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Freezone

Company Setup in Ras Al Khaimah (RAK) Free Zone

The dynamically growing business area, Ras Al Khaimah, is a desirable place for investors looking to expand their operations. It supports ex-pats from over 100 different countries. Currently, this free zone has 15000 plus firms that help diverse sectors to operate. The city also has various advantages over other free zones, such as lower rates and ease of securing a license with a straightforward business setup service. RAK is also close to the airport and five ports, which attract business people from around the world. Thus, one is highly inclined towards this part for company setup in UAE.

RAK Free Zone Areas

The major areas where Ras Al Khaimah has its SMEs are:

  • Academic Zone: This area is developed for universities and education sectors.
  • Industrial Park: It is covered by heavy plants and warehouses.
  • Business Park: The region has modern workplaces and flexi desks.
  • Technology Park: This zone has small industries and manufacturing companies.

RAK Business Licenses

Four permits are issued to entrepreneurs for their company formation, as mentioned below:

Trading

Investors who purchase and sell goods inside and outside UAE are given this permit.
Establishing Companies

Industrial

This license is issued to the companies that manufacture, assemble, pack and transform items.

Commercial

The permit allows industries to import, export, and distribute their products and services all over the world.

Service

This license is essential for ventures that provide services like marketing, traveling, consulting, catering, etc.

RAK Free Zone Company Formation Process

The major steps for incorporating a firm in Rakez include:

  • Determining the legitimate business entity;
  • Choosing a desired commercial activity;
  • Deciding the name of the enterprise;
  • Obtaining a Trade License;
  • Applying for UAE Visa.

Benefits of Shams Free Zone

Experienced Professionals

Complete Control of Business

The zone provides full business ownership to foreign and local investors.
Standard of Living

Suitable Location

The strategic location attracts international entrepreneurs, and the city functions as a vital logistics and warehousing hub for GCC and UAE business markets.
Zero Tax

Tax Exemption

The zone exempts business owners from all types of tax and custom-duties.
Investment Opportunities

Cost-Effective Free Zone

With flexible government rules and restrictions, forming a UAE free zone company in RAK is completely affordable.

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