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Smooth RAKEZ Company Formation In The UAE

Based in the heart of Ras Al Khaimah in the UAE, the RAKEZ (Ras Al Khaimah Economic Zone) is a strong business and industrial hub for foreign investors to start a business. Being an emerging business zone across the UAE, RAKEZ is the most cost-effective option to invest in. Given below are a few achievements of this zone with world-class architecture:

  1. Awarded “SME Free Zone of the Year” by fDi Global Free Zones of the Year 2020
  2. Home to 13,000 + multinational companies

Make your dream of setting up a business in the UAE with hassle-free RAK free zone visa processing.

RAK free zone company formation - TVG Management Consultancy

Benefits of Incorporating A RAKEZ Company

Several questions can pop up in your mind when it comes to investing at RAKEZ. Probably you might think a plethora of times like, “Why should I apply for the RAK free zone visa?” Will it be a worthwhile investment? Well, you are actually taking the right decision if you are all set to establish a company in RAKEZ. Let’s dive in to check a few of the benefits of investing in RAKEZ.

  1. Easy formation of Free zone and non-free zone entities 
  2. One-stop hub for all government services
  3. Availability of self-service client portal
  4. 100% capital & profit repatriation
  5.  0% import or re-export duties
  6. Tailor-made solutions for businesses
  7. 0% personal & corporate income tax
  8. Convenient connectivity to major logistical hubs
  9. Advantage of 100% foreign ownership
  10. Ample infrastructural facilities for various businesses and industries 
  11. Fast and efficient processes for setting up businesses
  12. Accessibility via an international spread of regional offices
  13. Hassle-free opportunities to markets across MENA, Europe, and Asia

What are the various RAKEZ license types you can pick from?

There is a huge list of companies in RAKEZ that are growing every day. And there are over 13000 multinational companies which have their offices in the RAKEZ, including huge brands like Coca Cola, Ashok Leyland, etc. Here is the list of various types of RAKEZ licenses you can obtain:

  • Commercial License
  • Education License
  • E-commerce License
  • General Trading License
  • Individual/Professional License
  • Industrial License
  • Media License
  • Professional License
  • Freelance Permit License
  • Service License

Documents Requirements for RAKEZ License

Make sure you are fulfilling the below requirements while applying for the RAKEZ license:

– Application forms

– Business plan

– Passport copy of shareholders, directors – clear color copy

– Passport copy of the manager – clear color copy

– Address in home country

As an investor, you might feel keen about knowing how much this process of RAK company formation cost. And there’s is nothing wrong with it. The cost is extremely affordable. Our experts at TVG do all the tedious work paperwork for you in order to ensure your smooth onboarding process.

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