Benefits of Choosing Ras Al Khaimah Free Zone for Your Business in UAE

If you’re looking to start a business in the United Arab Emirates, the Ras Al Khaimah Free Zone may be an attractive option. This free zone offers a variety of benefits, including tax exemptions, 100% foreign ownership, and access to modern facilities and infrastructure. Read on to learn more about what this free zone has to offer.

Tax Exemptions and Incentives.

One of the biggest advantages of choosing Ras Al Khaimah Free Zone for your business is the tax exemptions and incentives offered. Businesses operating within the free zone are exempt from corporate and personal income taxes, as well as customs and import duties. Additionally, there are no restrictions on the repatriation of profits and capital, making it an attractive option for foreign investors. The free zone also offers a range of incentives, such as reduced fees for licenses and visas, to help businesses get started and grow.

100% Foreign Ownership.

One of the key benefits of choosing Ras Al Khaimah Free Zone for your business is the ability to have 100% foreign ownership. This means that you can fully own and control your business without the need for a local partner or sponsor. This is a significant advantage compared to other areas in the UAE where foreign ownership is limited to a certain percentage. With full ownership, you have complete control over your business operations and can make decisions without any external influence.

Strategic Location.

Another advantage of choosing Ras Al Khaimah Free Zone for your business is its strategic location. Located in the northern part of the UAE, it provides easy access to major markets in the Middle East, Asia, and Europe. The free zone is also situated near major ports and airports, making it an ideal location for businesses involved in import and export activities. Additionally, the free zone is well-connected to major highways, allowing for easy transportation of goods and services.

Easy Business Setup Process.

Setting up a business in Ras Al Khaimah Free Zone is a straightforward process. The free zone offers a one-stop-shop service, which means that businesses can complete all necessary procedures, including licensing and registration, in one place. The process is also streamlined and efficient, with most applications being processed within a few days. Additionally, the free zone provides support and guidance to businesses throughout the setup process, ensuring a smooth and hassle-free experience.

For business set up in the UAE, the cheapest option will be  Ras Al Khaimah. For setup your company in the Ras Al Khaimah conatct our business formation experts to start your own business with 100% Foreign Ownership.