Ras Al Khaimah
Accounting, tax and audit for RAKEZ companies
RAKEZ, the Ras Al Khaimah Economic Zone, licenses companies against its own coded list of business activities. Those codes are a good starting point for your accountant: they show what the company is allowed to do, and the tax treatment of income follows what it actually does.
Send one free request and get quotes from up to three licensed accounting, tax and audit firms for your RAKEZ company.
About RAKEZ
RAKEZ is the Ras Al Khaimah Economic Zone, in Ras Al Khaimah. It publishes its own list of free-zone business activities, each with a code, and your licence shows the activities you hold.
Corporate tax, VAT and e-invoicing are federal, so the Federal Tax Authority’s rules apply to RAKEZ companies in the same way as in any other emirate.
Audit for RAKEZ companies
- For corporate tax
Every Qualifying Free Zone Person needs audited IFRS financial statements under Ministerial Decision 84 of 2025. So does any taxable person with revenue over AED 50m.
- For RAKEZ
Many free-zone authorities ask for audited accounts at licence renewal. RAKEZ’s exact rule and timing are not confirmed here, so ask RAKEZ or your auditor.
Any audit must be signed by an auditor licensed by the Ministry of Economy and Tourism. See audit services.
Corporate tax for RAKEZ companies
Each RAKEZ company must register for corporate tax. New companies have 3 months from incorporation, and late registration costs AED 10,000. The return is due 9 months after year-end.
The 0% rate on qualifying income is for a Qualifying Free Zone Person only. The conditions include adequate substance in the free zone, audited IFRS statements, transfer pricing compliance, and the de minimis test: non-qualifying revenue no more than 5% of total revenue or AED 5m, whichever is lower. Failing one means 9% for that period and the next four.
If the company distributes goods in or from a Designated Zone, FTA Decision No. 6 of 2026 adds an agreed-upon procedures report from an independent auditor, from tax periods starting on or after 1 January 2026.
See the Qualifying Free Zone Person guide.
Services RAKEZ companies ask for
Common requests are corporate tax registration, bookkeeping and corporate tax filing, with an audit for companies that claim QFZP status.
- External auditAudited financial statements by a registered auditor
- Corporate tax registrationRegister on EmaraTax on time
- Corporate tax return filingFinancial statements, tax computation and the return
- Bookkeeping & accountingMonthly books, reconciliations and reports
- VAT registrationThreshold check, application and TRN
- Liquidation & deregistrationClose the company and its tax registrations properly
RAKEZ accounting: common questions
Does my RAKEZ activity code affect my tax?
The code shows what you are licensed to do. Whether income is qualifying depends on what the company actually earns it from. A tax agent can review your activities.
Do I need an accountant based in Ras Al Khaimah?
Not necessarily. What matters is the licence: a tax agent registered with the FTA and, for an audit, an auditor licensed by the Ministry of Economy and Tourism.
Does a RAKEZ company register for corporate tax even with 0% tax?
Yes. All Free Zone Persons must register. See corporate tax registration.
Is the request free?
Yes. Up to three licensed firms send quotes, with no obligation.
Get quotes for your RAKEZ company
One short form. Up to three licensed firms. Free, no obligation.