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BUSINESS GUIDE

CONTENT
INTRODUCTION TO RAS AL KHAIMAH 18 FACILITIES
1 RAS AL KHAIMAH 18 FLEXI FACILITIES
2 WORK, LIVE, PLAY 21 OFFICES
4 CONNECTIVITY TO LOGISTICAL HUBS 22 WAREHOUSES
5 COST-EFFECTIVE DESTINATION 25 LAND FOR DEVELOPMENT
26 STAFF AND LABOUR ACCOMMODATION
INTRODUCTION TO RAKEZ 28 ONE-STOP SHOP
9 WHAT IS RAKEZ?
10 BUSINESS TYPES COMPANY SET-UP
11 COST-EFFECTIVE BUSINESS SOLUTIONS 31 COMPANY SET-UP PROCESS OVERVIEW
12 THE ZONES 32 LEGAL ENTITIES
13 AL HULAILA INDUSTRIAL ZONE 33 LICENCE TYPES
14 AL HAMRA INDUSTRIAL ZONE 34 POPULAR ACTIVITIES PER LICENCE TYPE
15 AL GHAIL INDUSTRIAL ZONE 36 DOCUMENT CHECKLIST
16 RAKEZ BUSINESS ZONE 37 RECEIVE YOUR INVOICE
17 RAKEZ ACADEMIC ZONE 38 RECEIVE YOUR BUSINESS LICENCE
INTRODUCTION TO
RAS AL KHAIMAH
RAS AL KHAIMAH
At the northernmost part of the United Arab Emirates (UAE) lies the beautiful emirate of Ras Al Khaimah, or simply (RAK), one of the seven emirates
that comprise the United Arab Emirates (UAE), along with Dubai and Abu Dhabi.
Less than an hour’s drive from Dubai International Airport, RAK offers a strategic geographical location with easy access to fast-growing markets
across the Middle East, Africa, Europe and South Asia region, making it one of the leading business destinations in the country. The combination of
RAK’s business-friendly environment and cost competitiveness has helped thousands of investors gain a higher return on investment over the years.

POPULATION REAL GDP GDP RATINGS


GROWTH
S&P / FITCH:
355,005* 4.6%* AED 36.3 BN* ‘A’ OUTLOOK STABLE
*2016 estimates from RAK Centre for Statistics & Studies
WORK

LIVE
PLAY
4 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAS AL KHAIMAH

CONNECTIVITY TO LOGISTICAL HUBS


FIVE MAJOR SEAPORTS AND AN INTERNATIONAL AIRPORT FREEDOM TO SOURCE COST-EFFECTIVE LABOUR

DIVERSIFIED INDUSTRY SECTORS EASY ACCESS TO SUPPLY CHAIN OF RAW MATERIALS

OVER 26% OF RAK’S GDP COMES FROM MANUFACTURING


INTRODUCTION TO RAS AL KHAIMAH RAKEZ BUSINESS GUIDE 5

COST-EFFECTIVE DESTINATION
HOUSING RAS AL KHAIMAH COMPARED TO AVERAGE UAE RAS AL KHAIMAH COMPARED TO INTL. CITIES
10,000 12,000
9,360 11,057

10,000
8,000
8,027
8,000
6,000
4,991 6,000
5,068
4,000 3,667
4,000
2,450
2,450
2,000 2,000

0 0
Ras Al Khaimah UAE* Ras Al Khaimah Paris New York London

Average rent per month in AED 3- Bed 1- Bed 1-Bedroom apartment rent per month in AED
Source: www.numbeo.com *Abu Dhabi, Dubai and Sharjah

EDUCATION RAS AL KHAIMAH COMPARED TO AVERAGE UAE RAS AL KHAIMAH COMPARED TO INTL. CITIES
120,000
40,000
36,125
35,000 100,788
100,000 96,027

30,000 29,250
80,000
25,000
59,744
60,000
20,000

15,000 40,000
29,250

10,000 20,000

5,000
0
Ras Al Khaimah Paris New York London
0
Ras Al Khaimah UAE
Primary school average fees per year / 1 child in AED
Premium segment school fees average per year in AED Source: www.numbeo.com
USD 1 = AED 3.65
Source: School Survey, Research and Analysis
INTRODUCTION
TO RAKEZ
INTRODUCTION TO RAKEZ RAKEZ BUSINESS GUIDE 9

WHAT IS RAKEZ?
RAS AL KHAIMAH ECONOMIC ZONE: THE COST-EFFECTIVE INVESTMENT DESTINATION

Based in the heart of Ras Al Khaimah and guided by the vision of


His Highness Sheikh Saud bin Saqr Al Qasimi, United Arab Emirates Governing Authority
Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah
Economic Zone (RAKEZ) was established to oversee and consolidate the
2017
specialised zones and clients of both Ras Al Khaimah Free Trade Zone
and RAK Investment Authority.
Founded
RAKEZ is committed to its promise of empowering free zone and non-free
zone investors by offering a cost-effective and world-class economic
2005
zone with customisable packages and services as well as state-of-the-
art facilities.
Founded
Blessed with a strategic location, RAKEZ connects investors to growing
markets of the Middle East, North Africa, Europe as well as South and 2000
Central Asia.

