RAKIA an Investment Paradise. A place where your Business will Flourish.

1. RAKIA OPEN FOR BUSINESS
www.rak-ia.com

3. OMAN
OMAN
CONTENTS
03 Message from the CEO
04 Ras Al Khaimah Overview
06 RAKIA Overview
13 RAKIA Industrial Park - Free Zones And Non Free Zones
14 Warehouses & Light Industrial Units (LIUs)
15 Office Space
17 Staff Housing
18 Executive Residences
20 Starting a Business in RAKIA
22 Setting-up a Free Zone Company
24 Setting-up a Non Free Zone Company
26 Visa Procedures

4. “The Government Must
Act And Perform
Like A Business Unit”
HIS HIGHNESS SHEIKH SAUD BIN SAQR AL QASIMI
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5. Message from the CEO
Ras Al Khaimah’s transformation into one of the most Within just four years of operation, RAKIA has
exciting investment, manufacturing, trade, tourism transformed Ras Al Khaimah into a magnet of
and lifestyle destinations in the world continues to global investments with large number of local and
grow under the able leadership and guidance of His international companies from a diverse range of
Highness Sheikh Saud bin Saqr Al Qasimi, Crown industries registering with RAKIA in Al Jazerra, Al
Prince and Deputy Ruler of Ras Al Khaimah. A key Hamra and Al Ghail Industrial and Free-Zone Parks.
indicator that reflects Ras Al Khaimah’s strong socio-
economic performance is the increasing number of The economic progress we are now witnessing is
global companies that are investing in the emirate, indeed a sign of more positive things to come. The
while the impressive combination of premium government reforms, the business-friendly policies
residential and leisure amenities that continue to and the substantial investments being made to boost
be built across Ras Al Khaimah reflect the excellent the infrastructure facilities are now beginning to create
quality of life that is being enjoyed by citizens and a significant impact on the emirate’s socioeconomic
residents alike. standing. I would like to thank all our investors for
their trust and confidence in us and also like to assure
Ras Al Khaimah has remained steadfast on its our continuous support and attention at all times.
commitment to promote sustainable development
and economic diversification. One of the important Sincerely,
measures implemented in line with the directives of For RAK Investment Authority
His Highness was the establishment of the Ras Al Dr. Khater Massaad
Khaimah Investment Authority (RAKIA) in 2005 to
oversee the sustainable socio-economic growth of
the emirate.
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6. Category Category Category Category Category
Cities of the Future Most Business Friendly Best Economic Potential Special Economic Zones of the Future Best Quality of Life
The verdictattractive for FDI
RAK most
is out
Ras Al Khaimah
Overview
Ras Al Khaimah, one of the seven emirates that six. In addition to the well-established state-run primary
make up the United Arab Emirates, has come a long and secondary schools, Ras Al Khaimah boasts several
way from its humble beginning to being recognised private schools of international standard offering a
today as one of the most attractive tourist and range of curricula, including schooling under the
business destinations in the Middle East, thanks to American, British and Indian systems. The academic
its excellent infrastructure, investor-friendly policies year in Ras Al Khaimah is from September to June,
and picturesque surroundings. and admissions require transfer/migration certificates
from the students’ home country schools/education
departments.
Location
Ras Al Khaimah is located at the north end of the
Healthcare
Arabian Gulf coastline. Nestled between the Hajar
Healthcare facilities in Ras Al Khaimah are truly of
Mountains on the East and the Arabian Gulf on the
international standards. Be it diagnosis, treatment or
West, Ras Al Khaimah also shares mountainous
patient care, hospitals in Ras Al Khaimah are equipped
boarders with the Sultanate of Oman. Located
with state-of-the-art facilities and highly experienced
about 45 minutes driving distance from Dubai, the
doctors and support staff. In addition to the four major
emirate is strategically located and is well connected
government hospitals and the several private hospitals
to destinations in the Gulf countries, Europe, the US,
and clinics in the emirate, a new hospital named
Australia and the Far East. RAK is the closest emirate
RAK Hospital, which is managed by a team from
to the main shipping lane travelling the Strait of
Switzerland, has recently commenced operations.
Hormuz and to markets including Pakistan, India,
China and the CIS countries.
