RAK FREE ZONE TRADE (RAK FTZ)
Ras Al Khaimah Free Trade Zone (RAK FTZ) offers a gateway to emerging markets day by day. One of the fastest-growing free trade zones in the UAE, the RAK FTZ is 100% tax-free, allows 100% foreign ownership, and IBD BUSINESS assure the best service to our valuable clients.
The costs of living and doing business in Ras Al Khaimah comparatively lower than other emirates, and far below those traditional business centers such as London, New York, Hong Kong and Mumbai, allowing a potentially greater return on their investments.
RAK FTZ has got four unique free zone parks that will suit every investor according to their specific requirements/business (Business Park, an Industrial Park, and Technology)
Along with providing commercial, general trading, consultancy, industrial, and academic licenses, registering legal entities, and offering competitive and tailored offices, warehouses and land.
Headquartered in Ras Al Khaimah, the RAK FTZ has business centers in Ras Al Khaimah, as well as promotion centers in Dubai and Abu Dhabi. The RAK FTZ is also active in three continents, with liaison offices in Turkey, India and Germany, giving it international reach and scope.
New Company Setup
Capital required for Free Zone Establishment / Company – AED 100,000/-
Registration Fee for Free Zone Establishment / Company will be charged one time
Branch of a Foreign Company- No Capital required
In case of Local Branch – All original documents are required and should be attested by UAE Court
Physical office needs to be within RAK FTZ Business Park. Either RAK FTZ provides a
shared PO Box or the client needs to avail a PO Box from Empost)
Types of Trade Licenses Available and Fees per annum
The companies accepted for operation in Ras Al Khaimah Free Trade Zone will be granted any one of the following licenses: Industrial License, General Trading License, Commercial License, Consulting & Service License and Real Estate License.
Activities allowed: Import of raw materials, manufacturing, processing, assembling, packaging, and exporting finished products. Feasibility and environmental impact studies and clearance from RAKFTZ are required.
Activities allowed: Import, export, distribution, consolidation, storage or warehousing of items specified on the License. Maximum limit is seven similar product lines.
Consulting & Service License
Activities allowed: Offering consulting services in management, finance, investment, legal issues, labour relations, economics (including feasibility studies), industrial development, marketing, and related subjects. Other services include logistical support such as: restaurants or food outlets, catering services, travel agencies, leisure and social activities, insurance, cargo & freight forwarding, accounting, and audition services.
Commercial – General Trading License
A General Trading License can be obtained under a Commercial License, which allows for more than seven product lines.