MORE THAN FROM OVER EXCEEDING

13,000COMPANIES
100
COUNTRIES
50
SECTORS
10 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

BUSINESS TYPES
RAKEZ offers three main options for starting a business, which are:

ZERO TAXATION
100% OWNERSHIP & PROFIT REPATRIATION

FREE ZONE ENTITY ACCESS TO LOCAL MARKET THROUGH A LOCAL AGENT


NO CUSTOMS DUTY ON RE-EXPORTED GOODS
FREEDOM TO SOURCE LABOUR

ZERO TAXATION
ESTABLISHED IN ASSOCIATION WITH A UAE PARTNER
NON-FREE ZONE DIRECT SALES IN LOCAL MARKET
ENTITY
NO CUSTOMS DUTY FOR SALES IN LOCAL OR GCC MARKETS
SUBJECT TO UAE LABOUR LAW

COMPANY LIMITED BY SHARES


COMPANY LIMITED BY GUARANTEE
RESTRICTED COMPANY PURPOSES
OFFSHORE SEGREGATED COMPANY PORTFOLIO
UNLIMITED COMPANY
TRANSFER OF DOMICILE
INTRODUCTION TO RAKEZ RAKEZ BUSINESS GUIDE 11

COST-EFFECTIVE BUSINESS SOLUTIONS


◾◾ Free zone and non-free zone entity formation
◾◾ 100% ownership
◾◾ Wide-ranging business and industrial facilities and value-added services
◾◾ Connectivity to major logistical hubs and multilane super highways
◾◾ Accessibility via an international spread of regional offices
◾◾ Easy access to markets across the Middle East and North Africa (MENA) region, as well as Europe and Asia
◾◾ Easy access to major logistical hubs including Saqr Port, the largest bulk container port in the MENA region
◾◾ Close proximity to RAK and Dubai International Airports
12 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

THE ZONES
SPECIALISED ECONOMIC ZONES
HOSTING OVER 50 SECTORS AL HULAILA
INDUSTRIAL ZONE
2.8 MILLION M2

RAKEZ
BUSINESS ZONE
27,138 M2

AL HAMRA
INDUSTRIAL ZONE RAKEZ
9.3 MILLION M2 ACADEMIC ZONE
3,8 MILLION M2

AL GHAIL
INDUSTRIAL ZONE
28.2 MILLION M2
INTRODUCTION TO RAKEZ RAKEZ BUSINESS GUIDE 13

AL HULAILA INDUSTRIAL ZONE

◾◾ Land space and state-of-the-art warehouses of different sizes for industrial projects
◾◾ Proximity to Saqr Port
◾◾ Flexibility to construct facilities based on business requirements 2.8 MILLION M2
◾◾ Connectivity to multilane superhighways
◾◾ Easy connection with utility and communication providers
◾◾ Availability of on-site staff and labour accommodations
◾◾ Option to build own accommodation on leased land
◾◾ Land plots of various sizes from 2,500 m2
◾◾ Warehouses of various sizes from 200 m2 to 400 m2
1000m
14 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

AL HAMRA INDUSTRIAL ZONE

◾◾ Modern industrial hub


◾◾ Choice of free zone or non-free zone entity formation 9.3 MILLION M2
◾◾ Land space and state-of-the-art warehouses of different sizes for light
industries and industrial projects
◾◾ Proximity to the city and its services
◾◾ Connectivity to multilane superhighways
◾◾ Proximity to Dubai and RAK International Airports
◾◾ Flexibility to construct facilities based on business requirements
◾◾ 24-hour supply of power, water, gas and other utilities
◾◾ Availability of on-site staff and labour accommodations
◾◾ Option to build own accommodation on leased land
◾◾ Land plots of various sizes from 5,000 m2
◾◾ Warehouses of various sizes from 200 m2 to 400 m2 1000m
INTRODUCTION TO RAKEZ RAKEZ BUSINESS GUIDE 15

AL GHAIL INDUSTRIAL ZONE

◾◾ The industrial heartland of Ras Al Khaimah


◾◾ Perfect for large-scale projects
◾◾ Choice of free zone or non-free zone entity formation
28.2 MILLION M2
◾◾ Land space for industrial companies operating manufacturing and
processing activities
◾◾ Option to build own on-site accommodation on leased land
◾◾ Proximity to Dubai, Sharjah and other northern emirates
◾◾ Connectivity to multilane superhighways
◾◾ Only a short distance to Al Jazeera Port, 8.3 km (10-minute drive)
◾◾ Easy connection with utility and communication providers
◾◾ Land plots of various sizes available from 5,000 m2 1000m 1000m
16 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

