Business Setup In Ras Al Khaimah (RAK) Free Trade Zone

Business Formation in RAK Free Trade Zone (RAK FTZ)

One of the leading UAE free zones, RAK Free Trade Zone, was founded in the year 2000. It is situated right at the heart of Ras Al Khaimah. It is now Ras Al Khaimah Economic Zone (RAKEZ), which was formed to oversee RAK FTZ and RAK Investment Authority (RAKIA). This was made to have the two zones be overseen and ensure the proper handling of clients.

More than 8,600 companies are not set up in RAK Free Trade Zone from more than 100 countries in the world with more than 50 industries. It is easily one of the top choices of businessmen for RAK free zone company formation.

RAK Free Trade Zone has been awarded “Best Emerging Free Zone” for the second year running. It has become a world-class business hub. Its state-of-the-art infrastructure definitely helped in this, along with its hi-tech facilities.

The facilities in Ras Al Khaimah Free Trade Zone are as follows: flexi-desk facilities, standard offices, executive offices, warehouses, etc. In having a RAK Free Zone company formation in RAK FTZ, there are four types of legal entities that are allowed, and they are the following: free zone establishment (FZE), free zone company (FZC), branch of a local company, and branch of a foreign company. The investors can also choose from different license types for their RAK free zone business setup. These license types are commercial, consultancy/services, industrial, and educational. In short, the system that RAK free trade zone authority has in store for investors give the latter what their business requires.

RAK free zone business setup, like any other UAE free zones, has systematic and specific procedures for RAK company formation. Once you have finally come to the conclusion of wanting to conduct a business setup in UAE, and your choice for this company formation in UAE is RAK Free Trade Zone Authority, the business consultants should be reached by your side to guide you through. Almost every single company, if not all of them, that a business setup in UAE was guided by business consultants. This is for the reason that these people will give you the information you are looking for. Knowing the RAK free zone company setup cost before you go through with your decision is important as it prepares you with regard to your financial side of things. Since company formation in UAE should not be taken lightly and be done hastily, people who are specialized in this field are needed to advise you further. They can also give you information about RAK free zone flexi desk cost for your office and RAK free zone virtual office if you’re planning to have one. Another benefit that you gain in having a business consultant is that you can ask about Ras Al Khaimah free zone trade license and everything you are eager to know about it. And of course, having a business consultant doesn’t only mean that your question of how to start a business in UAE free zone will be answered but also, they will be the one to go to the concerned government departments, like Ras Al Khaimah Economic Department.

There are a lot to choose from UAE free trade zones and a lot to know about RAK free zone company setup. When you have the right people, you can be ensured to have a good start.

With the right people on your side, you can simply wait and be ensured that company formation in RAK Free Trade Zone is done properly and in the correct manner.

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