RAK Investment Authority Free Zone

RAKIA Free Zone was established in the year 2015 to develop an efficient and effective business environment for investment to promote the economic sector of Ras Al Khaimah. The free zone is composed of two industrial parks which help the companies to thrive in the region successfully. It is positioned at the crossroads between the west and the east that makes it a perfect destination for both business and leisure travelers.

Like any other free zones, RAK Investment Authority Free Zone has its procedures that must get followed for systematic processing of company formation. It covers about 33 million square meters of land and connects the investors to grow markets of North Africa, the Middle East, South and Central Asia, and Europe. Open to both production and trading companies, this free zone promises world class facility with massive business growth

Benefits of company formation in RAK Investment Authority Free Zone

• Delivers cost-effective solution
• 100% foreign investment
• Facilitates startups, SMEs, and entrepreneurs with customizable amenities
• Offers a wide range of licenses
• Easy accessibility to the international market
• Hassle-free and smooth procedure to set-up business
• Fast-delivery of services
• Provides tremendous support to businesses
• A large variety of activities
• 0% charges a one-channel deposit for packages with Flexi desk
• Affordable and value-added services

Types of business setup allowed in RAK Investment Authority Free Zone

• Free Zone Establishment (FZE): It is a legal entity that is allowed only for one shareholder. The owner can be either an individual or a well-established company.
• Free Zone Company (FZC): It is a legal entity that is allowed for more than one shareholder. However, the company has at most five shareholders.
• Limited Liability Company (LLC): In this type of setup, the company members are not allowed to be personally liable for the company’s debts.

Types of business license permitted in RAK Investment Authority Free Zone

• Industrial License: This license is permitted for the companies involved in import, export, packaging, and processing activities.
• Media License: It is issued for the companies that are interested in news channels, media production like activities.
• Commercial License: This license is for the individuals or the companies that import and export finished goods.
• Consulting License: It is for the companies that provide auditing, consultancy like services.

 At Nasiha, you can find all answers and solutions related to company formation in the Ras Al Khaimah Investment Authority free zone. Our team knows all the laws and documentation work to successfully start a business in RAK, free zone. You can contact us for any business related query and our team will attend to you in the most professional way, simplifying the entire process of business set up in UAE