Setting up your business in UAE - RAKEZ is a most economical Free trade zone which allows foreign companies to set up companies with 100% ownership. You do not need a local partner to operate a business in UAE. You can have a virtual office, co-working office, private office, Manufacturing unit, trade office, etc.
3. RAS AL KHAIMAH ECONOMIC ZONE 3
RAS AL KHAIMAH ECONOMIC ZONE 3
1. NEAR TO THE EXISTING CUSTOMERS
2. EASY TO FIND NEW CUSTOMERS
3. PARTICIPATE IN TRADE SHOW AT LOWER COST
4. LESS PAPERWORK
5. EASE OF DELIVERY OF GOODS
6. EASE OF RECEIVING PAYMENT
7. BUYER PREFERS LOCAL SUPPLIERS THAN OVERSEAS
8. RECEIVE RESIDENCY VISA AND/OR CITIZENSHIP
WHY OVERSEAS PRESENCE FOR INDIAN EXPORTERS IN
2022?
4. RAS AL KHAIMAH ECONOMIC ZONE 4
RAS AL KHAIMAH ECONOMIC ZONE 4
1. Expansion of business
2. Foreign education fees reduced by 80%
3. Quality of life
4. Visa on arrival
5. Tax planning
6. Secure retired life
7. Diversification of portfolio
8. Reunion with family
9. Secure your child’s future
10.Become a NRI
ADVANTAGE OF RESIDENCY VISA OF OTHER COUNTRY
5. RAS AL KHAIMAH ECONOMIC ZONE 5
RAS AL KHAIMAH ECONOMIC ZONE 5
UAE
These seven emirates are –
1) Abu Dhabi
2) Dubai
3) Ajman
4) Fujairah,
5) Ras Al Khaimah ->>>>
6) Sharjah
7) Umm AI Quwain
Abu Dhabi is the nation’s capital
dubai, the most populous city, is an international hub.
6.
7.
8.
9. RAS AL KHAIMAH ECONOMIC ZONE 9
RAS AL KHAIMAH ECONOMIC ZONE 9
CONTENT
1) Ras Al Khaimah Overview
2) Starting a business at RAKEZ
3) Exclusive SME Packages for Shuraa
4) Co-Working
5) Documents Required for set-up
6) License Types & Products for SME’s
7) Documents issued by RAKEZ
8) Industrial Facilities- Warehouse & Land
10. 10
His Highness Sheikh
Saud bin Saqr Al Qasimi
UAE Supreme Council Member and
Ruler of Ras Al Khaimah
RAS AL KHAIMAH
SUPPORTED BY A
VISIONARY LEADER
A THRIVING BUSINESS
DESTINATION
THE NORTHERNMOST
EMIRATE IN UAE
GCC’S CAPITAL OF
TOURISM 2020
11. RAS AL KHAIMAH ECONOMIC ZONE 11
RAS AL KHAIMAH ECONOMIC ZONE 11
LESS THAN AN HOUR’S DRIVE FROM DUBAI INT’L AIRPORT
4-HOUR FLIGHT TIME
TO 31% OF THE WORLD’S POPULATION
8-HOUR FLIGHT TIME
TO 76% OF THE WORLD’S POPULATION
12. RAS AL KHAIMAH ECONOMIC ZONE 12
RAS AL KHAIMAH ECONOMIC ZONE 12
MARKETPLACE AND SUPPLY CHAIN OF 45,000 COMPANIES
INTERNATIONAL BUSINESS STANDARDS
WORLD'S FASTEST COURTS IN SETTLING TRADE ISSUES
RAS AL KHAIMAH – A THRIVING BUSINESS DESTINATION
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GDP COMPOSITION (RAS AL KHAIMAH)
DIVERSIFIED ECONOMY
CHOICE OF COMMERCIAL DISPUTE RESOLUTION UNDER UAE
LAW OR COMMON LAW THROUGH DIFC COURTS
EASY ACCESS TO A POOL OF TALENTS
ACCESS TO THE UAE ECOSYSTEM
14. SUBSTANTIAL LOGISTICAL
ADVANTAGES
RAK PORT
AL JAZEERA PORT
SAQR PORT
AL JEER PORT
RAK AIRPORT
4 SEA PORTS
Cargo Capacity 80m tones
INTERNATIONAL AIRPORT
Cargo Capacity 12,000
SUPER-HIGHWAYS
