Company Formation in Ras Al Khaimah Free Zone

Quickly Form Your Company in the Ras Al Khaimah Free Zone with MSZ Consultancy

Ras Al Khaimah is flooded with investors wanting to take part in the booming economy. The RAK Free Zone is one of the leading Free Zones in the entire UAE due to its state-of-the-art infrastructure along with its hi-tech facilities. The strategic location has helped put the Free Zone on the map because of its access to South East Asia, Africa, and Europe. RAK is also just a 45-minute drive from Dubai with easy access to an international airport and five seaports. With so many advantages, there’s no doubt that business in RAK Free Zone is a good decision!

Forming Your Company in Ras Al Khaimah Free Zone

Forming a company in Ras Al Khaimah Free Zone is a smooth process if you follow all the rules and regulations. We can help you guarantee that you won’t see any roadblocks in the way of your business by working with our team of expert consultants. MSZ Consultancy can help the following steps become even easier.

Determine the type of business activity

The most important step is to decide what type of business activities you will be doing. This is important when filling out your business application. Each type of business activity will have its own types of rules and regulations to follow when setting up the company.

01

Register a trade name

Now it is time to pick a unique name for your business. You will have to get initial approval before registering the name with the proper authorities.

02

Obtain approvals from the Free Zone Authority

After you get initial approval for your trade name, then it’s time to get approval for your business license.

03

Issuance of License

You will be issued your business license after you have taken care of all the legal procedures and documentation that is required. The legal steps and documents will vary depending on your business activity.

04
Documents Required
A business license application form
A certificate of incorporation
A description of the business objectives
A reference letter from the bank
Copies of the shareholder’s passport
A list of the proposed trade names
Business Licenses for Free Zone RAK Company Formation

You will need a business license to do business anywhere in the UAE, even in the RAK Free Zone. Without this license, your company will not be legal. So, you will want to make sure that you take all the proper steps to get your business license in Ras Al Khaimah. There are four types of business licenses that you can apply for in Ras Al Khaimah. Each license will have different requirements.

Commercial License

This license is used for a variety of commercial activities. You’ll need a commercial license if you plan to import, export, store, and distribute items.

General Trading License

This is also a commercial license that allows trading. This license is for businesses that are involved in export, import, and warehouse distribution.

Industrial License

Industrial license is needed to import raw materials, manufacture, process, assemble, pack, and export finished products. You will have to get clearance from RAK FTZ Feasibility and environmental impact studies to get this license.

Consultancy/Service License

This is for consulting services in finance, investment, management, legal issues, etc. Other activities in the service industry also fall under this license, like restaurants, catering services, travel agencies, insurance, etc.

Consultancy/Service License
Benefits to Free Zone RAK Company Formation
  • No personal or corporate taxes
  • No foreign exchange controls, quotas, or trade barriers
  • No customs duty on import, export, or services
  • Security of investment
  • Government-friendly incentives for investors
  • Wide range of facilities available to fit your business needs
  • 100% foreign ownership
  • 100% tax exemption on all commercial levies for import and export
  • 100% return on capital and profits
  • Easy process to set up a company
  • Access to all large airports and seaports in the UAE
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Free Zone Areas in Ras Al Khaimah

RAK Free Zone is quickly becoming one of the most sought-after investment destinations in the UAE. The strategic location makes this Free Zone stand out from the rest of the other Free Zones. RAK is closest to the far eastern nations – China, India, Iran, Pakistan, and the Commonwealth of Independent States. Here are the Free Zone areas you can do business in:

 

  1. RAK Investment Authority Free Zone (RAKIA) – This zone provides great support to investors with a very low setup cost. This Free Zone was created to build a diverse economy while providing sustainable growth in foreign investments. The area is composed of two industrial parks to set up business in.

 

  1. Ras Al Khaimah Media Free Zone – This is the leading entertainment hub for companies that are in the media industry. This Free Zone was launched in 2006 as a cost-effective alternative to Dubai Media City.

 

  1. Ras Al Khaimah Economic Zone (RAKEZ) – This is the largest Free Zone in the entire UAE. RAKEZ merges the RAK Free Trade Zone (RAKFTZ) and RAK Investment Authority (RAKIA). Investors at this location gain access to the Middle East, South Africa, Europe, and South and Central Asia.

 

  1. RAK Maritime City – Companies seeking a secure spot for their business love this Free Zone option. RAK Maritime City provides access to international port facilities while providing zones for retail, warehousing, cargo handling, industrial production and manufacturing, and shipbuilding.
MSZ Consultancy Provides Smooth Company Formation in RAK Free Zone

Don’t let anything stand in the way of your company formation. Let MSZ Consultancy provide you with an error-free business setup in Ras Al Khaimah Free Zone. We specialize in helping businesses get started in the UAE. We will guide you through the entire process to see that you get all the proper paperwork turned in on time and that you’ve met all government requirements. Don’t take the chance of having a problem when it comes to forming your company. Let the experts at MSZ Consultancy help. Contact us at +971 52 544 1248 for a FREE consultation, and start building your business in RAK Free Zone today!

Trademark Registration

You worked hard to build your brand, and we will work hard to help you protect it! We offer trademark registration, renewal, and amendments. We also offer web domain purchase and renewal, copyright registration, and more.

Local Sponsorship

It’s hard to understand the policies in the UAE if you aren’t from here. That’s where a local sponsor will help. MSZ Consultancy will help you find a reliable UAE local sponsor that will serve as a sleeping partner for your company.

PRO Services

We offer Public Relations Officer (PRO) services that will guide you through the documentation and cleaning services. PRO services include passport clearance, family visas, annual license renewals, and more.

Bank Account Assistance

If you want to open a bank account in the UAE, we can help! Different banks have different requirements. Let us help you get an account setup without any problems so you can secure your monetary assets.

Product Registration

Registering your products will provide label protection, brand protection, and hassle-free trade inside and outside the UAE. MSZ Consultancy can provide your company with hassle-free product registration.

Business Centers

Finding an office for your business could be overwhelming if you aren’t familiar with the area or have time to visit to check out places. We can provide you with a place through our Business Centers.

Company Liquidation

No one wants to face closing their company down, but if it happens, we are here for you. We can assist you with all aspects of company liquidation, including the cost of closing down, bankruptcy, a detailed review of all compliances, and more. We can help make this time less stressful.

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