offshore company formation in Ras Al Khaiman
Setup your Company in Ras Al Khaimah with our expert Consultants
Are you looking for offshore company formation in Ras Al Khaiman? We are the right consultants to help you with your business setup in RAKEZ. Ras Al Khaimah is a perfect spot for setting up your suitable business in the United Arab Emirates. With its centralised location between the Arabian Gulf on the West and the Hajjar Mountains on the East, Ras Al Khaimah is just 45 minutes away from Dubai. Additionally, the Freezones of the Emirate are closer to the far-off nations like China, Iran, India and Pakistan. Therefore, the global companies utilise the advantage of this strategic location and proceed with company formation in Ras Al Khaimah.
What is the Process of Setting Up a Business in Ras Al Khaimah?
Ras Al Khaimah has seen tremendous growth in the recent past and is one of the fastest-growing Emirates in terms of economy. Setting up a suitable business in Ras Al Khaimah is a quick and hassle-free procedure. However, all the procedures are completely guided. However, you need to ensure that the documents are properly arranged to ensure quick registration. Our experts at The Futuristic Zone can help you arrange all the documents and lead you to a smooth business setup.
Choosing a Business Activity
The first step towards business setup in Ras Al Khaimah is to select the business activity. It may be commercial, industrial or professional, depending on your requirements.
Choosing the Legal Form of Business
Here, you need to determine the type of corporate entity for your business. It depends on the business you plan to do and the number of employees you have.
Finalizing the Jurisdiction
You need to finalize the area where you will register your company. Different areas for finalizing your business in RAK are Offshore, Mainland and Freezone.
Getting Initial Approval
Before getting your company’s certificate, you need to apply for approval. The initial approval will let you apply for your business license and other procedures.
Registering Trade Name
You must select the trade name once all the above procedures are done. Once the name is selected, it must be submitted to the Department of Economic Development.
Submission of Application
Apply to the respective authorities to get the consent. The authorities will approve your request depending on your business activity.
Obtaining a License
Now, you need to obtain your business license. You might have to submit other documents to the Department of Economic Development before your license is issued.
Rent an Office
The last step is to finalize on a location and rent an office for your company. Once the spot is selected, the respective authorities will visit the spot and give you final approval.
All these steps are required for business setup in Ras Al Khaimah. You can trust us and our consultants at TFZ to guide you through these steps. We will assure you that you have to spend less time and get approval for your business quickly.
What documents must you carry for setting up your company in Ras Al Khaimah?
Certain documents are mandatory for setting up your business in Ras Al Khaimah.
- Tenancy Contract Certified Copy.
- Photocopies of Land Map, VISA, Passport, RC and Ownership.
- Consent of Legal Affairs.
- Business License Application Form.
- Approval from the Ministry of Economy.
- Notarized Certification of Partnership.
- National ID and family Book Notarized copy.
- Technical Evaluation Report.
- Trade Name Certificate.
What are the benefits of Business Setup in Ras Al Khaimah?
Ras Al Khaimah is an excellent location in the United Arab Emirates for setting up your business. The place offers numerous benefits to new investors who are looking to open their business in the UAE.
- Enough Storage Facilities.
- International Tourism Industry Development Prospects.
- Access to global and regional markets.
- Access to the major transport hubs.
- Marina Docks and Modern Ports.
- Low Rental Expenditures.
- Incentives for the investors.
Business Setup in Ras Al Khaimah with the help of Top Assistants from The Futuristic Zone
Ras Al Khaimah is a promising location for setting up your business in the United Arab Emirates. And you must not let your dreams go away from your hands. Reach out to the consultants of TFZ for hassle-free and convenient offshore company formation in Ras Al Khaimah. Our team of experts have proper knowledge about company formation and expertise in helping customers form their businesses. Thus, if you are also looking to form your dream setup in Ras Al Khaimah, make sure to call us.
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Frequently Asked Questions
The different types of business entities that can form their company in RAK are as follows.
- Limited Liability Company.
- Joint Venture Company.
- Public/Private Shareholding Company.
- International Business Company.
- Freezone Establishment.
- General Trading Company.
The steps and procedures required for company formation in Ras Al Khaimah are as follows.
- Choosing Business Activity.
- Selecting a legal form of business.
- Jurisdiction finalization.
- Initial Approval.
- Trade Name registration.
- Application Submission.
- License
- Office Renting.
The major industries are tourism, retail, technology and real estate. These industries can get the best conditions to grow in Ras Al Khaimah.
There are several advantages to setting up a company in Ras Al Khaimah.
- Ample Storage Facilities.
- Access to docks and modern ports.
- Development Prospects.
- Access to international markets.
- Low Rentals.
- Easy Labour Availability.