RAKEZ BUSINESS ZONE

◾◾ A dedicated zone for startups, entrepreneurs and SMEs


◾◾ Ideal for commercial, service and consultancy businesses 1,421
◾◾ Flexi Desks and Flexi Offices: modern shared and networked P

workstations or offices
◾◾ Small to medium-sized private offices
◾◾ Ready or customisable office spaces
P

◾◾ Furnished and unfurnished offices available


P

◾◾ High-speed Internet network P

◾◾ Accessible 24 / 7 and 24-hour security P

◾◾ Advanced IT and telecommunications infrastructure ATM


P

◾◾ Secretarial and business centre services


◾◾ One-stop shop facility and value-added services
INTRODUCTION TO RAKEZ RAKEZ BUSINESS GUIDE 17

RAKEZ ACADEMIC ZONE

◾◾ A dedicated zone for education providers


◾◾ Professional assistance and support to ensure smooth functioning of the institutions
◾◾ Provides five categories of licences including: School/ELC, Higher Education, Non-Academic
Service Providers, Education/Support Consultancy and Training
◾◾ Cost-effective solutions to offer educational programmes
◾◾ Executive offices – ideal for education support
◾◾ Consultancy and training institutes
◾◾ Pre-built buildings – ideal for startup Higher Education Providers (HEP)
3.8 MILLION M2
◾◾ Land – ideal for building a K-12 school or a university
◾◾ Option for leasing or building an educational facility
1000m
18 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

FACILITIES
CUSTOMISED TO YOUR BUSINESS NEEDS
FLEXI FACILITIES
Flexi facilities are shared workstations, offering startup companies with a low-risk ideal solution.

FLEXI DESK FLEXI OFFICE


Licence Type ◾◾ Commercial, Services, General Trading, E-Commerce, Media, ◾◾ Commercial, Services, General Trading, E-Commerce, Media,
Individual / Professional, and Tourism Individual / Professional, and Tourism
Features ◾◾ Furnished and semi-enclosed workstations ◾◾ Furnished and enclosed office
◾◾ One executive desk and chair ◾◾ Two executive desks and chairs per office
◾◾ One shared computer ◾◾ Two shared computers
Incentives ◾◾ Ideal way to test the market ◾◾ Ideal way to test the market
◾◾ Access to secretarial and business centre services ◾◾ Access to secretarial and business centre services
◾◾ Value-added services provided in a one-stop shop ◾◾ Value-added services provided in a one-stop shop
◾◾ Dedicated phone number and email address and shared fax ◾◾ Dedicated phone number and email address and shared fax
◾◾ Ten hours of free usage per week ◾◾ Ten hours of free usage per week
◾◾ Option to upgrade to any type of offices or other facilities ◾◾ Option to upgrade to any type of offices or other facilities
◾◾ Free car park ◾◾ Free car park
Visa Services ◾◾ Eligibility to apply for UAE Residence Visa for investor / partner and manager ◾◾ Eligibility to apply for UAE Residence Visa for investor / partner and manager
Lease Terms ◾◾ One year, renewable annually ◾◾ One year, renewable annually
◾◾ Payment of a full year’s rent at the time of registration or licence renewal ◾◾ Payment of a full year’s rent at the time of registration or licence renewal
◾◾ 3 years upfront payment is accepted ◾◾ 3 years upfront payment is accepted
21 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

OFFICES
RAKEZ offers a wide range of office types that are perfect for companies looking to build a permanent presence in the market.

STANDARD OFFICES EXECUTIVE OFFICES


Licence Type ◾◾ Commercial, Services, General Trading, E-Commerce, Media, ◾◾ Commercial, Services, General Trading, E-Commerce, Media,
Individual / Professional, and Tourism Individual / Professional, and Tourism
Features ◾◾ Private and unfurnished office (furniture available at extra cost) ◾◾ Private and unfurnished office (furniture available at extra cost)
◾◾ Small to medium size ◾◾ Small to medium size
◾◾ 6.5 m² to 11.9 m² ◾◾ 12 m² to 20 m² (expandable based on availability)
Incentives ◾◾ 24-hour security and full accessibility ◾◾ 24-hour security and full accessibility
◾◾ Access to corporate business centre services ◾◾ Access to corporate business centre services
◾◾ Availability of value-added services in a one-stop shop ◾◾ Availability of value-added services and one-stop facility
◾◾ Dedicated phone number, fax number and email address ◾◾ Free cleaning services (for offices up to 25 m² size)
◾◾ Housekeeping services (available at extra cost) ◾◾ Private postal address through Emirates Post
◾◾ Private postal address through Emirates Post (available at extra cost)
(available at extra cost) ◾◾ Free car park
◾◾ Free car park
Visa Services ◾◾ Eligibility to apply for UAE Residence Visa for investor / partner ◾◾ Eligibility to apply for UAE Residence Visa for investor / partner
and manager and manager
Lease Terms ◾◾ One year, renewable annually ◾◾ One year, renewable annually
◾◾ Payment of a full year’s rent at the time of registration or ◾◾ Payment of a full year’s rent at the time of registration or
licence renewal licence renewal
◾◾ 3 years upfront payment is accepted ◾◾ 3 years upfront payment is accepted
22 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

WAREHOUSES
RAKEZ provides spacious, customisable warehousing solution for investors dealing in light and heavy manufacturing, storing of goods and general assembly.

