To celebrate Emirati Women’s Day on 28 August, the Ras Al Khaimah Free Zone (RAKEZ) launched a new Business Women Package for female entrepreneurs, which is a ‘first-of-its-kind’ product in the UAE designed exclusively for women who are passionate about business.
Businesswomen who want to set up their company with the economic zone can select either a one-year or three-year package, starting from AED 6,200 with the option of an instalment plan. Both packages come with value-added services such as free usage of RAKEZ shared workstations, free printing of business cards, priority tokens at RAKEZ Service Centres and eligibility for a UAE Residence Visa(s).
The newly-launched package gives businesswomen eight free zone licence types from which to choose: Commercial, Educational, E-Commerce, General Trading, Individual/Professional, Media, Service and Freelancer Permit. In addition, the three-year package includes one free investor visa, which is worth AED 3,950.
Group CEO of RAKEZ, Ramy Jallad, said: “We are proud to launch the RAKEZ Business Women Package, which is a clear testament to our commitment of encouraging more women to achieve their entrepreneurial dreams … It comes with a selection of cost-effective office spaces, licences, as well as support services. All they have to do is pick the solutions that suit their needs and they are good to go.”
The RAKEZ initiative is designed to respond to the World Economic Forum’s 2018 Global Gender Gap Report, which identified a 40% gender gap in the Middle East and North Africa in various areas of the society, including business.