Question 1

What is RAKEZ?

Accepted Answer

RAKEZ (Ras Al Khaimah Economic Zone) is the UAE's most affordable major free zone, located in Ras Al Khaimah. It offers free zone and non-free zone (industrial) business setup for manufacturing, trading, industrial and commercial activities. Setup starts from AED 8,500 with large visa quotas (up to 10), warehouse and factory units, and direct access to Saqr port.

Question 2

Which is cheaper — Ajman or Ras Al Khaimah free zone?

Accepted Answer

Ajman Free Zone (AFZ) at AED 5,500 is cheaper than RAKEZ (Ras Al Khaimah Economic Zone) at AED 8,500 for the basic license. However, RAKEZ offers more diverse options including industrial land, warehouses and manufacturing facilities that AFZ doesn't. For a basic trading or service company, AFZ is cheaper. For industrial, manufacturing or larger teams, RAKEZ offers better infrastructure value.

Question 3

What is the cheapest free zone in UAE?

Accepted Answer

Ajman Free Zone (AFZ) is the cheapest free zone in UAE, with packages starting from AED 5,500 for a basic trade license. RAKEZ (Ras Al Khaimah Economic Zone) is the second most affordable at AED 8,500, followed by SHAMS (Sharjah Media City) at AED 11,500 and IFZA at AED 12,900. These budget-friendly zones offer full 100% foreign ownership, zero tax, and fast setup.

Question 4

Can foreigners own 100% of a business in UAE?

Accepted Answer

Yes. Foreigners can own 100% of a UAE business both in free zones and, since 2021, in most mainland sectors without a local sponsor. Free zones have always allowed 100% foreign ownership. The UAE Companies Law amendment in 2021 extended full foreign ownership to mainland companies across most business activities, with only a few strategic sectors still requiring UAE national partners.

RAKEZ Company Setup — Ras Al Khaimah Free Zone From AED 8,500

Why Choose RAKEZ?

RAKEZ Packages

Flexi Desk — AED 8,500

Executive Package — AED 14,500

Industrial Package — custom