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Advantages and steps of establishing a company in Ras Al Khaimah Free Zone

Advantages and steps of establishing a company in Ras Al Khaimah Free Zone

Establishing a company in the Ras Al Khaimah Free Zone is a great gain for every investor, as Ras Al Khaimah is located at the northern tip of the Emirates with the mountainous borders of the Sultanate of Oman and is located between the Arabian Gulf in the west and the Hajar Mountains in the east. It is also 45 minutes away from the city of Dubai. It is characterized by flexibility of procedures for establishing A company in the Ras Al Khaimah Free Zone and great facilities for investors, complete tax exemption and the freedom to fully own the established company, in addition to a large number of advantages that we will discuss in the following lines.

Advantages of establishing a company in Ras Al Khaimah Free Zone

The Ras Al Khaimah Free Zone is considered a major attraction for investors and entrepreneurs to establish a company in the Ras Al Khaimah Free Zone, to benefit from the following advantages:

  • Full corporate and personal income tax exemption.
  • The full right to dispose of the profits and capital of the company.
  • The right to own the company 100%.
  • Tax exemption on imports.
  • Small fees for facilities.
  • Flexibility of necessary procedures.
  • Providing offices for rent.
  • Flexible and easy-to-implement laws and regulations.

 

Steps to establish a company in Ras Al Khaimah Free Zone

Steps to establish a company in the Ras Al Khaimah Free Zone: It is considered one of the easiest steps to establish a company and easier than establishing a company in Dubai itself due to the advantages that the free zone enjoys.

The company is registered as a free zone establishment or a company belonging to the free zone. The parent company can be outside the Emirates and is not required to be inside the Emirates. The following are the steps for establishing a company in the Ras Al Khaimah Free Zone:

  • Choose a realistic and actual headquarters for the company.
  • Choose a distinctive trade name for the company.
  • Obtaining a company license.
  • Initial approval to start work.
  • Commercial license registration.
  • Complete and obtain the commercial license requirements.

 

Experts in establishing a company in Ras Al Khaimah Free Zone

In our company, we have a group of experts to help investors and businessmen establish a company in the Ras Al Khaimah Free Zone:

  • We help establish and equip companies.
  • Providing fully furnished offices for rent.
  • Dealing with government agencies and paying fees.
  • Clear all papers and documents.
  • Registration of commercial licenses.

Contact us now to establish a company in the Ras Al Khaimah Free Zone in Dubai.

 

Frequently asked questions about the advantages and steps of establishing a company in the Ras Al Khaimah Free Zone

What are the main advantages of establishing a company in Ras Al Khaimah Free Zone?

Tax Savings: Companies in the free zone enjoy easy tax deductions or no taxes on profits. Full ownership: Foreign companies and investors can obtain 100% ownership of the company without the need for a local partner. Ease of entering the market: The free zone provides a business environment that encourages foreign investments and facilitates entry into the local and regional market.

What are the basic steps to establish a company in Ras Al Khaimah Free Zone?

Determine the type of company: You must choose the appropriate legal structure such as a limited liability company (LLC) or a limited liability company (FZ-LLC). Choosing and registering the company name: A unique name for the company must be selected and registered with the competent authorities in the free zone. Identification of shareholders and directors: The identity of shareholders and directors must be identified and the required documents must be submitted for their registration. Obtaining the necessary licenses: Some economic activities in the free zone may require obtaining certain licenses from the competent authorities. Signing contracts and agreements: Contracts and agreements related to establishing and managing the company are signed.

What additional services can be obtained in Ras Al Khaimah Free Zone?

Logistics support services: providing shipping, warehousing and distribution services. Legal and financial consulting services: Providing consultations in the legal and financial fields to help companies achieve their goals efficiently. Office and industrial space rental services: Providing a work environment equipped with the necessary infrastructure for companies.

What are the basic requirements for companies in Ras Al Khaimah Free Zone?

Submitting legal documents: Establishing a company requires submitting the required legal documents such as a passport, residence certificate, and commercial register. Paying the necessary fees: The process of establishing a company requires paying registration fees, licensing fees, and other related fees.