RAK Free Zones
The main advantage of Ras al Khaimah (RAK) Free Zone Business Setup is it does not need the partnership with a UAE national. The free zone authorities of RAK have also simplified the process of company incorporation and registration, providing foreign and local businesses, investors, and conglomerates easy access to growth and expansion in a prosperous economy.
Reasons for Business Setup in RAK Free Zones
There are several reasons why more and more entrepreneurs and investors are opting for business setup in the free zone areas of Ras al Khaimah, including the following:
- Corporate and income tax exemption, aiding high profit retention for businesses and sole proprietors;
- 100% foreign ownership;
- Low utility charges;
- No quantitative quota for imports;
- Easy leasing procedures for land and warehouses used for industrial purposes;
- Flexible laws on residence and immigration for unskilled and skilled labor;
- Simplified company formation process;
- Issuance of residence permits to investors, directors, and family members
Farahat & Co. provides all kinds of solutions for business setup in Ras al Khaimah from expert advisory and guidance on the selection of a suitable legal structure to the preparation of legal documents and processing of visas and trade licenses. Our experts on free zone company formation can facilitate the whole process of business setup in RAK, requiring minimal time and effort from you.
- Drafting, preparation, review, and submission of the required legal documentation;
- Expert advisory on the location of a proposed business venture;
- Guidance in the selection of the appropriate legal structure or business entity to establish;
- Coordination with government or free zone authorities for the acquisition of approvals and incorporation documents;
- Assistance in the drafting of leasing contracts for land, warehouses, and offices in RAK’s free zone areas;
- Assistance in the processing of labor cards, visas, and other immigration requirements;
- Expert advisory and registration of trade name;
- Coordination with proper authorities for license renewals
Our team of certified business setup specialists has practical experience and in-depth market knowledge to help you establish your enterprise in the free zone areas of Ras al Khaimah. We can provide you with invaluable advice in crucial aspects associated with business setup including the registration in the correct industry-specific zone in RAK and trade name registration.
At Farahat & Co., we aim to provide clients with the expert advisory and support businesses and investors need in kickstarting business operations in their chosen locations. If you want to learn more about how to set up a business in the free zone areas of Ras Al Khaimah, give us a call to book a free, no-obligation consultation with our business specialists!