Establishing a Factory and Manufacturing in RAKEZ, Dubai, UAE

Establishing a Factory and Manufacturing in RAKEZ, Dubai, UAE

One of the most suitable options for businesses wishing to establish a factory and commence production in Dubai, UAE, is the opportunity offered by the Ras Al Khaimah Economic Zones (RAKEZ), which is replete with advantages. RAKEZ provides a globally competitive business environment and offers unique incentives and facilitative services to attract international investors. Therefore, companies seeking to leverage the UAE's economic strength can successfully establish a factory with RAKEZ's strategic location, modern infrastructure, and effective support services.
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Manufacturing by Setting Up a Factory in UAE RAKEZ

Benefits of Setting Up a Factory in RAKEZ Ras Al Khaimah

Dubai RAKEZ Ras Al Khaimah benefits its companies in the following ways:

Dubai RAKEZ Ras Al Khaimah Company Types

The legal forms of UAE RAKEZ Ras Al Khaimah companies depend on whether they are established in the free zone or non-free zone areas of the Ras Al Khaimah Economic Zone. A free zone company can have 100% foreign ownership. A non-free zone company is established with a UAE local partner. It is subject to UAE business laws. The details of the different legal forms of Dubai RAKEZ Ras Al Khaimah companies are tabulated below:

Zone

Legal Form

Number of Shareholders

Features

Dubai RAKEZ Ras Al Khaimah free zone

Free zone limited liability company (FZ-LLC)

One to fifty (1 – 50)

Zero corporate tax

Zero income tax

Zero customs duty

Zero re-export tax

Freedom to source labor

100% foreign ownership

Access to the Ras Al Khaimah local market

Dubai RAKEZ Ras Al Khaimah non-free zone

Sole establishment

One (1)

Zero corporate tax

Zero income tax

Sell directly in the local market

Zero customs duty on sales in UAE and Gulf Cooperation Council (GCC) markets.

UAE Dubai RAKEZ Ras Al Khaimah non-free zone

Limited liability company (LLC)

Two to fifty (2 – 50)

Dubai RAKEZ Ras Al Khaimah non-free zone

Branches of companies established inside or outside the UAE.

None

License Types for Ras Al Khaimah Companies

The license options listed below are available for any UAE Dubai RAKEZ Ras Al Khaimah company:

Commercial and industrial licenses allow a company to operate in both the UAE Dubai RAKEZ Ras Al Khaimah free zone and the non-free zone area. Therefore, a professional license is issued for both free zone and non-free zone areas depending on the nature of the professional activity.

Required Documents for a Ras Al Khaimah Manufacturing Company

The following documents are required to set up a company with the Ras Al Khaimah Economic Zone:

Color copy of passport / Emirates ID (for UAE residents).

Manufacturing by Setting Up a Factory in UAE Dubai

It is mandatory to lease office space for your UAE Dubai RAKEZ Ras Al Khaimah company.

A specific number of fixed visas are allocated for each office option. Therefore, the first and most important parameter to consider when finalizing an office space is the number of visas they expect to get from the UAE RAKEZ Ras Al Khaimah companies. Therefore, after determining this, considerations such as space, flexibility, privacy, and additional facilities should be addressed.

Flexi Desk

This is an affordable workstation suitable for all businesses, mostly startups, that do not intend to obtain multiple visas. It is also an attractive option for freelancers who work alone. Because with a flexi desk, you can get up to one (1) visa. Additionally, UAE Dubai RAKEZ Ras Al Khaimah offers two (2) flexi desk options: 'Flexi Desk BC' and 'Flexi Desk'.

Flexi Office

The flexi office is a shared office in a large co-working space. A maximum of two (2) visas are allocated if you choose a flexi office for your UAE Dubai RAKEZ Ras Al Khaimah company. Access to facilities such as meeting rooms, event spaces, cafes, etc., is also provided. Because the additional benefits of the flexi office include unlimited use of the open workspace. It also includes free use of lockers and free access to events hosted by UAE Dubai RAKEZ Ras Al Khaimah. Flexi offices only cater to freelancers or companies with commercial or service license types.

Ready Office

A suitable option for small companies that want to rent a private workspace for their staff. Your staff will be given a private workspace in a closed office. They will share the room with other like-minded companies. A ready office comes with a maximum of four (4) visa allocations. For this reason, ready offices are classified as 'Quick Office A' and 'Serviced Office B' depending on the visa allocations and the size of the office.