Superior Connectivity
ETIHAD RAIL
1,200 km Railway Network
15. RAS AL KHAIMAH ECONOMIC ZONE 15
RAS AL KHAIMAH ECONOMIC ZONE 15
100% foreign ownership for
manufacturing and industrial
or
InassociationwithaUAEPartner(51%/49%)
NON-FREE
ZONE ENTITY
100% ownership
No customs duties on imported and re-
exported goods
FREE ZONE ENTITY
OPTIONS OF STARTING A BUSINESS IN RAS AL KHAIMAH
16. SOLUTIONS TO SUIT EVERY NEED
AIRPORT PORTS STANDARD & COLD STORAGE
SCHOOLS & UNIVERSITIES
HOTELS & PROPERTIES
COMMERCIAL OFFICES INDUSTRIAL LAND
WAREHOUSES
17. Repatriation of Capital & Profits
100%
Foreign Ownership for Manufacturing in Non-Free Zone Areas
100%
0% Corporate & Personal Tax
0%
Lower Development Cost than Regional Average
10%
Value Added Tax
5%
Up to 50% Lower Business Operating Cost than Regional
Average
50%
Double Taxation Agreements
115
BENEFITS TO
MAXIMISE
PROFITS
Foreign Ownership in Free Zone Areas
100%
18. DOING BUSINESS IN RAS AL KHAIMAH IS AS EASY AS 1, 2, 3
ONE-STOP SHOP
SOLUTION FOR
ALL GOVERNMENT
NEEDS
CUSTOMISED
SOLUTIONS AND
PACKAGES
LICENCE ISSUANCE IN 1
DAY AND 3 DAYS FOR
INDUSTRIAL CASES
TRANSPARENCY
ALL THE WAY
19. RAS AL KHAIMAH ECONOMIC ZONE 19
RAS AL KHAIMAH ECONOMIC ZONE 19
25-50%
LOWER
THAN NEIGHBOURING
REGIONS
COST OF SETTING UP A BUSINESS
COST OF RUNNING A BUSINESS
COST OF LIVING
COST-EFFECTIVENESS & OPTIMISATION
20. RAS AL KHAIMAH ECONOMIC ZONE 20
RAS AL KHAIMAH ECONOMIC ZONE 20
DIVERSE LICENCE TYPES TAILORED
TO FIT YOUR BUSINESS NEEDS
E-COMMERCE
Trading in goods and services
via electronic means
EDUCATIONAL
Opening an education-related
institution or consultancy company
GENERAL TRADING
Trading in
multiple goods
MEDIA
Operating media-related
business activities
INDUSTRIAL
Manufacturing, importing,
packaging and exporting products
PROFESSIONAL
For individuals who provide
professional services
SERVICE
Conducting services or
consultancies across any industry
COMMERCIAL
Trading in services
and goods
21. RAS AL KHAIMAH ECONOMIC ZONE 21
RAS AL KHAIMAH ECONOMIC ZONE 21
SME PACKAGE
1. ONE VISA PACKAGE (COMMERCIAL/SERVICES LICENSE) ALL INCLUSIVE @AED 17,785 =RS. 391270
Particulars
Dubai Northern Emirates
Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3
License Fee
(Commercial/Services
excluding General Trading)
13,900 12,900 12,900 17,900 17,900 17,900 15,175 15,175 15,175
Immigration file - - - 2,000 2,000 2,000 1,575 - -
Immigration pre-approval 100 - - - - - 525 - -
Visa Cost
Free Visa (1
cycle)
- - Free - - Free - -
Medical & EID 700 - - 700 - - 670 - -
E-Channel Fees 2,200 1,200 1,200 NA - - 2,525 1,250 1,250
Change of Status 885 - - 1,600 998
Total Package with Visa 17,785 14,100 14,100 22,200 19,900 19,900 21,468 16,425 16,425
Total 3 Years cost 33,900 (further discounted multiple years) 62,000 54,318
Mix & Match of activities permitted
22. RAS AL KHAIMAH ECONOMIC ZONE 22
RAS AL KHAIMAH ECONOMIC ZONE 22
