Company registration in ras al khaimah

Get Started US$ 5200* (onwards)

  

  • 100% Foreign ownership
  • 0% Income tax
  • No Capital Gain tax
  • Register your business in 10      days
  • Get Work & Family visa

What is Company Registration in Ras Al Khaimah?

In United Arab Emirates, Ras Al Khaimah is emerging as one of the fastest growing free trade zones. Ras Al Khaimah Free Zone (RAK FTZ) is considered as one of the most sought investment destinations. Due to the low set-up and maintenance costs,more than 8,000 companies are currently registered in the free zone.

Ras Al Khaimah is appealing destination for foreign investors as it is located 45 minutes away from Dubai. Within the Ras Al Khaimah Free Zone investors will benefit from are customized support services and various tax incentives. 

ADVANTAGES

Here are the following benefits to foreign investors:

  • No corporate taxes;
  • Full foreign ownership is      allowed;
  • Easy incorporation      procedure;
  • Clear regulatory legal      framework;
  • Access to all large airports      and seaports in the UAE.

BUSINESS LICENSE

To start a company in the Ras Al Khaimah Free Zone, investors must select the appropriate business license.

Within the Ras Al Khaimah Free Zone following type of licenses required to be obtained:

  • Commercial License;
  • General Trading License;
  • Industrial License;
  • Consultancy or Services      License.

Business license is issued for a limited period of time usually for one year which may be renewed on a yearly basis provided that when applying for renewal audit reports are submitted. In order to supply any goods or services in the UAE market,companies licensed by the RAK FTZ Authority are also required to appoint a local agent.

REQUIRED DOCUMENTS

Here are the following documents required to be submitted to start a company in RAK FTZ:

  • Application form;
  • Certificate of      Incorporation;
  • Brief description of the      business objectives;
  • Bank reference letter;
  • Shareholders’ passport      copies;
  • List of trade names      application form.

Additional information or documents may be required in certain cases.

Doing Business in Ras Al Khaimah- 11th Best Place (ease of doing business) category

Doing Business in Ras Al Khaimah- 11th Best Place (ease of doing business) category