Mainland Company Formation

RAK Free zone was Established in the year 2000, Ras Al Khaimah Free Trade Zone (RAK FTZ) is the venture goal of decision for more than 8,600 organizations from more than 100 nations, speaking to more than 50 industry parts. Not exactly a hour's drive from Dubai, RAK FTZ offers various favorable circumstances.

RAK FTZ Parks

Mechanical Park

The Industrial Park is situated along the Ras Al Khaimah beach front street, roughly 18 km north of Ras Al Khaimah's downtown area, and promptly neighboring Hulaylah Island. The recreation center is around 6 km from Ras Al Khaimah's Saqr Port, covering a region of 128 hectares. It is created for substantial enterprises and warehousing, furthermore fuses vitality supply. The recreation center's offices incorporate nearby worker housing, a traditions office, an operation steady administrations focus, and additionally other authoritative support and administration focuses.

Business Park

The RAK FTZ Business Park comprises of five structures – Business Centers 1 to 4, and the Administration Building. The Business Park is arranged in the heart of Ras Al Khaimah's business region.

Scholastic Zone

The Academic Zone involves instructive associations that offer scholarly projects to the RAK and more extensive UAE people group. The primary group of grounds is in Academic Zone 3, which is halfway situated in the Al Dhait zone. Some instructive associations set up under the free zone work from partitioned grounds at appointed areas in Ras Al Khaimah

Innovation Park

Found south of Ras Al Khaimah's downtown area, the Technology Park appreciates closeness to Dubai through Sheik Mohammed canister Zayed Road (E311) and Ras Al Khaimah International Airport. Covering a region of 100 hectares, it is situated inverse Al Hamra Village and Resort. It is arranged in a quickly extending range dedicated to light enterprises and computerized fabricating, and in addition capital-escalated way of life ventures.

Business License from RAK Free zone

RAK FTZ offer four sorts of business licenses:

Business License

General Trading License

Consultancy/Services License

Modern License

Candidates ought to know about the accompanying focuses when applying for a business permit:

Each organization working inside RAK FTZ is required to get a business permit. A business permit (otherwise called an exchange permit) is a period restricted allow conceded to an organization to embrace business, counseling or mechanical exercises inside the free zone.

Every permit is substantial for one year, beginning from the date of issue, and should be reestablished yearly. Accommodation of review reports is a compulsory necessity for business permit restoration.

Organizations authorized by RAK FTZ are not approved to work together in the UAE showcase - a nearby operator or wholesaler must be extraordinarily selected for completing business exercises in the UAE advertise.

All rates are liable to intermittent modifications, and the authorized organizations will be educated of such corrections at the season of business permit reestablishment.

Required Documents

Organization enlistment:

Testament of Incorporation/Formation

Application frame (relevant to Free Zone Company/Establishment as it were)

Brief venture portrayal

Bank letter to open a record for the sake of the organization

Travel permit duplicates

Bank references

Rundown of Trade Names shape

Extra reports might be required by the Licensing Department

Business permit issuance:

A bank letter affirming that the predetermined measure of capital has been saved (appropriate to Free Zone Company/Establishment just) is required. For Branches, it is not required to store capital in the organization account - RAK Free Trade Zone will issue the permit once installment has been handled. All new Free Zone Company/Establishment candidates ought to open a ledger inside 90 days of the Certificate of Incorporation/Formation to abstain from paying a punishment of AED 7,000 to revalidate the Certificate of Incorporation/Formation.

Visa issuance:

A visa application and every single supporting record are required

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