2. E-COMMERCE-0 VISA PACKAGE @AED 5,500
PROVISION TO ADD COMMERCIAL/SERVICES/MEDIA LICENSE (ANY 1 ACTIVITY)
@AED 5,500 = RS. 121,000
Particulars
Dubai Northern Emirates
Year 1 Year 2 Year 3 Year 1 Year 2 Year 3 Year 1 Year 2 Year 3
License Fee 5,500 5,500 5,500 11,900 11,900 11,900 5,750 5,750 5,750
Immigration file - - - 2,000 2,000 2,000 1,575 - -
Immigration pre-approval 100 - - - - - 525 - -
Total Package Cost 5,600 5,500 5,500 13,900 13,900 13,900 7,850 5,750 5,750
23. OFFICES, DESK,
MEETING ROOMS,
COFFEE SHOP,
RECORDINGSTUDIO,
TRAINING VENUES,
COMMUNITY GARDEN,
TERRACE, MINI GOLF,
NETWORKING AREAS
& MANY MORE!
CO-WORKING
Video
25. RAS AL KHAIMAH ECONOMIC ZONE 25
RAS AL KHAIMAH ECONOMIC ZONE 25
RAKEZ LEGAL CONSULTANCY LICENSE
▪ License Type: Services
▪ Activity: Legal Consultancy
▪ Addition to package cost: RAK Courts Approval @AED 1,150
▪ Extremely easy & fast processing for NOC from RAK Courts
Serviced Office Standard office Exec Office
Visa Eligibility 2 4 4 8
Total Package price 20,000 22,000 24,000 31,000
26. RAS AL KHAIMAH ECONOMIC ZONE 26
RAS AL KHAIMAH ECONOMIC ZONE 26
RAKEZ HOLDING COMPANY PACKAGE
Objectives of Holding Company
▪ Holding shares or an interest in a body corporate, including its Subsidiary
• Providing loans, guarantees or finance to its Subsidiary
• Owning immovable assets such as real estate
• Managing its Subsidiary;
• Owning assets such as intellectual property rights
• Carrying out the business of a family company
Serviced Office Standard office Exec Office
Visa Eligibility 2 4 4 8
Total Package price 10,535 13,535 17,535 23,580
27. RAS AL KHAIMAH ECONOMIC ZONE 27
RAS AL KHAIMAH ECONOMIC ZONE 27
RAKEZGENERALTRADINGLICENSE
SMEPackage
General Trading activity falls under ESR, which mandates it to be take with a physical facility
RAKEZ General Trading package includes the cost for a serviced office/physical office
Bank account opening is easy & assured, as banks can come to inspect the office facility which will have the company
nameboard outside
It is impossible to open bank accounts for General Trading on flexi facilities, based on feedback RAKEZ received from it’s
partner banks
General Trading License RAKEZ Dubai
Serviced Office
2 Visa
26,000 37,340
Serviced Office
4 Visa
28,000 41,340
Standard Office
4 Visa
30,000 46,140
Executive Office
8 Visa
38,000 59,900
General Trading License RAKEZ Dubai
Serviced Office
2 Visa
17,721 37,340
Serviced Office
4 Visa
19,521 41,340
Standard Office
4 Visa
19,311 46,140
Executive Office
8 Visa
25,011 59,900
BusinesswomenPackage
28. RAS AL KHAIMAH ECONOMIC ZONE 28
RAS AL KHAIMAH ECONOMIC ZONE 28
FREE LANCER – 90 ACTIVITIES TO CHOOSE FROM
Permit Visa Eligibility 1 Year AED 2 Years AED
Freelance Permit 0 6,000 10,800
Freelance Permit
Businesswomen
0 3,600 6,480
General Permit Visa Eligibility 1 Year AED 2 Years AED
Freelance Permit
