#RAKEZ Service License

[alexandererber-wealth]

Unlock Your Business Potential with RAKEZ Free Zone

Are you ready to take your business to the next level? Look no further than RAKEZ Free Zone! With its strategic location, supportive business environment, and range of benefits, RAKEZ Free Zone is the perfect place for entrepreneurs and businesses looking to establish a presence in the UAE. Our comprehensive guide to company formation will walk you through the process step by step, so you can unlock your business potential and achieve optimal success. Visit now our homepage for the full article.

[arnifi]

The UAE has been a hub for business and trade for many years. One of the reasons why it is attractive is its tax regime. The country has a relatively low tax rate, which makes it a lucrative destination for businesses looking to expand or set up shop in the Middle East.

[supdubaibusiness2024]

Business Setup for Health and Wellness Startups in the UAE: What You Need to Know

The health and wellness sector in the UAE is booming, driven by an increasing demand for fitness, mental health services, alternative therapies, and wellness tourism. With government initiatives promoting healthy living and supporting new businesses, the UAE is an ideal destination for launching a health and wellness startup. Here’s what you need to know about business setup in the UAE for this growing industry.

Choosing the Right Business Structure

When setting up your health and wellness startup, selecting the right business structure is essential. You have a few options:

Mainland Company: Ideal for operating across the UAE, but requires a local sponsor holding 51% ownership.

Free Zone Company: Offers 100% foreign ownership, tax benefits, and a streamlined setup process. Dubai Healthcare City (DHCC) is a popular free zone for health and wellness businesses.

Offshore Company: While not suitable for operating locally, offshore companies offer tax benefits for international dealings.

2. Licensing Requirements

Securing the proper licenses is crucial for operating a health and wellness business. The type of license depends on the services you offer:

Health & Wellness License: Required for fitness centers, yoga studios, or alternative therapies.

Medical License: Necessary if offering medical treatments or mental health services, and requires approval from the Dubai Health Authority (DHA) or the Ministry of Health (MOH).

Consulting with a business setup consultancy ensures you meet all legal requirements, including inspections and certifications.

3.Ideal Locations for Health & Wellness Startups

The UAE offers several strategic locations for health and wellness businesses. Popular choices include:

Dubai: As a major commercial hub, Dubai offers various free zones like Dubai Healthcare City, specifically designed for healthcare and wellness startups.

Abu Dhabi: The capital city is investing heavily in healthcare projects, making it another great option.

Ras Al Khaimah: For cost-effective options, RAKEZ offers competitive licensing packages for health and wellness businesses.

4. Benefits of Business Setup in the UAE

Starting a business setup in the UAE offers numerous advantages, including:

100% Foreign Ownership: Available in free zones.

Tax-Free Benefits: Many free zones offer tax-free income for a set period.

Government Support: The UAE government actively promotes the health and wellness sector through incentives and initiatives.

5. Marketing and Growth Potential

The UAE is an ideal location for health and wellness startups due to the growing demand from both residents and tourists. A well-executed digital marketing strategy, combined with strong branding, can help you tap into this market. Wellness tourism is also on the rise, opening further opportunities for businesses in this sector.

Conclusion

The UAE offers a fertile ground for health and wellness startups, with a supportive business environment, strategic location, and growing demand. Whether you choose the mainland or a free zone, partnering with a business setup consultancy ensures a smooth and compliant process for your business setup in the UAE. Let us guide you through the process, from licensing to launching your venture.

[businessetupuae]

Top Free Zones in the UAE for Entrepreneurs - Raes Associates

The United Arab Emirates (UAE) has become a global hub for business and innovation, particularly for entrepreneurs looking to establish or expand their ventures. One of the key attractions of the UAE is its free zones in the UAE, which offer numerous benefits including 100% foreign ownership, tax exemptions, and simplified business setup processes. In this blog post, we'll explore some of the top UAE free zone company setup options that cater to entrepreneurs.

