RAS AL KHAIMAH FREE ZONES
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RAS AL KHAIMAH FREE ZONES
The Ras Al Khaimah free zone, which opened in 2000, now has approximately 8,500 enterprises from more than 100 nations. You are permitted to open any type of business in the RAK freezone. Only 50 minutes from Dubai, Ras Al Khaimah is quickly becoming a popular investment destination. RAK freezone, which has state-of-the-art infrastructure, is poised to become the most sought-after investment location in the UAE. The cost of starting a business in the UAE is also among the lowest. In contrast to mainland corporations, it also provides investors with free-hold property and full foreign ownership. Logistics is cheaper from Ras Al Khaimah free zone as it acts like an entry point of UAE from the Arabian Sea.
Because RAK Investment Authority issues permits quickly, the time it takes to register a company in RAK freezone is smaller than the time it takes to form a company in Dubai free zones. Prior to the foundation of a RAK free zone firm, investors must have a minimum capital amount in their bank account. You must have all of the necessary papers in order to start a business in the Ras Al Khaimah free zone, as well as pay the license payments on time. PanaceaBiz assists with company creation, registration, and the purchase of your RAK freezone license to make this process simple and quick.
FOUR FREE ZONE BUSINESS PARKS OF RAS AL KHAIMAH FREE ZONE:
- Industrial: This section is designed to handle heavy manufacturing sectors.
- Business: This area is dedicated to firms and corporates looking to invest.
- Technology: Trade and light manufacturers are both represented in this sector of technology.
- Academic: The RAK FTZ aspires to be a world-class education destination by establishing a zone for the top educational institutions in the world.
- NO Local UAE Sponsor FEE
- 100% ownership
- Assistance with Bank account opening
- Office Lease Agreement
- 3-year UAE residency visa