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Business Setup In Ras Al Khaimah Free Zone

Complete Guide To Register Free Zone Company In Free Zones Located In Ras AL Khaimah (RAK)

Ras Al Khaimah Free Zone Business Setup

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  • Ras Al Khaimah is at the crossroads of Southeast Asia, Africa and Europe, making it the perfect destination for German entrepreneurs to set up their business. Launched in 2000, Ras Al Khaimah Free Trade Zone (RAK FTZ) is a cost effective and growing economic zone in the UAE. For German investors, RAK Free Zone offers a range of benefits at very competitive rates compared to other UAE free zones, making it a great option for business setup.

  • RAK Free Zone also provides tailored support services to help German businesses navigate the local regulations. Just an hour from Dubai, RAK has an international airport and five strategic seaports, including Saqr Port, one of the largest bulk ports in the region. Today it has a thriving business community of over 12,000 companies from more than 100 countries across 50+ industry sectors.

Benefits of Business Setup In Ras Al Khaimah

 

All services in the RAK Free Trade Zone (RAK FTZ) can be accessed through the RAK Portal 360, which speeds up paperwork and processing for RAK company formation.

 

For German entrepreneurs and SMEs, company formation in Ras Al Khaimah (RAK) is a smart alternative to other UAE free zones as there are diverse office spaces and warehouse facilities available at competitive rates.

 

Ras Al Khaimah has seen rapid growth and is attracting more investment, including German companies expanding into the Middle East. RAK is considered a budget friendly emirate to live, work and operate in, with proximity to the Strait of Hormuz, facilitating international trade.

 

100% foreign ownership is allowed in RAK, so German entrepreneurs have full control of their business.

 

A tax free environment, including VAT exemptions, means big savings for German companies.

 

No restrictions on foreign exchange transactions, beneficial for cross border trade with Germany and the EU.

 

Lower operational costs for energy, office space and warehouses make RAK attractive for startups and SMEs from Germany.

Ras Al Khaimah Free Zone has six dedicated sectors for different types of businesses:

Al Hamra Business Zone Commercial, industrial and logistics areas along with residential and entertainment facilities.

Al Hamra Industrial Zone for light and heavy industry businesses.

Al Ghail Industrial Zone for industrial manufacturing activities.

Al Hulaila Industrial Zone for heavy industry and production.

RAKEZ Academic Zone for international educational institutions and service providers.

Al Nakheel Business Zone for freelancers and SMEs.

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Free Zone Office and Warehouse

RAK is one of the few UAE free zones offering customizable warehouse spaces and industrial plots for development. You can build or lease pre-built labor and staff accommodations. This zone provides all the standard free zone benefits, optimized for cost conscious German businesses.

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Ras Al Khaimah Free Trade Zone Parks

  • Technology Park for light industries, automation and capital intensive projects.
  • Academic Zone for educational service providers.
  • Business Park fully furnished office spaces, Flexi desks and executive offices at competitive prices. at competitive rates for established businesses.
  • Industrial Park for warehouses and heavy industries.

Types of Licenses to Setup a Company in RAK UAE

RAK FTZ Consulting & Service License and Real Estate License

Consulting services across various sectors like finance, legal, investment, management and real estate. Also includes activities like catering, travel, insurance and freight forwarding.

Industrial License

Required for companies importing raw materials, manufacturing, processing, assembling and exporting goods. Clearance from RAK FTZ authorities is mandatory.

Commercial License

Import, export, storage and distribution of goods as per the listed activities. German entrepreneurs can get this license through RAK company setup services.

Professional License

Services like IT solutions, consultancy, software development and design.

General Trading License

A broad commercial license that allows multi category trading, import/export and related activities. Unlike a standard trading license, product types don’t need to be specified.

Steps for Company Formation in Ras Al Khaimah

1

Choose your activity – RAK Free Zone supports commercial, e-commerce, media, education and other sectors. Choose one that fits your expertise.

2

Choose the company type – Decide your legal structure (FZE, branch, LLC, etc.) which will define your operations and compliance.

3

Choose and register a business name – Pick a name that meets UAE naming rules. Flyingcolour can assist with approvals.

4

Apply for a trade license – Submit your license application for the chosen business activity.

5

Apply for visas – Start visa procedures for you and your employees to live and work in the UAE.

6

Get the trade license – After approval, collect your license to start a business.

7

Rent office in the Free Zone – Finalize your office space in RAK to start operations.

Why choose us?

Flyingcolour Business Setup provides personalized support and expert consultancy for German entrepreneurs looking to set up a business in RAK Free Zone. We simplify the process from start to finish, ensuring full compliance and timely delivery.

Free Zones Located in Ras AL Khaimah

Following is very popular free zone located in Ras AL Khaimah

Ras Al Khaimah Economic Zone (RAKEZ)

Flyingcolour handles all types of company registrations in the UAE We do Mainland, Free Zone and Offshore setups across all Emirates, including RAK. We also open corporate bank accounts with top local banks. Our team works closely with UAE Government Departments to streamline your business setup journey.