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RAKEZ Freezone RAKEZ Offshore Company

RAKEZ Freezone

The ras al khaimah free zone company setup ( rakez ) offers a range of business setup options, including free zone companies, offshore companies, and non-free zone companies. It caters to a diverse set of industries such as manufacturing, trading, consulting, technology, and more. RAK Free Zone, located in Ras Al Khaimah, United Arab Emirates, is a thriving hub for businesses seeking to establish a presence in the Middle East. Its strategic location, modern infrastructure, and investor-friendly policies have made it an attractive destination for entrepreneurs from around the world.

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Neeja Corporate Services is one of the leading consultants and solution providers for licensing, business incorporation, and other related activities. With the right set of expertise and experience, we help entrepreneurs and business owners acquire licenses and registration in a short span of time.

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Advantages Of Ras Al Khaimah Free Zone Business Setup - Company Formation Dubai

100% Foreign Ownership
One of the primary benefits of company formation in RAK Free Zone is that it allows for 100% foreign ownership. This means that international entrepreneurs can fully own and operate their businesses without the need for a local partner.
Taxation
RAK Free Zone offers a highly favorable tax environment. Companies established here benefit from zero corporate and personal taxes, as well as zero import and export duties. This can lead to significant cost savings for businesses.
Strategic Location
RAK Free Zone is strategically located, with access to major international markets in the Middle East, Asia, Europe, and Africa. Its proximity to major shipping routes and well-connected transportation infrastructure makes it an ideal hub for trade and distribut

Step By Step Process For Company Formation In RAKEZ Free Zone

Hurdling the Initial Requirements

To initiate the company formation process, you’ll need to gather the necessary documents, such as your passport copy, business plan, and application forms. The free zone authority will guide you through the requirements.

Choosing the Right Business Activity

Selecting the right business activity is crucial. RAK Free Zone accommodates a diverse range of industries, so it’s essential to align your chosen activity with your business goals.

Selecting the Company Structure

You can choose between a free zone establishment (FZE) for single shareholders and a free zone company (FZC) for multiple shareholders. Each option has its own advantages, so consider your long-term vision.

Obtaining Necessary Licenses

Depending on your business activity, you’ll need to acquire specific licenses. These licenses range from commercial and industrial to service and consulting.

Office Space and Staffing

Selecting appropriate office space is vital. Fortunately, RAK Free Zone provides flexible office solutions tailored to your business needs. Additionally, you’ll need to hire staff if required by your chosen activity.

Opening a Corporate Bank Account

Setting up a corporate bank account is straightforward, thanks to the free zone’s investor-friendly policies. This account will facilitate your business transactions.

Visa Application Process

Applying for visas for you and your employees is an integral step. RAK Free Zone offers efficient visa processing services to ensure a smooth relocation process.