Licence Type ◾◾ Commercial, Services, General Trading, E-Commerce, Media, Visa Services ◾◾ Eligibility to apply for UAE Residence Visas for
Individual / Professional, Tourism, Industrial investor/partner, manager, staff and labourers
Features ◾◾ Available in various sizes starting from 150 m² to Lease Terms ◾◾ One year, renewable annually
unlimited sizes ◾◾ Payment of a full year’s rent at the time of
◾◾ Can be modified with approval from RAKEZ registration or licence renewal
◾◾ Space for loading and unloading consignments ◾◾ 3 years upfront payment is accepted
◾◾ Heat-insulated roof and door
Utility Fees* ◾◾ Electricity: AED 0.45 per kWh
◾◾ Office inside warehouse ◾◾ Water: AED 0.04 per gallon
◾◾ Warehouse height is from 6.5 m² to 7.2 m² * Rates as per Federal Electricity and Water Authority
◾◾ Measurements of the main warehouse gate are
4 m (width) x 4.5 m (height)
◾◾ State-of-the-art fire and safety with
sprinklers system
Incentives ◾◾ Proximity to retail districts and major logistical hubs
◾◾ Provision for on-site staff and labour accommodation
◾◾ 24-hour security and full accessibility
◾◾ Labour, forklifts and cleaning services
(available at extra cost)
◾◾ Easy access to manpower for loading, unloading
and cargo handling
◾◾ Private postal address through Emirates Post
(available at extra cost)
◾◾ Free car park
INTRODUCTION TO RAKEZ RAKEZ BUSINESS GUIDE 25

LAND FOR DEVELOPMENT


RAKEZ offers plots of land for industrial, logistical and service industry projects.

Licence Type ◾◾ Commercial, General Trading and Industrial


Features ◾◾ Available in various sizes starting from 2,500 m²
◾◾ Well-paved roads at all locations
◾◾ Connection to utility and telecommunication providers
Incentives ◾◾ Proximity to major logistical hubs and neighbouring emirates
◾◾ Provision for on-site staff and labour accommodation
◾◾ Flexibility to construct facility according to client’s requirements, with approval from RAKEZ
◾◾ Easy access to manpower for loading, unloading and cargo handling
◾◾ Private postal address through Emirates Post (available at extra cost)
Visa Services ◾◾ Eligibility to apply for UAE Residence Visas for investor/partner, manager, staff and labourers
Lease Terms ◾◾ Payment of a full year’s rent at the time of registration or licence renewal
◾◾ 3 years upfront payment is accepted or more
Utility Fees* ◾◾ Electricity: AED 0.45 per kWh
◾◾ Water: AED 0.046 per gallon
* Rates as per Federal Electricity and Water Authority
26 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

STAFF AND LABOUR ACCOMMODATION


RAKEZ provides convenient housing for staff and labourers at its industrial zones.

LABOUR ACCOMMODATION
Size ◾◾ 24.94 m² to 30 m²
Features ◾◾ 4 or 8 people per room
◾◾ Air condition unit
◾◾ Only male staff are allowed
Incentives ◾◾ General toilets and wash-rooms
◾◾ Nearby amenities such as grocery, cafeteria, etc.
◾◾ Option to lease bed space (rent inclusive of utilities electricity and water)
◾◾ 24-hour security
◾◾ Free car park

STAFF ACCOMMODATION
Size ◾◾ 33.10 m² to 36.08 m²
Features ◾◾ Two people per studio unit
◾◾ Furnished and unfurnished studio units
◾◾ Air-conditioned unit
◾◾ Only male staff are allowed
Incentives ◾◾ Nearby amenities such as grocery, cafeteria, etc.
◾◾ 24-hour security
◾◾ Free car park
28 RAKEZ BUSINESS GUIDE INTRODUCTION TO RAKEZ

ONE-STOP SHOP
ACCOMPLISH MORE WITH LESS TIME AND EFFORT
We have established a central location where you can access first-class services in one place.
◾◾ Registration and leasing services ◾◾ Visa services ◾◾ Concierge services
◾◾ Licence renewal services ◾◾ Government support ◾◾ Administrative assistance
◾◾ On-going business support

