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SFM IN PRESS

DTEC is Here – What is It and How Can it Benefit You?

29 October 2018

Once again proving that the UAE is one of the world’s best centres for tech companies, a new jurisdiction has just opened in Dubai for start-ups [..]

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Protecting your assets in the UAE : Introducing the DIFC Will

11 September 2018

Succession planning in United Arab Emirates (“UAE”) for non-Muslim resident and foreign investors: how to protect your assets located in Dubai and in Ras Al-Khaimah?[..]

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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 typeFree Zone Limited Liability
Governing corporate legislationRas Al Khaimah Economic 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 Economic 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