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Overview
Ras Al Khaimah is situated at the crossroads of Southeast Asia, Africa and Europe making it the perfect destination for Indian entrepreneurs to set up their business. Ras Al Khaimah Free Trade Zone launched in 2000 is a cost effective and rapidly growing zone in the UAE. For Indian investors RAK Free Zone offers many incentives at highly competitive rates compared to other UAE free zones making it a great option for business setup.
All services are available in RAK Free Trade Zone (RAK FTZ) and can be done through RAK Portal 360 which reduces the time taken to process paperwork and requests for RAK Company Formation.
For Indian entrepreneurs and investors Company Formation in Ras Al Khaimah (RAK) is a better option than other free zones in UAE as it has various office spaces and warehouses available at competitive rates.
Ras Al Khaimah has seen rapid growth in recent years and is attracting significant investment including from India based businesses looking to expand in the Middle East. RAK is considered a cost effective emirate to live, work and run a business with proximity to Strait of Hormuz for international trade.
100% foreign ownership is allowed in RAK, so Indian entrepreneurs can have full control of their business.
Tax free environment, including VAT exemption, which means big savings for Indian businesses.
No restrictions on foreign exchange transactions, which is beneficial for Indian businesses doing cross border trade.
Lower operational costs for office spaces, warehouses and energy supply which makes RAK a good location for Indian SMEs and startups.
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.
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.
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.
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.
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
Following is very popular free zone located in Ras AL Khaimah
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.