1
6,535 11,835
Pre-Approval 100 100
Visa 2,420 2,970
E-Channel 2,200 2,200
Medical+ EID 670 670
Status Change 885 885
TOTAL COST 12,810 18,660
Women Permit Visa Eligibility 1 Year AED 2 Years AED
Freelance Permit
Businesswomen
1
3,921 6,480
Pre-Approval 100 100
Visa 2,420 2,970
E-Channel 2,200 2,200
Medical+ EID 670 670
Status Change 885 885
TOTAL COST 10,196 13,305
29. RAS AL KHAIMAH ECONOMIC ZONE 29
RAS AL KHAIMAH ECONOMIC ZONE 29
RAKEZ VALUE ADDED SERVICES
Bank Account Opening
Accounting Services starting
Compliance Services
VAT Registration Services
30. RAS AL KHAIMAH ECONOMIC ZONE 30
RAS AL KHAIMAH ECONOMIC ZONE 30
DOCUMENTS REQUIREMENT
▪ Below is a summary of the documents requirements needed to initiate the business set-up process.
▪ 1. Passport copies of each individual (Shareholder/s and General Manager)
▪ 2. Residence Visa/last entry-exit stamp to the UAE/Tourist Visa copy (Shareholders and General Manager)
▪ 3. Passport-sized photograph with white background (Shareholders and General Manager)
▪ 4. Company Activity
▪ 5. Business Plan for selected activities
▪ 6. 3 Names of the Proposed Company
▪ In case of a Branch/Subsidiary setup, the below documents are required :
▪ 1. Memorandum of Association ( Attested from UAE Consulate from Home Country )
▪ 2 . Article of Association ( Attested from UAE Consulate from Home Country )
▪ 3. Certificate of Incorporation ( Attested from UAE Consulate from Home Country )
▪ 4. Board Resolution ( Attested from UAE Consulate from Home Country )
▪ 5. Certificate of Good Standing Or List of Directors and IT Returns .
31. RAS AL KHAIMAH ECONOMIC ZONE 31
RAS AL KHAIMAH ECONOMIC ZONE 31
LICENSES
32. RAS AL KHAIMAH ECONOMIC ZONE 32
RAS AL KHAIMAH ECONOMIC ZONE 32
PRODUCTS FOR SME’S
Co-working & Serviced
Offices
Free Lancer
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
Physical Offices
Media
Commercial
Services
Ecommerce
Educational
General Trading
33. RAS AL KHAIMAH ECONOMIC ZONE 33
RAS AL KHAIMAH ECONOMIC ZONE 33
CO-WORKING & SERVICED OFFICES
0 Visa
Co Working
Free Lancer
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
1 Visa
Co Working
Free Lancer
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
2 Visa
Co Working and
Serviced Office A
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
4 Visa
Serviced Office B
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
34. RAS AL KHAIMAH ECONOMIC ZONE 34
RAS AL KHAIMAH ECONOMIC ZONE 34
OFFICES
ServicedOffice A: An office which is 3- 6 SQM in size and allows you to apply for two visa( flexibility) and client choosing
due to Fulfil ESR requirements and also for bank account opening requirement.
ServicedOffice B: An office which is 6-8 SQM in size and allows you to apply for four visa( flexibility) and client choosing
due to Fulfil ESR requirements and also for bank account opening requirement.
