Setting Up a New Company in RAKEZ Free Zone

New company Setup in RAKEZ free zone offers a wide range of benefits for businesses looking to set up in the UAE. With our expertise and experience, we can help you navigate the process of company setup in RAKEZ, making it a smooth and hassle-free experience.

What is RAKEZ Free Zone?

RAKEZ, short for Ras Al Khaimah Economic Zone, is one of the fastest-growing economic zones in the UAE. It offers a range of benefits for businesses looking to establish a presence in the region, including 100% foreign ownership, tax exemptions, and access to state-of-the-art infrastructure.

Why Choose RAKEZ Free Zone for Your Company Setup?

company setup in RAKEZ Free Zone comes with a myriad of advantages. Some of the key benefits include:

• 100% Foreign Ownership: Unlike in many other countries, foreign investors are allowed to own 100% of their company in RAKEZ Free Zone, providing full control over their business operations.
• Tax Exemptions: Companies operating within RAKEZ Free Zone are exempt from corporate and personal income taxes, making it a tax-efficient location for business setup.
• State-of-the-Art Infrastructure: RAKEZ offers modern infrastructure and world-class facilities that can help businesses thrive and grow in a competitive market.
• Easy Company Setup Process: The process of setting up a company in RAKEZ Free Zone is streamlined and efficient, with dedicated support from the RAKEZ team every step of the way.

How to Set Up a Company in RAKEZ Free Zone

Company Setup in RAKEZ Free Zone is a straightforward process that can be completed in a few simple steps:

1. Choose Your Business Activity: Determine the type of business activity you wish to engage in and ensure it is permitted within the RAKEZ Free Zone.
2. Select Your License Type: Select the appropriate license type for your business, whether it’s a trade license, service license, or industrial license.
3. Choose Your Office Space: Decide on the type of office space you require, whether it’s a flexi desk, executive office, or warehouse.
4. Submit Your Application: Submit the required documents and application forms to the RAKEZ Free Zone authorities for review and approval.
5. Obtain Your License: Once your application is approved, you will receive your business license, allowing you to commence operations in RAKEZ Free Zone.

Types of Licenses in RAKEZ Free Zone

1. Commercial License: This type of license is suitable for businesses involved in trading activities, such as import/export, wholesale, and retail. It allows companies to carry out trading activities within the UAE and internationally.
2. Industrial License: Companies engaged in manufacturing or industrial activities can opt for an industrial license. This license allows businesses to set up manufacturing units, warehouses, and distribution centers within the RAKEZ Free Zone.
3. Services License: Service providers, such as consultancy firms, advertising agencies, and IT companies, can apply for a services license. This type of license enables businesses to offer services within the RAKEZ Free Zone.

Specialized Licenses

In addition to the main types of licenses, RAKEZ also offers specialized licenses for specific industries. These specialized licenses cater to businesses in sectors such as healthcare, education, media, and technology. By obtaining a specialized license, companies can benefit from industry-specific regulations and incentives.

Benefits of Each License Type

• Commercial License: Allows businesses to engage in trading activities both locally and internationally.
• Industrial License: Ideal for companies involved in manufacturing and industrial activities.
• Services License: Enables service providers to offer their services within the RAKEZ Free Zone.
• Specialized Licenses: Tailored for specific industries, offering sector-specific benefits and incentives.

Why Choose RAKEZ Free Zone for Your Business License?

RAKEZ Free Zone offers a plethora of benefits for entrepreneurs looking to obtain a business license in the UAE. Here are some compelling reasons to choose RAKEZ Free Zone for your business license:

• Strategic Location: Situated in the heart of the UAE, RAKEZ Free Zone provides easy access to major transportation hubs, enabling businesses to connect with global markets seamlessly.
• Cost-Effective Solutions: RAKEZ Free Zone offers competitive pricing for business licenses, making it an attractive option for startups and established companies alike.
• Streamlined Process: The process of obtaining a business license in RAKEZ Free Zone is efficient and straightforward, allowing entrepreneurs to kickstart their business activities without unnecessary delays.
• Wide Range of Facilities: From state-of-the-art office spaces to advanced manufacturing units, RAKEZ Free Zone provides a diverse range of facilities to meet the unique needs of businesses across various sectors.
• Business Support Services: RAKEZ Free Zone offers dedicated support services to assist entrepreneurs at every stage of their business journey, from inception to expansion.

How to Register Your Company in RAKEZ with Us

1. Initial Consultation: Our team of experts will conduct an initial consultation to understand your business requirements and objectives. We will guide you through the different types of licenses available in RAKEZ business setup and help you choose the one that best suits your needs.
2. Documentation: We will assist you in preparing and submitting all the necessary documentation required for company registration in RAKEZ. This includes preparing the memorandum and articles of association, obtaining initial approval from the free zone authority, and obtaining your trade license.
3. Visa Processing: If you require visas for yourself or your employees, we can assist with the visa processing and application process. RAKEZ offers a fast-track visa process, allowing you to get your visas issued on time.

In conclusion, setting up a company in RAKEZ Free Zone offers numerous advantages for businesses looking to establish a presence in the UAE. From tax exemptions to 100% foreign ownership, RAKEZ business setup provides a supportive environment for businesses to thrive and succeed. If you’re considering company setup in RAKEZ Free Zone, don’t hesitate to take advantage of this lucrative opportunity.

Connect with Neeja Corporate Services

Are you looking to start your company in Dubai but feeling overcome by the registration process? Don’t worry, you’re not alone. Setting up a business in a foreign country can be challenging, but with the right guidance and support, it doesn’t have to be a stressful experience. Neeja’s business setup services offer complete support and serve as a one-stop shop for company setup in Dubai Free zone. We provide a wide range of value-added services, such as company setup in RAKEZ Free Zone and VAT registration. Over the years, we have successfully advised many new entrepreneurs to make their business in UAE dreams a reality.

If you are ready to take the next step and register your company in RAKEZ free zone, contact us today. Our team of experts will guide you through the entire process, ensuring a seamless and hassle-free experience. With our expertise and experience, you can trust us to help you achieve your business goals in the UAE. To book a free consultation, call on +971 43243031. You can also send a WhatsApp message at +971 50 465 2843. To connect over email, send us your query at incorp@neejacs.com.

Related Articles