Education
Over the past decades, Ras Al Khaimah has laid
significant emphasis on education. The emirate
offers free education for all UAE nationals, who are
required to attend primary school from the age of
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7. Shopping and Recreation
Facilities
Ras Al Khaimah is fast emerging as a shopper’s frequencies and time of arrival / departure; offers
paradise in the region, with a choice of ultra-modern competitive tariffs and storage facilities; is not
shopping malls, hypermarkets and department congested, and has a full offering of duty-free goods,
stores complementing the array of recreational among other services.
facilities that include parasailing, fishing, diving,
wind surfing, water skiing, golfing, camel and horse Seaport
riding, mountaineering, desert safaris among others. Saqr Port, located in the industrial area of Khor
Khuwair, is Ras Al Khaimah’s main seaport, providing
Tourism bulk and container services. It has eight deep water
As a tourist destination, Ras Al Khaimah has been berths, each 200 m long, is dredged to 12.2 m
steadily attracting visitors from around the world and has two ro-ro ramps plus specialised berths for
who thoroughly enjoy the sun-kissed beaches and handling bulk cement and aggregate. Other services
the beauty of the Hajar Mountains, not to mention include ship handling, crew changes and 40,000 m2
the range of exciting outdoor sporting activities that of covered storage together with a vast open storage
they can take part in. Also, the RAK Government area.
has preserved the emirate’s rich cultural heritage
by maintaining several old structures which hold
major historical significance. The government is also
promoting traditional sports such as camel racing,
dhow (boat) racing and Arabian thoroughbred
horse racing.
Airport
The Ras Al Khaimah International Airport started its
operation in the year 1971, is capable of handling
scheduled and chartered flights and air cargos. The
airport, which is currently undergoing an upgrade,
has an open skies policy with no restrictions on
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8. RAKIA Overview
Ras Al Khaimah Investment Authority (RAKIA) was RAKIA Products
established following the Emiri Decree No. (2)/ Land for industrial activities
2005 issued by H.H. Sheikh Saqr Bin Mohammed Warehouses/light industrial units
Al Qasimi, Supreme Council Member and Ruler of Business towers/office space
Ras Al Khaimah. RAKIA was created to boost the Studio flats
industrial and business opportunities and realise a Workers’ accommodation
long-term strategy for the emirate’s socioeconomic Executive accommodation
development. Within a few years, RAKIA has attracted
large number of local & international companies to The primary task of RAKIA is to develop and manage
RAK and importantly, is laying down the foundation the industrial zones including the free and non-free
to a more resilient and robust economy by gathering zones in Al Hamra and Al Ghail areas, which are
hundreds of foreign direct investment year-on-year. located about 15 and 40 kilometers away from the
Ras Al Khaimah City, respectively.
RAKIA Incentives and
RAKIA operates the free trade zones for foreign
Key Enablers investors who wish to avail full ownership of their
Renowned for having one of the best regulatory
business and enjoy tax and duty exemptions.
environments in the region, RAKIA offers a highly
attractive economic package to foreign investors,
Another prime RAKIA offering is the RAKIA Business
which include 100 per cent income and corporate
Tower, a multi-storey complex located in the Al Hamra
tax exemptions, full repatriation of capital and
region that houses corporate offices of clients from
profit, readily available labour, hassle-free
diverse industry segments. RAKIA is also developing
licensing procedures, excellent airport and seaport
warehousing/light industrial units complex of nine
facilities, and the absence of foreign exchange
units in the free zone and ten within the non-free zone
controls, trade barriers and quotas. Moreover, Ras
in Al Hamra. Moreover, workers’ accommodation and
Al Khaimah’s excellent infrastructure and logistic
studio flats are now ready for use.
support, competitive energy cost, easy access to
GCC countries, zero corruption and minimum
Other RAKIA projects that have been launched to
bureaucracy, stable government and investor
further boost Ras Al Khaimah’s business environment
friendly policies have added to the emirate’s global
include a 64 MW power plant in Al Ghail and another
appeal.
45 MW power plant in Al Hamra, which have both
recently been commissioned and put in operation.
