RAS AL KHAIMAH FREE ZONE
Setting up a Business in the Ras al Khaimah Free Zone
The Ras al Khaimah Free Zone is one of the most popular investment hubs in the UAE that offers efficient solutions to free zone as well as non-free zone businesses. From freelancers and startups to SMEs and large industries, Ras al Khaimah Free Zone is home to a vibrant community that is flourishing in over 50 industries.
Establishing a company in Ras al Khaimah Free Zone gives you the option to choose a free zone or a non-free zone (mainland) entity formation. Company formation in the RAK free zone gives you the following benefits.
Advantages of Ras al Khaimah Free Zone Company Formation
- 100% foreign ownership
- Fast, simple and efficient business setup process
- Host of effective business and industrial facilities and value-added services
- You can build on-site staff and labour accommodation
- You have a One-stop-shop where you get access to all government services
- Businesses have access to self-service customer portal
- Ras al Khaimah Free Zone offers easy connectivity to major logistical hubs and multi-lane superhighway networks in the UAE
- Easy access to markets across the MENA, Asia and beyond.
Regions in Ras al Khaimah Free Zone for Company Formation
The Ras al Khaimah Free Zone features six dedicated zones catering to a variety of business requirements:
AL GHAIL INDUSTRIAL ZONE:Â This a great option for entrepreneurs who are looking to establish large-scale industrial manufacturing enterprises. The zone features world-class facilities for warehousing, as well as land for development and staff accommodation.
AL HAMRA INDUSTRIAL ZONE:Â This is a modern industrial hub which is suitable for both light industries as well as heavy industry projects.
ALHULAILA INDUSTRIAL ZONE:Â The Alhulaila Industrial Zone is suitable for businesses that deal with heavy industrial manufacturing. The zone has land for development, facilities for warehousing, staff accommodation, and office spaces as well.
RAKEZ BUSINESS ZONE: The Ras al Khaimah Business Zone offers a premier business environment, comprising world-class business centres, office space as well as a dedicated hub for startups and SMEs. You can opt for flexi-desk packages as well as permanent office space.
RAKEZ ACADEMIC ZONE:Â The Ras al Khaimah Economic Zone (RAKEZ) Academic Zone serves as the base of qualified educational institutions and service providers. It has offices, dedicated academic premises, as well as land for custom development.
RAKEZ MEDIA ZONE: RAKEZ Media Zone is the base of several reputed media firms as well as agencies in various fields like Media production, TV and Radio Broadcasting, Event Management, Animation, Music and Entertainment, as well as Publishing.
Ras al Khaimah Free Zone Licenses
You get a number of options when it comes to Ras al Khaimah Free Zone Licenses. These include Commercial, Education, e-commerce, General Trading, Individual/Professional, Industrial, Media, Service, and Freelancer.
The license that you need to choose will depend on the nature as well as size of your business. You can get the services of a professional Ras Al Khaimah Free Zone Company Setup Consultant to choose the right one for your company. With so many licenses to choose from, determining the exact RAK free zone company setup cost also varies. However, RAK Free Zone Company Setup is known for being cost-effective as it comes with low startup costs.
Ras al Khaimah free zone offers both flexi-desk and freelancer packages. These packages don’t need you to commit to office space. This keeps the overall RAK license fees at lower levels. This also applies for larger businesses as well. The RAK free zone authorities keep its license costs down to remain an attractive proposition for companies large and small across the country.
The Process of Ras al Khaimah Free Zone company setup
The exact steps required to start your company in the Ras al Khaimah Free Zone will depend on the nature of your business and the overall package that best suits you choose. However, in most cases, you will be asked to provide the following documents:
- Completed application form
- Passport copy of the proposed owner or owners
- Two coloured passport size photos with white background
- Proof of share capital, as required
In most cases, the entire process of setting up a company in the Ras al Khaimah free zone can be completed within a matter of days. However, you must ensure that you don’t make any errors as errors in your application can lead to delays or even rejection. That’s why it’s a good idea to work with a company formation specialist, which offers specialized services for the Ras al Khaimah Free Zone. One of the most reliable company formation consultants are Arab Business Consultant. They are a team of highly experienced company registration professionals who are committed to helping you reliazing your dream of company setup in RAK free zone as well as other such beneficial locations in UAE. Their experts can establish your company on your behalf make your license and visa applications, thereby reducing the hassles. So, get in touch with the experts and form your own company in the Ras al Khaimah Free Zone