1. Dubai Multi Commodities Centre (DMCC)

Overview

DMCC is one of the largest and fastest-growing free zones in the UAE, particularly favored by companies in the commodities sector.

Key Benefits

100% foreign ownership

No corporate tax for 50 years

Wide range of business activities permitted

Access to a vibrant business community and networking opportunities

Ideal For

Businesses in commodities trading, fintech, and technology sectors.

2. Sharjah Airport International Free Zone (SAIF Zone)

Overview

SAIF Zone is strategically located near Sharjah International Airport, making it an ideal choice for businesses focused on logistics and trade.

Key Benefits

100% foreign ownership

No import or export duties

Flexibility in leasing options

Cost-effective setup and operational fees

Ideal For

Logistics, warehousing, and manufacturing companies.

3. Abu Dhabi Global Market (ADGM)

Overview

ADGM is a financial free zone located in the capital city, Abu Dhabi. It aims to promote financial services and innovation.

Key Benefits

100% foreign ownership

No corporate tax

Robust regulatory framework

Access to a growing market in the UAE and beyond

Ideal For

Financial services, fintech startups, and investment firms.

4. Fujairah Free Zone

Overview

Situated near Fujairah Port, this free zone is perfect for businesses involved in shipping and logistics.

Key Benefits

100% foreign ownership

No corporate tax

Proximity to key shipping routes

Efficient customs procedures

Ideal For

Shipping, logistics, and maritime-related businesses.

5. Ras Al Khaimah Economic Zone (RAKEZ)

Overview

RAKEZ combines multiple free zones under one umbrella, offering diverse options for businesses in various sectors.

Key Benefits

100% foreign ownership

No corporate tax

Affordable setup costs

Access to both local and international markets

Ideal For

A wide range of industries, including manufacturing, trading, and service-based businesses.

6. Ajman Free Zone

Overview

Ajman Free Zone is known for its affordability and ease of doing business, making it attractive for startups.

Key Benefits

100% foreign ownership

No corporate tax

Flexible licensing options

Low operational costs

Ideal For

Small and medium-sized enterprises (SMEs) across various industries.

Conclusion

The UAE's free zones present unparalleled opportunities for entrepreneurs looking to establish their businesses in a thriving environment. With benefits like full foreign ownership, tax exemptions, and streamlined processes, these zones provide the perfect launchpad for startups and established businesses alike. Whether you're in logistics, finance, or tech, there’s a free zone tailored to your needs.

[seoteamwxt]

Consult with Talreja and Talreja LLC for RAKEZ Freezone Company Setup and unlock great opportunities! We provide the best advisory services to all clients. For more information, you can visit our website https://www.talrejaandtalreja.com/ or call us at +971-55-4559621

[vivekdigitally]

Discover the unparalleled advantages of RAK Free Zone for business setup with Arab Business Consultant. RAK Free Zone stands out as a strategic gateway for global enterprises, offering tax exemptions, foreign ownership, and seamless setup processes. With over 13,000 entities thriving in RAKEZ, it's a prime destination for businesses seeking growth opportunities. At Arab Business Consultant, we provide transparent guidance and flexible solutions for RAK Free Zone company setup, ensuring clients get tailored services that suit their needs. From trade licenses to visa processing, we handle every aspect with expertise, enabling businesses to establish a strong foothold in this dynamic market.

Unlocking Growth: RAK Free Zone Business Setup Made Easy

Contact Us +971 50 199 9486

Mail Id - info@arabbusinessconsultant.com

DUBAI HEAD OFFICE Office no. 114, Khaleej Center near Sharaf DG Metro station, Bur Dubai

[sonulohiaems]

Unveiling the Advantages: A Deep Dive into the RAK Free Zone

The bustling landscape of the United Arab Emirates (UAE) offers a plethora of opportunities for businesses seeking expansion and growth. Among these, the Ras Al Khaimah Economic Zone (RAKEZ), aptly nicknamed the "RAK Free Zone," stands out as a haven for entrepreneurs and investors. But what exactly makes RAK Free Zone so appealing? Let's delve into its key features and uncover the potential it holds for your business endeavors.