Standardoffice : An office which is 5-16SQM in size and allows you to apply for four visa( flexibility) and due to Fulfil ESR
requirements and also for bank account opening requirement. And as per the new policy of RAKEZ standard office is
mandatory for GT and client need to be active.
Executive office: An office which is 16.1- 24 SQM in size and allows you to apply for 8 visa( flexibility) and mainly active
clients are opting the option because the employees are working based from office
Bespoke : Any office more than 24 SQM is considered as a bespoke and its an open space where the client need to do
the interior. Ans every 4 SQM he client is eligible for on visa. This facility can be a shell and core facility as well.
2- Product Description
35. RAS AL KHAIMAH ECONOMIC ZONE 35
RAS AL KHAIMAH ECONOMIC ZONE 35
PHYSICAL OFFICES
4 Visa
Standard Office
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
General Trading
8 Visa
Executive Office
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
General Trading
> 6 visa
Bespoke
Media
Individual Professional
Commercial
Services
Ecommerce
Educational
General Trading
36. RAS AL KHAIMAH ECONOMIC ZONE 36
RAS AL KHAIMAH ECONOMIC ZONE 36
DOCUMENTS ISSUED BY RAKEZ
▪ The following documents are issued to the client upon the release of the license.
▪ Certificate of Incorporation
▪ E-License
▪ E-Partner List
▪ E-Bank Letter
▪ Acceptance Letter from the New Manager ( Signed if the manager is different from Shareholders )
▪ Client Confirmation Letter
▪ Co-working Lease Agreement ( For Shared Office )
▪ Lease Agreement ( For Serviced Office & Dedicated Office )
▪ Key Handover (in case of physical facility)
Documents Issued
37. RAS AL KHAIMAH ECONOMIC ZONE 37
RAS AL KHAIMAH ECONOMIC ZONE 37
SNAPSHOT: INDUSTRIAL PACKAGES
BESPOKE VALUE ADDED PRODUCT PACKAGES TO MEET ALL YOUR FACILITY, VISA AND BUSINESS NEEDS
38. RAS AL KHAIMAH ECONOMIC ZONE 38
RAS AL KHAIMAH ECONOMIC ZONE 38
AL GHAIL INDUSTRIAL ZONE
INDUSTRIAL ZONES CATERING
TO YOUR NEEDS
AL HAMRA INDUSTRIAL ZONE AL HULAILA INDUSTRIAL ZONE
3
39. RAS AL KHAIMAH ECONOMIC ZONE 39
RAS AL KHAIMAH ECONOMIC ZONE 39
SELECTION OF OUR SUCCESSFUL CLIENTS
Streit Group
(Manufacturing)
KNAUF
(Manufacturing)
Projector Lamp House
(Consumer Electronics)
Eurocap
(Manufacturing)
Oren Hydrocarbons
(Chemicals)
Alokozay
(FMCG)
Guardian
(Manufacturing)
Switching Automation Systems
(Energy)
Knightrider Technologies
(Manufacturing)
Ashok Leyland
(Automotive)
Kirby
(Manufacturing)
Franke
(Manufacturing)
PowerBar
(Engineering)
Zamil Steel
(Manufacturing)
Vesuvius
(Manufacturing)
Saver Glass
(Manufacturing)
Eternity Technologies
(Automotive)
Spatial Composites
(Manufacturing)
Ahmad Tea
(FMCG)
Nihon Mesh Kogyo UAE
(Manufacturing)
40. RAS AL KHAIMAH ECONOMIC ZONE 40
RAS AL KHAIMAH ECONOMIC ZONE 40
Q & A
https://ajmeralaw.com/country/uae-business-visa
THANK YOU FOR YOUR TIME
▪AJMERA LAW GROUP
▪Contact detail:
▪Mo: +91 9974253030
▪Email: info@ajmeralaw.com
▪Web: www.ajmeralaw.com
▪Follow up by:
▪Ms. Bina Avasatthi
▪Mo: +91 91 90990 11869