Ras Al Khaimah Economic Zone RAKEZ Business Setup

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rakez business setup

Here we will tell you how to do Ras Al Khaimah Economic Zone RAKEZ Business Setup

Ras Al Khaimah was created to manage and re-enact the Specialist parks and customers both Ras Al Khaimah’s Free Trade Zone (RAK FTZ) and the RAK’s Investment Authority (RAKIA), with its center Ras Al Khaimah and its vision of His Highness Sheik Saud Bin St. Saqr Al Qasimi, United Arab Emirates Supreme Council member and ruler Ras Al Khaimah.

RAKEZ links buyers in a strategic position to rising markets in the Middle East, North Africa, Europe, and South and Central Asia.

By delivering a cost-efficient and world-class economic area with customized goods and services and state of the art facilities, RAKEZ is committed to its mission to inspire consumers and investors.

RAKEZ company benefits:

Quickly and conveniently recorded.
Ownership of 100% international.
Provides 100% revenue and deduction from corporation tax.
Capital repatriation returns 100 percent.
Fast process for issuing UAE visas and residences.
Fewer material constraints.
The new technology is accessible. Accessible.
No limits on currencies.
Customs roles are null.
Outstanding availability of airports and seaports.
Laws and rules clear.
Offices and recycling centers fitted.
It provides a wide range of assets to satisfy person startup criteria.

Training in RAKEZ Company:

Local Company’s Office.
International Business Directorate.
The entity of 2-5 owners, Free Zone Corporation (FZC).
Creation of a free zone (FZE) – one-shareholder body.

Form of RACK Business Licenses:

General Trade License: Enables businesses to stock, sell and import all products in compliance with RAKEZ laws and regulations
Business Exchange License: Allows for exchange in the goods provided for in the RAKEZ Business Setup license
Service License: requires the licensed corporation to conduct services such as legal counselors, attorneys, and accounting companies.
Industrial License enables the importation of the raw materials, manufactures, assembles, exports, and ships the finished products to every country.

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