Unveiling the Benefits:

Tax-Haven Bliss: Operate in a completely tax-free environment, encompassing corporate income tax, personal income tax, and import/export duties. This translates to significant cost savings and increased profitability.

Foreign Ownership Freedom: Unlike many other regions, RAK Free Zone allows 100% foreign ownership, granting you complete control over your business destiny.

Streamlined Setup: Enjoy a fast and hassle-free company formation process. RAK Free Zone boasts a one-stop shop approach, eliminating bureaucratic hurdles and ensuring a smooth launch.

Industry Agnostic Embrace: RAK Free Zone caters to a diverse range of industries, from trading and logistics to light manufacturing and technology. Find the perfect fit for your specific business needs.

Global Connectivity Hub: Strategically located, RAK Free Zone provides excellent access to regional and international markets, empowering you to expand your reach effortlessly.

Cost-Effective Solutions: From flexible licensing options to affordable office spaces and warehousing facilities, RAK Free Zone prioritizes value for money, making it ideal for startups and established businesses alike.

Supportive Ecosystem: Benefit from a vibrant community of like-minded individuals and access to comprehensive business support services, fostering growth and collaboration.

Beyond the Basics:

RAK Free Zone goes beyond offering mere tax benefits and ease of setup. It cultivates a dynamic environment that fosters innovation and empowers businesses to thrive. Consider these additional advantages:

Scalability: Easily adapt your business operations as your needs evolve, thanks to RAK Free Zone's flexible infrastructure and expansion options.

Innovation Hub: Leverage the RAK Innovation Room, a dedicated space for creative minds to collaborate and bring groundbreaking ideas to life.

Visa Convenience: Secure fast-track visas for yourself and your employees, ensuring a smooth relocation and operational efficiency.

Quality of Life: Enjoy a high standard of living in Ras Al Khaimah, with world-class amenities, a multicultural community, and stunning natural beauty.

Is RAK Free Zone Right for You?

If you're seeking a business-friendly environment that prioritizes growth, cost-effectiveness, and global connectivity, RAK Free Zone deserves serious consideration. From startups to established corporations, its diverse offerings cater to a wide range of business needs and aspirations. Conduct thorough research, assess your specific requirements, and connect with RAK Free Zone representatives to explore the possibilities further. Remember, this blog merely scratches the surface – the true potential of RAK Free Zone awaits your discovery!

[fmaauditors]

Registered Auditors – FMA Audit

FMA Audit stands as a trusted name among Registered Auditors offering comprehensive auditing services in RAKEZ, Ras Al Khaimah. With expertise in adhering to International Financial Reporting Standards (IFRS), FMA Audit ensures meticulous examination of financial statements. Their certified auditors play a pivotal role in securing trade license renewals by verifying the accuracy of accounts and confirming adherence to commercial license activities. FMA Audit's commitment to compliance safeguards businesses from money laundering risks. Failure to file audited financial statements may incur fines, making FMA Audit an essential partner for businesses seeking reliability, precision, and regulatory assurance in their financial reporting.

[centriz]

Centriz Corporate Services is your gateway to a hassle-free business setup in RAKEZ.

Our all-inclusive package, starting at just AED 20000*, includes a 2-year freezone license and investor visa.

Our exclusive offer includes the convenience of paying in three easy installments to kickstart your entrepreneurial journey without breaking the bank.

Avail this offer today, and you can get a free consultation with our corporate experts.

