Top Industries Thriving in RAKEZ and How to Get Started

Establishing an enterprise in Ras Al Khaimah Economic Zone (RAKEZ) has never been more thrilling. RAKEZ has turned into an entrepreneurial hotspot due to its strategic location, low setup cost, and accessibility to the global markets. Now, in order to begin your own journey, peek into the best industries succeeding in the area.

1. E-Commerce and Online Services

The rapidly expanding digital economy in the country of the UAE renders RAKEZ an ideal site to establish an online business. The opportunities are limitless, whether you plan on running an e-commerce shop or providing app development or digital marketing services. 

The affordability of licensing in the zone also implies that you will be able to reach customers in the Middle East and other parts without incurring severe overheads.

2. IT, Software and Cybersecurity

Technology is once again ahead of the pack in RAKEZ. It has world-class infrastructure and connectivity, and is a perfect location with regard to IT consulting, cloud solutions and cybersecurity companies. Entrepreneurs have the flexibility of workspace without much difficulty whenever there is an increase in demand.

3. Health, Wellness, and Fitness

The UAE people are paying more attention to health and lifestyle and RAKEZ offers simplified licences for wellness centres, clinics and fitness studio licenses. The market in this area is favourable as there are numerous boutique gyms and alternative medicine providers. Businesses here benefit from access to a large expat and local community that values quality care.

4. Manufacturing and Light Industry

RAKEZ not only deals with offices; it has exclusive areas with industrial ventures. Businesses in food production, textile production and cosmetics entrepreneurs are presented with all that is required in terms of warehousing and the ability to have larger fields of production independently. It is more than suitable for the UAE’s “Make it in the Emirates” vision, as manufacturers stand at a long-term advantage.

5. Education and Training

Education has also become one of the pillars of development in the area. RAKEZ promotes companies in terms of language schools and corporate academies. The industry has great new entrant potential because of custom licensing of education and increased demand for upskilling, that have been driven by demand.

How to Start a Business Within RAKEZ

Getting started with a business in RAKEZ is straightforward:

• Select your business activity and structure.
• Register a trademark and document.
• Choose a facility, like a shared workplace to industrial units.
• Get the corresponding license.
• Complete visas, open a bank account and start operating.

Being in the process can prove to be overwhelming, and this is where Consulting.ae comes in. Having more than twenty years of experience and a team of multilinguals, they make the RAKEZ business setup process easy. They ensure:

• Guidance regarding the choice of the activity and license.
• No hidden costs and no hidden charges.
• Adherence, Visa support, and banking support.
• Continued company support after the setup.

Conclusion

Starting from e-commerce to education, RAKEZ has opportunities in most industries. It is one of the most attractive free zones in the UAE because of its supportive ecosystem, low cost and universal availability. With RAKEZ business setup handled by trusted experts, you can focus on growing your dream business in Ras Al Khaimah.