With its flourishing economy and outstanding development, Ras Al Khaimah attracts a stream of foreign investors. The reasons are clear: progressive government policies, cutting-edge infrastructure, a thriving economy, and harmonious trade relations with neighboring nations.  

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Moreover, companies in Ras Al Khaimah enjoy a wealth of incentives and facilities :

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• Zero tax on personal or corporate income

• No foreign exchange controls, quotas, or trade barriers

• Customs duty exemption on imports, exports, and services

• A hassle-free, business-friendly legal framework with robust company laws ensuring investment security

• Government-sponsored incentives for investors

• Full ownership rights for your enterprise

• Complete tax exemption on all commercial levies for imports and exports

• 100% return of capital and profits

• A welcoming business environment and streamlined company setup processes

Exploring the Diverse Business Setup Options in RAK

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Arab Expert Setup assists entrepreneurs with registering new companies in the most suitable locations in Ras Al Khaimah. Depending on the nature of the business and the activities they wish to engage in, business owners can look for company formation options in either free zones, offshore business setup, or mainland business setup in Ras al Khaimah. 

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Forgo the worries of the process and let our corporate advisors manage the liaisons with the respective economic departments, free zone authorities, etc. 

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Free Zones in Ras al Khaimah

Shuraa Business Setup offers RAK free zone company setup with 25% lower rates than other Emirates. RAK’s cost-effective, hassle-free, and customer-friendly environment attracts businesses of all sizes.

Primary RAK free zones for business setup include: 

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RAK Economic Zone (RAKEZ)

in Ras Al Khaimah offers access to local and international markets for investors

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RAK Media Free Zone

(established 2006) provides cost-effective options with world-class facilities for media-related businesses

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In Ras Al Khaimah, there are four primary free zone business parks:

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Business Park

For corporate and business investments

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Technology Park

Home to trade and light manufacturing companies

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Industrial Park

Catering to heavy manufacturing industries

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Academic Park

RAK FTC aims to become a top-notch education destination, reserved for world-class educational institutions

 

Start Your Business in Free Zones Ras al Khaimah 

Ras Al Khaimah Offshore

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RAK Offshore was created to meet the increasing demand in offshore markets, contributing to the administration’s economic growth by diversifying income sources. With over 1900 International Business Companies (IBCs) in its portfolio, RAK offshore has initially attracted real estate and property investments. The establishment of new policies ensures a welcoming environment for investors. 

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Arab Expert Business Setup has experienced business consultants who can assist you in efficiently and swiftly forming a cost-effective RAK offshore company without any complications. 

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Business setup in Ras Al Khaimah offshore comes with numerous advantages:

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Privacy and Security

RAK ensures the confidentiality and safety of your information.

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Import Duty Exemption

Businesses enjoy exemption from all import duties.

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Cost-Effective

The RAK offshore company setup costs are reasonable, making it an ideal choice for an offshore location.

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Capital and Profit Repatriation

You can repatriate 100% of your capital and profits.

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Start Your Business in Ras Al Khaimah Offshore​

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RAK Mainland Company

Ras Al Khaimah is experiencing a booming business landscape, attracting foreign investors and becoming a highly developed emirate. The rising popularity of business setup in Ras Al Khaimah is due to its advantageous features, such as: 

If you plan to open an LLC or any other mainland company in Ras Al Khaimah, Arab Expert Business Setup

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can provide valuable assistance. Our experienced Public Relations Officers (PROs) are well-versed in all necessary procedures. We guide our clients through every step, handling approvals and documentation formalities, so they don’t have to face any hassles during the company setup process. With us, forming a company is affordable and free of red tape. 

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• No currency restrictions.

• Flexibility to rent offices anywhere.

• No limit on the number of business activities allowed.

• No mandatory annual auditing.

• Access to the local market for conducting business.

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Start Your Business in RAK Mainland Company

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Advantages of Business Setup in Ras Al Khaimah

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Ras Al Khaimah (RAK) provides additional incentives for the growth of regional companies, presenting a promising platform that connects trade routes from East to West. Among the key benefits for foreign investors, the following opportunities stand out: 

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• Abundant material and technical resources, along with extensive storage facilities, offer high potential for business growth.

• The thriving international tourism industry presents promising prospects for further development.

• RAK's strategic geographical location provides easy access to both regional and global markets.

