Company Formation in RAK Free Zones (Ras AL Khaimah)
Company formation in Dubai requires a combination of registration, issuance of license, legal formalities and the attainment of the facilities which is necessary for the business. Company formation in RAK (Ras al Khaimah) free zones is no different in this regard and requires all formalities to be fully fulfilled in order to have your business up and running in Ras al Khaimah. We offer exclusive packages for our customers for their Company formation in RAK free zones. The package includes all the licensing documentation, taxation and other legal formalities. The price for the package is quite competitive as per the market rate and quality of our service would be right up to the mark.
Commercial License for Company formation in RAK (Ras al Khaimah) free zones– The commercial licenses are issued for doing commercial business which includes restaurants, general stores etc.
General Trading License for Company formation in RAK (Ras al Khaimah) free zones– The general trading license category entitles the investor to trade in different allowable goods including import and export of the items as well.
Consultancy/Service License –The consultancy/services license entitles the investor to deal in different consultancy matters and services which are covered under this category of license.
Industrial License – The industrial category of license entitles the investor to deal in the manufacturing of the goods which are covered under the industrial license.
For the attainment of any of the licenses mentioned above for your Business setup in RAK free zones, you can contact our customer service department for further information. Our panel of expert business advisors would help you in every way for the attainment of the license.
Benefits of company formation in free zones in Ras AL Khaimah (RAK)
- No restrictions on capital and profit repatriation
- 100% foreign ownership
- Multi currency bank accounts can be opened
- Offers UAE residence visas
- Quick setup in 2-3 working days
- No income taxes
- Transparent laws and regulations
- Proximity to Dubai
- State-of-the art communication infrastructure.
- Competitive labor, office and warehouse rates
- Cheap cost of living
- Progressive and fast growing Free Zone
- Easy road, sea and air access
- Exemption from all import and export duties
- Efficient recruitment procedures ensuring the availability of a skilled and experienced workforce
Major Free Zones in Ras Al Khaimah (RAK)
Ras Al Khaimah Free Trade Zone (RAK FTZ)
Established in the year 2000 Ras Al Khaimah Free Trade Zone (RAK FTZ) is one of the fastest-growing free trade zones in UAE, houses over 6000 companies. Cost effective, flexibility and broad geographical reach makes it a preferred business hub in the region. Read more
RAK Investment Authority (RAKIA)
RAK Investment Authority (RAKIA) is a Government body formed in 2005 with a mandate to promote industry, trade, investment, tourism and infrastructure in the Emirate of Ras Al Khaimah in UAE. Located within 1 hour driving distance from Dubai and 30 minutes drive from Sharjah the land and infrastructure costs are competitive by as much 50-60% as compared to any neighboring Emirate.