- July 22, 2020
- Posted by: DBS Editorial Team
- Category: Start a business in RAK Freezone
Advantages of setting up business in RAK Free Zone
Setting up business in RAK free zone or Ras Al Khaimah free zone enables entrepreneurs to efficiently grow profitable companies in the UAE. Ras Al Khaimah free trade zone also known as RAK free trade zone is located an hour drive away from the UAE’s commercial capital – Dubai.
Currently, the region houses thousands of companies from around 100 countries in 50 different industries. The RAK free zone business setup offers benefits on taxation allowing 100 percent foreign owned company with other business-friendly incentives.
The terrestrial factors of RAK free trade zone give easy access to the business opportunities in the wider Middle East, Africa and Asia.
Setting up business in RAK free trade is a possibility for SME’s as well as large-scale sectors as the region is divided into four parts –
- Lease a land and develop the business as per your demands
- Rent a pre-built warehouse ideal for storage and handling goods
- Rent a pre-built executive office to fulfil your business setup
- Make use of shared space through business centre facilities
The segregation creates progressiveness and harmonizes company setups in the region. The RAK free trade zone has an opening for wide-ranging businesses and is not category specific. The aim is to upgrade and diversify starting a business in RAK free zones. From industrial manufacturing units to trading, sales and marketing activities – at Ras Al Khaimah free zone setting up any type of company is possible!
This is one of the biggest plus-point of business setup in RAK free zone. However, the jurisdiction has so much more to offer.
Let’s check out the various advantageous on setting up a business in RAK Free Zone:
There more than one geographical advantage for companies in Ras Al Khaimah free trade zone. Firstly, the RAK free zone is situated on the closest propinquity of the Arab Regions, the Africa and Asia dominating the southern region. Secondly, the geographical setup within the free zone segregating sectors also creates an easy structure for company setup.
Closer to The Commercial Hub:
It may seem like the RAK free zone is at a cornerstone, but at less than an hour away from Dubai – the commercial capital of the UAE. This offers best business opportunities to companies in RAK, as it the closest Emirate of all. RAK free zone is becoming a preferred investment destination mainly because of this!
Lesser Investment Cost:
Ras Al Khaimah free trade zone, bids on world-class business setup amenities ensuring top-notch executive office and business centre, warehouses, storage facilities and more at the most competitive price. Also, affordable leasing options for lands are available.
Best Emerging Free zone:
RAK free zone was awarded as the “Best Emerging Free zone”, 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 expectation, technological development and contributing towards the social responsibility and the economy of the country.
Ras Al Khaimah free trade zone 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 Free Zone also provides potential business prospects be it manufacturing firm or a marketing office.
Speak to an expert to know more about RAK Free Zone:
Understand the procedures of RAK free zone company registration or find affordable to setup with DBS Business Setup. Know what kind of RAK free zone company setup you must opt for? Or what are the RAK free zone license costs? Contact DSB Business Setup today!
DSB Business Setup is one of the best business setup consultancy service providers in the UAE. We guide entrepreneurs with incorporation procedures, analyse businesses and deliver setup solutions.
Book a free consultation with our experts. Call us on +97145667485, WhatsApp +971555813673 or simply visit www.dubaibusinessservices.com to chat with us.