Government of Ras Al Khaimah

ci...J_,, '° ·; a\11 a ,


o i ·; u oJ •l.l
Department of Economic Development

Customs Department
COMPANY SET-UP
COMPANY SET-UP RAKEZ BUSINESS GUIDE 31

COMPANY SET-UP PROCESS OVERVIEW


CUSTOMISE YOUR PACKAGE SUBMIT YOUR DOCUMENTS AND RECEIVE YOUR BUSINESS LICENCE
PROCEED WITH PAYMENT

SELECT YOUR LEGAL ENTITY, LICENCE TYPE FILL OUT THE APPLICATION FORM AND RECEIVE YOUR LICENCE AND OTHER
AND FACILITY SUBMIT YOUR DOCUMENTS COMPANY FORMATION DOCUMENTS

LEGAL ENTITIES (see page 32 for more information on Legal Entities) (See page 36 for the complete list of required documents based on your legal entity.) You will receive an email from RAKEZ which contains:
FREE NON-
ZONE FREE ZONE
FREE ZONE ENTITY RECEIVE YOUR INVOICE
Licence
NON-FREE ZONE ENTITY The invoice will be sent to your email or you can also collect it
from our office. Bank Letter
BRANCHES
Certificate of Incorporation
PROCEED WITH PAYMENT
LICENCE TYPES (see page 33 for more information on Licence Types)
Memorandum of Association
Payment can be completed through any of the following methods:
COMMERCIAL INDUSTRIAL
◾◾ Cash at any of the RAKEZ offices in Ras Al Khaimah, Personnel Secondment Agreement
EDUCATIONAL MEDIA Dubai or Abu Dhabi
◾◾ Cheque addressed to Ras Al Khaimah Economic Zone, Partners List (if applicable)
E-COMMERCE PROFESSIONAL submitted to any of the RAKEZ offices in Ras Al Khaimah,
Dubai or Abu Dhabi.
GENERAL TRADING SERVICE ◾◾ Bank transfer to the account detailed on your invoice SIGN YOUR LEASE AGREEMENT AND RECEIVE
YOUR FACILITY KEY (if applicable)
INDIVIDUAL/PROFESSIONAL TOURISM
◾◾ Online, by following the customised link on your invoice
After receipt of payment, RAKEZ will proceed with pre-approval. Upon the issuance of Approach our one-stop shop to sign your lease agreement and
pre-approval, legal documents will be ready for signature. receive your facility key.
FACILITIES (see page 18 for more information on Facility Types)
FLEXI FACILITIES LEGAL DOCUMENTS READY FOR YOUR SIGNATURE

OFFICES ◾◾ Client Confirmation Letter


◾◾ Specimen Signature Form
WAREHOUSES ◾◾ Memorandum of Association (if applicable*)
*For Non-Free Zone LLC companies, Memorandum of Association must be signed in
LAND FOR DEVELOPMENT front of a notary public.
32 RAKEZ BUSINESS GUIDE COMPANY SET-UP

CUSTOMISE YOUR PACKAGE SUBMIT YOUR DOCUMENTS AND RECEIVE YOUR BUSINESS LICENCE
PROCEED WITH PAYMENT

LEGAL ENTITIES
There are several kinds of legal entities from which you can choose:

FREE ZONE LIMITED LIABILITY ESTABLISHMENT (FZE) FREE ZONE LIMITED LIABILITY COMPANY (FZ-LLC)
FREE ZONE ENTITY
◾◾ Sole owner ◾◾ 2-5 shareholders
◾◾ Can be either an individual or a corporate entity ◾◾ Can be individuals or corporate entities, or a
combination of both

INDIVIDUAL ESTABLISHMENT LIMITED LIABILITY COMPANY (LLC)


NON-FREE ZONE ENTITY
◾◾ Sole owner (can only be owned by an individual person) ◾◾ 2-50 shareholders
◾◾ Industrial and commercial can only be owned by a UAE ◾◾ Can be individuals or corporate entities or a
National or a GCC National. combination of both
◾◾ A professional-type establishment can be owned by ◾◾ GCC Nationals are treated as UAE Nationals provided
an individual of any nationality provided that a local that Non-GCC Nationals are not partners in the
service agent holding UAE nationality is appointed. company; otherwise there must be a UAE National
partner whose shareholding shall not be less than
51% of the company’s capital.

