It is seen as an cost-effective, hassle-free as well as secure choice for establishing a business within the UAE. In addition, it offers won awards since the best rising free area in 2006, 2007 as well as 2008, and it is ISO licensed.
Advantages of establishing in this particular free area
By establishing a organization in RAK FTZ, you’ll be entitled in order to 100% international ownership from the company by itself and optionally available visa amenities. You won’t face any kind of customs responsibility and there’s 0% earnings and company tax. You will find no limitations on work and nor on foreign currency. RAK FTZ Marketing Centers happen to be set up in various locations through the UAE. The purpose of these centres would be to provide advertising and product sales, client assistance and admin services from locations handy for current and prospects who have been in the UAE, although not based within Ras Ing Khaimah by itself. Finally, it features transparent as well as investment-friendly regulations.
What may be the time-frame?
It will require approximately three or four weeks (subject in order to submission from the lease agreement towards the authorities as well as depositing the actual share capital within the bank) to accomplish the whole registration procedure and acquire the industry license in the free area.
How to setup in this particular free area
To setup a organization in RAK FTZ, you’ll need a company plan, passport duplicates, bank research letters as well as CV/proof associated with education.
What else are you able to expect out of this free area?
By integrating in RAK FTZ, you may gain the advantage of local, in addition to international, manufacturer recognition along with offices within India, European countries, Turkey as well as USA. Furthermore, they supply the Mazeed support desk which supplies a wide range of providers including insurance coverage, advertising, recruitment as well as training. They are provided to make sure efficient post-incorporation procedures.
Ras Ing Khaimah
Every organization operating inside RAK FTZ is needed to obtain a company licence. A company licence (also referred to as a industry licence) is really a time-limited enable granted to some company to attempt commercial, consulting or even industrial activities inside the free area. Ras Ing Khaimah — commonly known as RAK – is among the seven Emirates that define the UAE federation. The actual northernmost Emirate, it’s located around 100 kms north-east associated with Dubai.