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9. Team RAKIA - The World is Our Oyster
With a team of over 170 employees RAKIA is always ready to assist its valued investors. We are proud to have
professionals who are among the best in the industry. Each employee at RAKIA has an enviable track record of
expertise and efficiency.
So when you do business with us, be assured of highest level of efficiency and professionalism.
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10. RAKIA Performance Highlights RAKIA Industrial Park, which spans 22 million sqm
RAKIA growth and performance can be gauged by (leasable area) of which approximately 18 percent
taking a quick look at some of the relevant figures is Free-Zone. 5.4 million sqm has already been
below : leased out to 233 companies so far, of which 93
per cent are into manufacturing.
In response to Ras Al Khaimah’s growing
emergence as a top-choice business destination,
RAKIA established RAKOFFSHORE – and the
International Business Company (IBC) concept-
to address the growing demand for offshore
markets, while also complementing the emirate’s
ongoing economic diversification program.
RAKOFFSHORE is an innovative initiative that
establishes a true offshore facility and regulatory
body providing complete offshore non-resident
business registration and financial services through
Total No. of Licenses
registered agents, which mainly comprise reputed
law firms and chartered accountants or auditing
Up to 2009, 2571 companies were registered
companies. Currently there are more than 50
with RAKIA.
such agents on board with 3,000 companies.
The Non Free-Zone in Al Hamra, which has
The growth of RAKIA to a large extent is a reflection
a total area of 2.83 million sqm, has been
of Ras Al Khaimah’s success in introducing
completely leased out to 94 companies of which
reforms, formulating new laws and regulations
90 percent are from the manufacturing sector.
and enforcing policies that are in the best interests
of local, regional and international investors.
The Free-Zone at Al Hamra, which has a total
area of 1.89 million sqm, has been leased out to
about 103 companies, of which 89 percent are
from the manufacturing sector.
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11. Licenses
The licenses that have been issued by RAKIA depict
an ideal distribution among key sectors. For instance, Miscellaneous 5%
Russia/CIS 2%
22 percent of the licenses went to commercial Rest of M.E 20%
companies; 21 percent to industrial firms; 26 per India 28%
cent to consultancy & service companies; and
balance to trading and media companies. Over the USA 3%
years,RAKIA has also made significant investments
in technology to attract world class knowledge- Asia/SE Asia 8%
UAE 15%
based and high technology companies. Europe 19%
Overall Geographic Trend in Licenses
Media 10%
Food processing 2%
Industrial 21%
Trading 21% Metal products 32% Auto & related 3%
Wood products 5%
Electricals 6%
Rubber & plastics 7%
Commerical 22% Chemicals 10%
Consulting/Service 26%
Others 18% Building materials 17%
Overall Licenses Trend Sector Trends in Manufacturing
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12. RAKIA Valued Clients
Company Line of Activity From Investments Year
Pikko Steel Connectors Finland $10 mn 2009
Global Glass Solution Glass mfg Jordan $30mn 2009
Maico Gulf Ventilation system Germany -- 2009
POSCO Steel South Korea $35mn 2008
Becker Paints Paints Manufacturing France $20mn 2008
Novas Sealing Industrial Gaskets UK $10mn 2008
Kludi RAK Water Taps & Faucets Germany $30mn 2007
Kempe Engineering Industrial Equipments Australia $10mn 2007
Guardian Industries Float Glass USA $130mn 2006
Franke SS Kitchen Product Austria $55mn 2006
Ashok Leyland Bus & Truck Assembly India $50mn 2006
Kirby Steel Steel Kuwait $30mn 2006
Dabur India Herbal Products India $25mn 2006
RAK Ghani Glass Glass Containers Pakistan $25mn 2006
RAK Steel Steel Products India $25mn 2006
Mitsui Japan Heavy Fabrication Japan $150mn 2005
JBF RAK Polyester Chips & Films India $100mn 2005
Falcon Int’l Blue Ray DVD Switzerland $70mn 2005
Zamil Steel Steel KSA $35mn 2005
Duscholux Sanitaryware Fittings Germany $30mn 2005
Pioneer Cements Cement India $105mn 2005
Arc International Tableware France $100mn 2004
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13. RAKIA and Corporate Social Responsibility
We are committed to our people
At RAKIA, we firmly believe that our people are an and wherever possible we seek to protect and enhance
integral part of our success. We are committed to the sustainability of our surrounding eco- system.
