Ras al Khaimah Free Zone Company Formation

Unlock Your Business Potential with Business setup in RAK Free Zone, UAE

Are you ready to elevate your business to new heights in one of the most dynamic business environments in the world? Look no further than Ras Al Khaimah (RAK), one of the fastest-growing emirates in the United Arab Emirates (UAE). And with our expert assistance, obtaining a Freezone business license in RAK has never been easier.

Steps involved in RAK Free Zone Company Formation

Choose Business Activity

There are 3 economic activities, commercial, professional and industrial, amongst which it is asked of you to choose an activity. General, industrial or retail businesses are involved in trading or selling products to other businesses or end customers.

Business Legal Form

Next step is deciding the corporate entity. Amongst the given set, you can choose one complimenting your business activities. Once the type and nature of the business are decided, the legal status conditions can be chosen as well.

Determine Business Name

It is important to make sure that the name of the businesses should match the rules and regulations defined by the free zone authority. Any offensive language or any reference to any religion in the name of the company being established will not be permitted by the free zone authority.

Acquire Business License

Once approval from the regarding authorities is obtained, a stakeholder in the business can proceed to fulfill all the requirements of acquiring a business license. Approval from the Department of Economic Development shall be obtained.

Apply For A Visa

The process of applying and acquiring a visa is best taken with the help of an expert who specializes in business formation and acquiring visas and licenses.

Rent An Office Space

The final but surely not the least step, renting a physical office space to operate business activities from. A business owner or a stakeholder in the business should only decide an office space and rent it out.

Why Company Registration in RAK free zone?

RAK Free Trade Zone (RAK FTZ) offers unparalleled advantages for businesses looking to establish a presence in the UAE. Here’s why entrepreneurs and businesses from around the globe are choosing RAK Freezone:

  1. 100% Foreign Ownership: Enjoy full ownership of your business without the need for a local partner.

  2. Tax Benefits: RAK Freezone offers 0% corporate and personal tax, ensuring maximum profitability for your business.

  3. Strategic Location: Situated at the crossroads of Europe, Asia, and Africa, RAK provides easy access to global markets.

  4. State-of-the-Art Infrastructure: Benefit from world-class facilities and infrastructure, designed to support businesses of all sizes.

  5. Simple Setup Process: With streamlined procedures and efficient support, setting up your business in RAK Freezone is fast and hassle-free.

Our RAK Free Zone Company Setup Services

We are dedicated to helping entrepreneurs and businesses navigate the complexities of setting up a business in RAK Freezone. Our comprehensive services include:

  1. Consultation: Our experienced consultants will guide you through the entire process, from choosing the right business structure to obtaining the necessary permits and licenses.

  2. Documentation Assistance: We take care of all the paperwork, ensuring that your business registration process is smooth and efficient.

  3. License Acquisition: We facilitate the acquisition of your Freezone business license, ensuring compliance with all legal and regulatory requirements.

  4. Corporate Services: From company formation to bank account opening, we provide end-to-end corporate services tailored to your specific needs.

  5. Ongoing Support: Our support doesn’t end after your business is set up. We provide ongoing assistance to help you navigate any challenges and seize new opportunities.

Get Started Today

Don’t let bureaucracy and red tape hold you back from realizing your business dreams. With our expert assistance, you can establish your business in RAK Freezone quickly and efficiently. Contact us today to learn more about our services and take the first step towards a prosperous future in the UAE.

Types of Trade License Available ?

Following licenses are available for company formation in RAK FTZ

Frequently Asked Question

RAK Free Trade Zone is a specialized economic zone in the Emirate of Ras Al Khaimah, United Arab Emirates. It offers a wide range of benefits and incentives to businesses looking to establish their presence in the region.

RAK FTZ allows the formation of various types of companies, including Free Zone Establishment (FZE), Free Zone Company (FZC), and branches of foreign companies.

Some benefits include 100% foreign ownership, 0% corporate and personal tax, full repatriation of profits and capital, easy company setup procedures, modern infrastructure, and strategic location.

Requirements may vary depending on the type of company being formed, but generally include submission of relevant documents such as passport copies, business plan, and application forms. Minimum capital requirements may also apply.

The timeframe for company formation typically ranges from a few days to a few weeks, depending on various factors such as the type of company, completeness of documentation, and approvals.

While RAK FTZ offers a wide range of business activities, there may be certain restrictions or special requirements for specific activities. It’s advisable to check with the authorities beforehand.

Companies in RAK FTZ are required to comply with certain annual obligations such as license renewal, submission of financial statements, and any other regulatory requirements imposed by the authorities.

Yes, RAK FTZ provides office spaces, warehouses, and other facilities on lease for businesses operating within the free zone.

Companies registered in RAK FTZ are generally allowed to conduct business outside the free zone, subject to compliance with UAE laws and regulations.

RAK FTZ may offer special incentives or packages for certain industries or sectors as part of its efforts to attract investment and promote economic diversification.

RAK Free Trade Zone Parks

Ras Al Khaimah Free Trade Zone operates in four specialized free zone parks to fulfill the requirements of small medium and large businesses.

  1. Business Park has fully furnished and functional office, desks and flexi offices (shared offices and desks) available at cost effective rates. This business park is suitable for clients with developed business centers
  2. Industrial Park is developed for warehouses and heavy industries
  3. Technology Park is dedicated for light industries, automated manufacturing and capital-intensive lifestyle projects
  4. Academic zone is exclusive for educational organizations

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