Time:2025-04-22
Author:Zhuo Xin
Source:Zhuo Xin
Views:34The Ras Al Khaimah (Ras Al Khaimah) Economic Zone Free Trade Zone RAKEZ was established in 2000. It is divided into three functional areas: business park, industrial park and high-tech park. Currently, there are more than 8,000 companies from 106 countries settled in, covering more than 50 different industries. The Ras Al Khaimah Economic Zone is located in the north of the UAE, less than an hour's drive from Dubai, which makes it a gateway connecting the Middle East, Africa, South Asia and even European markets, providing companies with a convenient East-West trade channel. In addition, the region has the largest bulk cargo loading and unloading port and international airport in the Middle East and North Africa, and will become the terminus of the Etihad Railway in the future, further enhancing its logistics and transportation convenience.
1. Cost advantage: The registration cost of companies in the Ras Al Khaimah Economic Zone is only 1/3 of the average level of Dubai companies.
2. Geographical advantage: RAKEZ is located at the entrance of the Persian Gulf, close to the seaport and airport, and only 45 minutes' drive from Dubai. It has the largest bulk cargo loading and unloading port in the Middle East and North Africa, an international airport, and will become the terminus of the Etihad Railway.
3. Business environment: RAKEZ is rated as an "A" safe, reliable and stable investment place by Fitch and Poor's, and has strong federal support from the Economic Development Bureau and ECI.
4. Tax burden advantage: Companies registered in the RAKEZ Free Trade Zone are exempt from tax burdens, including income tax, export tax and import tax.
If you are engaged in industry, service industry, tourism industry and agriculture, RAKEZ is suitable for you to set up a company.
Ras Al Khaimah Economic Zone offers favorable conditions such as low operating costs, tax exemption and 100% foreign ownership, which attracts a large number of international companies to settle in. In addition, the area is rated as a safe and reliable investment location with an "A" grade by Fitch and Poor's, with a total output value of approximately US$11 billion. Strong government support and low operating costs (40% lower than other areas) further attract international brands and companies to settle in, including more than 200 Chinese companies.
Ras Al Khaimah Economic Zone (RAKEZ) issues commercial, general trade, industrial and service licenses.
1. Prepare registration materials: Company name: It is recommended to prepare 2-3 English names to increase the success rate of name verification. Registered capital: Usually 100,000 dirhams, no actual payment is required. Registered address: No need to rent a physical office, Ras Al Khaimah Economic Zone provides a free registered address. Shareholder and director information: Scanned copies of ID card and passport, as well as proof of address and personal English resume within the last 3 months are required. Other documents: including passport scans and ID card scans of shareholders and directors, proof of address, personal English resume, business plan, etc.
2. Submit application: Fill in the company registration application form and draft business plan and other documents. Submit the company application documents to the Ras Al Khaimah Economic Zone Registry for review.
3. Review process: The review process usually takes about 15 working days. After the review is passed, collect the company registration certificate and other relevant documents.
The Ras Al Khaimah Economic Zone is promoting several important projects, including the Wynn Resorts, the first large-scale casino project in the Middle East, which plans to attract 3.5 million tourists by 2027. In addition, the China-Arab Shandong Industrial Park has also landed in the region, invested and built by the Shandong Timber and Wood Products Association with a total investment of US$360 million, and plans to create more than 3,500 new jobs in the next five years.
1. Company Name: At least 3 proposed company names for Ras Al Khaimah, in English format, which must not contain any country names, regions, or sensitive terms such as oil, natural gas, aviation, banking, insurance, etc. The name must end with LIMITED or LTD.
2. Registered Capital: The standard registered capital is 50,000 dirhams, with no need for actual payment.
3. Director and Shareholder Information: Provide identity documents, passport scans for all directors and shareholders, as well as proof of address for the past three months (such as utility bills).
4. Registered Address: Provide a valid registered address within Ras Al Khaimah.
5. Business Scope: Clearly define the company's business activities and objectives.
6. Other Documents: Provide contact details (phone and email) for shareholders and directors, as well as personal resumes (including educational background, professional experience, and certificates).
Industries suitable for company registration in the Ras Al Khaimah Free Zone include logistics, trade, manufacturing, technology, and heavy industries. The Ras Al Khaimah Free Zone offers various business facilities and preferential policies to meet the needs of different industries.
1. Logistics and Trade: The Ras Al Khaimah Free Zone has its own seaport and airport, making transportation convenient and ideal for logistics and trading companies. Additionally, the free zone provides warehouses and storage spaces of various sizes, suitable for storing and transporting goods.
2. Manufacturing: The free zone has industrial parks and technology parks, making it suitable for heavy and light manufacturing industries.
3. Technology: The free zone includes business parks and technology parks designed for tech companies, making it ideal for high-tech enterprises and research institutions.
4. Heavy Industries: The free zone has dedicated industrial parks, suitable for heavy industrial projects.
1. Zero or low corporate tax: Companies in Ras Al Khaimah Free Trade Zone typically enjoy zero or low corporate tax rates.
2. No personal income tax: Companies registered in the free trade zone are not required to pay personal income tax.
3. No capital gains tax: Free trade zone companies are exempt from capital gains tax.
4. No value-added tax (VAT): Companies registered in the free trade zone do not need to pay VAT.
5. 100% tax exemption on income and corporate tax: Free trade zone companies can enjoy 100% exemption on income and corporate taxes.
6. No withholding tax: Companies registered in the free trade zone are not required to pay withholding tax.
7. Double taxation avoidance agreements with multiple countries: Free trade zone companies have signed double taxation avoidance agreements with multiple countries, further reducing tax burdens.
1. Cost advantage: The registration cost for companies in the Ras Al Khaimah Economic Zone is only one-third of the average cost in Dubai.
2. Geographical advantage: RAKEZ is located at the entrance of the Persian Gulf, close to seaports and airports, just a 45-minute drive from Dubai. It boasts the largest bulk cargo unloading port in the Middle East and North Africa, an international airport, and will become the terminal station of the Etihad Rail.
3. Business environment: RAKEZ is rated as an 'A'-grade safe and stable investment destination by Fitch and Moody's, with strong support from the Economic Development Department and ECI.
4. Tax advantage: Companies registered in the RAKEZ free trade zone can be exempt from tax liabilities, including income tax, export tax, and import tax.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.
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