training and mentoring our employees at every
stage, with employee welfare being the underlying
We are committed to the highest
objective. This commitment to continuous and long
term learning unlocks individual potential and standards
rewards achievement and performance. Ever since our inception, RAKIA has been committed
to the highest standards of quality and excellence, to
go with our emphasis on transparency in corporate
We are committed to our governance. The importance of maintaining superior
community quality standards is recognised by the entire RAKIA
Good corporate citizenship is central to our plans team, which has contributed to our overwhelming
and our vision for sustainable long term growth. We success and global appeal.
believe that our success must be measured against
the success of our society and the communities we
serve. We continue to develop and implement the
highest standards of Corporate Social Responsibility
in social and community oriented projects, which
complement the rapid progress in healthcare,
education and environmental sustainability.
We are committed to protecting
the environment
At RAKIA, we give utmost priority to environmental
conservation. We are constantly working to reduce
the impact of our operations on the environment by
looking for innovative technology and latest practices
to reduce adverse effects. Our developments are
subject to the most stringent environmental studies,
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15. RAKIA Industrial Park
Free Zones and Non Free Zones
NE
Located within in 45 minutes driving distance from
E ZO
Fujairah, Sharjah and Ras Al Khaimah, RAKIA
E
Industrial Park is best suited for both free zone &
non free zone companies registered with RAKIA. It
FR
has a dedicated power plant with a capacity of 64
MW and plot sizes starting from 5000 Sq.m and
above with the option to build factories, offices,
warehouses and labour accommodations within the
same plot. In addition, the self contained industrial
park will have warehousing facilities, common
workers’ accommodation, commercial centres
and public utilities. It is an ideal place for plastics
and rubber products, engineering goods, FMCG,
chemical industries, pharmaceuticals, packaging,
NE
warehousing, auto motive industries, construction
industries and many more.
Terms & Conditions
E ZO
Long term leases - up to 25 years
and renewable for similar period. F RE
ON
Lease rent as per tariff card.
Electricity connection charges as per
the tariff of FEWA/ Al Ghail Power. N
All utility charges as per consumption.
Maximum built up area up to sixty
percent of the total plot area.
Note: The detailed Map is provided as an insert
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16. Warehouses & Light Industrial Units
(LIUs) & Cold Storages
Terms & Conditions
Located in Jazeera- Al Hamra and Ras Al Khaimah On Annual Lease.
Khour Port, these pre-built units are best suited for Lease rent as per RAKIA tariff card.
warehousing & light manufacturing companies. Long term lease with fixed rent increments of 15%
Size of each slot within a unit is approximately once in 2 years.
311 sq.m and area of each unit is approximately Payment of full one year rental at the time of
10,000 sq.m. Each unit is provided with a minimum signing of the lease agreement.
electric load of 15 KW (additional load provided All utility charges like water & electricity are as per
on request) with labour / staff accommodations actual consumption and to be paid by the tenant.
constructed nearby. The warehouses have adequate Services and maintenance will be taken care of by
space for trailer and car parking. Cold storages RAKIA/RAK warehousing.
have compartmental chillers, freezers and auto-
ramp facilities.
Region Number of Units Dimension Height Avg. Size of each Slot
Jazeera-Al Hamra
Warehouse/ LIUs 19 12.4 x 25 Sq.m Middle- 6.5 m Side- 5 m 311.25 Sq.m*
Khour Port
7 54 x 36 Sq.m Middle- 10 m 1944 Sq.m
Warehouse/ LIUs
4 42 x 36 Sq.m Side- 8 m 1512 Sq.m
Cold Storage 2 42 x 36 Sq.m 6m 1512 Sq.m (divided into 7 compartments)
* Corner slots are smaller in size to accommodate common toilets
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17. Office Space
Located close to Emirates Road, Government offices Terms & Conditions
and a health centre, and within 45 minutes driving
distance from Dubai, RAKIA Office Space (Ground Area starting from 300 sq.ft.
plus one plus twelve floors twin tower) offers Lease rent as per tariff card
The lease term will initially be for two years,
glorious sea views and a cost effective and state of
renewable yearly with two months notice period
the art business space solution for services oriented
Utilities cost as per usage and to be paid by the
companies. With a total floor area of approx.
client.
