Permitted RAKEZ Business Activities and License Types

RAKEZ permits thousands of business activities across Commercial Trading, Services and Consultancy, Industrial Manufacturing, and Educational sectors. When acquiring an existing RAKEZ shelf or active company, you can retain its existing activities or add and amend activity codes during the transfer of ownership.

rakez license company for sale

An existing RAKEZ company may come with a physical rented office, providing an immediate operational base.

  • The office may be rented in a business center or the company has its own private office.
  • Alternatively, some RAKEZ companies for sale include a virtual desk address (also known as flexi desk), offering flexibility and cost efficiency.

A ready-to-use office address, whether it is an office or flexi desk allows your business to be operational from day one.

Many existing companies already possess operational corporate bank accounts, which is highly beneficial as some business owners struggle to open one, resulting in having no choice but to close the business.

  • Opening a new corporate bank account can be a protracted and challenging process for newly established entities.
  • Acquiring a company with an existing bank account ensures immediate financial transaction capabilities for your business.

An acquired company often comes with an established trade license and all necessary permits in good standing.

  1. This means you avoid the often complex and time-consuming applications for initial business licenses and approvals.
  2. Immediate compliance with RAKEZ regulations allows you to focus on core business operations without delay.
  3. Buying an old company means you inherit a business with a proven legal structure and regulatory compliance history.

Buying an established company reduces the initial compliance burden, as the entity has already navigated foundational setup requirements.

How to buy a shelf company in rAKEZ

After our team completes the comprehensive legal and financial due diligence for the RAKEZ company you are interested to purchase, we shift our focus on the share transfer transaction.

The process of transferring ownership for existing RAKEZ companies involves precise legal and administrative procedures.

Our team understands and adhere to the intricate regulatory framework within RAKEZ.

We manage all necessary legal documentation, including drafting sale and purchase agreements and share transfer documentation.

After you have successful become the owner of the RAKEZ company, maintaining compliance with RAKEZ Free Zone Authority regulations is equally as important post-acquisition.

Our team can provide ongoing legal and administrative support which is essential for sustained operations.

This includes managing changes in directorship, amending trade licenses, and processing your investor visas as well as employment contracts for your employees.

RAKEZ company acquisition infographic showing search, review, due diligence, ownership transfer and business launch

Frequently Asked Questions: Buying a RAKEZ Company in Ras Al Khaimah

Why buy an existing RAKEZ shelf company instead of registering a new one?

Acquiring an existing RAKEZ (Ras Al Khaimah Economic Zone) company provides immediate legal entity vintage, pre-established credit rating, and the ability to transfer existing commercial bank accounts without enduring the standard 60-day onboarding queues.

What is the cost of acquiring a RAKEZ shelf company?

RAKEZ entities are among the most cost-effective in the UAE, typically pricing between AED 15,000 and AED 38,000 depending on age and banking status. Official RAKEZ share transfer fees range from AED 2,500 to AED 4,500.

How fast is the share transfer process in RAKEZ?

RAKEZ has a highly streamlined corporate registry. The share transfer can be finalized in 3 to 7 business days via digital documentation and online portal processing.

Can a RAKEZ company open a bank account in Dubai?

Yes. RAKEZ entities are fully recognized by all UAE mainland and international banks in Dubai and Abu Dhabi. Pre-banked shelf companies already hold accounts with major UAE financial institutions.

What office facilities are available for RAKEZ companies?

RAKEZ provides flexible real estate packages: virtual flexi-desks, dedicated co-working workstations, private executive offices, and extensive industrial warehouses in Al Hamra and Al Ghail industrial zones.

Can a RAKEZ company obtain investor and employment residency visas?

Yes. RAKEZ entities are eligible for 2-year renewable UAE residency visas for investors, partners, and employees, processed through Ras Al Khaimah ICP immigration.

Can an acquired RAKEZ company operate on the UAE mainland?

Yes. A RAKEZ entity can open a dual-license or register a mainland branch with the relevant Department of Economic Development (DED) in Dubai or Ras Al Khaimah.

What business sectors are best suited for RAKEZ acquisitions?

RAKEZ is ideal for international trading, manufacturing, industrial fabrication, IT consulting, e-commerce, and global import-export operations.

Is an in-person visit required to buy a RAKEZ company?

No. The share transfer, board resolution updates, and license reissuance can all be executed remotely with passport scans and digitally signed instruments.

What annual compliance obligations apply to RAKEZ entities?

RAKEZ companies must renew their trade license and lease annually, maintain Corporate Tax registration with the FTA, and submit annual UBO declarations.

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