Ras Al Khaimah Free Trade Zone (RAK FTZ)
Only 1 hour from Dubai by car, Ras Al Khaimah is fast growing and one of the most cost-effective free trade zones in the UAE.
Established in the year 2000, Ras Al Khaimah Free Trade Zone (RAK FTZ) is the investment destination of choice for more than 9,000 companies from over 100 countries, representing more than 50 industry sectors.
RAK FTZ has four Free Zone parks in Ras Al Khaimah – a Business Park for office clients, an Industrial Park for heavy manufacturing, a Technology Park for trading and light manufacturing, and an Academic Zone for educational institutions.
Corporate Features
Company Formation Type
- Free Zone Establishment (FZE) – an entity with a sole owner
- Free Zone Company (FZCO) – an entity owned by 2 to 5 partners
- Branch of a Foreign Company
- Branch of a UAE Residing Company
Types of Licenses
- Commercial License
- Service/Consultancy License
- Industrial License
- Educational License
Licensing Authority
Ras Al Khaimah Free Trade Zone Authority
Legislation
Ras Al Khaimah Free Trade Zone Authority
Confidentiality
Complete Confidentiality
Accounts and Audits
Audited Accounts are required
Minimum Share Capital
- Branch of a Foreign Company – No Minimum Share Capital required
- Free Zone Establishment (FZE) – 100,000AED Minimum Share Capital
- Free Zone Company (FZC) -100,000AED Minimum Share Capital
Taxation
No taxes
Currency
Time to Form
Issuance of Visa
5 working days
Foreign Ownership
100%
Capital Repatriation
100%
Minimum Number of Directors
Minimum of One Director