RAK Company Formations Boosted by RAKEZ

RAK Company Formations Boosted by Launch of RAKEZ

June, 2017

The government of Ras Al Khaimah (RAK) has proudly launched the Ras Al Khaimah Economic Zone (RAKEZ) which is the new authority that regulates and manages RAK’s free zones.

The two merged free zones that are now under the RAKEZ umbrella are RAK Investment Authority (RAKIA) and the RAK Free Trade Zone (RAK FTZ).

RAKEZ was launched in order to offer an even more cost-effective economic zone to investors and entrepreneurs with attractive business packages, state-of-the-art facilities and world-class services.

This move means an even higher amount of interest from foreign investors and entrepreneurs wanting to set up their businesses in RAK’s free zones.

We can Help you Set Up and Run Your Company Smoothly and Successfully – Click Here for your RAK Company Formation

Without a doubt, the creation of RAKEZ strongly supports the government of RAK’s economic and investment strategy.

RAK is the prime destination for global businesses and global investors to register their companies and reap RAK’s world-class benefits while enjoying the wonderful business opportunities that this destination has to offer.

Click Here if you are Interested in RAK Company Formation Procedures and Fees

Enjoy the Benefits of a RAK Company

Some of the significant trade and financial benefits of a RAK company formation are listed below:

Zero taxes
100% foreign ownership of free zone entities
100% repatriation of profits
0% import and excise duties
Choice of free zone and non-free zone company formation, depending on the client’s requirements
Wide range of business licenses with wide range of permitted activities
Fast and simple company setup processes
Low cost of setup and running costs
Wide range of first class services via a one-stop shop
Access to wide range of international firms
Connections to unlimited business opportunities of growing markets of the Middle East, European countries, North Africa and Asia
Diverse range of commercial and industrial facilities
Access to superb logistical infrastructure
Access to talented staff and simple recruitment procedures
Ability to construct own staff and labour accommodation
Interactive customer portal

How FBS Kotsomitis Can Help You

The FBS Kotsomitis team of highly experienced professionals are here to assist you with registering and operating your RAK company.

We are fully licensed and experienced UAE company formation and corporate service providers. We are part of an international professional network – Click Here for our profile.

We are here to assist you with selecting the ideal type of company and business license in the ideal location in the UAE. We are here to handle the hassle involved in forming your company for you so that you will only spend a few hours of your time.

We have an in-house multilingual, highly qualified team of professionals who can provide you with in-depth UAE market knowledge.

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Once your company is up and running we support and guide you to ensure its smooth operation. We provide services such as accounting, Tax, VAT, bookkeeping, banking, Visa services …… to name but a few…

…. to help you run your company successfully…..

We Serve Our Clients from Start to Finish of Setting Up and Running UAE, Dubai and RAK Companies – Contact Us

A RAK Company in 5 Simple Steps

You are only 5 simple steps away from forming and running your RAK Company:

Step One – Contact FBS Kotsomitis – Click Here

Step Two – Select the right type of company for your business needs – Click Here

Step Three – Start the RAK Company Formation process – Click Here

Step Four – Choose the right bank for your needs and open a corporate and personal account – Click Here

Step Five – Start running your company, together with our guidance and support – Click Here

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A Few Words on RAK

RAK has become known as one of the UAE’s most lucrative business hubs. Many believe that RAK is set for even higher economic growth in the coming years. A higher number of investors than ever are considering a RAK company formation.

RAK, considered by many to be the most beautiful of the seven Emirates, is a popular destination for investors, who are attracted to its cost-effective, unique environment, to relocate and set up companies.

RAKEZ – All You Need to Know

RAKEZ was launched to streamline the activities and simplify the procedures of the two leading free zones, RAK Investment Authority and RAK Free Trade Zone and improve the provision of services and facilities to clients. RAKEZ has consolidated and now oversees RAK’s specialized zones and the clients of the two free zones. RAKIA and RAK FTZ have merged their boards and their management teams and have combined their administrative functions.

RAKEZ is now one of the region’s biggest economic zones and it proudly houses over 13,000 companies from over 100 countries in over 50 industry sectors.

RAKEZ offers existing clients as well as future investors and entrepreneurs an extremely attractive platform from which to take advantage of unlimited business opportunities.

Contact FBS Kotsomitis to Set Up Your RAK Company Now

RAKEZ Company Formation Types and Licenses
*Question*	*Answer*
What are the RAKEZ 5 Specialized Zones?	RAKEZ Business Zone – for trading, service and consultancy activities Al Hamra Industrial Zone – for manufacturing, trading, assembly, industrial projects and logistics activities Al Ghail Industrial Zone – for manufacturing, trading, assembly, industrial projects and logistics activities Al Hulaila Industrial Zone – for manufacturing, trading, assembly, industrial projects and logistics activities RAKEZ Academic Zone – for universities, schools, educational institutes, academic services and consultancy
What type of company can I set up in RAKEZ?	RAKEZ Free Zone Company: Free Zone Limited Liability Establishment (FZE) – with a sole owner Free Zone Limited Liability Company (FZ-LLC) – with 2-5 shareholders RAKEZ Non-Free Zone Company: Individual Establishment – with a sole owner Limited Liability Company (LLC) – with 2 or more shareholders RAKEZ Branch: Branch of a UAE-based company – including companies set up in other UAE free zones Branch of a foreign company – located outside the UAE Contact Us to Set Up Your RAK Company Now
What Business Licenses are available at RAKEZ?	Commercial – for trading of goods and services (Free Zone and non-Free Zone Entities) Educational – for education-related institutions or consultancy companies (Free Zone Entity) E-Commerce – for trading of goods and services via electronic channels (Free Zone Entity) General Trading – for trading of different types of products (Free Zone Entity) Individual / Professional – sole owner with one activity in a specific field (Free Zone Entity) Industrial – for manufacturing, importing, exporting and packaging of products (Free Zone and non-Free Zone Entity) Media – for media-related activities (Free Zone Entity) Professional – for the provision of professional services by individuals (Non-Free Zone Entity) Services – for the provision of services or consultancy in all industries (Free Zone Entity) Tourism – for activities related to tourism (Non-Free Zone Entity)