Out of the various free trade zones in UAE, Ras Al Khaimah or simply called as RAK free trade zone. It has been award as the best emerging trade zone for RAK Free Zone Business Setup. It was Launch in the year 2000, this leading UAE free zone is located at the center of Ras Al Khaimah. Now refer as a RAKEZ (RAK Investment Authority). With thousands of companies set up here, it is emerging as a popular choice for businessmen and investors.
This newly made RAKEZ free trade zone is an amalgamation of two free zones. one is RAK Free Trade Zone (FTZ) and another RAK Investment Authority. This free zone is also situated in the close vicinity to the RAK international airport and a seaport. It is becoming a first-class business hub with exceptional technology and infrastructure facilities. It is an investment destination for over 8,600 companies from different parts of the world, encompassing more than 50 types of industrial activities.
One of the major attractions of free zone parks made for foreign investment.certain requirements. for RAK Free Zone Business Setup; they are the Business Park, Technology Park, Academy Zone, and Industrial Park.
Various type of trade activities permitted in RAK
As said earlier, RAKEZ is a hub for a lot of trading operations. It allows some of the businesses prohibited by other UAR free trade zones.
Many activities classify to obtain a license for RAK Free Zone Business Setup. Such as commercial, industrial, service, individual, professional, medial, e-commerce, and educational.
Education or profession-oriented business setup
Apart from this, other activities require the manager of the company need to hold relevant education in order to operate a certain type of industry.
This educational proof or degree has to be attested by a UAE Embassy in the home country of the manager, as this will work as a testament to his educational background.
RAK FTZ has emphasized the substance requirements and a lot of trading activities are beginning to fall into this categorical requirement. But they have to adhere to some special conditions to register for their setup such as the requirement of a physical office, the blueprint of their business plan, company resident Visa, etc.
An individual should hold a professional qualification in order to offer services (but not limited to):
- Bookkeeping and Accounting Services
- Auditing Services
- Architectural design services
- Consultancy services
- Aviation consultancy services
- Communication services
- Engineering services
For a variety of business activities, a business license issue for Company Formation in RAK Free Trade Zone. Their high chances you can find a suitable option for your business endeavor. No matter for which trading purpose, you wish to secure a place in RAKEZ, Business Link UAE works with all its might to ensure that you get your business firmly placed in RAK Free Trade Zone.
