3 Incredible Advantages to Start Business in RAK

Formerly RAKFZ and RAKIA, RAKEZ now covers the former entities, Ras Al Khaimah Free Zone and Ras Al Khaimah Investment Authority, unified into one structure to efficiently oversee its clientele, administration and operations throughout all its districts. Awarded as the UAE’s most cost effective free zone by the by the FDI Global Free Zones of the year Awards in 2017, RAK makes an excellent option for entrepreneurs and investors with limited budgets to start a business setup in UAE. But aside from cost advantage, RAK also benefits from a highly strategic location and lucrative incorporation timeline.

Advantages

Over many similar zones in UAE and across the world, RAKEZ Enjoys a unique cost, location and setup advantage. Here is why investors prefer RAK as their business setup location.

Low-Cost Provisions

·         Offering preinstalled, customization structures and Tailored solutions for warehouse provisions

·         Ideal for manufacturing, trading, assembly, storage, and transport

·         Tiered packages include insurance, peripheral and utility services and security

·         Onsite accommodation benefit for laborers with affordable manpower for hire

Location Advantage

·         Multi lane superhighway networks and logistical hubs connected diversely

·         Local and international market access in regions such as Middle East, Europe, North Africa and Asia

·         Easy for transporting fright through multiple sea ports, airports and metro networks

·         Premier locations, top class amenities with variety of land sizes for purchasing

·         Benefit to build or rent accommodation space on-site for laborers

Setup Advantages

·         Easy 3 step incorporation process, fast business license delivery and walk-in work space

·         Abundance of experienced and certified consultancy agencies in UAE 

·         Fast registration for legal structures including, RAK free zone business setup, RAK offshore company setup, and non-free zone in specialized businesses in segregated zones

·         Affordable payment plans with flexible leasing options for properties and offices