1. BUSINESS SETUP WITH
RAKIA IN FOUR SIMPLE
STEPS

2. Introduction
 Flag-ship venture of the Emirate of Ras Al Khaimah (RAK)
 RAKIA came into existence in 2005
 Entrusted with establishing the region as a successful hub for
purposes of trade and commerce together with the finest industrial
manufacturing units

3. Advantage RAKIA
 Single Window Clearance for all Permits & Consents
 100 % Foreign Ownership
 100 % Capital & Profit Repatriation
 No Foreign Exchange Controls
 No Restrictions on Hiring Foreign Employees
 Low Rental Costs for Apartments, Offices, Warehouses, Land, etc.

4. Process to Setup Business In RAKIA
 The conducive business climate makes setting up a business in
RAKIA, extremely quick and easy
 The entire process can be divided into Four Key Steps

5. Step 1
 Settle upon the nature of the
business entity that is to be
established
 One can choose between a
Free Zone and a Non-Free
Zone setup

6. Step 2
 Identifying the license category under which the business is to be setup
 Licenses can be categorized further as:
 Industrial License:
For manufacturing, processing, assembling, packaging etc
 Trading License
For Import, export, distribution, warehousing, trading
 General Trading
For all kinds of trading, import, export, warehousing and distribution of
goods

7. Step 2 (Contd.)
 Commercial License
For activities covering contracting, repairing, maintenance, renting,
shops, restaurants etc
 Consulting / Services License
For any type of management, business, industrial consultancy or
professional services including real estate consulting
 Media License
For all kinds of media and communication services

8. Step 3
 Ideate upon the activities that the firm is going to be actively involved in
 Provide 3 Naming options for the company and develop the company structure
 One must decide between the following:
 An Establishment
 A Branch of a UAE or a Local Company (BLC)
 Limited Liability Company (LLC) or
 the Branch of a Foreign Company (BFC)

9. Step 4
 Work out the rest of the minor yet important details:
 Capital Required
 Staff Accommodation
 Working Visa requirements
 Name and Number of Shareholders that have a stake in the
Company, etc

10. Conclusion
 All that remains is to make an online application and choose from the
friendly setup packages on offer to complete the formation process
 That’s it, YOU are now in the exalted company of 10000 satisfied
investors, 5000 onshore companies and 900 industrial units, a number
that is only bound to rise!

11. THANK YOU!