Advantages of establishing a company in the Ras Al Khaimah Free Zone, the Ras Al Khaimah Free Zone is considered one of the most prominent investment destinations that provides a suitable environment for investors wishing to establish new companies. This region offers many advantages that make it an interesting choice for those seeking to achieve success in the business world. Thanks to its advanced strategic location, the Ras Al Khaimah Free Zone allows investors to access major markets in the Middle East, Asia and Africa, which enhances their competitiveness and provides them with wide opportunities for expansion and growth.

Ras Al Khaimah Free Zone offers a range of benefits that support sustainable business growth. It provides a flexible and easy business environment that helps speed up the establishment process, making setting up a company in this zone a preferred choice for many investors. The free zone also offers extensive tax exemptions, which reduces operating costs and increases profitability for companies. In addition, the zone provides advanced infrastructure that includes office spaces, industrial and commercial facilities that meet the needs of different companies, from startups to large corporations.

By partnering with Itqan, investors can benefit from full support and professional guidance that facilitates the establishment process and ensures compliance with all regulations and legal requirements. This partnership provides investors with the local expertise and support needed to facilitate all aspects of starting a business, enhancing their chances of success in the market. With these advantages and opportunities, companies that choose to establish a company in the free zone in Ras Al Khaimah Free Zone can benefit from a favorable business environment that helps them achieve their business goals and expand into global markets.

The most important advantages offered by the Ras Al Khaimah Free Zone to investors

Ras Al Khaimah Free Zones are a preferred choice for investors seeking to benefit from an advanced business environment that supports growth and expansion. These zones provide an ideal business environment that enhances the chances of success thanks to a set of advantages that make them an attractive destination for businesses. Thanks to its strategic location and advanced facilities, Ras Al Khaimah Free Zone offers many benefits that contribute to facilitating and simplifying the establishment and operation processes. The most important advantages that Ras Al Khaimah Free Zone offers to investors:

• Comprehensive tax exemptions: Ras Al Khaimah Free Zone offers complete tax exemption on profits and income, reducing operating costs and increasing profitability for businesses.
• 100% Foreign Ownership: Foreign investors can fully own their companies without the need for a local partner, giving them complete control over the business and strategic decisions.
• Customs duty exemption: The free zone offers customs duty exemption on imports and exports, which enhances the competitiveness of companies and reduces costs associated with business activities.
• Simplified registration procedures: The free zone facilitates the process of company registration by simplifying bureaucratic procedures and reducing the time required to set up a business, allowing companies to get off the ground quickly and efficiently.
• Advanced Infrastructure: Ras Al Khaimah Free Zone includes modern facilities such as offices, warehouses and factories that support various commercial and industrial activities, providing a suitable and advanced work environment.
• Logistics Incentives: Companies benefit from the free zone’s strategic location near ports and airports, facilitating transportation and shipping operations and enhancing access to global markets.
• Freedom to transfer profits: The free zone allows the transfer of profits abroad without restrictions, which enhances the flexibility of financial transactions and enables companies to manage their funds effectively.

With these advantages, Ras Al Khaimah Free Zone provides an ideal environment for investors, facilitating and streamlining the establishment and operation processes and enhancing the chances of success in the market.

Procedures required to establish a company in the Ras Al Khaimah Free Zone

Ras Al Khaimah Free Zone is an ideal destination for investors looking to establish new companies, thanks to its attractive business advantages and advanced infrastructure. Establishing a company in this zone involves a series of procedures that ensure that the business starts smoothly and efficiently. Following the right steps not only ensures compliance with the legal requirements but also contributes to accelerating the establishment process and achieving success in the market. Below are the basic procedures required to establish a company in Ras Al Khaimah Free Zone: Procedures required to establish a company in Ras Al Khaimah Free Zone :

• Determine the type of business activity: The investor begins by determining the type of activity the company wants to carry out, as this affects the type of license required. The activity must be chosen in line with the approved activities in the free zone.
• Choosing a company name: The company must choose a trade name that complies with the free zone standards and is not similar to the names of other registered companies. It is preferable to check the availability of the required name through the free zone website or the registration office.
• Applying for a license: The investor must apply for the appropriate license for the type of activity he wishes to practice. The application includes submitting the required documents such as passports, proof of address, and the business plan.
• Preparing and signing a lease agreement: It is required to rent an office space or warehouse in the free zone. The lease agreement is signed with the free zone to ensure that the necessary space is available to operate the business.
• Opening a bank account: The investor must open a bank account for the company in one of the approved banks. This requires submitting the official documents of the company.
• Issuance of Trade License: After reviewing and approving the documents, a trade license is issued that allows the company to start its legal operations. The license includes all the details related to the activity and the license.
• Registering the company with local authorities: Although most of the procedures take place in the free zone, there may be a need to register the company with some local or economic authorities depending on the activity.
• Completing legal procedures: The investor must ensure compliance with all legal and procedural requirements related to establishing the company, including registration for taxes and social security if necessary.

By following these steps, investors can effectively establish their companies in the Ras Al Khaimah Free Zone, benefiting from the advantages and facilities offered by this distinguished investment destination.

Our company’s role in establishing a company in the free zone

Establishing a company in the Ras Al Khaimah Free Zone offers many advantages that make it a preferred destination for investors. By providing a favorable business environment and various facilities, the Ras Al Khaimah Free Zone contributes to accelerating the establishment process and ensuring the success of companies. The benefits offered by the zone include distinctive tax exemptions, which reduce operating costs and enhance profitability. The advanced infrastructure, from modern offices to warehouses and factories, provides important support for all commercial and industrial activities. These facilities allow companies to benefit from an integrated and flexible work environment.

Moreover, partnering with Itqan significantly improves the incorporation experience. Thanks to Itqan’s deep expertise and knowledge, investors can receive comprehensive support throughout the incorporation process. From guidance on legal procedures to assistance in dealing with local requirements, this partnership provides added value that helps simplify the incorporation process and ensures that companies comply with all regulations.

When you consider these advantages, it is clear that Ras Al Khaimah Free Zone offers investors a unique opportunity to start their businesses in a favorable environment that enhances the chances of success and growth. With tax facilities, advanced infrastructure and specialized professional support from Itqan, investors can achieve their business goals and achieve sustainable growth in local and international markets.

Frequently asked questions about establishing a company in the free zone