Get your free consultation with us now, 📲+97142556033 📧 info@centriz.ae 🌏https://centriz.ae/

[theprivatewolf]

The Cheapest Free Zone Licenses in the UAE

The United Arab Emirates (UAE) continues to be a magnet for entrepreneurs and businesses seeking to establish their presence in a dynamic and thriving economy. With the availability of free zones across the country, setting up your company has never been more accessible. In this guide, we’ll explore the benefits of choosing a UAE free zone, unveil the top five cheapest free zones, and introduce you to Private Wolf, your partner in selecting the perfect free zone company setup.

1. Benefits of Setting Up Your Company in a UAE Free Zone

Setting up your company in a UAE free zone offers a myriad of advantages, making it an attractive proposition for both startups and established businesses. These benefits include:

100% Ownership: One of the most appealing features of free zones is that you can have full ownership of your company, without the need for a local sponsor.

Tax Exemptions: Many free zones offer tax exemptions for a set period, providing a favorable environment for businesses to grow.

Simplified Licensing: The process of obtaining licenses in free zones is streamlined, ensuring a hassle-free setup.

Infrastructure: Free zones offer state-of-the-art facilities and infrastructure, enhancing your business operations.

Strategic Location: The UAE’s strategic location provides access to regional and global markets, opening up a world of opportunities.

2. Top 5 Cheapest Free Zones in the UAE

If you’re looking for affordable options, here are the top five cheapest free zones in the UAE:

RAK Economic Zone (RAKEZ): RAKEZ offers cost-effective solutions and a variety of business support services.

Umm Al Quwain Free Trade Zone (UAQ FTZ): This free zone stands out for its competitive pricing and strategic location.

Fujairah Creative City: Ideal for startups in the media and creative industries, it provides cost-effective licenses.

Ajman Free Zone: Ajman Free Zone offers attractive packages for businesses, including flexible payment options.

Sharjah Media City (SHAMS): SHAMS caters to media and creative businesses with budget-friendly setups.

3. How Private Wolf Can Help You Choose the Right Free Zone Company Setup

Selecting the right free zone for your company’s needs is crucial, and that’s where Private Wolf steps in. We specialize in guiding businesses through the process of choosing the most suitable free zone for their unique requirements. Our experts provide insights, facilitate the setup process, and ensure you make an informed decision.

In conclusion, the UAE’s free zones offer an array of benefits and opportunities for businesses. Whether you’re a startup or a growing enterprise, the country’s diverse free zones provide cost-effective options to kickstart your venture. With the guidance of experts like Private Wolf, you can navigate the choices and find the perfect free zone for your company, ensuring a successful and cost-efficient business setup in the UAE.

[elevateaccounting]

Everything you must know about Rakez Approved Auditors

When it comes to your business's financial health, ensuring accuracy, compliance, and transparency is crucial. As a business owner operating in the RAKEZ (Ras Al Khaimah Economic Zone) free trade zone in the UAE, it is essential to partner with a trustworthy auditing firm.

Unregistered audit firms are barred from performing audits, liquidation, or offering services to companies licensed by RAKEZ. These updated regulations aim to guarantee compliance of registered companies with both local and international standards, including the International Financial Reporting Standards (IFRS), Anti-Money Laundering (AML), and Combating Financing of Terrorism (CFT).

Documents required by the RAKEZ Approved Auditors to conduct the audit

To carry out an audit and provide assurance, auditors request companies to provide documentation pertaining to the relevant year. This enables auditors to effectively evaluate the financial statements at the year-end and form an opinion on the financial position, ensuring compliance with regulations. The companies are obligated to present the following documents:

●      Bank Statements

●      Credit/ debit confirmation for all financial transactions

●      Copies of bills and invoices

●      Memorandum of Association (MoA)

●      Articles of Association (AOA)

●      Latest Trade License

●      Registration Details for VAT and Excise Tax (If Applicable)

●      Books of Accounts

Why Choose RAKEZ Approved Auditors?

