Set up your business in the United Arab Emirates, RAK
An excellent Middle East option for international trade.
No currency restrictions
100% repatriation of capital and profits
Exclusion from import and export duties
Why register your company with us?
We make incorporating a company as easy as possible, so you can focus on the important things.
We have a full suite of startup services, like banking, bookkeeping and tax planning consultancy, which means Eurofinanzza not only helps you get started, but supports you in your continued success as your one-stop shop.
Tell us about your
We’ve taken the complexity out of forming your business company. Our online form can be completed in less than 10 minutes.
We take care of the
Based on the information you provide, we prepare all required documents and file them directly to the appropriate entity.
Once your incorporation documents have been approved by the state, you’ll receive your completed company package by email.
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How to incorporate your business company in UAE, RAK
Ras Al Khaimah (RAK) – Free Trade Zone
UAE Free Zones are special economic zones set up with the objective of offering tax free, and free customs duty benefits to expatriate investors.
Free Zones in Dubai and the UAE are governed pursuant to a special framework of rules and regulations applicable to concerned free zone, managed and operated by free zone authority.
A Free Zone Authority offers business licenses to foreign-owned businesses. Each Free Zone is designed around one or more business industry categories and only offers licenses (e.g. for a Free Zone Enterprise (FZE)), to companies within those categories. Most of the free zones in Dubai broadly offer trading, service, industrial, national industrial, and branch licenses to investors looking to set up their businesses.
Ras Al Khaimah is part of the United Arab Emirates, a constitutional federation of seven emirates located along the south eastern tip of the Arabian Peninsula. Qatar lies to the west, Saudi Arabia to the south and west and Oman to the north and east. The Federation was formally established in 1971.
Type of Law
Business set up in UAE
Basically, there are no taxes in UAE
Key Corporate Features
- Type of Company – Limited by shares
- Political Stability – Excellent
- Common or Civil Law – Federal / Sharia
- Disclosure of Beneficial Owner – No
- Migration of Domicile Permitted – No
- Corporate Taxation – Nil
- Language of Name – English or Arabic
- Minimum Number of Shareholders / Members – One
- Minimum Number of Directors / Managers – One
- Corporate Directors / Managers Permitted – Yes
- Usual Authorised Capital – Dhs 1,000 (minimum)
- Minimum paid up – Fully paid
- Registered Office/Agent – Yes
- Local Partner (UAE National or Company owned by UAE National) – No
- Local Directors – No
- Local Meetings – No
- Government Register of Directors / Managers – Yes
- Government Register of Shareholders / Members – Yes
- Annual Return – Yes
- Submit Accounts – Yes
Recurring Government Costs
- Minimum Annual Tax / License Fee – AED 4,000
RAK Free Zone
The Ras Al Khaimah International Airport was opened in 1976 and is 18km south of the city center. Since incorporation less than 4 years ago, Ras Al Khaimah Free Trade Zone Authority has licensed more than 410 companies from 33 different countries, and this figure is rapidly increasing.
As the youngest of all of the Free Zones in the UAE, Ras Al Khaimah Free Trade Zone has built its international reputation and infrastructure only after careful research, planning and development, resulting in the introduction of a unique, ambitious 3 Park concept that did not exist previously in the UAE or even within the region, and the provision of premier business facilities for RAK FTZ investors within other Emirates.
As more and more Free Zones appear in the UAE and throughout the region, Ras Al Khaimah Free Trade Zone will continue with its policy of sourcing and attracting environmentally friendly, quality investors in the Service, Manufacturing and Industrial sectors, with high emphasis placed on attracting investors from the Technology industry. RAK FTZ investors can expect an easy and rapid licensing procedure every step of the way, and every investor is sure of an ongoing, unrivalled marketing support service.
All the three Parks are undergoing major expansion on a regular basis. The next few years will bring targeted expansion and development within RAK FTZ, supporting individual investor needs within each of the 3 Parks. The further development of superior business facilities in other Emirates will be done. It will ensure that RAK FTZ investors are presented with a total marketing solution and everything they will ever need to succeed in business with Ras Al Khaimah Free Trade Zone.
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