Ras Al Khaimah (RAK) is one of the seven emirates of the United Arab Emirates (UAE) and is rapidly becoming a popular destination for business setup. Here are some of the benefits of setting up a business in Ras al Khaimah mainland:
100% foreign ownership.
Fast and simple & low cost business setup.
Access to affordable office space and rented offices.
Ras Al Khaimah (RAK) Strategic location provides businesses that want to tap into the growing markets in the Middle East, Asia, and Africa.
You have access to the talent and will not face any restriction.
You can obtain your UAE residence Visa.
Ras Al Khaimah (RAK) does not impose any personal or corporate taxes on businesses.
To carry out the company formation in Ras al Khaimah Mainland you need to submit the following document:
Residency / Visit visa.
Business Plan / CV.
Company Application Form.
Proof of financial capability.
Trade Name (minimum of 5 trade name) .
NOC from the local sponsor.
Share structure of shareholder.