RAK FREE ZONE COMPANY SETUP
The most cost-efficient free zone in UAE
ADVANTAGES OF BUSINESS SETUP IN RAK FREE TRADE ZONE:
- No corporate and personal income tax
- 100% ownership & profit repatriation
- No capital requirement (ex. General trading and Industrial)
- Owner’s presence is not required
- Annual audit is not required
- Warehouses
- Industrial land
DOCUMENTS FOR RAS AL KHAIMAH ECONOMIC ZONE SETUP
FOR INDIVIDUAL SHAREHOLDER
- Passport
- Latest utility bill as address proof
- Passport size photo
- UAE entry stamp is required (if applying for a visa eligible package)
TYPES OF LICENSE
- Commercial
- Individual/Professional
- Consultancy/Services
- Educational
- Tourism
- Media
- E-commerce
- General Trading
- Industrial
LICENSE TYPES AVAILABLE IN RAK FTZ
Trading and General trading licenses
Trading licences allow you to import and export goods to/from UAE. You can import your products and sell them to other UAE companies who will be appointed as your Agents or Distributors.
Standard trading license can contain up to 2 different categories of products, for example: “Foodstuff”, “Cosmetics” and “Building materials”.
General trading license allows you to import/export any categories of products without restrictions.
Professional licenses
You can carry out various professional services such as consultancy, design, IT development and many others. RAK Free Zone has the largest activity list and you can be sure that you will find a suitable business activity for your company.
Industrial license
An Industrial License allows you to import raw materials, carry out the manufacturing of specified products and export the finished product. RAK Free Zone provides land and warehouses for rent and unlike many other Free Zones, it always has available warehouses for you! Sizes start from 205 sq meters.
ABOUT RAS AL KHAIMAH FREE ZONE
Ras Al Khaimah Free Trade Zone (RAK FTZ) is one of the oldest and most well-known free zones in UAE. It is located in northern part of the country, within 50 minutes drive from Dubai. The Free Zone was established in 2000. Today it is a hub for almost 8 000 companies.
The Emirate of Ras Al Khaimah has its own sea port and airport, which provide fast and convenient logistics.
Facilities available in the Free Zone include flexi-offices (minimum obligatory office requirement), executive offices, shell and core offices, warehouses and land.
LICENSE TYPES AVAILABLE IN RAK FTZ
Company cost depends on facilities and visa eligibility. All prices include preapproval fees, PO box rental fees and virtual office fees.
In case more than one shareholder freezone charge additinal fee.
Facilities
Features
- Furnished and semi-enclosed workstations or office
- Shared computers, or use your laptop
Incentives
- Advanced IT/telecommunications infrastructure
- Dedicated phone number and email address and shared fax
- Fax and mail handling services
Location
- RAK FTZ Business Park
The cost of starting a company in RAKEZ FREE ZONE
COMMERCIAL LICENSE COSTS IN RAKEZ FREE ZONE:
| LICENSE TYPE | VISAS INCLUDED | TOTAL COST |
| Trading license – Flexi Desk | no visa | AED 17,850 $4,900 |
| Trading license – Flexi Desk | 1 visa | AED 30,500 $8,350 |
| Trading license – Flexi Desk | 2 visas | AED 38,600 $10,550 |
| Trading license – Flexi Desk | 3 visas | AED 47,500 $13,000 |
| Trading license – Flexi Desk | 4 visas | AED 53,600 $14,650 |
SERVICE LICENSE COSTS IN RAKEZ FREE ZONE
| LICENSE TYPE | VISAS INCLUDED | TOTAL COST |
| Trading license – Flexi Desk | no visa | AED 17,850 $4,900 |
| Trading license – Flexi Desk | 1 visa | AED 30,500 $8,350 |
| Trading license – Flexi Desk | 2 visas | AED 38,600 $10,550 |
| Trading license – Flexi Desk | 3 visas | AED 47,500 $13,000 |
| Trading license – Flexi Desk | 4 visas | AED 53,600 $14,650 |
GENERAL TRADING LICENSE COSTS IN RAKEZ FREE ZONE
| LICENSE TYPE | VISAS INCLUDED | TOTAL COST |
| General Trading – Flexi Desk | no visa | AED 32,100 $8,800 |
| General Trading – Flexi Desk | 1 visa | AED 40,400 $11,050 |
| General Trading – Flexi Desk | 2 visas | AED 46,800 $12,800 |
| General Trading – Flexi Desk | 3 visas | AED 52,500 $14,350 |
| General Trading – Flexi Desk | 4 visas | AED 58,500 $16,000 |
E-COMMERCE LICENSE COSTS IN RAKEZ FREE ZONE
| LICENSE TYPE | VISAS INCLUDED | TOTAL COST |
| E-commerce – Flexi Desk | no visa | AED 21,800 $6,000 |
| E-commerce – Flexi Desk | 1 visa | AED 34,500 $9,400 |
| E-commerce – Flexi Desk | 2 visas | AED 42,700 $11,700 |
| E-commerce – Flexi Desk | 3 visas | AED 51,500 $14,070 |
| E-commerce – Flexi Desk | 4 visas | AED 57,600 $15,750 |