BRANCH OF A UAE-BASED COMPANY BRANCH OF A FOREIGN COMPANY


BRANCHES
◾◾ Companies incorporated in UAE (including free zones) ◾◾ Companies incorporated outside the UAE
◾◾ For Free Zone companies setting up a Non-Free Zone ◾◾ For a Non-Free Zone branch, appointing local service
branch, appointing a local service agent who is a UAE agent holding who is a UAE National is required.
National is required if the UAE shareholding is less
than 51% of the company’s capital.
COMPANY SET-UP RAKEZ BUSINESS GUIDE 33

LICENCE TYPES
We offer you a wide variety of business licences covering an array of activities:
FREE NON-
ZONE FREE ZONE

COMMERCIAL Trading in services and goods

EDUCATIONAL Opening an education-related institution or consultancy company

E-COMMERCE Trading in goods and services via electronic means

GENERAL TRADING Trading in multiple goods

INDIVIDUAL / PROFESSIONAL One owner with one activity in a specific specialty or expertise

INDUSTRIAL Manufacturing, importing, packaging and exporting products

MEDIA Operating media-related business activities

PROFESSIONAL For individuals who provide professional services

SERVICE Conducting services or consultancies across any industry

TOURISM Operating tourism-related activities or establishments


34 RAKEZ BUSINESS GUIDE COMPANY SET-UP

POPULAR ACTIVITIES PER LICENCE TYPE


COMMERCIAL ◾◾ Retail sale of pets ◾◾ Ladies club ◾◾ Vehicles e-trading
◾◾ Dry ice trading ◾◾ Out-bound tour operator ◾◾ Publications and media materials e-trading
FREE ZONE ACTIVITY ◾◾ Cars new spare parts trading ◾◾ Sport & recreational events tickets
◾◾ Acids & alkaline trading ◾◾ Buses & trucks new spare parts trading EDUCATIONAL e-trading
◾◾ Agricultural & veterinary pesticides trading◾◾ Cars used spare parts trading FREE ZONE ACTIVITY
◾◾ Diesel fuel trading ◾◾ Buses & trucks used spare parts trading
◾◾ Aviation training institute
INDIVIDUAL / PROFESSIONAL
◾◾ Software trading ◾◾ Cars tyres & outfit trading FREE ZONE ACTIVITY
◾◾ Adhesives trading ◾◾ Trucks tyres & outfit trading ◾◾ Security training institute
◾◾ Advertising requisites trading ◾◾ Heavy vehicles & equipment tyres & outfit ◾◾ Kindergarten ◾◾ Computer systems & software designing
◾◾ Agarwood & incense trading trading ◾◾ Primary school ◾◾ Electronic chips designing & programming
◾◾ Agricultural equipment & accessories trading ◾◾ Cars batteries trading ◾◾ Intermediate school ◾◾ Electronic equipment & devices systems &
◾◾ Aircraft scrap & used spare parts trading ◾◾ Trucks, equipment & machinery batteries ◾◾ Early learning centre software designing
◾◾ Aircraft spare parts & components trading trading ◾◾ Secondary school ◾◾ Computer system housing services
◾◾ Aircraft trading ◾◾ Cars accessories trading ◾◾ Vocational school ◾◾ Design & production of frame prototypes
◾◾ Aircrafts & helicopters trading ◾◾ Nursing school ◾◾ Network websites designing
◾◾ Agricultural equipment & machinery spare SERVICE ◾◾ Religious studies school ◾◾ Web hosting
parts trading ◾◾ Law training services ◾◾ Data collection from one or more sources
FREE ZONE ACTIVITY ◾◾ Data storing & recovering
◾◾ Agricultural tools trading ◾◾ Hospitality & tourism training services
◾◾ Agricultural tractors & machinery trading ◾◾ Motorcycle club ◾◾ Banking & finance training ◾◾ Data entering
◾◾ Air-condition & refrigeration spare parts ◾◾ Accounting & bookkeeping ◾◾ Insurance training ◾◾ Translation & languages
trading
◾◾ Aerial advertising services ◾◾ Radio & TV training centre ◾◾ Landscape design
◾◾ Air-condition trading ◾◾ Aviation club ◾◾ Tutoring services ◾◾ Business coaching
◾◾ Baby food trading ◾◾ Aviation consultancy ◾◾ Technical & occupational skills training ◾◾ Light archiving
◾◾ Animal & poultry farms equipment trading ◾◾ Basketball club ◾◾ Digital designing
◾◾ Beach club ◾◾ Child skills development training
◾◾ Basic industrial chemicals trading ◾◾ Mind abilities development centre ◾◾ Visual designing
◾◾ Billiards & snooker hall ◾◾ Jewellery design, jewellery, precious
NON-FREE ZONE ACTIVITY ◾◾ Body building club ◾◾ Education institute
◾◾ Manufacturing design
◾◾ Retail sales of nuts ◾◾ Bowling club ◾◾ Statistical analysis
◾◾ Trike scooters rental ◾◾ Hunting club E-COMMERCE
◾◾ Market researches
◾◾ Medical gas compressors rental ◾◾ In-bound tour operator FREE ZONE ACTIVITY
◾◾ Sleeping cabins rental ◾◾ Insurance agent ◾◾ Equipment e-trading
◾◾ Mobile phones rental ◾◾ Insurance consultancies ◾◾ Foodstuff e-trading
INDUSTRIAL
◾◾ Tents and umbrellas rental ◾◾ Insurance services ◾◾ Garments, textiles & gifts e-trading FREE ZONE ACTIVITY
◾◾ Trade in services & tools for relaxation ◾◾ Intellectual property registration agent ◾◾ Household, professional & personal goods ◾◾ Agricultural pesticides manufacturing
and massage - retail ◾◾ International airline representative office e-trading ◾◾ Animal & birds feed manufacturing
◾◾ Retail sale of live butterflies ◾◾ Jiu jitsu club ◾◾ Jewellery & precious stones e-trading ◾◾ Animal oil & fat manufacturing
COMPANY SET-UP RAKEZ BUSINESS GUIDE 35

