December 1, 2022

RAKEZ – The Authority That Oversees The RAKEZ Free Trade Zone And RAK Investment Authority

RAKEZ - The Authority That Oversees The RAKEZ Free Trade Zone And RAK Investment Authority

 

RAKEZ, the authority in Ras Al Khaimah, United Arab Emirates, oversees the RAKEZ Free Zone and RAK Investment Authority. As one of the world’s leading business destinations, RAK provides a favorable environment for businesses to start and grow. The free zone has many benefits for entrepreneurs, including a competitive tax rate and easy access to local markets.

Business setup in Ras Al Khaimah

In Ras Al Khaimah, United Arab Emirates, there is a regulatory authority called RAKEZ. This organization oversees the RAK Free Trade Zone and the RAK investment authority. If you are interested in setting up a business in this city, you should contact RAKEZ to discuss the necessary business licensing and permits.

Getting a business license in RAK is relatively easy and hassle-free. But it would help if you remembered that completing the process with the proper documents and procedures is important. This is why seeking professional help is essential if you’re planning to start a business in RAK.

Business licenses

Registering your business in the Rakez free trade zone has many benefits. You can operate your business from anywhere worldwide and repatriate 100% of your profits and capital. Additionally, no corporate or personal taxes and state-of-the-art infrastructure make it easy to start a business and expand in RAKEZ. You can also choose from a variety of corporate set-up options.

Flexi infrastructure

The flexibility of Flexi infrastructure is a boon for SMEs, as it offers several advantages over traditional office space. The office space is usually flexible and can be adjusted to accommodate client needs. This business space is particularly beneficial for freelancers, e-commerce platforms, and companies with fewer employees. It can be rented for a short period and is VAT exempt.

The free zone provides businesses with a wide range of flexible facilities and services. The facilities cater to various sectors, including services, industrial projects, trading, logistics, academic consultancy services, and media firms. The company also supports foreign investors through its extensive network of offices. These include UAE, India, and Turkey offices.

There are many benefits of obtaining a warehouse space in RAKEZ, including competitive leasing rates, convenient location, and state-of-the-art facilities. Warehouse space in RAKEZ is available for all types of businesses, from small to large-sized businesses. Its features include climate control, heat-insulated doors and roofs, and suitable loading/unloading areas. In addition, it has onsite labor accommodations.