business Setup Options in RAK

FexMy Business Setup assists entrepreneurs with registering new companies in the most suitable locations in Ras Al Khaimah. Depending on the nature of the business and the activities they wish to engage in, business owners can look for company formation options in either free zones, offshore business setup, or mainland business setup in Ras al Khaimah.
Forgo the worries of the process and let our corporate advisors manage the liaisons with the respective economic departments, free zone authorities, etc.

Get an Ras-al-khaimah business license for multiple opportunities and 100% ownership with FexMy.

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Steps for Registering a Business in Ras Al Khaimah:

Ras-al-khaimah company formation is a well-defined process, and FexMy Business Setup will be with you every step of the way. Our experts will guide you through the following steps:

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Choose the Business Activity

Decide on the type of economic activity your business will be involved in, such as commercial, professional, or industrial activity.

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Determine the Legal Form

Select the appropriate corporate entity based on your business activity and its nature.

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Finalize the Jurisdiction

Choose the suitable jurisdiction among Mainland, Free Zone, or Offshore, depending on your business needs and preferences.

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Obtain Initial Approval

Seek initial approval before obtaining the company name certificate to proceed with the business license issuance procedures.

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Register Your Trade Name

Choose a unique and suitable trade name for your organization and submit it to the Department of Economic Development.

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Apply and Submit

Fulfill the requirements and legal conditions and visit the authorities concerned to obtain their consent for your business setup

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Obtain a Business License

Once approvals are received, fulfill requirements for the business license from the Department of Economic Developmen

Types of Licenses in Ras-al-khaimah Free Zone

A business licence is required to open a firm in the UAE. Three primary Ras-al-khaimah free zone license categories are:

Commercial License

A document provided by free zone authorities that is ideal for dealing and selling products. This group includes activities including logistics, automobile rentals, and real estate services.

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Trading License

For manufacturing and industrial companies with a local office. It involves making furniture, packing, metal casing, and food products.

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Professional License

Service providers, professionals, artists, and craftspeople require a professional licence. includes services such as law companies, management consulting, auditing, accounting, education, and medical care.

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Investment Opportunities in Ras Al Khaimah

With a robust economy and a stable political environment, Ras Al Khaimah emerges as a dynamic and promising destination for investments. The RAK government actively encourages foreign investment through its supportive policies. As a result, an increasing number of multinational companies have chosen to establish their operations in RAK in recent years. The emirate presents exceptional investment prospects across various sectors, making it an exciting and lucrative investment hub.

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Industrial & Manufacturing

Opportunities for industrial and manufacturing ventures to set up production facilities and cater to domestic and international markets.

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Warehousing, Cold Stores, Transport, and Distribution

Excellent facilities and potential for warehousing, cold storage, transportation, and distribution businesses to support industries.

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Trade and Commerce

A favorable environment for trade and commerce, attracting businesses to engage in import/export and trading activities.

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Mining, Minerals Exploration, Extraction, and Quarrying Projects

Potential for mining and minerals exploration, extraction, and quarrying projects to tap into valuable natural resources.

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Tourism, Real Estate & Construction

Growing demand for luxury resorts, adventure tourism, and property development.

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Food Processing & Dairy

Prospects in the food processing and dairy industry, enabling value addition to agricultural products and meeting consumer demands.

FreeZone Company Formation in Ras-al-khaimah; FAQs

Q: What is the major difference between a FreeZone business setup and other types of company formation?

There are many differences between a FreeZone company and other forms of business setup in Ras-al-khaimah. Firstly, FreeZone companies are allowed to do business anywhere in the Ras-al-khaimah and outside the Ras-al-khaimah.

Previously foreign investors or entrepreneurs were not allowed to form a business in the Ras-al-khaimah FreeZone with 100% ownership. It was mandatory to have a local sponsor with 51% of company shares allotted to them. This obligation has been revoked as per the new Dubai company law. This allows foreign entrepreneurs to own 100% of their company shares in the Dubai FreeZone.

Another major advantage differentiating FreeZone companies from others is the office space requirement and setup. Physical office space is required to obtain a FreeZone business setup license in Ras-al-khaimah. FreeZone businesses have the advantage of setting up office spaces anywhere that suits them.

FreeZone companies also do not have any restrictions when it comes to visa eligibility. The number of visas issued is directly proportional to the area of workspace/office space that the company has.

Ras-al-khaimah FreeZone companies also have business aids, tax exemptions, and other benefits in compliance with the latest laws.

You must follow the following procedure for FreeZone company formation in Ras-al-khaimah.

  • Complete the prerequisites for a Local Liability Company (LLC) or Local business startup if you choose to start an LLC.
  • Business name approval from the Department of Economic Development (DED)
  • Apply for a business license with the Department of Economic Development.
  • Enquire about visa eligibility and its requirements
  • Find a registration consultant as the trusted business solution partner.

    • The best thing you can do is to avail yourself services of our trusted FreeZone business setup consultants to reduce your burden and fast-forward the process.

    Here is the list of documents that you will initially need to apply for FreeZone business setup:

  • Trade Name (At least Three name choices)
  • Business Activity
  • Passport copy of the shareholders.
  • Entry stamp or Visa page.
  • Passport size photograph.

    • There can be added requirements of documents based on the case. Your Consult Zone expert will guide you in case there is an emerging demand.

    The latest amendments in Ras-al-khaimah company laws benefit foreign businesses set up on the FreeZone in various ways. The law allows the foreign entrepreneur to have 100% ownership as opposed to the mandatory local sponsor requirement. Another major benefit is the significant tax exemption and government-funded business aid.

    Embark on Your Journey to Success Today!

    The clock is ticking, and opportunities are knocking at your door. Embrace the limitless potential of Free Zones with FexMy Business Setup by your side.
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    UK

    GBP 5,000

    100% business ownership

    • Professional trade license
    • UAE investor visa
    • Office solution
    • VAT consultation & registration
    • Bank account assistance

    Dubai

    AED 10,999

    100% business ownership

    • Professional trade license
    • UAE investor visa
    • Office solution
    • VAT consultation & registration
    • Bank account assistance

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    100% business ownership

    • Free VAT consultation
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