Blogs - MSZ Consultancy

Which are the business licenses available in RAK?

by MSZ Consultant | Nov 17, 2020

There are three types of business licenses in RAK: General Trading License, Professional License, and Industrial License.

Is it mandatory to have a local resident director in RAK?

by MSZ Consultant | Nov 17, 2020

No. You do not need to have a resident director or a resident shareholder for business incorporation in RAK.

What are the benefits of RAK offshore company?

by MSZ Consultant | Nov 17, 2020

There are several benefits of an Offshore company including 100% repatriation of profits and capital and exemption from import duties.

Which are the free zone parks in Ras Al Khaimah?

by MSZ Consultant | Nov 17, 2020

There are 4 Free Zone options in RAK: Business Park Industrial Park Technology Park Academic Park

What are the benefits of company formation in RAK?

by MSZ Consultant | Nov 17, 2020

A strategic location Ample storage space Close to major transport hubs Low costs for renting No currency restrictions

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