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  • RAK FZ COMPANY FORMATION

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SFM IN PRESS

Our approach to protect data

20 May 2018

Much echo is being given nowadays to the looming implementation of the new European regulations regarding the processing of personal data, the General Data Protection Regulation (GDPR), and not only in the European Union.[..]

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Just Announced: 100% Ownership for Dubai Entrepreneurs

21 March 2018

The Emirate is always looking for ways to improve Dubai’s national and international standing. Now, The Dubai Entrepreneurs Academy (SME) has opened up opportunities for students and entrepreneurs to come up with novel ideas to drive forward business innovation. What’s more, 100% ownership is guaranteed through the new SME Business Incubator License.[..]

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RAS AL KHAIMAH FREE ZONE (RAK FZ)

Our Commitment

  1. Your Company in Rak Free 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 Free Zone Company Main Characteristics:

Company typeFree Zone Limited Liability
Governing corporate legislationRas Al Khaimah Free Trade Zone Authority
Information published relating to company officersCompany director names are not disclosed
ConfidentialityComplete confidentiality
Accounting requirementMandatory accounts and auditing
TaxationNo corporate or personal taxation
LegislationRas Al Khaimah Free Trade Zone Authority
Standard currencyUAE Dirhams pegged to USD
Time to form12 working days
CommunicationEfficient communication
Local sponsor requirementNot needed
Residence visa issuanceResidence Visa issuance is possible
Number of directors neededA 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