◾◾ Baby food manufacturing ◾◾ Surfboards manufacturing PROFESSIONAL ◾◾ Three-star hotel


◾◾ Batteries distilled water manufacturing ◾◾ Beauty & personal care requisites manu- ◾◾ Two-star hotel
◾◾ Biscuit manufacturing facturing NON-FREE ZONE ACTIVITY ◾◾ Travel & tourism agent
◾◾ Bread manufacturing ◾◾ Carbon & graphite fibres & its products ◾◾ Maritime security services ◾◾ Tourist guiding services
◾◾ Butter manufacturing manufacturing ◾◾ Repackaging of cheese ◾◾ One-star hotel
◾◾ Carbonated water manufacturing ◾◾ Working of diamonds ◾◾ Sewing flags ◾◾ Chalets, rest house & camps
◾◾ Cereal food manufacturing ◾◾ Non-dairy milk & cheese substitutes ◾◾ Consulting maintenance & technical opera- ◾◾ Hotel apartments - deluxe
◾◾ Fruit & vegetables freezing manufacturing tion solutions for industrial machines ◾◾ Hotel apartments - standard
◾◾ Fruit canning & packaging ◾◾ Compounds basic organic chemicals ◾◾ Marine towing of boats & jet ski ◾◾ Five-star hotel
◾◾ Fruit flavoured drinks manufacturing manufacturing ◾◾ Inspection & audit services on work ◾◾ Tourist training services
◾◾ Fruit juices manufacturing ◾◾ Cooling & freezing of meat procedures & policies ◾◾ Youth houses
◾◾ Gas & chemicals production systems ◾◾ Tailoring & sewing children clothes ◾◾ Tourist restaurant
assembling MEDIA ◾◾ Installation supplies horses ◾◾ Tourism & entertainment consultancy
◾◾ Grain mills FREE ZONE ACTIVITY ◾◾ Immigration service
◾◾ Grains packaging ◾◾ Advertising & communication agency ◾◾ Anaesthesia & pain therapy clinic Note: more activities are available
◾◾ Gum powder manufacturing ◾◾ Creative agency ◾◾ Metal parts contracting
◾◾ Herbs packaging ◾◾ Public relations agency ◾◾ Pre-stressed concrete contracting
◾◾ Liquid pasteurized egg production ◾◾ Sales promotion ◾◾ Specialised piping fittings contracting
◾◾ Outdoor advertising ◾◾ Building completion
NON-FREE ZONE ACTIVITY ◾◾ Concrete works
◾◾ Woven pile & chenille fabrics manufacturing ◾◾ E-Services ◾◾ Floor tiling works
◾◾ Cheques & other security papers printing ◾◾ Specialty marketing or communications ◾◾ Building maintenance
◾◾ Grease & lubricants blending ◾◾ Branding & corporate identity ◾◾ Engraving works
◾◾ Chlorinated paraffin oil manufacturing ◾◾ Graphic design ◾◾ Motor carriages repairing
◾◾ Chemicals blending ◾◾ Media buying & placement ◾◾ Water bikes repairing & maintaining
◾◾ Basic organic chemical acids manufacturing ◾◾ Costume design
◾◾ Production consultancy management
◾◾ Chemical fertilizers manufacturing
◾◾ Production event consultancy management TOURISM
◾◾ Manicure & pedicure preparations manu- NON-FREE ZONE ACTIVITY
facturing ◾◾ Content rights management
◾◾ Depilatories manufacturing ◾◾ Distribution / DVD authoring ◾◾ Visa services
◾◾ Sunburn prevention & sun tan preparations ◾◾ Still photography ◾◾ Hotel
manufacturing ◾◾ Music production, re-production & ◾◾ Motel
◾◾ Pipeline processing tools & equipment for Recordings ◾◾ Hotel apartments rental
special purpose used manufacturing ◾◾ Music distribution ◾◾ Floating hotel
◾◾ Robots & simulation devices Manufacturing ◾◾ Music publishing / copyright ◾◾ Chalets, rest houses & camps
◾◾ Inflatable boats & rafts manufacturing ◾◾ Publishing representatives ◾◾ Resort
36 RAKEZ BUSINESS GUIDE COMPANY SET-UP

CUSTOMISE YOUR PACKAGE SUBMIT YOUR DOCUMENTS AND RECEIVE YOUR BUSINESS LICENCE
PROCEED WITH PAYMENT

DOCUMENT CHECKLIST Based on the legal entity you have selected fill out and submit the required documents as shown in the table below.

