Establish a Company in Ras Al Khaimah Free Zone

1. Cost advantage: The registration cost for companies in the Ras Al Khaimah Economic Zone is only one-third of the average cost in Dubai.

2. Geographical advantage: RAKEZ is located at the entrance of the Persian Gulf, close to seaports and airports, just a 45-minute drive from Dubai. It boasts the largest bulk cargo unloading port in the Middle East and North Africa, an international airport, and will become the terminal station of the Etihad Rail.

3. Business environment: RAKEZ is rated as an 'A'-grade safe and stable investment destination by Fitch and Moody's, with strong support from the Economic Development Department and ECI.

4. Tax advantage: Companies registered in the RAKEZ free trade zone can be exempt from tax liabilities, including income tax, export tax, and import tax.

1. Zero or low corporate tax: Companies in Ras Al Khaimah Free Trade Zone typically enjoy zero or low corporate tax rates.

2. No personal income tax: Companies registered in the free trade zone are not required to pay personal income tax.

3. No capital gains tax: Free trade zone companies are exempt from capital gains tax.

4. No value-added tax (VAT): Companies registered in the free trade zone do not need to pay VAT.

5. 100% tax exemption on income and corporate tax: Free trade zone companies can enjoy 100% exemption on income and corporate taxes.

6. No withholding tax: Companies registered in the free trade zone are not required to pay withholding tax.

7. Double taxation avoidance agreements with multiple countries: Free trade zone companies have signed double taxation avoidance agreements with multiple countries, further reducing tax burdens.

Industries suitable for company registration in the Ras Al Khaimah Free Zone include logistics, trade, manufacturing, technology, and heavy industries. The Ras Al Khaimah Free Zone offers various business facilities and preferential policies to meet the needs of different industries.

Suitable industries and reasons

1. Logistics and Trade: The Ras Al Khaimah Free Zone has its own seaport and airport, making transportation convenient and ideal for logistics and trading companies. Additionally, the free zone provides warehouses and storage spaces of various sizes, suitable for storing and transporting goods.

2. Manufacturing: The free zone has industrial parks and technology parks, making it suitable for heavy and light manufacturing industries.

3. Technology: The free zone includes business parks and technology parks designed for tech companies, making it ideal for high-tech enterprises and research institutions.

4. Heavy Industries: The free zone has dedicated industrial parks, suitable for heavy industrial projects.

1. Company Name: At least 3 proposed company names for Ras Al Khaimah, in English format, which must not contain any country names, regions, or sensitive terms such as oil, natural gas, aviation, banking, insurance, etc. The name must end with LIMITED or LTD.

2. Registered Capital: The standard registered capital is 50,000 dirhams, with no need for actual payment.

3. Director and Shareholder Information: Provide identity documents, passport scans for all directors and shareholders, as well as proof of address for the past three months (such as utility bills).

4. Registered Address: Provide a valid registered address within Ras Al Khaimah.

5. Business Scope: Clearly define the company's business activities and objectives.

6. Other Documents: Provide contact details (phone and email) for shareholders and directors, as well as personal resumes (including educational background, professional experience, and certificates).