• Availability of major transport hubs facilitates efficient logistics and distribution networks.

• The presence of modern container ports and marina docks enhances trade opportunities.

• Relatively low rates for space rental and energy supply contribute to cost-effectiveness.

• The business setup in RAK offers a compelling alternative to Dubai free zone company formation, providing a wide array of office and warehousing facilities.

• Investors can leverage the advantage of abundant supplies of competitively priced energy, fostering economic sustainability and profitability.

 

Steps for Registering a Business in Ras Al Khaimah:

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Choose the Business Activity

Decide on the type of economic activity your business will be involved in, such as commercial, professional, or industrial activity.

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Determine the Legal Form

Select the appropriate corporate entity based on your business activity and its nature.

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Finalize the Jurisdiction

Choose the suitable jurisdiction among Mainland, Free Zone, or Offshore, depending on your business needs and preferences.

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Obtain Initial Approval

Seek initial approval before obtaining the company name certificate to proceed with the business license issuance procedures.

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Register Your Trade Name

Choose a unique and suitable trade name for your organization and submit it to the Department of Economic Development.

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Apply and Submit

Fulfill the requirements and legal conditions and visit the authorities concerned to obtain their consent for your business setup.

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Obtain a Business License

Once approvals are received, fulfill requirements for the business license from the Department of Economic Development.

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Remember, the process may involve legal procedures and documentation, and seeking assistance from experienced business advisors like Arab Expert can be beneficial to ensure smooth and successful company formation in Ras Al Khaimah. 

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Investment Opportunities in Ras Al Khaimah

With a robust economy and a stable political environment, Ras Al Khaimah emerges as a dynamic and promising destination for investments. The RAK government actively encourages foreign investment through its supportive policies. As a result, an increasing number of multinational companies have chosen to establish their operations in RAK in recent years. The emirate presents exceptional investment prospects across various sectors, making it an exciting and lucrative investment hub. 

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Industrial & Manufacturing

Opportunities for industrial and manufacturing ventures to set up production facilities and cater to domestic and international markets.

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Warehousing, Cold Stores, Transport, and Distribution

Excellent facilities and potential for warehousing, cold storage, transportation, and distribution businesses to support various industries.

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Trade and Commerce

A favorable environment for trade and commerce, attracting businesses to engage in import/export and trading activities.

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Mining, Minerals Exploration, Extraction, and Quarrying Projects

Potential for mining and minerals exploration, extraction, and quarrying projects to tap into valuable natural resources.

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Tourism, Real Estate & Construction

Lucrative opportunities in the flourishing tourism sector, real estate development, and construction projects.

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Food Processing & Dairy

Prospects in the food processing and dairy industry, enabling value addition to agricultural products and meeting consumer demands.

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International Maritime Related Industries and Services

Fostering a thriving maritime sector with opportunities in maintenance, fabrication works, and other related services.

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Check out Arab Expert comprehensive
service range

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Public Relations Officer (PRO) Services

Handling all PRO-related tasks and documentation on your behalf.

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Accounting and Bookkeeping

Efficiently managing accounting and bookkeeping requirements.

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Auditing

Conducting thorough auditing to ensure financial transparency.

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Tax Consulting

Offering expert advice on tax matters to optimize your business operations.

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Value Added Tax (VAT) Registration

Managing VAT registration processes as required.

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Legal Advisory

Providing sound legal guidance to navigate business regulations.

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Setting up a Branch Office in RAK

Assisting in establishing a branch office of your company in RAK.

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Intellectual Property Protection

Ensuring adequate protection of your intellectual property rights.

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Company Incorporation

Assisting in the seamless incorporation of your company in RAK.

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Company Registration

Handling all aspects of company registration to ensure legal compliance.

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Local Sponsorship

Providing reliable local sponsorship services to facilitate your business setup.

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Set Up a Business in RAK with Arab Expert Business Setup

Arab Expert Business Setup offers a comprehensive one-stop solution for businesses looking to establish their operations in RAK. Our vast domain experience and knowledge of RAK’s laws enable us to handle all necessary documentation and legal formalities seamlessly. From Passport and Visa processing to Licensing requirements, we efficiently navigate through the bureaucracy, ensuring a swift and hassle-free process for our clients. With our assistance, you can easily be a part of this growing economy. Contact us for your business setup in Ras Al Khaimah and enjoy a seamless journey towards success!