i) Unmatched Expertise: Elevate brings a team of seasoned professionals with extensive experience in auditing within the RAKEZ framework. Our auditors possess a deep understanding of the regulations, laws, and compliance requirements specific to the RAKEZ free zone. This expertise ensures that your business receives accurate and reliable auditing services that align with RAKEZ's standards.

 ii) Compliance Assurance: As a RAKEZ approved auditing firm, we specialize in helping businesses adhere to the stringent regulatory framework established by RAKEZ. Our auditors meticulously examine your financial records, transactions, and internal control systems to ensure compliance with RAKEZ regulations. By partnering with us, you can rest assured knowing that your business operations are in line with the guidelines set forth by the free zone authority.

 iii) Tailored Solutions: At Elevate, we understand that every business is unique. Our RAKEZ approved auditors take the time to understand your specific requirements, challenges, and objectives. This enables us to develop customized auditing solutions that address your business's specific needs, ensuring maximum efficiency and accuracy in our auditing process.

 iv) Transparent Reporting: Our commitment to transparency is unwavering. As RAKEZ approved auditors, we provide comprehensive reports that outline the findings of our audits in a clear and understandable manner. Our detailed reports help you gain insights into your financial performance, identify areas of improvement, and make informed decisions to drive your business forward.

 v) Trusted Partnership: When you choose Elevate as your RAKEZ approved auditors, you gain a trusted partner invested in your success. We go beyond the scope of auditing by offering valuable guidance and recommendations to enhance your financial processes, internal controls, and overall business operations. Our aim is to build a long-term partnership based on trust, integrity, and mutual growth.

Conclusion:

As a business operating within the RAKEZ free trade zone in the UAE, choosing the right auditing firm is pivotal. Elevate Accounting & Auditing stands as your reliable and expert RAKEZ approved auditors, equipped with the expertise, knowledge, and dedication to support your business's financial well-being. With our tailored solutions, compliance assurance, and transparent reporting, we ensure that your business thrives in the RAKEZ ecosystem.

Trust Elevate to be your partner in success. Contact us today to learn more about our RAKEZ approved auditing services and elevate your business to new heights.

[elegantservices]

RAKEZ BIZ STARTER LICENSE PACKAGE WITH 1 INVESTOR VISA FREE

RAKEZ free zone bring unbeatable license package for entrepreneur or business startup, you will get business license choose from service, commercial or media activities, general trading with e-commerce license starting from AED 12900/- all inclusive with 1 investor visa valid for 2 year (as per new update) and e-channel registration fee. license renewal cost will be AED 8500/-

Rakez biz starter Package

License Package includes

License Fee

Pre-approval fee (1 shareholder only)

Immigration/ Establishment card

Co working lease fee

E-channel (registration and renewal)

Entry permit

Visa stamping

Medical

Emirates ID

Change of status

[arnifi]

Are you looking to expand your foreign company in Saudi Arabia? The kingdom is currently going through a massive economic transformation, and foreign businesses are welcomed with open arms.

[supdubaibusiness2024]

Beyond Dubai: Emerging Business Hubs in the UAE You Should Consider

When it comes to business setup in the UAE, Dubai often grabs the spotlight. However, other emirates are rapidly gaining traction as attractive destinations for entrepreneurs. These emerging business hubs offer unique opportunities, cost-effective solutions, and favorable conditions that make them just as appealing as Dubai. As a business setup consultancy, we explore key locations beyond Dubai that you should consider for establishing your business.

Abu Dhabi: The Capital’s Business Potential

While Abu Dhabi is known for its oil wealth, the emirate has diversified its economy with growing sectors like real estate, tourism, technology, and renewable energy. Business-friendly policies and a strategic location make Abu Dhabi an attractive choice. The Abu Dhabi Global Market (ADGM) offers world-class financial services, while Khalifa Industrial Zone (KIZAD) provides cost-effective industrial and manufacturing solutions. Entrepreneurs benefit from robust infrastructure, access to capital, and a supportive business environment.

