RAK free zone business setup: The Ras Al Khaimah Free Trade Zone (RAK F T Z); the fastest growing unfastened zones in the UAE; which is the great unfastened sector in Northern emirates. Being a globally diagnosed free quarter, it turns into domestic to extra than 8000 companies throughout Europe; North America, Middle East as well as Asia through registering their commercial enterprise in RAK. It also possesses easy employer setup system, decrease rents; an inexpensive price of dwelling and lower business license charges. With the simple enterprise registration process; this place is attracted via marketers to whom region is less crucial than price. RAK free trade zone also enjoys round 25 to 50% lower prices of living and doing business than in other components of the UAE.
This Globally recognized RAK free zone business setup is a group of 4 business setup in RAK free zone parks; business setup Park, Technology Park, Industrial park and as well as the Academic Zone park; with all packages are process by using a relevant FTZ authority; through a Simple commercial enterprise registration method. With all the services need for an international firm which includes; fast internet with the help of etisalat modern day airport connections to 25 countries; as well as exceptional port centers at Port Saqr – simplest 25 kilo meters from Ras Al Khaimah; and also it is very near proximity to the emirates of Dubai and Sharjah; RAK is also place as the great region in Northern emirates.
RAK free zone business setup
Established in 2000, RAK Free Trade Zone (RAK FTZ) is a rapidly developing and very cost-powerful free exchange region in the UAE. Today, it is the home to over 12,000 organizations from over one hundred countries with as a minimum 50 enterprise sectors. And RAK is an extremely good region to stay and conduct business. RAK Free Zone provides numerous incentives at lower rates as compared to loose zones in other emirates.
RAK free zone business setup is a convenient and easy task, given you abide by means of all the lawful approaches and documentation procedure in which a expert enterprise consultant can help. The following steps of registering a business in Ras Al Khaimah can be made even easier with a professional representative’s help. RAK Free Zone offers custom designed assist offerings to its investors. RAK free trade zone is at one of the strategics region; and has an ideal region for commercial enterprise setup as it is close by speedy rising markets in South East Asia, Africa, and Europe. RAK FTZ is at a distance of an hour’s power from Dubai. It has smooth get right of entry to an international airport and five seaports such as Saqr Port, one of the biggest bulk ports of the region.
Benefit of RAK free trade zone
Ras Al Khaimah Free Trade Zone Authority has been around for almost two decades. It is continuously helping the economy of the UAE along with other free zone set up in UAE. Investors after investors find this place and conduct business setup in Ras Al Khaimah free zone. The below list is what gives these business owners a reason on why they look forward to establishing their company in this place.
- Fast and efficient business set-up and support services
- Fast-track UAE visa issuance
- A wide range of real estate facilities to suit your individual business needs
- Choice of free zone or non-free zone
- Low cost of business set up and operations in RAK free trade zone
- Ease of doing business
- 100% tax exemptions (no corporate or personal taxes)
- Also note that RAK free trade zone offer 100 % foreign ownership.
- 100% repatriation of capital and profits
- The Massed Services, which provides translation of documents, recruitment of employees, procurement support, creation and printing of corporate materials, and many other services
- No corporate and personal income tax for RAK free trade zone
- 100% ownership & profit repatriation
- No customs duty on re exported goods
- It is has one of the Cost effective flexi facilities
- Warehouses – the cost-effective warehouses in a variety of sizes available, located in proximity to seaports and airports
- Industrial Land – unlimited space to grow your industrial operations with the plots of land for development
RAK free zone business setup
Choose A Business Activity: The first factor required is to determine the commercial enterprise pastime of your employer. There are three monetary sports, business, expert and business, among which it’s miles asked of you to pick out a pass time. General, business or retail firm are worried in buying and selling or promoting items to different corporations or cease consumers. You can either choose a expert enterprise that gives industrial or personal services like accounting, consulting, management, etc. Whereas, Industrial businesses are typically worried within the manufacturing, processing, and packaging of products. To see all of the activities approved in Ras Al Khaimah in detail, visit the website of Ras Al Khaimah to get a complete picture. Activity application may be normal from this kind of sectors:
Type of a license for RAK free zone business setup
- Commercial License: RAK free zone business setup which consist of trading organizations; Educational sports which include instructional consultancy or academic RAK free trade zone.
- E commerce License: which encompass on-line trading groups via electronic means.
- RAK General trading License: which consist of companies which want trading in various goods. Industrial sports which include product importing, manufacturing, exporting and packaging commercial enterprise.
- Media License: which consist of enterprise related to the media enterprise.
- Professional License: which include agencies providing professional offerings. Activities related to accomplishing consultancies or services in any enterprise.
- Freelancer License: which include sole groups inside the fields of schooling and media.
Decide On The RAK free zone Legal Form: What comes next is figuring out the company entity. Among-st the list referred to above, you can pick out one complimenting your enterprise sports. Once you decide the the sort and as well as the nature of the firm; then the RAK free zone will check your record.
RAK free zone business setup
This is how we can say that you can Determine The Name Of The RAK free zone business setup; The step that comes after figuring out the first shape of the firm is figuring out the call of the enterprise. It is critical also to make certain that the call of the groups chosen must fit the guide line; and as well as the good policies defined by the RAK free zone authority.
Any blasphemous or offensive language or any connection with any religion inside the call of the RAK free zone business setup will not be authorized by way of the loose quarter authority. As well as which includes the call of the proprietor or founding father of the RAK organization need to be covered in full in place of just the initial of the call of a surname, which isn’t accredited. Once the business name which you have is pass the first stage; then you need to check with the authorities; the the name which you want for your firm is still available or not.
Acquire A Business License
Once you get an approval from the RAK authority for your RAK free zone business setup; then you and your partner can continue to fulfill all of the necessities of acquiring a commercial enterprise license. you also need to take an approval from the DED; so that you can get commercial enterprise license; that allows you to do all commercial enterprise sports cited in the license.