RAK Investment Authority Free Zone Business Setup
RAK Investment Authority Free Zone Business Setup advantages and key features:
There are several reasons to invest in Ras Al Khaimah. Below are the major benefits and key features-
• It is free from corporate and individual taxes.
• It is free from custom duties on import and export.
• It allows complete ownership.
• It allows complete repatriation of capital and profits.
• It is free from all the foreign exchange controls and barriers on trade.
• It supports hassle-free and smooth procedures.
• It is free from all the exemptions on taxes related to commercial fees on import and export.
• It has a business growing and friendly environment.
Types of business units:
There are three types of business units under RAK investment authority. They are-
a. Free Zone in RAK.
b. Mainland Company in RAK.
c. Offshore Company in RAK.
• Professional License
• Commercial License
II. Public Shareholding Company
III. Free Zone Company
IV. Private Shareholding Company
V. Free Zone Establishment and more.
Business Setup HQ is a consultation firm that helps setup businesses in UAE. From small scale businesses to large, we aim to provide full support as a consultancy firm. If you are willing to setup a business anywhere in UAE, feel free to contact us.