Ras Al Khaimah Economic Zone (RAKEZ) Business Zone — Service Company Guide 2026
RAKEZ Business Zone serves service companies, consultants, and professionals. Here is the complete 2026 guide for service businesses in RAKEZ.
In this guide:
RAKEZ Business Zone vs RAKEZ Industrial Zone
- Business Zone: For service companies, trading companies, professionals, consultants
- Industrial Zone: For manufacturing, warehousing, logistics companies
- Combined: RAKEZ offers both; you can have a business zone licence and later add industrial space
RAKEZ Business Zone Best For
- Professional consultants (IT, management, engineering)
- Trading companies (general trading or specific goods)
- Media and creative agencies
- Education and e-learning companies
- Financial consultants (non-regulated)
RAKEZ Business Zone Packages 2026
- Freelancer permit: AED 4,000-6,000/year; sole trader; one activity
- Virtual office: AED 8,000-12,000/year; single or multi activity
- Smart office (dedicated desk): AED 12,000-20,000/year
- Private office: AED 20,000-50,000+/year
RAKEZ Banking
- Banking access: RAKEZ is widely accepted by UAE banks; RAK Bank (headquartered in RAK) is particularly well-positioned
- RAK Bank advantage: For RAKEZ companies, RAKBank often offers faster account opening
RAKEZ vs IFZA for Service Companies
- RAKEZ: Lower cost; RAK Bank relationship; good for cost-sensitive service companies
- IFZA: Dubai address; broader activity list; some banks prefer IFZA