2. Sharjah: A Cultural and Industrial Hub

Sharjah is a vibrant mix of industry, culture, and commerce. It is emerging as a business hub, particularly for SMEs and startups. Sharjah Media City (Shams) and Sharjah Research Technology and Innovation Park (SRTIP) cater to tech, media, and innovation-driven businesses. The cost of setting up a business in Sharjah is generally lower than in Dubai, making it an attractive option for entrepreneurs on a budget. Sharjah’s proximity to Dubai is another key advantage, offering access to the region’s largest market without the associated high costs.

3. Ras Al Khaimah: The Budget-Friendly Free Zone

For those looking for an affordable business setup in UAE, Ras Al Khaimah Economic Zone (RAKEZ) offers excellent solutions. RAKEZ provides one of the most cost-effective business setups, with flexible licensing options, low operational costs, and a business-friendly environment. Entrepreneurs benefit from quick setup processes and a wide range of business activities. It’s a great choice for SMEs, freelancers, and startups who want to minimize costs while accessing the UAE market.

4. Ajman: The Rising Star for SMEs

Ajman is one of the UAE’s hidden gems for business setup. With Ajman Free Zone (AFZ) offering competitive packages and quick setup processes, it’s becoming a popular hub for small businesses and startups. Ajman’s strategic location between Dubai and Sharjah gives businesses easy access to major markets, while its cost-effective licensing and operational fees make it ideal for budget-conscious entrepreneurs.

5. Fujairah: A Gateway for Trade and Industry

Fujairah’s strategic position along the Indian Ocean makes it an ideal location for trade and shipping businesses. Fujairah Free Zone (FFZ) and Fujairah Creative City offer specialized zones for media, logistics, and industrial ventures. The emirate’s lower operational costs and proximity to key shipping routes make it a practical option for businesses involved in trade, logistics, and manufacturing.

Conclusion

While Dubai remains a top destination for business setup in UAE, these emerging business hubs offer unique advantages for entrepreneurs seeking cost-effective solutions, strategic locations, and specialized zones. Whether you are looking to set up in Abu Dhabi’s thriving economy, Ras Al Khaimah’s budget-friendly zone, or the cultural heart of Sharjah, the UAE has a diverse range of options to suit any business need. Let Setup Dubai Business guide you through the process and help you choose the best location for your entrepreneurial journey.

[tech-blog987]

DUBAI WORLD CENTRAL (DWC) APPROVED AUDITORS — HALLMARK AUDITORS

INTRODUCTION :

Dubai World Central (DWC) is Dubai`s airport of the future. The airport opened on June 27, 2010 for shipment operations observed with the aid of using passenger flights in October 2013. Once completed, this airport may be the world`s biggest international gateway with ability for extra than a hundred and sixty million passengers in step with 12 months.

Positioned as a international shipping hub and most important contributor to the monetary increase of Dubai and the United Arab Emirates, Dubai World Central gives business-pleasant loose quarter advantages and a residing surroundings with a various variety of residential houses and residences to fit extraordinary lifestyles.

DUBAI WORLD CENTRAL PERKS :

Exemption from Personal Income and Corporate Income Taxes

100% Foreign Ownership

Full Repatriation of Profits

Top notch infrastructure

Exemption from all import and export obligations

Efficient & Quick Documentation

Investment Opportunities

MANDATORY AUDIT FOR DWC :

DWC businesses are required to put up their audited economic statements inside ninety days from the quit of the business enterprise`s economic 12 months. DWC businesses can simplest be audited with the aid of using DWC permitted auditors.

Failing to put up the audited economic statements on time might bring about a satisfactory along with non-renewal or suspension of licenses.

AUDITOR`S REPORTING REQUIREMENTS :

The auditor will evaluation and record at the money owed organized according with nearby and global policies.

The auditor`s record need to nation whether or not the business enterprise`s money owed adhere to International Financial Reporting Standards (IFRS).

