RAK Free Zone Company Formation

Dubai Free Trade Zone (RAK FTZ) is one of the best emerging free zones in the Emirates which houses over 8000 companies across 50 industry sectors. Strategic location, excellent connectivity with the emerging markets, cost-effective entrepreneurial environment, ease of trans-shipment, and lucrative tax incentives are some of the reasons which make RAK free trade zones an ideal destination for company setup.

Mohammad Adil Malek Technical Services LLC has vast experience in availing business licenses for foreign investors, non-residents, and foreign companies from the RAK investment authority and helping them with hassle-free business setup in Dubai .

Type of Companies That Can be Registered in RAK Free Zones

Companies which are keen on RAK free zone business setup can get registered in any of the RAK free zones as either a new establishment or a branch office. RAK free zone authority permits following types of legal entities to set up business in RAK FTZ:

New Establishment:

• RAK Free Zone Establishment: sole business owner owned new business entity
• RAK Free Zone Company: new entity owned by 2 to 5 business partners

Branch Office

It mandates that the parent company or the subsidiary company should be in existence for more than a year.

• RAK FTZ Local Branch: branch of a domestic firm residing in UAE
• RAK FTZ Foreign Branch: branch of a foreign firm residing outside UAE

Business Licenses Required for RAK Free Zone Company Setup

RAK free zone company formation requires companies to avail any of the following trade licenses:

• RAK FTZ Consulting & Service License – This RAK free zone license allows one to perform activities like freight forwarding, marketing, consulting, industrial development, accounting, social welfare, insurance, opening food outlets or catering, providing logistical support, etc.
• RAK FTZ Commercial License – This license allows companies to perform activities like goods or product consolidation, storage or warehousing, import, export, and distribution.
• RAK FTZ Industrial License – After getting the clearance from RAK FTZ Feasibility and environmental impact studies, this license allows companies to import & process raw materials, manufacture, assemble, package, and export finished products.