Company Setup in Ras Al Khaimah Freezone

Nasiha makes the company set up in Ras Al Khaimah Freezone fast and efficient for clients to grab the business opportunities present here. The free zone of RAK was established in 2000, and today homes more than 8500 companies. This vast number shows the fast development of the place and numerous opportunities that it withholds to create a network. One can start a business in Ras Al Khaimah or Rak Freezone in different niches and enjoy a number of incentives. Further, the benefits in company setup in Al Khaimah Freezone are listed below-

1. It is a perfect place to line up a search for new business ideas and has outstanding workplace and deposit facilities.
2. It enjoys a strategic geographical location as being settled on the northernmost side of UAE at the doorway of the Persian Gulf.
3. In terms of worldwide investment, the emirate of Ras al-Khaimah possesses extensive potential, and hence companies can easily raise funds.
4. Analysts estimate total revenue in Rak Freezone will increase around 30-35% compared to alternative emirates.
5. Favorable sectors in Ras al-Khaimah for investment perspective are the industrial and tourism sectors due to the developed global market.
6. Conjointly several industries in Rak Free Zones have created their mark on a national and international level, which include ceramics, medicine, fertilizer, mining, and data technology.
7. Availability of Fast track visas remains to be one of the major benefits enabling dealing of urgent matters for company formation in Ras Al Khaimah Freezone

Benefits of setting up a company in Ras Al Khaimah Freezone

Nasiha helps you evaluate the strategic options present and choose the best freezone depending on your business model. With no company tax on foreign possession and lower origination prices compared to different emirates, setting up a company in Ras Al Khaimah free zones remain among the best options. Some other reasons to set up a company in a free zone in Ras Al Khaimah are listed below

• The presence of many ocean ports settled close to the Persian Gulf gives Rak Freezone a strategic headstart in trade and ease of business.
• The government of the UAE has created a support network for new businesses to grow in these free zones.
• Foreign investors are allowed to get residence visas quicker than in alternative metropolis free zones.
• New business ideas can be applied in these free zones as they provide the market for innovations and accept better and advanced products easily.
• Foreign investors are allowed to get residence visas quicker than in alternative metropolis free zones.
• With so many companies present, there is also an extensive consumer base here. Thus, company formation in Ras AL Khaimah freezone will have access to opportunities to innovate and raise the demand for the newly developed products