29,000 Sq.m., it is ideal for commercial companies
looking for a fully linked digital office. It also hosts
world class educational institutions. offering business
and skill development courses for employees in the
region.
It offers a retail as well as commercial space. Space
is available for banks, ATMs, restaurant, super
market and food court on ground floor. It is centrally
air-conditioned and has parking space with round
the clock security services.
RAKIA offers flexi offices or shared work station and
executive offices. These are fully furnished office
space for SME’s available on short to long term
leases depending upon the needs of business. The
Business Centre itself offers other facilities including
meeting rooms, board rooms, teleconferencing
facilities, centralized printing, photocopying,
translation, guest services etc., Flexi Offices are
ideal for businesses, which need a fully functional
office, yet do not want to incur the capital expense of
setting up a fully functional office.
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18. COMMERCIAL COMMERCIAL COMMERCIAL
SPACE SPACE SPACE
Ground Floor
COMMERCIAL COMMERCIAL COMMERCIAL
SPACE SPACE SPACE
Upper Ground
Upper Floors 1-12 Floor
TOWER 2 TOWER 1
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19. Staff Housing
Centrally located inside Al Hamra Industrial Park, Terms & Conditions
RAKIA studio flats have 10 shops on ground floor Shop size starting from 110 sq.m and above.
with 160 studio apartments on the upper four floors Size approximately 33 sq.m.
with 24 hours security . Lease rent as per tariff card.
The lease term will be initially for two years,
renewable after every two years with 15% increase
in lease rent with 2 months notice period.
Utilities cost as per usage and to be paid by the
client.
Floor plan: Ground Floor
Typical Upper Floors (Studio Flats)
No. of Rooms/Area in each Floor
Floor Type No Of Rooms & Flats Approx. Area
Ground Floor Commercial Space 10 110 Sq.m
First Floor Studio Flat 41 33 Sq.m
Second Floor Studio Flat 41 33 Sq.m
Third Floor Studio Flat 41 33 Sq.m
Fourth Floor Studio Flat 41 33 Sq.m
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20. Executive Residences
In order to provide good and affordable living,
RAKIA has built Executive Residences. The residences
are centrally located with easy access to Emirates
Road, RAKIA Amenity Centre & Al Hamra Mall,
Industrial Zones, RAK City and nearby emirates.
The available living options include studio rooms,
1 BR & 2 BR Apartments. All the options come with
24 hours security, car parking facility, garden &
children area and are supported by a dedicated
management office.
Terms & Conditions
Available on annual basis (refer RAKIA tariffs). Yearly maintenance charges - 5% of the annual
The lease term will be initially for two years, lease rent.
renewable after every two years with 15% Utilities cost as per usage and to be paid by the
increase in lease rent with 2 months notice client.
period for renewal. Centralized Facility Management.
Studio One Bed Room Two Bed Rooms
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21. For Investor queries,
Call: + 971 7 206 8666
Fax: + 971 7 243 4464
E-mail: info@rakinvestmentauthority.com
www.rak-ia.com
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22. Starting a Business in RAKIA
RAKIA is ‘ONE STOP SHOP’ for all the investor needs, providing statutory support like issue of licenses and
company formation, project approvals, investor’s visa, design approvals and construction permits, occupancy
certificates etc. in addition to providing land for industrial activities, warehouses and industrial sheds, office
space, labour and executive residences.
Following steps are to be followed by a client to form a company in RAKIA
Select the type of company to be established i.e. Free Zone [Free Zone Establishment (FZE), Free Zone
Company (FZ-LLC) or Branch] or Non Free Zone [Single Owner, Limited Liability Company (LLC) or Branch]
Select the type of license depending on the type of activity e.g. Industrial, Commercial, Trading, General
Trading, Service or Media.
Select the facility required like land, plot, warehouse, LIU, office space, flexi desk, labour accommodation,
commercial centre, executive residences etc.
Fill up the application form and submit along with all necessary documents.
