Ras Al Khaimah Investment Authority Free Zone (RAKIA)
To develop an investment climate and promote Ras al-Khaimah’s economic sector, Ras Al Khaimah Investment Authority (RAKIA) Free Zone was founded in 2015. It is composed of 2 industrial parks for investors to choose from while setting up a business in the free zone. RAKIA free zone provides great support to its investors and ensures smooth and hassle-free business setup at a very low cost, thus helping companies to thrive in the region and beyond. Its vision to build a diverse economy that enjoys strong and sustainable growth by attracting foreign investment is what makes RAKIA one of the best free zones in the UAE. Also, given the strategic geographical location at the crossroads between the east and the west, excellent infrastructure, strong support from the government, and, not to forget, the unmatched natural beauty, it is no surprise that RAKIA has emerged as a destination of choice for investors and leisure travelers alike.
Types of Company Setup in RAKIA
Free Zone Establishment (FZE)
This type of business is allowed for just 1 shareholder. The owner can be an individual or an already established company in the UAE or abroad.
Free Zone Company (FZC)
This type of business accommodates multiple shareholders. A free zone company can have 2 to 5 shareholders.
Limited Liability Company (LLC)
In this type of business, the members of the company cannot be held personally liable for the company’s debts or liabilities.
Non-Free Zone Branch
Types of Licenses for Company Setup in RAKIA