Establishing a company in Ras Al Khaimah Free Zone is an attractive strategic option for entrepreneurs and investors seeking to benefit from a favorable business environment and multiple advantages. Ras Al Khaimah Free Zone provides advanced infrastructure, supportive policies, and easy establishment procedures, making it an ideal destination for diverse business activities. In addition, specialized consulting companies such as Itqan Company provide vital support for company formation in Ras Al Khaimah Free Zone, ensuring that incorporation is achieved quickly and efficiently.
Itqan Company plays a pivotal role in facilitating the procedures for establishing companies in the Ras Al Khaimah Free Zone. First, the company provides comprehensive consultations to investors, helping them choose the type of company that best suits their business goals and determine appropriate strategies for growth. “Itqan” has extensive experience in the legal and administrative procedures related to establishing companies, ensuring that all necessary documents are prepared correctly and in a timely manner.
Itqan also works to provide integrated services that include preparing legal documents, such as the articles of incorporation and articles of association, in addition to submitting applications to obtain the licenses and permits required from the concerned authorities. This comprehensive support reduces administrative burdens on investors, allowing them to focus on developing their business and achieving their business goals.
Furthermore, Itqan provides ongoing support after the company is established in the free zone , including accounting services and human resources management, ensuring that the business runs smoothly and efficiently. Itqan is distinguished by its ability to provide customized solutions that meet the needs of each client individually, ensuring the best results for startups in Ras Al Khaimah Free Zone.
By choosing Itqan Company as a partner in the company establishment process, investors and entrepreneurs can benefit from deep experience and professional support to ensure the success of their business project and achieve excellence in the dynamic business environment in Ras Al Khaimah.
Company establishment service in Ras Al Khaimah Free Zone
Establishing a company in the Ras Al Khaimah Free Zone is considered a distinct option for many entrepreneurs and investors, thanks to the unique facilities and benefits offered by the free zone. Here is an overview of the company establishment service in Ras Al Khaimah Free Zone:
- Tax exemptions: Companies in the free zone enjoy complete exemption from personal income taxes and corporate taxes for a long period of up to 50 years, with the possibility of renewal.
- Ease of procedures: Ras Al Khaimah Free Zone is known for its quick and efficient company incorporation procedures, allowing the company to be established within a few days.
- Low costs: The free zone offers low establishment and operating costs compared to some other areas in the UAE, making it a good economic choice for startups.
- Advanced Infrastructure: The free zone provides an integrated infrastructure that includes logistical facilities, warehouses and modern offices, which supports companies in their daily operations.
- The basic steps to establish a company in Ras Al Khaimah Free Zone:
Choosing the type of company: The investor must determine the type of company to be established, such as a limited liability company (LLC) or a branch of a foreign company.
By choosing Itqan, investors can benefit from extensive experience and professional support to ensure that they establish their company quickly and efficiently in Ras Al Khaimah Free Zone.
Establishing a company in the free zone
Types of companies that can be established in Ras Al Khaimah Free Zone
| Type of Company | the description |
|---|---|
| Limited Liability Company (LLC) | A company that can be established by one or more people, and the partners\\\’ liability is limited to the amount of their shares in the capital. |
| Sole proprietorship | A company owned by only one person, who is solely responsible for all decisions, profits and losses. |
| Branch of a foreign company | A branch established for a company that already exists in another country, and operates in the same field of work as the parent company. |
| Private joint stock company | A company established by a group of investors, with its capital divided into tradable shares. |
Advantages of establishing a company in the free zone
Establishing a company in Ras Al Khaimah Free Zone offers many advantages that attract investors and entrepreneurs from around the world. Here\\\’s a look at the most important of these advantages:
- Full Foreign Ownership:
The free zone allows 100% full ownership by foreign investors, without the need for a local partner, giving them full control of their business. - Tax exemptions:
Companies in the free zone enjoy complete exemption from personal income taxes and corporate taxes for up to 50 years, with the possibility of renewal. It is also exempt from value added tax (VAT) in some cases. - Ease of establishment and quick procedures:
The free zone provides fast and effective procedures for establishing companies, enabling investors to start their businesses in a very short time. Most procedures can be completed within a few days. - Low costs:
The free zone has low establishment and operating costs compared to some other areas in the UAE, making it a good economic choice for startups. - Advanced Infrastructure:
Ras Al Khaimah Free Zone provides advanced infrastructure that includes advanced logistics facilities, warehouses, and modern offices, which supports companies in their daily operations.
By choosing to establish a company in Ras Al Khaimah Free Zone , investors can take advantage of these advantages to enhance the chances of their projects succeeding and achieving sustainable growth in an integrated and supportive business environment.
