Ras Al Khaimah, RAK Innovation City
Set up your company in RAK Innovation City Free Zone
RAK Innovation City is a Ras Al Khaimah business community geared towards technology, knowledge and service-based companies. Operating within the RAKEZ Free Zone, it pairs a business-friendly base with 100% foreign ownership, competitive costs and a fast, largely online setup. It suits entrepreneurs, consultants and small teams who want a credible UAE presence with the option of residence visas and flexible office space.
- 100% foreign ownership
- Tech and knowledge focus
- Flexible desks and offices
- Residence visas available
Why RAK Innovation City
A base built for entrepreneurs and teams.
RAK Innovation City sits within RAKEZ, one of the most cost-effective Free Zones in the UAE. It gives technology, consultancy and service businesses a credible address, full foreign ownership and flexible space, without the higher costs of a Dubai zone.
100% ownership
Own your company outright, with no local sponsor or partner.
Competitive costs
Among the most affordable Free Zone packages in the UAE.
Residence visas
Sponsor visas for yourself, your team and your family.
Tax advantages
Free Zone tax treatment with no personal income tax.
Full repatriation
Move 100% of your capital and profits with no currency limits.
Fast setup
A largely online process, with most licenses issued in about a week.
What you can run
Activities for the innovation economy.
RAK Innovation City is aimed at technology, knowledge and service businesses. We match your activity to the right RAKEZ license so your scope is correct from day one.
Technology and software
IT services, software development and digital products.
Consultancy
Management, technical and professional advisory services.
Media and marketing
Content, marketing and creative services.
Trading and e-commerce
Trade in goods and online commerce across activities.
Freelance
A cost-effective permit for solo professionals.
RAKEZ covers more than 50 sectors. We confirm your exact activity and license before you apply.
What it costs
RAK Innovation City setup cost.
As part of RAKEZ, RAK Innovation City is known for competitive, cost-effective licensing. Your total depends on your license, the number of visas and your office option. These are the parts that make up the figure, and a quote based on your exact needs is more accurate than a single advertised price.
License and registration
Name approval and your RAKEZ license type.
Desk or office
A flexi-desk or private office, sized to your operation.
Visas and immigration
Establishment card and each residence visa for your team.
Activity approvals
Some regulated activities need extra approvals.
How we help
From activity to open for business.
- 01
Choose your license
We match your activity and visa needs to the right RAKEZ license.
- 02
Register online
We file your application and documents through the online system.
- 03
Desk and license
We arrange your desk or office and issue the license.
- 04
Visas and bank
We assist with residence visas and a corporate bank introduction.
Why FZM
Dedicated Senior advisory.
You will work directly with a Dedicated Senior advisor from day one. Your advisor will assess your requirements, identify the most suitable license and package, manage the entire application process, and remain your long-term point of contact for ongoing guidance and support.
- Tech
- Innovation focus
- 1,500+
- Companies formed
- 15+
- Years in the UAE
- Low cost
- Competitive rates
Keep exploring
More on setting up in Ras Al Khaimah.
Good to know
RAK Innovation City questions, answered.
- What is RAK Innovation City?
- RAK Innovation City is a Ras Al Khaimah business community for technology, knowledge and service companies, operating within the RAKEZ Free Zone. It offers 100% foreign ownership, competitive costs, flexible office space and residence visas, with a fast, largely online setup.
- What is the difference between RAK Innovation City and RAKEZ?
- RAKEZ is the wider Ras Al Khaimah Economic Zone covering more than 50 sectors. RAK Innovation City is a community within RAKEZ geared towards technology, consultancy and service businesses. You form your company under a RAKEZ license, and we confirm the right base and package for your activity.
- How much does it cost to set up in RAK Innovation City?
- As part of RAKEZ, it is known for competitive, cost-effective licensing. Your total depends on your license, the number of visas and whether you take a flexi-desk or an office. We confirm a fixed, all-in quote before you commit.
- Can I get residence visas with RAK Innovation City?
- Yes. Unlike an Offshore structure, a RAK Innovation City company is a Free Zone company, so it can sponsor residence visas for you, your team and your family. The number depends on your package and office option.
- What activities suit RAK Innovation City?
- It is aimed at technology and software, consultancy, media and marketing, trading and e-commerce, and freelance professionals. RAKEZ covers more than 50 sectors in total, so we match your exact activity to the right license.
- Can I set up in RAK Innovation City remotely?
- In most cases, yes. RAKEZ applications are handled online, so we can form the company and issue your license without you flying in, then complete your visa medical and Emirates ID once you arrive in the UAE.
Maha BadrHighly recommended. A professional team, prompt on every detailed query and seamless on every requirement, trade license, corporate tax, bank account, residence ID, medical.
Largo HomeSimply impeccable. They didn't just meet deadlines, they anticipated them, with quick and effective solutions even in complex situations.
Maciej KolodziejczykVery efficient. Company formation, employment contract, residency visa, and all the prerequisites handled. Friendly and professional throughout.
Ready to incorporate
One advisor.From company formation to corporate banking.
A 30-minute consultation is all it takes to receive a tailored proposal, a transparent quotation, and a written roadmap delivered the same day. You will deal directly with an experienced advisor throughout the process.
- Response instantly
- Five languages spoken
- Independent. Not a license reseller.