The auditor`s record need to offer information on whether or not the money owed gift a real and truthful view of the business enterprise`s affairs on the quit of the economic 12 months and money owed are loose from cloth misstatements.

The auditor desires to nation in his record whether or not the business enterprise is assignment simplest sports accredited beneathneath its license. The government rely upon the auditor`s record earlier than renewing the license.

The auditor need to certify that the money owed of the business enterprise are in compliance with the accounting statistics and returns.

The auditor has to make sure that the businesses aren’t indulging in cash laundering and financing of terrorism.

DUBAI WORLD CENTRAL (DWC) APPROVED AUDITORS :

We at ``Hallmark International`` are Dubai World Central permitted auditors imparting the satisfactory auditing offerings to make sure compliance of the businesses laws & policies withinside the U.A.E. In addition to Auditing offerings we additionally offer Accounting & Bookkeeping, Business Incorporation and ERP & Accounting Software Services. We also are DIC, DMCC, RAKEZ, JAFZA, DAFZA and Dubai Media City permitted auditors.

From the time of taking on your entities auditing with the aid of using our experts to the quit of rapid delivering of news will make ``Hallmark International`` your best preference of auditors` always!

for more information visit :

[gbsdmcc]

RAK Free Zone Company Formation

Ras Al Khaimah (RAK) is the northernmost emirate of the United Arab Emirates (UAE) approximately 100 kms northeast of Dubai. A strong economy together with a stable political environment makes the UAE a very attractive and safe place for investments of all kinds. The cost of living and doing business in RAK are markedly lower than in other emirates allowing for greater profit margins for investors.

The Ras Al Khaimah Economic Zone Authority (RAKEZ) was established in 2017 building on 17 years of consistent value generated by RAK FTZ and RAKIA. It is the result of an initiative on the part of His Highness Sheikh Faisal Bin Saqr Al Qasimi, Chairman of the Ras Al Khaimah Finance Department to set up the emirate’s free trade zone.

Currently RAKEZ has four fully operational “parks” – The Business Park, Industrial Park, Technology Park and Academy Zone – with plans to develop additional industry-specific sites in the future. Today approximately more than 13,000 companies from 100 countries are enjoying to do their business into Ras Al Khaimah Economic Zone.

Characteristics of Company Formation in RAKEZ: Location:Ras Al Khaimah Economic Zone, Ras Al Khaimah, (U.A.E.)Proposed activity:Manufacturing/Trading/Service/Education & Media related activities can be carried out in RAKEZ.License available:Industrial/Commercial trading/General trading, Media, E- Commerce, Educational & Service license are available options for RAKEZ – Ras Al Khaimah Economic Zone.Type of entities:FZ – LLC (Limited Liabilities Company) and BranchShareholder:Shareholder for Ras Al Khaimah Economic Zone (RAKEZ) Company can be Individuals or Corporate entity (maximum 50)Director:Individuals only (Minimum one. Shareholder can also be Director) Share capital:AED 10,000/- (10 shares of AED 1,000/- each) in case of FZ – LLC for RAKEZ Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.Audit:Audit report is required to be filed with RAKEZ.Estimated time:1- 2 weeks to obtain trade license of the company and register a company in RAKEZ (Ras Al Khaimah Economic Zone)Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

RAK Free Zone License Cost:RAKEZ Company Setup begins from AED 11,540/-Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in RAKEZ.

Other Notes for RAKEZ – Ras Al Khaimah Economic Zone Company Setup:Document to be legalized with UAE Embassy in case of corporate shareholder Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time. Company Immigration/Establishment card to be renewed every year Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/- Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in RAKEZ. Our company acts as a one stop solution for RAKEZ company incorporation services.If you are looking for RAKEZ company setup, please get in touch with us for professional assistanceCall us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in RAKEZ (Ras Al Khaimah Economic Zone).

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.