RAK Mainland Company Formation

Business Setup in RAK Mainland

Ras Al Khaimah (RAK) is one of the seven Emirates of the United Arab Emirates (UAE). It is only 45 minutes away from Dubai and located near Oman. The government of Ras Al Khaimah has been doing its job in making the Emirate known. It is starting to emerge out of the rest of the Emirates as a go-to investment by business owners as RAK company formations is becoming notable in the UAE.

RAK is believed to have a strategic location, making it stand out from others. Besides, the Ras Al Khaimah economy is thriving even more with the RAK international companies that are residing there. Aside from the benefits that are listed below, RAK has ease of access and administrative processes that are convenient and is the cheapest to set up a business in and near to Port Saqr. Because of the latter alone, Ras Al Khaimah company formation is rising.

The Ras Al Khaimah trade license cost is affordable but there are some simple requirements before you can begin. One of the necessary things to have and do in conducting a business setup in Ras Al Khaimah is having two partners who are 21 years old and above. The maximum number of partners for one organization is 50. Expatriates who wish to conduct Ras Al Khaimah company formation needs to be prepared to have a local partner who will hold 51% of the business’ shares as it is one of the requirements as well.

Processing and understanding the procedures for obtaining a RAK trade license can be a little bit confusing. This is why RAK business consultants are around. These people are willing to speak with you with regard to Ras Al Khaimah business opportunities before you even decide as a finality that you are choosing the Emirate. There are a lot of manufacturing companies in Ras Al Khaimah

At long last, when you have made up your mind that you want to carry out a RAK business setup, they are the people who will not simply guide you but go to the concerned authorities, such as RAK economic department for the processing of your papers, and if needed, the land department Ras Al Khaimah as well and even the Ras Al Khaimah Investment Authority. If your business would require your goods to be stored or would need your tools or apparatuses to be placed in a good condition storage, business consultants can advise you which warehouse in Ras Al Khaimah you should go for.

RAK company registration is fairly hassle-free with people helping you all steps of the way.

Thus, it is advisable that you have business consultants on your side when you carry out Ras Al Khaimah company registration.

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