Ras Al Khaimah Free Trade Zone is located in Ras Al Khaimah emirate.
RAK FTZ companies will be good for those who:
– need trading company;
– doesn’t need office;
– need resident visas.
Types of Companies:
Free Zone Entity (FZE) – 1 shareholder;
Free Zone Company (FZC) – 2-5 shareholders;
Branch – can be branch of either local or foreign company.
License Type:
Commercial License
Allow the holder to import/export/sell/distribute/store products (items) specified on the license within the RAK FTZ only. Finished products are not allowed to be sold in the UAE local market. The Licensee should do this through a local distributor or a local agent only. Two different activities or 7 similar activities are allowed;
Consultancy/ Services License
Allows the holder to provide any services (such as management, marketing, academic, real estate, logistics or industrial consulting) specified on the license within the RAK FTZ only. Two different consulting activities are allowed;
Industrial License
Allows the holder to import raw materials for the purpose of manufacturing/processing/assembly/packaging of specified products. Finished products are not allowed to be sold in the UAE local market. The Licensee should do this through a local distributor or a local agent only. One product line is allowed;
General Trading License
Allow the holder to import/export/sell/distribute/warehousing products (goods). Different activities are allowed.
Capital Amount:
minimum capital amount is AED 100,000 (approx $27,400) . In case of General Trading License & Real Estate License (Services License) minimum capital amount is AED 200,000 ($54,800)
Office:
flexi desk offices are available.
Visas:
companies are entitled from 1 to 3 visas – depends on license and office type (see attached file)
Requirements for the shareholder/director:
there are no requirements for the residency/citizenship of the shareholder/director. Corporate foreign shareholder is allowed. Corporate director is prohibited
Walton Consultants DMCC
Attachment
RAK FTZ price.pdf