RAK Free Trade Zone
Company Formation
Presented By Raif R S
Personal Profile
Raif R S
Business Consultant
Masters In Marketing Management
With ADAM’s From Past 7 months
Agenda
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About RAK FTZ
Benefits
Facilities
Company types
Type of Licenses
Setup Process
License cost
Document Check List
About RAK FTZ
• Established in 2000, One of the fastest-growing and
most cost-effective free trade zones in the UAE and
home to some 6,000+ active companies.
With reputation for affordability, flexibility and broad
geographical reach, RAK FTZ are rapidly emerging as
the preferred business hub in the region, from which
investors, of all origins and industries, can easily access
and branch into the emerging markets.
Commitment to simple and customer-friendly
procedures is recognized throughout the region. Clients
enjoy the widest range of facilities and value added
services.
Benefits
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100% Foreign ownership
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No Corporate or Income taxes
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No restriction on Full repatriation of funds
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Availability of Serviced Offices, Pre Built warehouses and Land
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Long term renewable lease
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No import or re-export duties
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No restriction on hiring foreign employees
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Mortgage facility for all improvements made on the leased land.
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A Gateway to Emerging market
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6000 SME’s from around 106 Countries
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Customized Packages
Facilities
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Standard Offices
Executive offices
Temporary warehouse
Land for Development
Service Block Facilities
Shell and Core offices
Company Types
• Branch Company ( Local and Foreign )
• Free Zone Establishment ( FZE )
• Free Zone Company (FZC )
Type of Licenses
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Commercial License
General Trading License
Consultancy/Services License
Industrial License
Setup Process
Submit
Documentation
• Application form, List of Trade Names form, project description,
passport copies, bank statements and relevant legal documents
Process
Payment
• Cash: 2 - 3 days , cheque: 4 - 6 days , International transfer: 6 - 9
days
FZC AND FZE
REQUIREMENTS
License
Open for
Business
• Including Certificate of Formation, bank letter and legal
documents FZC only
• Receive Business License and Lease Deed
• Now you can start the visa process
License Cost
Minimum share capital required ( Commercial or Consultancy ) –
AED 100,000 (USD 27,400)
Minimum share capital required ( General Trading ) - AED
150,000 (USD 41,000).
Registration Fee - 7,000 ( One time )
Flexi Desk – 10,300 (Yearly)
Admin Service Charges – 1,200 ( Yearly )
License Fee
Commercial License - 3,650 (Yearly)
Consultancy or Service License - 7,500 (Yearly)
General Trading License - 15,000 (Yearly)
ADAM Consulting Fee – AED 8,000 – 10,000
Documents Check List
Application form
Brief project description
Copies of passport(s)
Bank reference letter
List of Trade Names form
Declaration form
Additional documents as required by the
Licensing Department
Questions and Answers session
Thank You