Ras Al Khaimah
Ras Al Khaimah Free Zone
Established in 2000, RAK Free Zone is home to 8000+ businesses originating from 100+ countries across the world. The companies registered in the RAK Free Zone are engaged in more than 50 types of businesses. RAK Free Zone is able to attract a vast number of investors due to its low cost of living and lower business expenses and costs, which result into more profits for the businesses. Moreover, RAK Free Zone is situated in close proximity to Dubai.
Advantages of company formation in RAK Free Zone
100% tax exemptions on operations
Complete company ownership
Local sponsor is not required
Discreet in terms of information on taxes
Fast track company registration process (provided that all documents have been submitted)
Annual audit is not required
Types of Licenses:
Industrial License: Issued to foreign/UAE companies/Free Zone Entities that wish to carry out production of goods in the Free Zone.
Commercial License: Authorizes import, export, distribution and storing activities as specified in the license.
Professional Service License: For companies providing professional services in the Free Zone.
General Trading License: Allows trade in any commodity permitted within the U.A.E. (excluding tobacco, alcohol, pharmaceuticals and crude oil). This is the most popular trading license for international traders due to its wide coverage.
Permitted Legal Entities in RAK Free Zone
Free Zone Establishment (FZE)
1 shareholder
Regulated by Free Zone Authority
100% ownership by individual or corporate body
Minimum capital: ~US $50,000
Limited liability to share capital amount
Required Documents
Proposal of 5 names
Passport copy (valid 6+ months)
Visa documentation (entry/residence/cancelled)
10 passport photos (white background)
Sponsor’s No Objection Letter
Business plan (2 pages for professional/e-commerce; 1 paragraph for trading)
Application Form
Free Zone Company (FZC)
2-4 shareholders
Separate legal identity
Liability limited to paid-up capital
Required Documents
1 shareholder
Regulated by Free Zone Authority
100% ownership by individual or corporate body
Minimum capital: ~US $50,000
Limited liability to share capital amount
Branch of a Foreign Company (BFC)
For companies registered outside UAE
100% foreign ownership required
Sales must go through UAE-registered agent/distributor
Branch of a UAE Company (BLC)
or companies holding valid UAE licenses (excluding other Free Zones)
Parent company must be active for 1+ year
Documents required
A copy of the passport of the representative or manager of the company, valid for at least 6 months.
Copy of Entry visa stamp (or) entry visa copy (or) residence visa copy (or) cancelled visa documentation (whichever is applicable).
8 colour passport size photographs of the applicant with white in the background
Registration Certificate issued by the competent authority of the country where the company is originally registered.
A copy of the contract of association of the company
A copy of the resolution issued by the competent authority permitting the company to carry out activities in the Free Zone
Copy of a duly attested Power of Attorney (PoA), appointing a representative or a manager.
A 2-page synopsis of the business plan for professional or e-commerce license or 1 paragraph describing the nature of the business it is involved in commercial trading or general trading.
Application Form
Required Documents:
Representative’s passport copy
Visa documentation
10 passport photos
Original trade license
Chamber of Commerce certificate
Commercial registration
Business plan/description
Application form