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Why Setup a Company in Ras Al Khaimah?

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Why setup a company in Ras Al Khaimah

Did you know that Ras Al Khaimah Freezone launched its businesswomen package, a first-of-its-kind in the UAE designed exclusively for women? It is a comprehensive package limited to women who are passionate about setting up a business in Ras Al Khaimah Freezone.

As per a media report, the package announced on Emirati Women’s Day offers lowest business setup cost that includes a free zone licence, a shared workstation and various support services. The package can be opted between 1-year or 3-year to make it easier for businesswomen who want to set up a company in RAK. 

The report also stated that the value-added services such as free usage of RAKEZ shared workstations, free printing of business cards, priority tokens at Ras Al Khaimah Freezone service centres and eligibility for a UAE residence visa will be given to the women entrepreneurs in the UAE. Also, the package gives businesswomen eight free zone licence types to choose from – Commercial, Educational, E-Commerce, General Trading, Individual/Professional, Media, Service and Freelancer Permit.

But this is not the only reason that makes setting up a company in Ras Al Khaimah Freezone so favourable. Here are the various motivations that make male and female entrepreneurs setup companies in RAK Freezone.

Benefits of offshore company formation in RAK 

Business Opportunities for SME’s & Large-Scale

Ras Al Khaimah Freezone caters SME’s as well as large-scale sectors as the freezone is divided into three parts – 

  • land on lease that can be developed as per your business demands, 
  • pre-built warehouses effective for storage and goods handling, 
  • pre-built executive office and business centre facilities. 

The segregation creates progressiveness and synchronization among the thousands of companies situated in the region. Most recent, the Ras Al Khaimah Freezone also lines on educational sectors opening the market eclectic for variability.

Diversification Company Setups

With the aim of upgradation, the RAK Freezone has been focusing on a diversified setup. Traditional catering industrial manufacturing to support trading, sales and marketing activities – the RAK Freezone now cater various sectors. Ras Al Khaimah Freezone has involved itself into several service sectors, as well as logistics and distribution platforms. 

Geographical benefits

The global factors backing Ras Al Khaimah gives easy access to the business opportunities in the regions such as the Middle East, Africa and Asia. There more than one geographical benefit, for a business setup in Ras Al Khaimah Freezone. Firstly, the RAK Freezone is situated on the closest propinquity of the Arab Regions, Africa and Asia dominating the southern region. Secondly, the geographical setup within the free zone segregating sectors also creates an ease in company formation in UAE RAK.

A Commercial Hub

Ras Al Khaimah Freezone is a bustling trading and commercial hub. Less than an hour away from Dubai – the commercial capital of UAE RAK Freezone offers business opportunities and provides the most feasible options. RAK Freezone is becoming a preferred investment destination mainly because of the jurisdictional and regional suitability.

Lesser Investment

You can start a company with less investment and at a lower company setup cost. Ras Al Khaimah Freezone offers world class business setup amenities. Start a company in Ras Al Khaimah Freezone at an affordable price with top-notch executive offices and business centre, warehouses, storage facilities etc. Also, reasonable leasing options for lands are available. 

Prominent & Emerging Freezone

Ras Al Khaimah Freezone was awarded as the “Best Emerging Freezone”, two-years consecutively in a row.  Since its inception, which is less than 10 years the region has expansively grown on the grounds of inspiring innovation, exceeding expectations, technological development and contributing towards the social responsibility and the economy of the country. 

Investment Perks:  

Ras Al Khaimah Freezone gives liberty with 100 percent ownership of the company, freedom from taxation be it personal or business, independence from customs duty, ideal business solutions. RAK Freezone also provides potential business prospects be it manufacturing firm or a marketing office.

To distinguish RAK Freezone company setup cost, understand the procedure of RAK Freezone company registration or to know what kind of Ras Al Khaimah Freezone Setup you can opt for speak to an expert from Shuraa Business Setup.