Once the application form is approved submit necessary fees for license/company formation, lease (if any)
and legal documents as per the registration type.
Difference Between Free Zone & Non-Free Zone
Key Differentiators Free Zone Non-Free Zone
Foreign Ownership 100% Foreign Ownership 51% Local Partner required
Income & Corporate Tax 100% Tax Free 100% Tax Free
Meant for export, however entities in Free Zones can
sell their products within UAE through local distribu-
Business Horizon Free to do business within UAE
tor or agent licensed in UAE. For such sales normal
custom duty is levied.
Capital & Profit Repatriation 100% Allowed 100% Allowed
Hiring of Expatriates No restrictions Local labor laws will apply
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23. Types of Licenses Issued by RAKIA
The type of license(s) depends on the type of activities.
License Type Activities Covered
Industrial License Manufacturing, processing, assembling, packaging etc.
Import, export, distribution, warehousing, trading (maximum five activities from similar
Trading License
product lines or three different activities from two different product lines).
General Trading All kinds of trading, import, export, warehousing and distribution of goods
Commercial License Activities covering contracting, repairing, maintenance, renting, shops, restaurants etc.,
Any type of management, business, industrial consultancy or professional services includ-
Consulting / Services License
ing real estate consulting.
Media License All kinds of media and communication services.
Types of Entities Registered Under RAKIA
Entity Type Explanation
This can be formed only by one shareholder, either an individual (a person) or a non-
Establishment (FZ/IZ)
individual (a company).
This type of company can be formed by a minimum of two or more partners. The
Limited Liability Company (FZ-LLC/LLC) partners can be individuals (people), non-individuals (companies) or a combination of
individuals and companies.
Licenses under this category are issued to companies holding a valid license from any
Foreign or Local Branch
licensing authority either in UAE or outside UAE.
Clients whose activities fall under different categories will be issued separate licenses for each category (e.g. a
licensee who is carrying out both trading and manufacturing will be issued two licenses, one for trading and
the other for manufacturing) whenever possible, a separate lease will be drawn for each activity.
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24. Setting-Up A Free Zone Company
Single Owner (Establishment) Two or More Partners Branch
(Limited Liability Company)
File application for license File application for license
File application for license
along with necessary along with necessary
along with necessary
documents for approval documents for approval
documents for approval
Name approval from Name Approval from In case any property Prepare the invoice for
RAKIA LEGAL section RAKIA LEGAL section is required, check license/ lease & submission
the availability of fees to Accounts Dept
Prepare the invoice for In case any property Prepare the invoice for
license/ lease & Submission is required, check license/ lease & Submission
of fees to Accounts Dept, of fees to Accounts Dept Preparation of license and
the availability Prepare the lease registration with Chamber of
contract Commerce*
Preparation/Signing of MOA
* * Issuance of bank letter
for opening Prepare the lease
contract Signing of license (by CEO)/
* * Issuance of bank letter for lease contract (by Legal/GM)
opening company account
* * Collection of Bank letter on
confirmation of depositing
minimum share capital
* * Collection of Bank letter on Issuance of license certificate
confirmation of depositing of incorporation & chamber
minimum share capital of commerce registration
Preparation of license and certification and lease
registration with Chamber contract
of Commerce*
Preparation of license and
registration with Chamber
of Commerce*
Signing of license (by CEO)/
lease contract (by Legal/GM)
Licensing & Leasing
Signing of license (by CEO)/ Department Activity
lease contract (by Legal/GM)
Legal Department Activity
Issuance of license certificate
of incorporation & chamber Accounts Department Activity
of commerce registration Issuance of certificate of
certification and lease incorporation, license, MOA * The Chamber of Commerce membership is mandatory
contract & chamber of commerce for Industrial licenses. For other licenses it is optional
registration certificate and ** Required for Industrial and Contracting companies only
lease contract
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25. Documents for Free Zone Companies
Single Owner Two or More Partners Branch
(Establishment) (Limited Liability Company) (Foreign/ Local)
Application Form Application Form Application Form
Business Plan (For industrial and trading Business Plan (For industrial
Business Plan (For industrial licenses)
licenses) licenses)
Professional & Experience Certificate Professional & Experience Certificate
(For professional /Consultancy/ (For professional /Consultancy/ Services Passport Copy of Owner/Manager
Services licenses) licenses)
Bank statement of the last 3months
Passport Copy of Owner/Manager Passport Copy of Owner/Manager
(Original)
Certificate of incorporation
* (Attested & Notarized)
Memorandum of Association &
Articles of Association
* (Attested & Notarized)
Board resolution to Set Up Branch
* (Attested & Notarized)
Power of Attorney Appointing
Representative
* (Attested & Notarized)
Additional documents may be submitted if required
*The documents from outside UAE are required to be attested or legalized by UAE or GCC or Arab embassies in
the country from which the documents originate.
