If you’re looking for a hassle-free and efficient visa process for your business setup in the UAE, RAK Free Zone is the ideal choice for you. As a leading business setup and consultancy service provider in Dubai, DBS Business Setup recognizes the importance of a smooth and streamlined visa application process. With our extensive expertise and experience in the field, we ensure that your visa process is handled with utmost professionalism and efficiency. From business registration to pro services and obtaining government approvals, our services cover every aspect of the visa process, allowing you to focus on what’s truly important – growing your business. With RAK Free Zone, you can trust that your visa process will be handled in a timely and efficient manner, making it the preferred choice for businesses in the UAE.

Benefits of RAK Free Zone

RAK Free Zone, located in Ras Al Khaimah, offers several advantages for businesses looking to establish a presence in the United Arab Emirates. Some of the key benefits include tax advantages, 100% foreign ownership, no currency restrictions, no corporate or personal income tax, and a simple visa process.

Tax Advantages

One of the major benefits of setting up a business in RAK Free Zone is the favorable tax environment. Companies operating in the free zone are exempt from corporate and personal income taxes, providing significant cost savings. This makes RAK Free Zone an attractive option for businesses looking to minimize their tax liabilities.

100% Foreign Ownership

Unlike some other jurisdictions in the UAE, RAK Free Zone allows for 100% foreign ownership of businesses. This means that international investors can have full control over their operations without the need for local sponsors or partners. The ability to retain complete ownership provides businesses with greater flexibility and control over their operations.

No Currency Restrictions

RAK Free Zone also offers the advantage of no currency restrictions. This means that businesses can freely repatriate their profits and capital without any limitations or restrictions. The absence of currency controls provides businesses with greater financial flexibility and ease of doing business internationally.

No Corporate or Personal Income Tax

In addition to the tax advantages mentioned earlier, RAK Free Zone also does not levy corporate or personal income tax on businesses and individuals operating within its jurisdiction. This favorable tax regime contributes to the overall cost-effectiveness of establishing a business in RAK Free Zone.

Simple Visa Process

RAK Free Zone has a streamlined visa process, making it easier for individuals and companies to obtain the necessary visas for their employees or themselves. The free zone offers various types of visas, including employment visas, investor visas, dependant visas, and freelancer visas, catering to different business and individual needs.

Visa Process in RAK Free Zone

If you are considering setting up a business in RAK Free Zone, it is important to understand the visa process. The visa process includes eligibility criteria, types of visas available, required documents, the application process, and the timeline for visa processing.

Eligibility Criteria

The eligibility criteria for obtaining a visa in RAK Free Zone differ for individuals and companies. For individuals, they must have a valid reason for residing in the UAE and meet the specific requirements for the type of visa they are applying for. For companies, they must be registered and operating within RAK Free Zone or have a valid business license from the free zone.

Types of Visas Available

RAK Free Zone offers various types of visas to cater to the different needs of individuals and businesses. These include employment visas for employees working in RAK Free Zone, investor visas for business owners, dependant visas for family members, and freelancer visas for self-employed individuals. Each visa type has its own specific requirements and benefits.

Required Documents

To apply for a visa in RAK Free Zone, certain documents are required. These typically include a copy of the applicant’s passport, passport-sized photographs, proof of company formation or business license, bank statements, health insurance, and a completed application form. The specific documents may vary depending on the type of visa being applied for.

Application Process

Once all the required documents are gathered, the application process can begin. This usually involves submitting the documents to the relevant authorities, paying the necessary visa fees, undergoing a medical examination, obtaining an entry permit, registering for an Emirates ID, and finally, having the visa stamped in the passport. The application process may vary in terms of specific steps and requirements.

Timeline for Visa Processing

The timeline for visa processing in RAK Free Zone can vary depending on various factors such as the type of visa, the efficiency of document submission, and the workload of the relevant authorities. However, as a general guide, the processing time for an entry permit is typically around one to two weeks, followed by a medical examination which can take a few days to a week. The issuance of the visa and Emirates ID usually takes another one to two weeks, and the visa stamping time can range from a few days to a week.

Eligibility Criteria

To determine the eligibility for obtaining a visa in RAK Free Zone, different criteria need to be met depending on whether you are an individual or a company.

Individuals

Individuals applying for a visa in RAK Free Zone must have a valid reason for residing in the UAE. This can include employment, investment, or family sponsorship. Additionally, individuals must meet the specific requirements for the type of visa they are applying for, such as having a job offer for an employment visa or sufficient funds for an investor visa.

