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SFM IN PRESS

Over 100,000 Wealthy Migrants Moved Countries in 2018

14 May 2019

The recent AfrAsia Bank Global Wealth Migration Review 2019 revealed that High net worth individuals, or HNWI for short, are increasingly mobile. [..]

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Residency in the UAE: New Rules

2 April 2019

The United Arab Emirates (UAE) is one of the world’s biggest international business hubs and a friendly environment for all kinds of start-up businesses.[..]

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Ras Al Khaimah Economic Zone (RAK EZ)

Our Commitment

  1. Your Company in Ras Al Khaimah Economic Zone formed within 12 working days *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. UAE Residency Visa for you and family members
  5. Setting up your company with a bank account including eBanking and debit card
Ras Al Khaimah Free Zone Company

Ras Al Khaimah Economic Zone Company Main Characteristics:

Company type Free Zone Limited Liability
Governing corporate legislation Ras Al Khaimah Economic Zone Authority
Information published relating to company officers Company director names are not disclosed
Confidentiality Complete confidentiality
Accounting requirement Mandatory accounts and auditing
Taxation No corporate or personal taxation
Legislation Ras Al Khaimah Economic Zone Authority
Standard currency UAE Dirhams pegged to USD
Time to form 12 working days
Communication Efficient communication
Local sponsor requirement Not needed
Residence visa issuance Residence Visa issuance is possible
Number of directors needed A minimum of one director

Types of Establishments:

New Establishments:
  • Free Zone Establishment - a new business entity with a sole business owner.
  • Free Zone Company - a new business entity with 2-5 partners.

Branches:
  • Local Branch. A branch of a domestic firm operating in the UAE. The parent company should be at least a year old.
  • Foreign Branch. A domestic branch of a foreign firm from outside the UAE. The parent company should be at least a year old.

Types of Business License:
  • Commercial License - Import, export, distribution or warehousing of goods (two activities must be specified).
  • General Trading License - Import, export, distribution or warehousing of goods (general activities).
  • Consultancy/Services License - Any type of management, marketing, academic, real estate, logistics or industrial consulting.
  • Industrial License - Import of raw materials, manufacturing, processing, assembling, packaging and export of finished products.

* Please refer to our Terms & Conditions