Executive Office

If you need up to six (6) visas, a private office space in an advanced facility, and a larger area for your staff and clients, choose an executive office. Please note that the executive office is only granted to companies with a commercial, service, or general trading license. The executive office is a desirable choice for small and medium-sized companies.

Become a Successful Woman Entrepreneur with UAE Ras Al Khaimah

Being a woman in a Middle Eastern country like the United Arab Emirates has its advantages. Because with the development of gender equality, women have all the advantages these days. Therefore, women have been successful in achieving their dreams of becoming a girl boss by starting thriving businesses in the UAE.

In August 2019, the Ras Al Khaimah Economic Zone, mostly known as UAE Dubai RAKEZ Ras Al Khaimah, launched a special businesswomen's package. It also pledged to carry forward the idea of women's empowerment. Interestingly, RAK EZ launched these packages on Emirati Women's Day.

The businesswomen packages include all the advantages of setting up a UAE Dubai RAKEZ Ras Al Khaimah company. Additionally, women who set up a company under the businesswomen packages will benefit from the following advantages:

  1. Low-Cost Company Setup

Women can set up their dream company with UAE Dubai RAKEZ Ras Al Khaimah at very affordable costs, starting from AED 6,280. Because under these packages, women can also use an office desk for an unlimited period for three (3) months. Normally, the use of a flexi desk in other free zones is limited.

  1. Installment Payments

Another great advantage of these packages is that women can pay for the company they set up in installments if they wish. Therefore, UAE Dubai RAKEZ Ras Al Khaimah has various installment plans for payments starting from three (3) months.

  1. Special Zero-Balance Bank Account for the UAE Dubai RAKEZ Ras Al Khaimah Businesswomen Package
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    UAE Dubai RAKEZ Ras Al Khaimah offers this deal exclusively to women. This is also a great advantage for a businesswoman. Women can open a zero-balance business account for their company at RAK bank. At the same time, the bank account can be opened in multiple currencies. Because this account can be opened without the hassle of going back and forth for bank approvals.

    1. Priority Ticket at UAE Dubai RAKEZ Ras Al Khaimah's One-Stop-Shop (OSS) Centers

    Women can choose the following license types for their UAE Dubai RAKEZ Ras Al Khaimah companies:

    • Commercial license
    • Educational license
    • E-commerce license
    • Media license
    • Professional license
    • General trading license
    • Service license

    The renewal cost for the second year will be AED 1,000 less than the company setup cost.

    For this reason, women entrepreneurs can get from zero to six (0 to 6) visas from UAE Dubai RAKEZ Ras Al Khaimah companies.

    Here are the benefits of UAE Dubai RAKEZ Ras Al Khaimah companies

    Most commercial activities

    Carry out more than four thousand (4,000) commercial activities.

    Doing business in the free zone and non-free zone

    UAE Dubai RAKEZ Ras Al Khaimah offers company solutions for both free zones and non-free zones

    Women's empowerment

    UAE Dubai RAKEZ Ras Al Khaimah supports women by offering special prices.

    Minimum capital

    Set up a company with a capital of only AED 10,000.

    Special economic zones

    UAE Dubai RAKEZ Ras Al Khaimah has special industrial, academic, and commercial activity zones.

    Freelancers can work in UAE Dubai RAKEZ Ras Al Khaimah

    UAE Dubai RAKEZ Ras Al Khaimah has special licenses for freelancers

    Flexible payment options

    License renewal payments can be made annually or after three years. Interest-free installment options are also available for company setup and license renewals.

    All-inclusive

    You pay one amount for your UAE Dubai RAKEZ Ras Al Khaimah company, office space, and visa allocations.

     

    Set Up Your Company Now UAE Dubai Rakez Factory

Dubai RAKEZ Ras Al Khaimah Company Formation

The Ras Al Khaimah Economic Zone or RAKEZ Ras Al Khaimah is a combination of two free zones: the UAE Dubai Rakez-RAK Free Zone Investment Authority. RAKEZ Ras Al Khaimah is located in the emirate of Ras Al Khaimah in the United Arab Emirates. It is also known that businesses in Ras Al Khaimah have flourished primarily due to the economic security and stability offered by the city. For this reason, UAE RAKEZ Ras Al Khaimah companies are a prime example of this. This is because UAE RAKEZ Ras Al Khaimah offers customisable company formation options. Furthermore, Ras Al Khaimah's ports, airport, and highways provide a “24-hour” connection, making it an ideal hub for any company.

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