Companies

Companies applying for a visa on behalf of their employees or owners must be registered and operating within RAK Free Zone. Alternatively, they can have a valid business license from the free zone. The company’s compliance with the regulations and rules of RAK Free Zone will also be taken into consideration during the visa application process.

Types of Visas Available

RAK Free Zone offers several types of visas to cater to the diverse needs of individuals and businesses.

Employment Visa

The employment visa is designed for individuals who have secured a job within RAK Free Zone. It requires a valid employment contract and typically allows for a period of two to three years of residency in the UAE. This type of visa is renewable and also allows for the sponsorship of dependants.

Investor Visa

The investor visa is available to individuals who have invested in a business within RAK Free Zone. It requires proof of investment and usually grants a longer period of residency compared to an employment visa. The investor visa also allows for the sponsorship of dependants.

Dependant Visa

The dependant visa allows individuals to sponsor their family members, such as spouses, children, and parents, to reside in the UAE. It requires proof of relationship and financial capability to support the dependants. The dependant visa is typically linked to the sponsor’s employment or investor visa.

Freelancer Visa

The freelancer visa is for individuals who are self-employed and provide services on a freelance basis. It requires proof of professional qualifications, a valid business license, and evidence of income. The freelancer visa allows individuals to legally operate as freelancers within RAK Free Zone.

Required Documents

When applying for a visa in RAK Free Zone, certain documents are required to support the application. These documents may vary depending on the type of visa being applied for.

Passport Copy

A clear copy of the applicant’s passport is a fundamental requirement for visa processing. The passport should be valid for at least six months and contain empty visa pages.

Passport-Sized Photographs

Recent passport-sized photographs of the applicant are needed for visa processing. The photographs should meet the specifications set by the relevant authorities.

Proof of Company Formation

For individuals applying for an employment visa, proof of company formation within RAK Free Zone is required. This can include a valid work contract, a letter of employment, or any other supporting documentation.

Bank Statements

Bank statements showing the applicant’s financial capability may be required, especially for investor visas or dependant visas. The specific requirements for bank statements may vary depending on the visa type.

Health Insurance

Health insurance coverage is mandatory for all individuals residing in the UAE. Proof of health insurance coverage meeting the minimum requirements set by the authorities is required for visa processing.

Application Form

Completing and submitting the relevant application form is an essential step in the visa application process. The application form will typically require personal details, visa type, and other relevant information.

Application Process

The visa application process in RAK Free Zone involves several steps and requirements. These steps usually include the submission of documents, the payment of visa fees, a medical examination, the issuance of an entry permit, Emirates ID registration, and visa stamping.

Submission of Documents

Once all the required documents are gathered, they must be submitted to the relevant authorities for review and processing. It is important to ensure that all documents are complete, accurate, and meet the specific requirements for the chosen visa type.

Payment of Visa Fees

Visa fees must be paid as part of the application process. The fees may vary depending on the type of visa being applied for and can include processing fees, visa stamping fees, and other related charges. The payment of fees is usually done through the appropriate channels specified by the authorities.

Medical Examination

Undergoing a medical examination is a mandatory step in the visa application process. The medical examination is typically conducted by approved medical centers or clinics and includes various tests and screenings. The results of the medical examination will determine the individual’s fitness to reside in the UAE.

Issuance of Entry Permit

After the documents are submitted, reviewed, and approved, an entry permit will be issued. The entry permit allows individuals to enter the UAE and initiate the process of residency. The entry permit is typically valid for a limited period and must be utilized within the specified timeframe.

Emirates ID Registration

Emirates ID registration is required for all individuals residing in the UAE. The Emirates ID is a mandatory identification card that serves as proof of identity and residency. The registration process typically involves providing biometric data and completing the necessary forms at designated registration centers.

Visa Stamping

The final step in the visa application process is visa stamping. Once all the previous steps are completed successfully, the visa will be stamped in the applicant’s passport. The stamped visa serves as legal permission to reside and work in the UAE according to the terms and conditions of the specific visa type.

Timeline for Visa Processing

The timeline for visa processing in RAK Free Zone can vary depending on various factors. These factors may include the type of visa, the efficiency of document submission, and the workload of the relevant authorities. While the following timeline serves as a general guide, it is essential to note that actual processing times may differ.

