Company Formation in RAKIA (RAK Investment Authority)

Registering a company in RAKIA as a standalone zone is no longer possible today: the RAK Investment Authority was merged in 2017 with the RAK Free Trade Zone into a single Ras Al Khaimah Economic Zone (RAKEZ). The successor took over the licences, obligations and industrial infrastructure of the former RAKIA — new companies are set up only through RAKEZ.
Content reviewed:
Senior Attorney at Dynasty Business Adviser
Senior Attorney at Dynasty Business Adviser
The company's lead attorney
Content reviewed
Updated: 05.09.2026 Reading time: 4 minutes
Company Formation in RAKIA (RAK Investment Authority)
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Content

Even so, the search for “RAKIA” has not gone away: industrial investors still know the zone by that name, and old directories and contracts still refer to it. Here we take an honest look at the zone’s current status, the registration route through its successor and RAKEZ’s current 2026 prices.

Company Formation in RAKIA (RAK Investment Authority), image 1

Why investors choose RAKIA

Or rather — why industrial investors keep searching for this name, and what actually lies behind it now:

  • RAKIA developed the Al Hamra and Al Ghail industrial parks — today they form the industrial core of RAKEZ
  • Companies with RAKIA licences operate without forced re-registration; they are serviced through RAKEZ
  • The land plots, warehouses and power infrastructure of the former RAKIA are available to new residents
  • RAKEZ has kept the industrial specialisation: guaranteed electricity, gas and water in the industrial zones
  • The entry threshold is lower than in RAKIA’s day — RAKEZ packages start from AED 6,000

Steps to register a company in RAKIA

The only route in operation is through RAKEZ, which also issues the industrial licences of the former RAKIA profile:

  1. Approach RAKEZ — the successor to RAKIA and the emirate’s sole licensing authority
  2. Choose your activity, including manufacturing and industrial lines
  3. Choose a legal form — FZE, FZC or a branch; for manufacturing, add a site plan
  4. Submit documents and obtain initial approval through the RAKEZ portal
  5. Pay for the package, sign the incorporation documents and receive a commercial or industrial licence
  6. Arrange staff visas and open a corporate bank account

Basic RAKEZ packages are processed in one to four working days. Industrial projects that include a land plot take longer — the time goes into approving the site, the utilities and the development plan.

Cost of setting up a company in RAKIA (2026)

RAKIA tariffs have not existed since 2017 — RAKEZ prices apply. The zone publishes its starting figures officially, while industrial configurations are quoted individually.

Cost item Amount, AED Comment
RAKEZ Biz Starter package (licence without visa) from 6,000 Processed in 24 hours, official offer
All-inclusive package with visa 14 000 Licence, visa and related services
Industrial licence on request Depends on the type of production and the site
Land plot or warehouse on request Al Hamra, Al Ghail and Al Hulaila industrial zones
Visa (per person) on request Medical test, Emirates ID, health insurance
Renewal of a legacy RAKIA licence on request Under unified RAKEZ tariffs

Get a quote

For a manufacturing project, ask RAKEZ for a quote across two or three zones at once: land rental rates and utility requirements differ between Al Hamra, Al Ghail and Al Hulaila.

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Taxation in RAKIA

Companies — both legacy ones on RAKIA licences and new ones through RAKEZ — operate under the general UAE regime: 9% corporate tax on profit above AED 375,000 per year, 0% below the threshold, and 5% VAT on most domestic transactions. Manufacturers and exporters more often than others meet the Qualifying Free Zone Person criteria and apply a 0% rate to qualifying income; RAKEZ designated zone status makes compliance even easier. The status is confirmed through annual reporting to the FTA.

Company Formation in RAKIA (RAK Investment Authority), image 2

Who RAKIA suits

This material answers the questions of three groups of reader:

  • Industrial investors interested in the former RAKIA infrastructure — now part of RAKEZ
  • Owners of active companies on a RAKIA licence — for renewal and support through the successor
  • New investors who arrived on old referrals: they need to register through the current structure

“Clients look for RAKIA out of old habit and find RAKEZ instead — and that is good news: the infrastructure is the same, the entry threshold is lower, and the processes are noticeably faster than ten years ago”, notes the lead lawyer at Dynasty Business Adviser.

Set up your company in RAKIA with Dynasty Business Adviser

Dynasty Business Adviser will register a company through RAKEZ — the successor to RAKIA — or support an existing one: licence renewal, industrial site, visas and turnkey bank account opening.

Get a consultation


    Pricing data is accurate as of the publication date (13 July 2026) and has been verified against public sources, including rakez.com; before paying, confirm the tariffs directly with the zone administration.

