Free zone company formation in the UAE is the best option for investors to start and incorporate a new company for maximum returns. It is a cost-effective and beneficial option to register a business in UAE, especially for start-ups, and entrepreneurs who want to trade globally. There are many economic free zones in UAE to start a new business, depending on trading activities and the target market.

As a foreign investor, if you are looking for a diversified and economical free zone in the UAE for company formation, there is no better option than Ras Al Khaimah Economic Zone (RAKEZ). Ras Al Khaimah Free Zones are known for promoting different business activities for a variety of trading activities. There are six dedicated zones within Ras Al Khaimah Economic Zone for business opportunities in different sectors. For RAK Free Zone Company Formation, you can select any of the following free zones, depending on the business activities you are going to operate in the country

• RAK Investment Authority Free Zone (RAKIA)
• Ras Al Khaimah Media Free Zone
• Ras Al Khaimah Economic Zone (RAKEZ)
• RAK Maritime City

Each free zone in Ras Al Khaimah Economic Zone (RAKEZ) offers specific opportunities and advantages to operating specific business activities. Features like affordable warehousing, land for development, office space, and staff accommodation are common in every Ras Al Khaimah Free Zones. You will get Flexi-desk packages and customizable solutions to register and set up your business quickly and easily.

Like in any other economic free zone in different emirates, RAK Free Zone Company Formation also has the following benefits for foreign investors:

• 100% foreign ownership
• 100% repatriation of profits
• No personal, corporate taxes, import/export taxes
• No customs duties
• Connectivity to major logistical hubs
• No bureaucratic red-tape
• State of the art infrastructure, facilities, and value-added services
• Fast, efficient, and affordable business setup processes
• Self-service customer portal

Business licenses in Ras Al Khaimah Free Zones

Investors can apply for any of the following business licenses for RAK Free Zone Company Formation to operate your trading activities legally:

• Commercial License- To set up a trading, import, and export business
• General Trading License- To set up an industrial or manufacturing company
• Industrial License- To set up a business for general trading of industrial products
• Consultancy/Service License- Best suited for service-oriented companies and consulting firms

Mandatory documents required for company formation in Ras Al Khaimah Free Zones

You need to submit the following documents during your business registration process to get your business license and obtain approval from free zone authorities:

• Completed application form
• Passport copy of the investors or owners
• Two passport size photos
• Proof of share capital, as required

It takes only a few days to complete all the processes to set up a new company in Ras Al Khaimah Free Zones. At Social Consultancy Services, we help investors throughout the RAK Free Zone Company Formation process by following all the rules and regulations for free zone companies. Contact us with your business plan to get expert advice from business setup professionals.