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RAK INVESTMENT AUTHORITY FREE ZONE COMPANY FORMATION

RAK Investment Authority (RAKIA) is a leading business destination committed to providing a pro-business environment, regulatory stability and robust infrastructure in the emirate of RAK in the UAE. Comprised of two dedicated industrial parks, a combined area of 30-million square metres, RAKIA provides hassle-free business set-up, state-of-the-art facilities and economical solutions to help clients compete regionally and globally.

RAKIA presents a wide range of solutions and services, adhering to constantly meeting the requirements of its clients. Owing to the strategic advantages and investor-oriented policies, RAKIA is home to over 500 manufacturers and thousands of SMEs.

Activities allowed in RAK Investment Authority Free Zone Company formation

RAK Investment Authority (RAKIA) is a leading business destination committed to providing a pro-business environment, regulatory stability and robust infrastructure in the emirate of RAK in the UAE. RAKIA presents a wide range of solutions and services, adhering to constantly meeting the requirements of its clients.

Types of Licenses under RAK Investment Authority Free Zone Company formation

Consultancy Services: Allows your company to conduct services or consultancies across any industry.
Trading General Trading: Allows your company to import, export, distribute, or warehouse goods. You can select from specific or general trading licenses.
CommercialAllows your company to import, export, distribute, or warehouse goods. You can select from specific or general trading licenses.
Industrial: Allows your company to import raw materials, as well as to manufacture, process, package, and export finished products.
Media: Allows your company to open Media Company.

Benefits of RAK Investment Authority Free Zone Company formation

The main advantages are as under:

  • Choice of free zone or non-free zone
  • Low cost of business set-up and operations
  • Ease of doing business
  • 100% tax exemptions (no corporate or personal taxes)
  • 100% foreign ownership in free zone companies
  • 100% repatriation of capital and profits
  • 45-minute drive from Dubai
  • Easy access to strategic markets in the MENA Region
  • 31% of world’s population in 4-hour flying radius
  • Proximity to express highways, seaports and airports