The Ras Al Khaimah (RAK) Free Zone has emerged as a beacon for international investors, offering a plethora of advantages that make it an attractive destination for business setup. The strategic location of RAK, being the only emirate in the UAE situated close to the Strait of Hormuz, coupled with its proximity to the entrance of the Arabian Gulf, provides a competitive edge to businesses engaged in export, import, or maritime activities.

Investors are drawn to RAK free zones due to the numerous benefits they offer, such as excellent connectivity, unique licenses and activities, and robust infrastructure. The process of business registration in these zones is flexible and straightforward, making it an appealing choice for entrepreneurs. However, it is advisable to consult with business setup consultants in the UAE to navigate potential roadblocks efficiently.

To establish a business in RAK Free Zones, obtaining a trade license is mandatory. The licenses, issued by respective free zone authorities, are linked to the business activities permitted within the free zone premises. Depending on the nature of the business, investors can choose from the following licenses:

Investors are required to identify a company structure to initiate the incorporation process. The legal structure can be determined based on the number of shareholders and the nature of the business. The following types of companies can be registered in RAK Free Zones:

RAK free zones are rapidly growing trade hubs offering unparalleled benefits for foreign investors. Some of the common benefits include:

• Strategic Location in Ras Al Khaimah
• Excellent Connectivity & Proximity to Ports
• 100% foreign ownership of the company
• Zero corporate tax
• Zero customs duty and tariff
• World-class infrastructure and communication facilities
• Easy access to global markets
• 100% repatriation of profits and capital
• No restriction to hire foreign workers

To establish a company in RAK free zones, foreign investors are required to present the following documents:

• Application form for trade license
• A brief description of the business project
• Passport copies of the owner(s) or Manager
• Bank statement to prove minimum balance account to meet the capital requirement
• Company resolution for FZC
• Power of Attorney (POA) to appoint a representative/manager for FZC

There are two major world-renowned free zones in RAK that offer robust facilities and cost-effective licenses for foreign investors. These are:

PW offers comprehensive services covering essential requirements such as visa processing, document drafting, government liaising, bank account opening, and more. Our team of business setup consultants, PRO service executives, and compliance advisers ensures a hassle-free company incorporation process in RAK Free Zones