RAK Free Zone

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Rak Free Zone are also known as Rak Free Trade Zone (RAK FTZ). Rak free trade zone allow an access to an emerging market; that is with over 7,500 listed businesses; also from 106 nations and 50 industry sectors. RAK free zone is one of the fast rising free trade zone in the UAE.  Rak free trade zone offer a lots of facilities to its clients. At this point let me tell you one more benefit; that why client is very keen for Rak free zone. Or you can say one more strong point which you need to keep in mind. And I think it is the most key point for Rak free trade zone. That is Rak free trade zone is 100% tax free, free trade zone; It also allows 100% ownership to foreign investor, and also offers a timely services to its Customers.

The cost of living; as well as the cost of doing business in Rak free trade zone; are lower than the other state; and it is far below then those of modern business hubs; such as a New York; a London, and also a Hong Kong. Rak free trade zone allows great return on an investments.

RAK free zone is in one of the top 5 free zone in the Middle East; the Rak free trade zone has 4 unique free zone parks; that is it will suit to every foreign investor; due to their specific necessities. They are including a Business Park, a Technology Park, an Industrial Park and an Academy Zone.

RAK free zone company formation Activities

RAK free zone company formation
Company formation in RAK Free Zone

RAK free trade zone allow a wide range of activity; that is for business setup in RAK. It provide a lot of advantages to its client; that is to set up all kind of business setup RAK free zone. RAK free zone allows the following type of activities for RAK free zone company formation.

CONSULTANCY / SERVICES
RAK free trade zone allows you to conduct a consultancy services; that is across any of the industry

COMMERCIAL
In this kind of license RAK free zone allows you; to import as will as export, also distribute goods. You can select from one of the two option; that is from simple trade or general trading.
EDUCATIONAL
Allows your company to open any type of a learning; or also a training institution; as well as an education related consultancy.

INDUSTRIAL
In this kind of license RAK free zone allows your company; to import a raw materials, as well as to manufacture, process; package, and also export finished products.

RAK freezone company formation also offered a wide range of offices; warehouses as well as land; the RAK free trade zone; also offers value added services; such as procurement, advertising, recruitment, event management and training assistance.
The main Head quartered of RAK freezone;  for RAK free zone company formation is in Ras Al Khaimah; and also it has business centers in Dubai and Abu Dhabi. The RAK freezone is also active in 3 other continents, with connection offices in India; Turkey as well as in Germany; giving it international reach and scope.

RAK free zone company setup cost

RAK FTZ and business license fees:
PACKAGE AED US DOLLAR STATUS
Registration Fees 7,000 1,918 one-off fee
Commercial  License 3,650 1,000 per year
Consulting & Services License 7,500 2,055 yearly
General Trading License 15,000 4,109 per year
Industrial License 5,000 13,62 yearly
Flexi Desk cost 10,300 2,822 per year
Admin Service Charges 1,200 329 per year

RAK free zone company registration Type

Free zone establishment (fze)
This type of a RAK free zone company registration; require only one owner for set up.
free zone company (fzco)
This type of a RAK free zone company registration; require from 2 to 5 shareholders
branch of a foreign company
RAK free zone also allow branch of a company located outside the UAE; but remember the parent company should be older than one year.

Branch of a local company
RAK free zone allow branch of a domestic company located in the UAE; that is the parent company should be older than one year

RAK Company Formation Procedure

  • First of all for a RAK company formation fill an application form; including facts about the contact person, the nature of the business activities; that is products and services.
  • second select the package for a RAK company formation.
  • submit all the documents to RAK free trade zone; that is for RAK company formation.
  • once all the required document are submit to To the RAK free trade zone. You need to pay the fee for RAK free trade zone company formation.
  • And when RAK free trade zone issue the license; then you can apply for a number of visas; and also start business activities in the RAK FTZ.

Facilities for RAK free zone company setup

RAK free trade zone offer the following five main facilities; for RAK free zone company setup.

RAK free zone company formation with Flexi desk

RAK free trade zone offer flexi desk option; for RAK free zone company setup. Flexi desk facility that supplies to the specific needs of a small company. Flexi Desk is share work station offer for the RAK free zone company set up. That is to minimize the cost of a business set up in free trade zone.
The majority of flexi desk are in the RAK free zone; that is in a business Park in Ras Al Khaimah. Also note that the clients may book the facilities; for some additional hours at a nominal costs. Customer must register with a RAK free zone business center to acquire services. Further more clients, who has  require a business license as well as a facilities; but not a residence visa, can register for a business center service package; that is at even lower start up costs.