Processing Time for Entry Permit

The processing time for an entry permit typically ranges from one to two weeks. During this period, the submitted documents will be reviewed, and the applicant’s eligibility will be determined. Delays may occur if additional information or clarification is required.

Processing Time for Medical Examination

Once the entry permit is issued, the applicant will undergo a mandatory medical examination. The processing time for the medical examination can vary but generally takes a few days to a week. The results of the medical examination will determine the applicant’s fitness to reside in the UAE.

Issuance of Visa and Emirates ID

After the medical examination, the visa and Emirates ID will be issued. The processing time for the issuance of the visa and Emirates ID varies but typically takes one to two weeks. These documents serve as legal proof of the individual’s residency in the UAE.

Visa Stamping Time

The visa stamping process usually takes a few days to a week. This step involves the physical stamping of the visa in the applicant’s passport. Once the visa is stamped, the individual can legally reside and work in the UAE.

Additional Services Offered by RAK Free Zone

Aside from the visa process, RAK Free Zone offers additional services to support businesses in their setup and operation within the free zone.

Business Setup Assistance

RAK Free Zone provides comprehensive business setup assistance to guide companies through the process of establishing their presence in the free zone. This includes obtaining the necessary licenses, permits, and approvals, as well as accessing resources and support services.

Company Registration

RAK Free Zone offers efficient company registration services for businesses looking to incorporate within the free zone. From the initial application to the issuance of the trade license, RAK Free Zone ensures a seamless and timely registration process.

Bank Account Opening

RAK Free Zone can facilitate the opening of corporate and business bank accounts for companies within the free zone. This simplifies the process of banking and financial transactions, ensuring smooth operations for businesses.

Pro Services

RAK Free Zone provides professional services (Pro services) to assist companies with various government-related tasks and approvals. These services can include document clearance, visa processing, legal assistance, and other administrative support.

Tax Registration

RAK Free Zone offers tax registration services to help businesses comply with the tax regulations in the UAE. This includes assistance with VAT registration and filing, ensuring that businesses meet their tax obligations effectively.

VAT Services

With the introduction of VAT in the UAE, businesses operating in RAK Free Zone can benefit from VAT services offered by the free zone. These services help businesses understand and comply with VAT requirements, ensuring smooth operations and accurate reporting.

FAQs

How Long is the Visa Valid For?

The validity of a visa in RAK Free Zone depends on the type of visa and the specific terms and conditions. Employment visas are typically valid for two to three years, while investor visas can be issued for longer periods. Dependant visas often follow the validity of the sponsor’s visa, and freelancer visas may have shorter durations. It is important to review the specific visa regulations to understand the validity period.

Can a Dependant Visa be Converted to an Employment Visa?

Yes, it is possible to convert a dependant visa to an employment visa. The conversion process typically involves fulfilling the eligibility criteria for an employment visa, securing a job offer, and completing the necessary procedures. It is important to consult with the relevant authorities and adhere to the required guidelines when converting visas.

Are There Any Restrictions on Hiring Employees?

RAK Free Zone offers a flexible environment for hiring employees. Companies operating within the free zone can hire both local and international employees, subject to the regulations outlined by the relevant authorities. However, it is essential to comply with labor laws, visa requirements, and other applicable regulations when hiring employees in RAK Free Zone.

Is it Compulsory to Have a Physical Office in RAK Free Zone?

Yes, it is mandatory for businesses operating in RAK Free Zone to have a physical office or workspace within the free zone. This requirement ensures that the registered business has a physical presence and facilitates the smooth conduct of operations. The specific office space requirements may vary depending on the type of business and the activities being carried out.

Can I Sponsor My Family Members on My Visa?

Yes, individuals residing in the UAE on an employment or investor visa can sponsor their family members, such as spouses and children, to reside in the country. The sponsorship process typically involves fulfilling specific requirements, such as demonstrating financial capability and providing proof of relationship. The sponsorship options and regulations may vary depending on the visa type and the authorities’ guidelines.

Conclusion

RAK Free Zone offers numerous benefits and a streamlined visa process for businesses and individuals looking to establish a presence in Ras Al Khaimah and the UAE. From tax advantages to 100% foreign ownership, the free zone provides an attractive environment for business setup and growth. The comprehensive visa process ensures a smooth and efficient transition for individuals and companies, allowing them to focus on their core operations and take advantage of the opportunities available in RAK Free Zone. With additional services and support provided by RAK Free Zone, businesses can thrive and succeed in this dynamic and business-friendly environment.