Ras Al Khaimah Trade License Cost

One of the major legal requirements to start a free zone business in RAK is to obtain a free zone license and pay the Ras Al Khaimah trade license cost accordingly. UAE Company registration in RAK free trade zone is subject to certain terms and conditions set by the RAK economic zone (RAKEZ) authority to standardize the processes involved in starting a new free zone business. The investors must be aware of the rules and regulations of the RAK free trade zone and must comply with all the legal requirements to start their free zone company successfully in one of the most well-reputed free trade zones in the UAE. 

Ras Al Khaimah Trade License Cost and License Renewal Fees

Investors need to follow a step-by-step procedure to complete the registration process for their UAE based free zone company in Ras Al Khaimah. As mentioned earlier, obtaining the RAK free zone license is an essential legal requirement and investors must choose a specific type of license intelligently according to their specific business requirements.

Listed below are different types of RAK free zone licenses with their respective RAKEZ license cost:

• RAK General Trading License (AED 15,000)
• Services/Consultancy License (AED 7,500)
• Industrial License (AED 5,000)
• Commercial License (AED 3,650)

It must be noted that after starting your business in RAK free trade zone, you need to renew your trade licence every year and the renewal amount is the same as the RAK license fee that you pay when applying for the trade license for the first time. Paying the RAK free zone license renewal fees before the expiry date is important to avoid cancellation of the license.

Start your Business in RAK Free Trade Zone

Starting a business in RAK economic free zone could be an excellent decision as many benefits are offered to investors for UAE company registration in RAK including 100% ownership of the business and exemption from corporate taxes amongst others.

Fujairah Company Formation and Cost

Previously Fujairah Emirate was part of an independent Sharjah Principality. After the 50s of the last century, it became administered as a separate unit and later proved to be one of the most attractive and desired places for investors to venture in. Gifted with strategic location that opens to the Indian Ocean, Fujairah has seen leaps of technological progress after becoming a free zone and gained a special popularity due to its lucrative company formation policies, great logistical support, tax incentives and 100% ownership privilege. All these benefits combine to make an environment fostering rapid development and comfortable operations for foreign investors.

Logistics Advantage
 

The modern port infrastructure provides anchorage to international vessels for import and export of goods, boosting trading activities in a customs free platform. The access to all international and regional navigable waters is among its key propositions and hence makes it world’s finest harbors immediate trade.

Fujairah Business Setup Cost and Process

Serving as one of the main components in international trade, its free zone jurisdiction offers a simplified scheme of business interaction and with specialized facilities for office/warehouse space provisions. The visa processing is fast and required minimum paperwork since it is sanctioned by the Fujairah authority itself instead of UAE state bodies. The availability of efficient highways, regions largest shipping port, international air harbor and metro systems provide numerus field benefits for transport logistics during company trade operations. This also allows companies to optimize their Fujairah company formation cost, reduce freight delivery time while stimulating low production cost and minimal overheads, bringing more value to business setup in Fujairah. The Fujairah Creative City Licensing Cost starts from AED 20,000 and takes around a week to fully incorporate. The rental property is affordable and provides all kinds of office provisions for entrepreneurs, SMEs as well as Large Enterprises.