The best advantages the UAE, RAK can offer you
An excellent Middle East option for international trade.
No currency restrictions
100% repatriation of capital and profits
Exclusion from import and export duties
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Setting up your business in UAE, RAK – Free Zone
The benefits of setting up your business in Ras Al Khaimah (RAK) – UAE Free Zone
No currency restrictions.
100% ownership for investors regardless of their nationality and domicile.
Such FTZ are created by the government for the implementation of the extensive or only a certain type of business activity. This can be, for example, production activities, trading activities, sales and purchases of jewelry or carrying on business in the sphere of high technologies, etc. Almost every free trade zone provides the option of setting up a company, which can carry out export or import trade operations.
Restrictions affect companies related to the provision of the services directly in the territory of the UAE – tourism, transport and etc. You need to register a local company in order to carry out this kind of activity in UAE.
It should be understood that each company, for carrying out its activities, must obtain the appropriate license.
Registration of the offshore companies is also applicable on the territory of some administrative units of the United Arab Emirates. For such companies there are restrictions in terms of carrying on business within the country. However, they are allowed to act as the holders of the local companies and to purchase real estate within the country, and also to carry on almost any business outside the UAE. These companies are also characterized favorably by the price of registration and renewal and by the absence of requirement on financial the reporting.