RAK Free Trade Zone (FTZ) is located in Ras Al Khaimah (RAK) which is the northernmost emirate of the United Arab Emirates (UAE), approximately 100 kilometers northeast of Dubai. UAE has a strong economy and a stable political environment and therefore a very attractive and safe place for investments of all kinds. RAK FTZ is ideal for international business operations and asset protection.
RAK FTZ offers 100% foreign ownership, 100% income and corporate tax exemption, 100% capital and profit repatriation, simple and fast registration procedures, Business Centers in Ras Al Khaimah and Dubai and excellent seaport and international airport facilities. The cost of living and doing business in RAK is markedly lower than in other Emirates, allowing for greater profit margins for investors.
A company or individual wishing to set up a business at RAK FTZ can register it as one of the following 3 legal entities: Free Zone Establishment (a new business entity with a sole business owner), Free Zone Company (a new business entity owned by 2 – 5 partners), Foreign Branch (branch of a foreign company) and Local Branch ( Bramch or a domestic company residing in the UAE )
Our professional consultants will assist you to open your corporate bank account in Dubai. The account will be opened in one of the reputable banks in Dubai offering excellent online banking facilities. UAE is an independent country operating outside the European jurisdiction maintaining full confidentiality.
For normal business activities there is no requirement for share capital. However for some business activities share capital of AED 50.000 to 100.000 will be required to be deposited in the company bank account before the issue of the license. Once the trade license is issued, the entire share capital can be withdrawn or used as working capital.
For the issue of a residence visa the presence of the applicant in Dubai is necessary for 5-7 working days. During this time the medical checkup takes place along with the finger print session and visa stamping in the passport. A residence visa is valid for 3 years.
RAK FTZ offers flexi office facilities that cater to the specific needs of small businesses. Different Flexi Desk and Flexi office facilities allow for different number of investor / employment visas.
Each company operating within RAK FTZ must obtain a business license. Four types of licenses are available based on your business activities: Commercial – import, export, distribution or warehousing of goods (2 different activities or 7 similar activities), General Trading – import, export, distribution or warehousing of goods (different activities), Consultancy / Services – any type of management, marketing, academic, real estate, logistics or industrial consulting (2 different consulting activities) and Industrial – import of raw materials, manufacturing, processing, assembling, packaging and export of finished products (1 product line).
A dedicated consultant will be assigned to you to set up your company.
Start your RAK Free Trade Zone Company or Branch today and open a window to a new world of opportunities.
We are a DMCC company located in our own offices in Jumeirah Lakes Towers