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Ras Al Khaimah Economic Zone (RAKEZ) is a globally owned industrial hub popular for its affordable license and other benefits. Do you know the best part? RAKEZ is the home to more than 15000 companies across different sectors. It means starting your industrial-related business can be an excellent and profitable decision. You need an industrial license to start your manufacturing or industry-related business in the RAKEZ. Here, we will discuss everything you need to know to acquire an Industrial License in the RAKEZ Free Zone.
Industrial production means the transformation of products through either mechanical or manual processes. Natural resources, raw materials, and primary products go through a manufacturing procedure to become the final product. In addition, you may also lease a warehouse where you can segregate, pack, store, and ship the final product. The industrial sector in the United Arab Emirates (UAE) is experiencing significant growth. This sector is also establishing itself as a prominent hub in the Middle East. The region solely boosts a business-friendly environment via supportive regulations designed to empower and give an essential foundation to manufacturing businesses like yours to thrive. Ras Al Khaimah has specially designated zones and industrial areas where you can start your operation with a RAKEZ Industrial License. The industrial license grants you the ability to engage in manufacturing operations and the flexibility to lease a warehouse for essential post-production operations. In addition, this license also facilitates a smooth process for setting up a manufacturing business with specially designated zones and industrial areas. Furthermore, it allows you to commence industrial operations and capitalize on many benefits.
You can commence your industrial or manufacturing business in the RAKEZ by obtaining an Industrial License. Besides this, you can enjoy countless benefits but the top benefits of acquiring an industrial license in the RAKEZ are mentioned below:
There are countless manufacturing activities you can conduct with the help of an industrial license in the RAKEZ. However, it’s better to understand the exact activities you can perform via the industrial license in RAKEZ to avoid any confusion. The following is the list of top activities covered under the industrial license:
When applying for the industrial license in RAKEZ, you should prepare a few documents because it is essential to submit them to get the industrial license. Below is the list of some documents
As we mentioned above, Ras Al Khaimah has developed countless areas to support the industrial businesses in the region. We have listed below the top industrial zones to set up your manufacturing business in Ras Al Khaimah:
The Al Hamra Industrial Zone is best for heavy and light industries, with warehouses ranging from 150 sq. mt to 10,000 sq. mt. The industrial zone provides you with labour accommodation, office space, and more for your company’s development.
The Al Ghail industrial Zone is perfect for heavy and large-scale industries. You can get land plots of more than 5000 sq. meters in this zone. In addition, you can get convenient labour accommodation and on-site staff in this free zone.
The Al Hulaila Industrial Zone is perfect for heavy-duty industrial manufacturing. This industrial zone is located near Saqr Port, which is essential to provide you with access to the leading business centres. Similar to other industrial zones in RAKEZ, you can get land, office space, staff accommodation, and more in this zone.
You must follow the following steps to acquire the Industrial License in the RAKEZ Free Zone:
An Industrial License in the RAKEZ Free Zone is essential to begin your manufacturing business. However, getting an industrial license requires dedication and proper knowledge. Flyingcolour Business Setup can give you essential advice to acquire an Industrial License in the RAKEZ. Plus, our experts can help you to acquire an industrial license in this jurisdiction. To learn more about Getting an Industrial License in the RAKEZ Free Zone, book a free consultation with one of the Flyingcolour team advisors. Please note that this article was published on 17/07/2024 by the federal policies and updates at the time of writing. For the latest info please talk to our consultant.
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