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RAK Freezone

The Ras Al Khaimah Economic Zone (RAKEZ) is a free trade zone located in the United Arab Emirates. Esteemed for its strategic geographical position and comprehensive benefits, RAKEZ provides a robust platform for both startups and established enterprises to thrive. It offers cost-effective business solutions, world-class facilities, and a friendly business environment, promising a competitive edge for firms operating in this zone.

How to Form Your RAK Freezone Company

Forming a company in Ras Al Khaimah free zone is a seamless process when you adhere to all the necessary rules and regulations. Our team of expert consultants at Ibara Consultancy can assist you in ensuring a smooth journey for your business, eliminating any potential roadblocks along the way. Trust us to make the following steps even more effortless and efficient. Start your company formation in Ras Al Khaimah Free Zone today with Ibara Consultancy.

Documents Required For RAKEZ Business Setup

  • A business license application form
  • Certificate of incorporation
  • Detailed business objectives description
  • Reference letter from the bank
  • Copies of the shareholder’s passport
  • A list of the proposed trade names

h2>Advantages of RAK Freezone Company Formation

  • Absence of individual or corporate taxation, offering economic benefits.
  • Freedom from foreign exchange controls, quotas, and trade barriers, promoting smooth international operations.
  • No customs duties on imports, exports, or service-related transactions.
    • RAKEZ license cost is competitively priced.
    • Safeguarding investment, ensuring a secure business environment.
    • Government incentives favorable to investors, furthering business growth.
    • A variety of facilities tailored to meet diverse business needs.
    • Full foreign ownership, providing complete autonomy in operations.
    • Total tax exemption on all commercial levies associated with import and export.
    • Guarantee of 100% return on capital and profits, enhancing financial rewards.
    • Simplified company setup process, reducing complexities and time.
    • Easy access to significant airports and seaports within the UAE, facilitating logistics.

    RAK Freezone FAQs