    Content reviewed by
    An expert with over 14 years of legal practice experience, possessing a deep understanding of corporate legislation and regulatory requirements across international jurisdictions. Specializes in international tax planning, business structuring, and corporate governance, with practical experience in the business and legal environment of the countries of the GCC.

    Licenses

    Who will you communicate with?
    Customer Service
    Manager
    We will discuss your request and issue, find the optimal solution, and pass the project to the appropriate specialist. We will provide information about the company's services and introduce you to leading specialists within the company.
    Legal
    Consultant
    After consultation with the customer service manager, the legal consultant conducts a more in-depth analysis of your request and develops project strategy options and preliminary organization of all processes.
    Lead Company
    Lawyer
    Will coordinate with you the strategy and stages of further work and conditions. Will be responsible for coordinating the work of the legal consultant, ensuring the correct implementation of the strategy, providing individual approach, and ensuring compliance of the team's activities with legal norms.
    Project
    Manager
    Manages your project within the company, coordinates team activities, and ensures that project goals are achieved on time. Responsible for planning, executing, and monitoring assigned tasks.
    Public Relations
    Manager (PRO)
    Represents your interests in government agencies, including handling company registration and subsequent processes, obtaining additional permits, and accompanying you during visits to government agencies.
    Accounting Department
    Manager
    Will communicate directly with you regarding accounting issues, transactions, and necessary documentation. Ensures the correctness and order of your financial flows functioning.

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    Serhii Senior Attorney at Dynasty Business Adviser

    Frequently asked questions

    Does the RAK Investment Authority still exist as a separate free zone?

    No. Since 2017 RAKIA has been merged with the RAK Free Trade Zone into RAKEZ. All licences — new and renewed — are issued only by RAKEZ.

    Do I need to re-register a company set up back in RAKIA?

    Usually not: active licences are serviced by RAKEZ on the standard renewal schedule, with no forced change of legal entity. Documents are updated at the next renewal.

    Has the industrial specialisation of the former RAKIA been preserved?

    Yes, and it has even expanded: the Al Hamra, Al Ghail and Al Hulaila industrial zones offer land, warehouses and guaranteed utilities — electricity, gas and water around the clock.

    Where do I go about old RAKIA obligations and contracts?

    To RAKEZ: it acts as the successor for the zone’s obligations. Enquiries about active lease agreements and licences are handled by RAKEZ customer service via the portal or the zone’s offices.

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    29 August 2026
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    Thank you so much for the excellent service. The team was professional, helpful, and easy to work with. They were always responsive, supportive, and guided me throughout the process. Everything was handled smoothly and efficiently, making the experience stress-free. I highly recommend their services to anyone looking for reliable and professional business advisory support in the UAE.
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    Ivan Petrov
    26 August 2026
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    Great team! they care about their customers and the results! We will continue working with them- truly recommend!
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    Руслан Углин
    10 July 2026
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    They helped me open a company in the UAE without any problems.

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    Sabina Miftakh
    9 July 2026
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    They really helped me out with my accounting at a crucial time, and I now use them regularly. I highly recommend them!

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    Sadiya rahman
    28 June 2026
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    We were moving our business to the Emirates and had no idea where to start. The Dynasty team helped us choose a free zone, obtain a license, and obtain visas. I was a bit confused by the terminology, but they explained everything to me. Eventually, we got up and running. Thank you for your patience.
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    Max
    16 June 2026
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    Everything went great, they helped with registering the company without any unnecessary hassle, and did everything that was needed within the specified time frame.

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    Диана Кондратьева
    22 May 2026
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    I applied for a visa for myself, my husband, and two children. The manager checked all the documents in advance and found a mistake in the translation of the birth certificate—they corrected it within a day. Everything was processed within a week, and I received the documents two days ahead of schedule. They helped with filling out the children's forms and consent forms. They didn't push any unnecessary services.

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    Али Ахмедов
    21 May 2026
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    At first, I was skeptical, to be honest. But after the first consultation, I realized they were professionals. They helped us quickly open a company in a free zone and found a great option for our needs. I'd especially like to mention their support—they truly helped us through every step, and didn't just do it and disappear. There were some minor delays with the paperwork, but that was mostly due to Ramadan, not a big deal. Overall, I'm satisfied and will continue working with them.

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    Mehrzod Tursumatov
    19 May 2026
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    I applied for company liquidation; the situation was not the easiest. In the end, everything was handled efficiently and without penalties. Thank you very much!

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    Peter Ptrch
    12 May 2026
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    True professionals and results-oriented. They are attentive to client wishes and needs, they helped me with my specific complex case and I am very satisfied. I definitely recommend this company.
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