APPLICATION FOR REGISTRATION AND LICENCING (attached to the appendix booklet)


APPLICATION FOR REGISTRATION AND LICENCING OF A BRANCH ENTITY (“BRANCH”) (attached to the appendix booklet)
DETAILED APPLICATION FOR ACTIVITY IN WAREHOUSE / PLOT FORM (attached to the appendix booklet)
APPLICATION FOR CHAMBER OF COMMERCE MEMBERSHIP (attached to the appendix booklet)
APPLICATION FOR REGISTRATION WITH DEPARTMENT OF ECONOMIC DEVELOPMENT (attached to the appendix booklet)
COLOUR PASSPORT COPY OF SHAREHOLDERS, GENERAL MANAGER, DIRECTOR (if applicable)
VISA COPY / ENTRY STAMP OF SHAREHOLDERS, GENERAL MANAGER AND DIRECTOR (if applicable)
ORIGINAL NO OBJECTION CERTIFICATE FOR GENERAL MANAGER (if UAE resident)
SHAREHOLDERS / BOARD RESOLUTION RESOLVING ESTABLISHMENT OF A COMPANY IN RAKEZ AND APPOINTMENT OF A GENERAL MANAGER
FAMILY BOOK AND EMIRATES ID OF UAE SHAREHOLDER OR LOCAL SERVICE AGENT (whichever is applicable)
BUSINESS PLAN
COPY OF VALID TRADE LICENCE
MEMORANDUM AND ARTICLES OF ASSOCIATION
COMMERCIAL REGISTER
CERTIFICATE OF REGISTRATION
CERTIFICATE OF GOOD STANDING / EXTRACT FROM CORPORATE REGISTER (whichever is applicable)
CERTIFICATE OF INCUMBENCY
COMPANY SET-UP RAKEZ BUSINESS GUIDE 37

INDIVIDUAL(S) CORPORATE ENTITY BRANCH


All Shareholders are individuals All Shareholders are corporates or a combination of individuals and corporates Companies incorporated in or outside UAE

FREE ZONE NON-FREE FREE ZONE FZE or FZ-LLC NON-FREE ZONE LLC FREE ZONE NON-FREE ZONE
FZE or FZ-LLC ZONE IE or LLC UAE FOREIGN UAE FOREIGN UAE FOREIGN UAE FOREIGN
38 RAKEZ BUSINESS GUIDE COMPANY SET-UP

RECEIVE YOUR INVOICE AND PROCEED WITH PAYMENT


Once you have submitted the required documents, you will receive your invoice from RAKEZ. Proceed with the payment through any of the following methods:

◾◾ Cash at any of the RAKEZ offices in Ras Al Khaimah, Dubai or Abu Dhabi
◾◾ Cheque addressed to Ras Al Khaimah Economic Zone, submitted to any of the RAKEZ offices in Ras Al Khaimah, Dubai or Abu Dhabi
◾◾ Bank transfer to the account detailed on your invoice
◾◾ Online, by following the customised link on your invoice

After receipt of payment, RAKEZ will proceed with pre-approval. Upon the issuance of pre-approval, legal documents will be ready for signature.

◾◾ Client Confirmation Letter


◾◾ Specimen Signature Form
◾◾ Memorandum of Association (if applicable*)

*For Non-Free Zone LLC companies, Memorandum of Association must be signed in front of a notary public.
COMPANY SET-UP RAKEZ BUSINESS GUIDE 39

CUSTOMISE YOUR PACKAGE SUBMIT YOUR DOCUMENTS AND RECEIVE YOUR BUSINESS LICENCE
PROCEED WITH PAYMENT

RECEIVE YOUR LICENCE AND OTHER COMPANY FORMATION DOCUMENTS


After the submission of documents and payment, RAKEZ will issue your licence. You will receive an email from one of our client relations representative, officially
welcoming you on board with RAKEZ. The email also contains the electronic copy of your licence along with other company formation-related documents:

FREE NON-FREE FREE NON-FREE


ZONE ZONE ZONE ZONE

Licence Memorandum of Association

Bank Letter Personnel Secondment Agreement

Certificate of Incorporation Partners List (if applicable)

CONGRATULATIONS, YOU ARE ALL SET FOR YOUR BUSINESS JOURNEY


RAS AL KHAIMAH ECONOMIC ZONE - GOVERNMENT OF RAS AL KHAIMAH
+971 7 2041111 info@rakez.com www.rakez.com

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