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26. Setting-Up A Non Free Zone
Company
Single Owner (Establishment) Two or More Partners Branch
(Limited Liability Company)
File application for license File application for license
File application for license
along with necessary along with necessary
along with necessary
documents for approval documents for approval
documents for approval
Name Approval from Name Approval from In case any property
Economic Department Economic Department Prepare the invoice for
is required, check license/lease and submission
the availability of fees to Accounts dept.
Prepare the invoice for In case any property Prepare the invoice for
license/lease and Submission is required, check license/ lease & Submission Preparation of license and
of fees to Accounts Dept. the availability of fees to Accounts dept registration with Chamber of
Prepare the lease
contract Commerce, Economic dept
and Municipality
Preparation/Signing of MOA
Issuance of bank letter for
opening Company Account Prepare the lease
contract Signing of license (by CEO)/
Issuance of bank letter for lease contract (by Legal/GM)
opening company account
Collection of Bank letter on
confirmation of depositing
minimum share capital
Collection of Bank letter on Investor’s presence Issuance of license chamber
confirmation of depositing is required for of commerce and Economic
minimum share capital notarization of Dept registration certificate
Preparation of license and MOA in case of and lease contract
registration with Chamber local partner is not
of Commerce*, Economic RAKIA
dept and Municipality Preparation of license and
registration with Chamber of
Commerce*, Economic dept
and Municipality
Licensing & Leasing
Signing of license (by CEO)/ Department Activity
lease contract (by Legal/GM)
Legal Department Activity
Signing of license (by CEO)/
lease contract (by Legal/GM)
Accounts Department Activity
Issuance of license chamber
of commerce and Economic
Dept registration certificate Issuance of license
and lease contract chamber of commerce and
Economic Dept registration
certificate and lease
contract
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27. Documents for Non-Free Zone Companies
Single Owner Two or More Partners Branch
(Establishment) (Limited Liability Company) (Foreign/ Local)
Application Form Application Form Application Form
Business Plan (For industrial licenses) Business Plan (For industrial licenses) Business Plan (For industrial licenses)
Professional & Experience Certificate Professional & Experience Certificate Passport Copy of Owner/Manager or
(For professional /Consultancy/ (For professional /Consultancy/ Copy of the Book of Nationality (for UAE
Services licenses) Services licenses) National only)
Passport Copy of Owner/Manager Passport Copy of Owner/Manager or
Bank statement of the last 3 months
or Copy of the Book of Nationality Copy of the Book of Nationality (for
(Original)
(for UAE National only) UAE National only)
Bank certificate (for capital Bank certificate (for capital contribution) Certificate of incorporation
contribution) (Original) (Original) * (Attested & Notarized)
Memorandum of Association & Articles
of Association
* (Attested & Notarized)
Board resolution to Set Up Branch
* (Attested & Notarized)
Power of Attorney Appointing
Representative
* (Attested & Notarized)
Additional documents may be submitted if required
* The documents from outside UAE are required to be attested or legalized by UAE or GCC or Arab embassies in the country
from which the documents originate.
