Rak Free Zone Company Setup (RAK FTZ)Rak Free Zone Company Setup (RAK FTZ)


The Ras Al Khaimah Free trade zone was established in 2000 and is a cost effective alternative free zone which is rapidly growing. Now the Free Trade Zone is having more than 8000 companies, but there are at least 50 different types of industries located inside of it. The region offers customized support for every investor who decides to setup a company here.

With access to several International Sea ports and to the International Airport, its strategic location is an incentive for investors wanting to find a cost-efficient place to invest. The Saqr Port is among the largest ports in the region.

Ras Al Khaimah Free Trade Zone Parks

The free zone is divided into four free parks so that the requirements of companies can be fulfilled:

Business Park

Located in the centre of Ras Al Khaimah's business district, it is for those clients who are having developed business centres. There are fully furnished and functional offices which can be leased at very flexible rates.

Industrial Park

It is specifically developed for heavy industries and warehouses, and it also has facilities to generate energy supply. Administrative Support Centres and Service Centres are available at the location and there is also accommodation for employees.

Technology Park

Dedicated to Automotive Manufacturing and light industries. It is also for those who are capital intensive lifestyles.

Academic Zone

This zone comprises of organisations seeking to provide education and academic programs to those living in Ras AL Khaimah and other UAE communities.

Trade Licenses in Ras Al Khaimah Free Zone

The following licenses are available

  • Consulting, Service & Real Estate License
    With this license, one can perform activities such as consulting in finance, investment, legal issues, management, labour relations, industrial development, economics, and other related matters. Logistical Support like restaurant and food outlets, travel agencies, social activities, insurance, accounting and auditing are some of the others things that you will be able to undertake with this license.
  • Commercial License
    This license allows you to perform various activities such as import, export, consolidation, warehousing, and others specified on the License.
  • Industrial License
    This allows the import of raw materials and further manufacturing, processing, assembling, packaging and exporting of the finished products. Companies require to be cleared from the RAZ FTZ, should have gone through feasibility and environmental impact studies.
  • General Trading License
    This is similar to the commercial license and one can obtain the clearance to perform activities such as export, import, distribution and warehousing.

Types of Companies that can be setup in Ras Al Khaimah

New Establishments

FZE - Sole business Owner

FZC - Owned 2-5 partners

Branches

Local Branch: This is a firm inside of the UAE. The parent company here should have existed for more than a year.

Foreign Branch: This is referring to a branch of a foreign company. The parent company should have also existed for more than a year.

Advantages of Free Zone Setup inside Raz Al Khaimah

  • Cost Effective
  • 100 % foreign ownership
  • 0 % Taxation
  • No restriction of foreign exchange transactions
  • Low cost of land
  • Strategic Location