Free zones are geographically distinguished areas, different from just offshore. They possess particular laws and regulations that vary from those applied within the state that they are situated in.
The formation of the Free zone has resulted in quadruple growth in the number of companies during the last few years. RAK free zone with its package of unbeatable advantages is widely recognised as the entrepreneurs’ haven today.
RAK Company is an appropriate vehicle for sole proprietors, business partnerships and international business, investment and tax planning.
Main Characteristics and the basic rules of Company registration in RAK FZ
Option for Establishing business entiyies at RAK FTZ
Activities: It is allowed for either 7 similar activities or two different activities.
Type of licence depends on type of activity your business participates:
In order to process your license, we need the following documents:-
In the case of the foreign branch, need to submit the following:
*In case of Local Branch – All original documents are required and should be attested by UAE Court.
And Mother Company should be not less than 1 year old.
Bank account for the Company
Three simple steps to register your company in RAK:
The approximate duration for registering company is 5 to 8 days from the date of submitting the full set of applications and settling the required payment.