A Ras Al Khaimah free zone company refers to those legal business entities registered and established within a designated free zone authority in RAK. Among the most popular free zones in RAK is Ras Al Khaimah Economic Zone (RAKEZ), a primary hub for company formation in the emirate. Ras Al Khaimah has developed into a world class business and industrial center. Business Setup in Ras Al Khaimah free zones are home to over 15,000 businesses covering over 50 sectors. Other free zones in RAK as RAK Free Trade Zone (RAK FTZ), RAK Innovation City, RAK Digital Assets Oasis (RAK DAO) and RAK International Corporate Center (RAK ICC). RAK free zone companies enjoy 100% expat ownership, an investor-friendly ecosystem and lower setup and renewal costs.