Following are the some characteristics of Flexi Desk in RAK Free Zone

  • Business license to operate at RAK FTZ (A Commercial or A Consultancy)
  • 2 to 3 visa eligibility to apply for UAE residence visa; that is for partner as well as manager.
  • the location of flexi desk is in RAK free zone in a Business Park
  • Rak free trade zone allow to upgrade flexi desk; that is to an executive office or other facilities
  • Low risk  an ideal way to test the market.
  • Advanced IT structure for a RAK business set up.
  • RAK free trade zone provide facilit dedicated phone no; and an email address as well as a shared fax; also mail handling services.
  • A furnished as well as semi enclosed work stations.
  • 10 hours of free usage per week.
  • 1 desk and 1 chair, 1 shared computer; or you can also use your own laptop.

RAK free zone company setup with Flexi Office

  • Flexi office is also eligible for business license to operate at RAK FTZ (Commercial or Consultancy)
  • Location of flexi office is in RAK FTZ Business Park
  • Eligibility to apply for UAE residence visas for investor/partner and manager
  • Furnished and enclosed office
  • Two shared computers
  • Two executive desks and chairs per office.
  • Low risk – an ideal way to test the market
  • Option to upgrade to an executive office or other facilities
  • Ten hours of free usage per week
  • Advanced IT/telecommunications infrastructure
  • Dedicated phone number and email address and shared fax and mail handling services

RAK freezone company with Standard office

RAK free zone provides fully furnished as well as equipped office spaces; that is with access to a corporate business center services; a cleaning service, an office management services, a cleaning service; and also a parking facilities for medium sized business at a very low rates; that allow for maximum return on investment.

  • Business license to operate at RAK FTZ (Consultancy, Commercial or General Trading)
  • Eligibility to apply for UAE residence visas
  • Location of standard office is in RAK FTZ Business Park, Customs building, Emirates Islamic Bank building and Technology Park
  • Private and furnished office (2 workstations and 2 chairs) with advanced IT/telecommunications infrastructure
  • Access to modern corporate business center services
  • Dedicated phone number, fax number and email address
  • Air conditioning, light fixtures and power sockets
  • Housekeeping services (available at extra cost)
  • 24-hour security and full accessibility
  • Private postal address through Impost (available at extra cost)
  • Car park
  • Fully furnished and equipped office space available at competitive rates
  • Payment of a full year’s rent at the time of registration or license renewal

RAK business setup with executive offices

RAK free trade zone provides a fully service office space; for a RAK business setup; that is with access to a corporate business center services; also an office management services, a cleaning service and good car parking facilities for medium sized business; at a very competitive rates.

  • Business license to operate at RAK FTZ (A Commercial, A Consultancy or A General Trading)
  • Eligibls for a UAE residence visas (visa cost is not include)
  • The location of an executive office is in the RAK FTZ Business Park; in a Emirates Islamic Bank building as well as in a Customs building
  • The size of office is from 5 m2 to 65 m2
  • Advanced IT structure for a RAK business set up.
  • An access to a modern business center services
  • Optional executive furniture available at an extra cost; that is in RAK FTZ.
  • A RAK business setup has One year contract with all facility; it is also renewable annually.
  • Payment of a full year rent at the time of set up or licence renewal.
  • Air conditioning, light fixtures and power sockets, free cleaning services (for offices up to 25 m2 size)
  • 24 hour security and full access to a car park.
  • Private postal address through Impost (available at extra cost)

RAK freezone company with warehouses

RAK freezone provides warehouses that meet industrial requirements for light manufacturing; and also storage of goods as well as general assembly.

  • Business license to operate at RAK freezone
  • Eligibility to apply for UAE residence visas
  • Location of warehouses is in RAK FTZ Industrial Park as well as Technology Park
  • 500 m2 Warehouse space including office, toilet and pantry 15 kW
  • 400 m2 Warehouse space including office, toilet and pantry 30 to 67 kW
  • 300 m2 Warehouse space including office, toilet and pantry 10.55 kW
  • 200 m2 Warehouse space including office, toilet and pantry 10.6 to 42 kW
  • 150 m2 Warehouse space 5 to 15 kW
  • Space for loading and unloading consignments
  • Heat insulated roof and door
  • Warehouse height is from 6.5 m to 7.2 m
  • Measurements of the main warehouse gate are 4 m (width) x 4.5 m (height)
  • Labour, forklifts and cleaning services (available at extra cost)
  • 24-hour security and full accessibility
  • Proximity to Dubai and RAK International Airport (Technology Park), and Saqr Port (Industrial Park)
  • Proximity to the Customs Department and administrative offices
  • Easy access to manpower for loading, unloading and cargo handling
  • Private postal address (available at extra cost)
  • Car park

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Ras al Khaimah free zone

At this point let me tell you one more thing; or you can say one more key point; which RAK free zone clients always ask me. That is, is it true that RAK business setup in free trade zone is free from all kind of tax? And as we all know the answer is a big “Yes”. So, it means that RAK free trade zone is free from all kind of tax. And also it is free from duty tax. I think it is one of the best points for business setup RAK free trade zone.