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Ras Al Khaimah Economic Zone

Based in the heart of Ras Al Khaimah and guided by the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, United Arab Emirates Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) was established to oversee and consolidate the specialized parks and clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA).

Based in a strategic location, RAKEZ connects investors to growing markets of the Middle East, North Africa, Europe as well as South and Central Asia.

RAKEZ is committed to its promise of empowering clients and investors by offering a cost-effective and world-class economic zone with customizable packages and services as well as state-of-the-art facilities.

Business advantages in RAKEZ:

  • Fast and simple registration procedure.
  • 100% foreign ownership.
  • Provides 100% income and corporate tax exemption.
  • Yields 100% capital and profit repatriation.
  • Fast procedure to issue UAE residencies and visas.
  • Less restrictions on labor.
  • Avail state-of-art infrastructure.
  • No currency restrictions.
  • Nil customs duty.
  • Excellent airport and seaport availability.
  • Transparent laws and regulations.
  • Furnished offices and warehouses.
  • Provides variety of real estate facilities to meet out individual start up needs.

Company formation in RAKEZ:

  • Branch of a Local Company.
  • Branch of a Foreign Company.
  • Free Zone Company (FZC) – entity with 2 to 5 shareholders
  • Free Zone Establishment (FZE) – entity with one shareholder.

RAKEZ Business Licenses Types:

  1. General Trading License: Permits the companies to store, distribute and import all goods as per the rules and regulations of RAKEZ
  2. Commercial Trade License: Allows products trading specified in the license subject to the RAKEZ regulations
  3. Service License: Enables the registered entity to carry out specific services like business consultants, lawyers, and accounting firms.
  4. Industrial License: Permits the raw materials import, carries out the specific products manufacture, assembling, exporting, and packaging the finished goods to any country.

UAE Freezones | 👁 1221 | Posted April 9, 2018 | Share on Facebook | Twitter | Google+

| Modified: April 9, 2018 | Author: