RAK Freezone

RAK Freezone was established in May 2000 by the Emiri Decree. It has four freezone parks in Rakez Ras Al Khaimah an industrial park with hefty manufacturing, a business park for office clients, a technology park for easy manufacturing and trading, and an academic zone for educational organizations and industrial projects. it is one of the fastest-growing free trade zones.

Benefits business owners will get if they do their business setup in RAK Free Zone

Here are the advantages of doing your company formation in Rakez Ras Al Khaimah

100% ownership

Tax exemption

No currency restriction

Access to global markets

Simple company setup

No currency restriction

A wide range of business opportunities

Devoted industrial zones and business park

strategic location

Why choose Arab Business Consultant for your RAK economic zone

We Arab Business Consultant are here to give you complete business support services and would aid in forming your business swiftly as we have a team of professional people who hold in-depth knowledge of RAK Freezone regulation, cost-efficacious solutions, strategic plans, and consultation, a proper culturally fluent, have access to important networks, customized solutions for various industries, and a seamless application process. we are an eminent agency of consultancy businesses.

The types of services we give are as follows:

  • Renewal license UAE
  • PRO services in Dubai
  • Local sponsor in UAE
  • Visa processing
  • License Renewal UAE
  • Bank account opening
  • VAT registration services in UAE
  • General trading license in Dubai UAE
  • Different types of licenses for business are offered at Dubai Multi Commodities Centre ( DMCC)

  • Industrial License
  • General Trading License
  • Services License
  • Professional License
  • Commercial License
  • The process of starting your business in the RAK Free Zone

    Here we have mentioned the 7 key steps you have to follow for your business setup in the Ras al Khaimah economic zone Rakez

    01

    Pick your business activity

    Firstly do understand the nature of your business. This freezone does give several trading activities but do decide the right category that goes properly with your business.

    02

    Determine the legal structure and your license type

    Select your business legal structure as shown by your business activity. Every legal structure does have its pros and cons.

    03

    Decide your license package

    RAK Free Zone knows that every business is exceptional and different therefore select a business license package that is affordable and is created specifically for your business.

    04

    Submit your application

    After you are done with the steps mentioned above, you need to give your application form.

    05

    Legal documents and requirements

    Here you have to give your important documents for starting a Limited Liability Company or Branch. This process incorporates verification of your documents, an identical beneficial owner form, a proper onboarding form, and your business plan.

    06

    Pay the required fees

    Ras Al Khaimah Free Trade Zone gives a cost-efficient fee structure that welcomes all sizes of businesses and prevents any financial debt. Such a reasonable price aids in investing in resources.

    07

    Operate your business operations

    After your application gets approved then you will be able to start your business. This freezone will give you a wide variety of facilities and physical office spaces.

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    Documents that are needed for the RAK Free Zone

    Here are all the documents needed for starting your business setup in the RAK Freezone

    Board resolution to establish a new company
    Memorandum of Association (MOA)Certificate of Incorporation
    Articles of Association (AOA)
    Valid trade license
    Board resolution giving power of attorney to the third party
    Supporting documents
    Passport company of the director and secretary
    Passport copy and UAE visa of the general manager
    Passport copy of the individual shareholder
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    Get your business setup done seamlessly in RAK Free Zone

    We the Arab Business consultant will give you professional services from the start of the process to the end of your business requirements for your business setup in the RAK Free Zone. We will aid you in choosing the right business structure, and all your documentation, facilitating government approvals, providing you with local market insight, and managing your banking and financial matters. We aim to provide you with continuous support.