Ras Al Khaimah Free Zone Business Setup for Australians
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Ras Al Khaimah (RAK) sits at the crossroads of Southeast Asia, Africa, and Europe, making it an ideal location for Australian businesses looking to expand internationally. Established in 2000, the RAK Free Trade Zone offers a one-stop solution for company setup, providing cost-effective and rapid incentives. With competitive setup costs, it’s a smart choice for establishing a presence in the Middle East.
- RAK Free Zone offers tailored support services to help Australian entrepreneurs navigate the UAE's regulatory environment with ease. Just an hour’s drive from Dubai, RAK boasts excellent connectivity via its international airport and the Port of Saqr. With over 100 nationalities across 50 industry sectors, it’s a thriving hub for international business expansion.
Benefits of Business Setup In Ras Al Khaimah
All business services in Ras Al Khaimah Free Trade Zone (RAK FTZ) can be accessed via the RAK Portal 360—a digital platform that simplifies and speeds up the entire company formation process for UK entrepreneurs and investors.
Setting up a company in Ras Al Khaimah (RAK) offers greater value compared to other UAE free zones, with competitively priced office spaces and warehousing facilities. RAK FTZ has experienced rapid growth in recent years, aiming to expand into the Middle East.
Known for its cost-effective environment, RAK offers an ideal location for work, with strategic access to the Strait of Hormuz for international trade.
1RAK offers 100% foreign ownership, allowing UK entrepreneurs to retain full control of their business without a local partner. Enjoy a tax-free environment in Ras Al Khaimah, including no corporate or VAT exemptions—an excellent cost-saving advantage for UK businesses.
With no restrictions on foreign exchange transactions, Ras Al Khaimah offers seamless cross-border trade and financial flexibility.
RAK provides lower operational costs for office space, warehousing, and utilities, making it an ideal choice for UK SMEs and startups looking to expand in the UAE.
Ras Al Khaimah Free Zone has six different sectors, each for a specific business:
Al Hamra Business Zone has commercial, industrial and logistics hubs, entertainment and residential facilities.
Al Hamra Industrial Zone for light and heavy industry businesses.
Al Ghail Industrial Zone for industrial manufacturing.
Al Hulaila Industrial Zone for heavy industry producers.
RAKEZ Academic Zone for international education institutions and service providers.
Al Nakheel Business Zone for freelancers and SMEs.
Free Zone Office and Warehouse
Ras Al Khaimah is one of the few free zones in the UAE where you can have customizable warehouse spaces and industrial plots for development. You can also build or lease pre-built staff and labor accommodations. And this free zone offers all the standard benefits of other free zones but tailored for cost conscious businesses.
Ras Al Khaimah Free Trade Zone Parks
- Technology Park for light industries, automated manufacturing and capital intensive lifestyle projects.
- Academic Zone for educational companies.
- Business Park fully furnished and functional offices, desks and Flexi offices at competitive rates for established businesses.
- Industrial Park for warehouses and heavy industries.
Types of Licenses to Setup a Company in RAK UAE
This license allows you to offer consulting services in various sectors like finance, investment, management, legal, economics. It also covers restaurants or food outlets, catering services, travel agencies, insurance companies, cargo and freight forwarding.
This license is required for companies that import raw materials, manufacture, process, assemble, package and export finished products. Clearance from Ras Al Khaimah Free Zone authorities is required to get this license.
This license allows you to import, export, store and distribute goods as specified in the license. Entrepreneurs using RAK company formation services can get this license easily.
This license allows you to offer professional services like consultancy, IT solutions, design, development and many other services.
A broader commercial license that allows you to trade, import, export and related activities. Unlike a standard trading license where product types must be specified, the general trading license covers multiple product categories. Business setup consultants in Ras Al Khaimah, like Flyingcolour, can help you get this license quickly.
Steps for Company Formation in Ras Al Khaimah
Choose your activity – RAK Free Zone offers many options, commercial, educational, e-commerce, media etc. Choose an activity that matches your expertise and future plans.
Choose the company type – Decide on the legal structure of your company. This will determine the operational framework and compliance requirements.
Choose and register a business name – Choose a company name that adheres to UAE’s rules, make sure it meets the naming conventions. Flyingcolour can help you navigate these rules and submit the name for approval.
Apply for a trade license – Submit your application for the relevant trade license to RAK Free Zone, choose the one that matches your activity.
Apply for visas – Start the visa application process for yourself and your employees to work and live in the UAE.
Get the trade license – After the trade license is approved, complete the process to get the trade license that allows you to start operations.
Rent office in the Free Zone – Get an office in the RAK Free Zone to establish your official business premises and start your operations.
Why choose us?
Flyingcolour Business Setup provides expert guidance and personalized service for your business setup in RAK Free Zone. Our team is with you every step of the way to make the business setup process seamless
Flyingcolour® does all types of company registrations in UAE, We do Mainland, Free Zone and Offshore company setups across all Emirates of UAE. We also open business bank accounts with local banks. Our team works with UAE Government Departments and banks to make the registration process smooth.