Company registration with RAK Investment Authority (RAKIA)

03.01.2024

For fast communication with a consultant

Price

from 27 500 USD

Registration period in days: 7

Ras Al Khaimah Investment Authority (RAKIA)

represents a mature commercial hub providing adaptable commercial resolutions. Irrespective of whether you are an independent entrepreneur, a small or medium-sized enterprise, or a substantial corporation, firm enrollment at RAK Investment Authority furnishes an array of remedies applicable to any phase of corporate maturation.

This disseminate elucidates in further intricacy the particulars of transacting commerce with RAKIA.

Advantages of opening a business in the RAKIA free zone

The RAKIA Unconstrained Region was instituted in 2005 to cultivate the venture milieu in the locale. It possesses straightforward entry to 2 roadways, 3 marine harbors, and 3 global aerodromes. Moreover, RAKIA holds two manufacturing preserves with a comprehensive expanse of 3,000 square meters. Here, patrons/investors can lease toil territory, bureau, storage, grounds at economical tariffs. Alternative benefits encompass:

The Principality of Ras Al Khaimah possesses a multifarious economy.
Lucid regulations.
Total absolution from immediate levies.
Complete international possession and repatriation of gains.
Zero tariffs on re-disseminated commodities.
Uncomplicated bureaucratic protocols.
Encouragements for financiers by the District Directorate.
Tactical site typified by closeness to terrestrial, aerial, and maritime transport pathways.
Contemporary foundation.

Business registration with RAK Investment Authority

RAKIA Unfettered Territory is sited in the sheikhdom of Ras Al Khaimah, which is nestled in the midpoint of the contemporary confluence connecting Europe, Asia, and Africa. The Emirate's governance has followed a vigorous strategy of economic heterogeneity. Lucid governance has enticed an assortment of alien backing, ranging from diminutive and medium-sized establishments to mammoth corporations. RAKIA Unfettered Territory was instituted to enhance the investment ambiance and boost RAK's economic domains. Presently, there are beyond 7,500 enterprises enrolled in RAKIA.

In order to satisfy the requisites of investors and their commercial necessities, corporate enrollment at RAKIA has been rendered convenient with pliant statutes, amenities, bureaus, assembly chambers for intercommunication, and business gatherings.

Establishing an enterprise with RAK Investment Authority
Available licences	Varieties of corporations
Mercantile (commerce in amenities and wares). Erudite (for a counsel corporation). Electronic Mercantilism. Universal exchange. Vocational/industrial (fabrication, importation/exportation of wares). Sanction for press-linked pursuits. Provision of amenities (counsel in any vocation). Independent contractor's license (for journalism, tutelage, Informatics, and investigators).	Free Zone Company (FZE) with 1 founder. Free Zone Company (FZC) with 2 to 50 founders. A subsidiary of an indigenous or overseas corporation.

The lowest approved capital for enrollment of a corporation is 100 myriad AED, and for a corporation with 2 or more co-partners - 150 myriad AED. Authorization continuance epoch - 1 annual cycle with the possibility of extension (fines may be imposed for belated prolongation). There exist no obligatory prerequisites to furnish scrutinized pecuniary declarations in FEZ.

Business enrollment procedure in RAKIA

Initiative sanction from the Immigration Bureau.
Drafting a compendium of constitution records.
Disbursement of enrollment and permission dues.
Securing a permission and finalizing a lease pact.

Papers for enrollment of a corporation in the RAKIA unrestricted region

Underneath is a register of obligatory parchments:

Petitions for enrollment and permitting.
Memorandum of union (validated).
Stockholders' determination.
Duplications of credentials of all managers and stockholders.
Duplication of visa/entry imprint of stockholders, Chief Executive Officer (if pertinent).
Certificate of Beneficial Standing.

Supplementary parchments might be entreated by the Directorate during the registration procedure.

Conclusion

RAKIA stands as a matured trade hub beckoning overseas direct investments within the UAE. Our adept authorities stand prepared to furnish you with supplementary enlightenment regarding commercial prospects in RAKIA and, when requisite, to aid you in enterprise enrollment within the UAE.

Q&A

Wherefore opt for RAK Investment Authority?

RAKIA stands as one of the most expeditiously burgeoning Independent Zones within the United Arab Emirates. The principal corporate and juridical benefits of this Autonomous Zone: