Rakez Trade License​ -

While Dubai free zones (like DMCC or JAFZA) are prestigious, they are often significantly more expensive. RAKEZ offers a balance of legitimacy and affordability. It is widely recognized by international banks for opening corporate accounts, making it a practical choice for new businesses looking to minimize overhead while maintaining a high standard of credibility.

Options for both Free Zone and Non-Free Zone entities. 📝 The Step-by-Step Setup Process Getting your license is a streamlined four-step journey. 1. Select Your Legal Entity rakez trade license​

A RAKEZ (Ras Al Khaimah Economic Zone) Trade License is a government-backed authorization allowing entrepreneurs to operate within one of the UAE's most cost-effective and flexible free zones. As of 2026, it is a popular choice for startups, freelancers, and SMEs due to its fast setup times (2–4 days) and affordable packages, starting from approximately AED 6,010 for specific packages. Facebook +2 Here is a guide to RAKEZ trade licenses. Key Benefits of RAKEZ License (2026) 100% Foreign Ownership: Complete control over your business. Cost-Effective: Offers some of the lowest-cost license packages in the UAE, with options to pay in installments. Zero Tax: 0% personal or corporate tax, with 100% repatriation of capital and profits. Versatile Facilities: Options include Flexi-desks, executive offices, warehouses, and land plots for industrial projects. Fast Processing: Company formation can be completed in 7–15 business days. Facebook +4 Types of RAKEZ Trade Licenses Commercial License: For buying, selling, and distributing goods (including import/export). Service License: For providing services, such as consulting, marketing, or management. General Trading License: Allows trading in a wide range of activities. Industrial License: For manufacturing, assembling, or processing goods. Freelancer Permit: For individuals working in media, education, or technology. smartzone.ae +1 Steps to Obtain a RAKEZ Trade License Select License Activities: Identify your specific business activities (e.g., e-commerce, consultancy). Submit Application: Provide passport copies, Emirates ID (if applicable), and passport-sized photos. Select Premises: Choose a flexible desk, office space, or warehouse. Pay License Fees: Make the necessary payments to receive your license. Visa Processing: Apply for investor and employee visas via the RAKEZ portal. g12.ae +2 Requirements Passport and Emirates ID (if already a resident). Visa copy with entry stamp. Business plan (depending on activity). No Objection Certificate (NOC) for managers currently on a different UAE employment visa. InZone Business Setup Note: For the most up-to-date pricing, it is recommended to visit While Dubai free zones (like DMCC or JAFZA)

Generally more affordable than Dubai-based zones. Options for both Free Zone and Non-Free Zone entities