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28. Visa Procedures
Obtaining Visit /Employment Permit
STEP - 1 (ONLY FIRST TIME)
COLLECT: Your Company’s Immigration File Number from RAKIA
STEP – 2
SUBMIT: Visa Application Forms duly filled, copy of company License, valid passport copy along with two (2) passport sized colour
photographs (with white background) and the appointment letter of each applicant to RAKIA Operations & Personnel
Departments in order to obtain visa(s) approval (Please download following Visa Application Forms form www.rak-ia.com):
The term “company” includes “establishment”)
FORM A – Visa Check List
FORM B – Visa Declaration Form ( signed and stamped by CEO or authorized official)
FORM C- Visa Request Form
FORM D - Visa List
Declaration Letter ( signed and stamped by CEO or authorized official)
Work Contract (signed by the employee & CEO with company stamp)
SUBMIT: Visa(s) Fees to RAKIA Accounts Department
Note: For first time application, company needs to submit details of its authorized PRO along with his/her photograph,
valid residence visa copy and specimen signatures approved by the CEO/Manager of the company .
STEP – 3
TYPING: Get all your visa applications typed through a registered typing centre (company’s immigration file number is required)
SUBMIT: Typed application along with RAKIA approved documents and payment receipts for visas to RAKIA Visa Section for ob-
taining visit/employment permit
Note: For applying visit visas, please also submit bank guarantee and health Insurance for the applicant.
STEP – 4
COLLECT: Visit/ Employment Permit from RAKIA Visa Section
SUBMIT: Original visit/employment permit at the Airport at-least two (2) days before the arrival of concerned employee (RAKIA
also facilitates submission of visit/employment permit(s) at the Airport on request)
Note: The investor shall send one copy of visit/employment permit to the employee to facilitate his/her travel and
instruct employee to collect original at the Airport while entering UAE.
26 www.rak-ia.com

29. Obtaining Residence/ Work Visa
STEP - 1
TYPING: Get the medical and finger print documents of each employee typed through a registered typing centre
MEDICAL: Send relevant employee(s) for medical check up to a registered medical practitioner
COLLECT: Medical Report(s) through Em-post and get finger printing date for the concerned employee(s) from RAKIA Visa
Section in order to send them for finger printing
FINGER PRINT: Send the concerned employee(s) for finger printing (medical report is a must for finger printing)
Note: For both Medical and Finger printing you need typed applications, two photos, copy of employment
permit and passport copy of each employee (for finger printing you need medical report as well).
STEP - 2
TYPING: Get the Application for residence visa stamping typed through a registered typing centre
SUBMIT: Application for residence visa, along with medical / finger printing reports, 2 colored photographs (with white
background), original employment permit, and original passport of each employee to RAKIA Visa Section for get-
ting residence stamp on the Passport.
STEP - 3
SUBMIT: Letter stating that company assumes all responsibility for the passports of all its employees
COLLECT: Original Passport of each employee with a Residence Visa stamped for 3 years
www.rak-ia.com 27

30. Category Category Category Category Category
Cities of the Future Most Business Friendly Best Economic Potential Special Economic Zones of the Future Best Quality of Life
The verdict is out. Ras Al Khaimah Investment
Authority has been honoured by the prestigious
Financial Times Group with the FDi (Foreign Direct
investment) award for introducing RAK as the most
attractive investment destination in the Middle East.
The Award has been conferred after a thorough
evaluation on various benchmarks from sound
business strategy to exemplary service standard.
A honour of this stature for the world’s youngest
business hub in UAE speaks volumes for RAK
Investment Authority and consolidates our resolve
even further to put RAK on the global map of
enterprise, progress and growth
For Investor queries,
Call: + 971 7 206 8666
Fax: + 971 7 243 4464
E-mail: info@rakinvestmentauthority.com
www.rak-ia.com
28 www.rak-ia.com

33. RAKIA Office in Germany
Leiterin Buero Deutschland/Oesterreich
Rathenauplatz 2, 60313 Frankfurt
Tel: +49 69 95508951
RAK Investment Authority Fax: +49 69 95929696
Government of Ras Al Khaimah, P Box: 31291, U.A.E
.O. E-mail: info@rakiaeurope.com
Tel: + 971 7 206 8666 RAKIA Office in France
Fax: + 971 7 243 4464 29 Rue de Bassano, 75 008, Paris
E-mail: info@rakinvestmentauthority.com Tel: + 33 (0) 1 76 73 28 83
Fax: + 33 (0) 1 76 73 28 84
E-mail: e.rutman@rakinvestmentauthority.com
www.rak-ia.com