Ras Al Khaimah free zone is among the most sought investment destinations in the UAE because of the numerous incentives it offers to foreign enterprisers. Many foreign investors come to the UAE to establish companies in Ras Al Khaimah and its free zone they can choose from several types of structures allowed by the local authorities, and especially because of the advantages RAK offshore companies offer.
For assistance in setting up a RAK offshore company, you can rely on our company registration agents in Dubai.
Tax exemptions in Ras Al Khaimah free zone
Just like any other free zones in Dubai or other emirates, Ras Al Khaimah offers various tax exemptions when opening a company here. Foreign investors should choose Ras Al Khaimah free zone because they can benefit from:
- no corporate or income taxes;
- full repatriation of capital and profits.
Also, one of the main reasons overseas enterprisers choose Ras Al Khaimah free zone is because full foreign ownership is allowed here.
Facilities for companies in Ras Al Khaimah free zone
Setting up a company in Ras Al Khaimah free zone comes with many advantages from a logistics point of view. First of all, Ras Al Khaimah free zone is located quite close to Dubai and has direct access to Port Saqr. RAK free zone also offers easy access to the largest airports in the UAE.
Apart from these, Ras Al Khaimah free zone offers a clear legislation related to the incorporation of companies here and swift company formation procedures, which is what makes it one of the most appealing free zones in the UAE. Companies here can apply for one of the four types of business licenses available: commercial, trading, consultancy or industrial license.
Other reasons to choose to invest in Ras Al Khaimah free zone
Ras Al Khaimah free zone is among the most advantageous free zones when it comes to the high living standards at low costs. Companies operating in Ras Al Khaimah free zone also benefit from cheap office space for rent in any of the parks dedicated to certain industries. These are the Industrial Park, the Academic Zone, the Business Park and the Technology Park. One
For assistance in opening a company in Ras Al Khaimah free zone or in Dubai, do not hesitate to contact our company formation representatives.