Ras Al Khaimah Economic Zone (RAKEZ)

 Ras Al Khaimah Economic Zone (RAKEZ) is an Emirati free zone in Ras Al Khaimah in United Arab Emirates. In January 2020, Entrepreneur reported the Free Zone to have 14,000 companies across 50 industries.  Ras Al Khaimah Economic Zone (RAKEZ)  was introduced in 2017 and is one of the 37 Free Zones across in the United Arab Emirates.

RAKEZ has moved towards digitization and was reported to have 20% growth in 2020. The Free Zone also launched a scheme to provide 12 years visa for investors purchasing an apartment in the zone in partnership with real estate developers Al Hamra. RAKEZ allows a one hundred percent foreign ownership. 

Ras Al Khaimah, one of the leading destinations for business set-up in the UAE. The emirate prides on its proven record of safety and stability as backed by renowned credit rating agencies such as Fitch Ratings and S&P. With logistical hubs such as seaports and international airport, companies easily access the trade flows between the east and the west.