Ras Al Khaimah Free Trade Zone

Founded in the year 2000, Ras Al Khaimah Free Trade Zone is now one of the leading free trade zones in the Gulf region. Positioned at the northernmost Emirate of the UAE, this free zone is turning out to be one of the dynamic and growing business destinations of RAK. Its strategic location provides political stability along with economic diversity to established markets of Africa, the Middle East, South Asia, and Europe.

The free zone has more than 10,000 registered companies from about 100 countries. Ras Al Khaimah Free Trade Zone serves as a crucial area in the UAE with more than 2.2 billion consumers, and usual trade barriers, including tariffs, quotas, and even taxes, are eliminated.

Advantages of setting up a business in Ras Al Khaimah Free Trade Zone

• Offers an ideal and suitable environment for investment
• 100% foreign ownership
• Availability for the land of a lease for industrial projects
• Full exemption from income and corporate tax
• Easy to benefit from over 50 double taxation agreements in the UAE
• 100% return on capital and profit
• Dedicated business parks and industrial zones
• Provides furnished offices as well as ready warehouses
• World-class communication and infrastructure facilities
• Easy to follow transparent laws and regulations
• Quick registration process
• Facilitates small and large business with cost-effective solutions to maintain a warehouse or office in the UAE

Types of business zones allowed in Ras Al Khaimah Free Trade Zone

• Free Zone Establishment (FZE): It is a legal entity that is independent and includes only one shareholder.
• Free Zone Company (FZC): It is an independent legal entity with two or more but at most five shareholders.
• Limited Liability Company (LLC): The companies are not permitted to be personally accountable for the company debts.
• Branch of a Local/ Foreign Company: It is not an independent company and works under its parent company.

Business License available in Ras Al Khaimah Free Trade Zone

• Commercial License: This license is for the companies involved in buying or selling goods.
• Industrial License: It is issued for the companies involved in manufacturing, export, import, and freelancing services.
• Consultancy License: This license permits the companies to provide professional help to investors.
• E-commerce License: It is issued for the companies providing e-commerce solutions and services.

Nasiha offers all the services to make your company formation in Ras Al Khaimah Free Trade Zone simple and easy. We are committed to get your business started within a week’s time in free zones of UAE. Be it documentation or visa processing, we will help you at each step of business registration in RAK, Free Trade Zone. Feel free to reach us and we will help you set up a company in UAE.