Ras Al Khaimah FreeZone

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Introduction

Ras Al Khaimah Free Trade Zone (RAK FTZ) is a free trade zone located in the emirate of Ras Al Khaimah in the United Arab Emirates (UAE). It was established in 2000 and has since become one of the fastest-growing free zones in the UAE, with over 8,000 companies from more than 100 countries operating there.

RAK FTZ offers a range of business solutions and services, including company formation, licensing, visa processing, and leasing of office space, warehouses, and industrial facilities. The free zone is known for its competitive cost structure, streamlined business processes, and excellent infrastructure, including access to seaports, airports, and major highways.

The free zone also offers a range of industry-specific zones, including the RAKIA Industrial Park, RAKIA Business Park, and RAK Maritime City, which cater to manufacturing, trading, and logistics businesses. RAK FTZ is also home to several specialized clusters, including the RAK Aviation Cluster and RAK Media City, which offer unique benefits and incentives for companies operating in these sectors.

Overall, RAK FTZ provides an attractive business environment for both local and international companies looking to establish a presence in the UAE and the broader Middle East region.

Start your business in Ras Al Khaimah FreeZone:

Starting a business in Ras Al Khaimah Free Trade Zone (RAK FTZ) can be a straightforward process, with a few key steps to follow:

Choose your business activity: Before setting up your company in RAK FTZ, you need to determine the type of business activity you want to conduct and make sure it is permitted in the free zone.
Choose a company type: RAK FTZ offers several types of company structures, including free zone establishment (FZE), free zone company (FZC), and branch office. Each structure has its own requirements and benefits, so it’s important to choose the right one for your business.
Register your company: Once you have chosen your business activity and company type, you can register your company with RAK FTZ. This typically involves submitting an application, providing supporting documents, and paying the relevant fees.
Apply for a license: After your company is registered, you need to apply for a license to operate in RAK FTZ. The free zone offers various types of licenses, depending on the nature of your business activity.
Lease office space: To operate your business in RAK FTZ, you need to lease office space or industrial facilities. RAK FTZ offers a range of options, including flexi-desk, executive office, and warehouse spaces.
Obtain visas: If you plan to employ staff, you need to obtain visas for them to live and work in the UAE. RAK FTZ can assist with the visa application process.

Overall, setting up a business in RAK FTZ can be a relatively quick and straightforward process, with the free zone offering a range of services and support to help businesses get started.

FAQ

What is RAK FTZ? RAK FTZ is a free trade zone located in the emirate of Ras Al Khaimah in the UAE. It offers a range of business solutions and services, including company formation, licensing, visa processing, and leasing of office space, warehouses, and industrial facilities.

What are the benefits of setting up a business in RAK FTZ? Some benefits of setting up a business in RAK FTZ include tax exemptions, 100% foreign ownership, simplified company registration process, and access to excellent infrastructure.
What types of businesses can be set up in RAK FTZ? RAK FTZ is open to a wide range of business activities, including manufacturing, trading, logistics, and service sectors.
What types of company structures are available in RAK FTZ? RAK FTZ offers several types of company structures, including free zone establishment (FZE), free zone company (FZC), and branch office.
What are the requirements for setting up a business in RAK FTZ? The specific requirements depend on the type of business activity and company structure, but in general, you need to provide relevant documents, such as passport copies, bank references, and business plans.

What is the process of setting up a business in RAK FTZ? The process typically involves choosing a business activity and company structure, registering the company, obtaining a license, leasing office space, and obtaining visas (if applicable).
Can non-residents set up a business in RAK FTZ? Yes, non-residents can set up a business in RAK FTZ. The free zone allows 100% foreign ownership.
What industries are present in RAK FTZ? RAK FTZ has a diverse range of industries, including manufacturing, trading, logistics, and service sectors. The free zone also offers specialized clusters, such as the RAK Aviation Cluster and RAK Media City.
Is there a minimum capital requirement to set up a business in RAK FTZ? No, there is no minimum capital requirement to set up a business in RAK FTZ.
What is the cost of setting up a business in RAK FTZ? The cost depends on several factors, such as the type of business activity, company structure, and office space requirements. RAK FTZ offers competitive pricing for its services and facilities.