Emerging as one of the fastest growing free trade zones in the United Arab Emirates, the Ras Al Khaimah Free Zone (RAK FTZ) is one of the most sought investment destinations. More than 8,000 compaines are currently registered in Ras Al Khaimah due to the low set-up and maintenance costs the free zone provides. Ras Al Khaimah is located 45 minutes away from Dubai, which makes the free zone a very appealing destination for foreign investors. Among the opportunities investors will benefit from within the Ras Al Khaimah Free Zone are customized support services and various tax incentives.
In order to open a company in the Ras Al Khaimah Free Zone, investors must select the appropriate business license. There are four types of licenses to be obtained within the Ras Al Khaimah Free Zone:
The business license is issued for a limited period of time which is usually one year. This may be renewed on a yearly basis provided that audit reports are submitted when applying for renewal. Companies licensed by the RAK FTZ Authority are also required to appoint a local agent in order to supply any goods or services in the UAE market.
The company registration procedure in the Ras Al Khaimah Free Zone is quite simple once all the documents are prepared. The required documents to open a company in the RAK FTZ are:
In certain cases, additional information or documents may be required. For a customized list of required documents, you may ask our company incorporation agents in Dubai.
Among the benefits RAK companies offer to foreign investors are:
For company registration services in the Ras Al Khaimah Free Zone, please contact our agents in Dubai.