Documents required to establish a company in the free zone
To establish a company in Ras Al Khaimah Free Zone, you must submit a set of necessary documents that differ slightly depending on the type of company to be established. However, there are a set of basic documents that are generally required. Below is a list of documents required to establish a company in Ras Al Khaimah Free Zone:
- Copies of passports: Color copy of passport for all shareholders and directors.
- Personal photographs: Recent color personal photographs of all shareholders and directors (passport size).
- Business Plan: A document that describes the nature of the planned business, business objectives, and strategies.
- Proof of Address: Proof of residential address for all shareholders and directors (such as a utility bill or bank statement).
- Incorporation form and articles of association: The company’s incorporation documents, which include the incorporation form and articles of association.
By submitting these documents and completing the required procedures, investors can establish their company in the Ras Al Khaimah Free Zone and benefit from the many benefits that the free zone offers.
Costs of establishing a company in the free zone
Establishing a company in Ras Al Khaimah Free Zone requires a variety of costs that are divided into several basic aspects. Below are details of potential costs without mentioning specific prices:
- Establishment fees:
Initial registration fees: Includes company registration fees in the free zone.
Initial approval fees: Fees for obtaining initial approval to establish the company.
Document preparation fees: Costs of preparing, translating and documenting the documents necessary to establish the company. - License costs:
Trade license: The cost of obtaining a license to practice commercial activities.
Professional/Industrial Licensing: Fees for obtaining licenses for professional or industrial activities, depending on the type of work. - Facility Rental:
Office Rental:
Virtual Offices: An economical option for small businesses and startups.
Medium-sized offices: Suitable for medium-sized companies.
Large offices: Designed for large companies that require large spaces.
Rent of warehouses and industrial units: Costs of renting space required for storage or industrial production. - Additional services costs:
Accounting and financial services: Costs of obtaining accounting and financial services to manage the company\\\’s finances.
Human Resource Management: Costs of human resources management services, such as recruitment, payroll, and personnel management.
Legal Services: Fees for legal consultations and related services.
Logistics: Logistics costs such as shipping, warehousing, and transportation.
IT Services: The costs of obtaining IT services and the necessary technological infrastructure. - Visa costs:
Employee visas: Costs of issuing work visas for foreign employees.
Residence visas: Costs of issuing residence visas for business owners and their families.
By establishing a company in Ras Al Khaimah Free Zone, investors can benefit from many benefits such as full foreign ownership and tax exemptions, as well as lower operational costs compared to some other regions, making it an attractive option for startups and international investors.
Establishing a company in the free zone
Our service in establishing your company in Ras Al Khaimah
Itqan Company provides a comprehensive range of services to help investors and entrepreneurs establish their companies in the Ras Al Khaimah Free Zone. These services include many steps and procedures that ensure the establishment of the company quickly and efficiently, in addition to providing ongoing support after establishment. Here is a look at the most prominent services of Itqan Company:
- Legal and administrative consultations:
Legal consultations: Providing specialized legal advice on local laws and regulations related to the establishment of companies.
Management guidance: Assisting investors in making strategic decisions about company structure and type. - Preparing documents and licenses:
Preparing legal documents: Preparing all necessary legal documents such as the articles of association, articles of association, and business plan.
Submitting applications: Submitting the necessary applications to obtain commercial licenses and approvals from government agencies. - Registration and government procedures:
Official registration: Follow up on company registration procedures in the Ras Al Khaimah Free Zone and ensure that all requirements are met.
Communication with government agencies: Acting as an intermediary between the investor and government agencies to ensure facilitation of procedures and speed up the process. - Opening a bank account:
Assistance in opening a bank account: Providing support in choosing the appropriate bank and preparing the documents required to open the company’s bank account. - Searching for a location and providing facilities:
Searching for an office or commercial space: Help in finding the appropriate location for the company’s business within the free zone.
Facilities preparation: Providing and equipping basic facilities such as offices, warehouses, and industrial units.
Through these integrated services, Itqan ensures that the establishment of the company in the Ras Al Khaimah Free Zone is carried out smoothly and efficiently, allowing investors to focus on growing their business and achieving their business goals.
Your company in Ras Al Khaimah
The process of establishing a company in Ras Al Khaimah Free Zone is a strategic choice for many investors and entrepreneurs looking for a favorable business environment that supports growth and expansion. Ras Al Khaimah Free Zone offers a range of unique benefits that include tax exemptions, full foreign ownership, advanced infrastructure, and easy access to regional and global markets. All these factors make Ras Al Khaimah an ideal destination for establishing companies in various sectors.
In this context, Itqan Company plays a vital role in facilitating the process of establishing companies and providing comprehensive support to investors. Thanks to its extensive experience and specialized team, “Itqan” provides a full range of services that include legal and administrative consultations, preparing the necessary documents, obtaining licenses, and facilitating government procedures. In addition, the company provides ongoing post-incorporation support that includes accounting, human resources management and marketing services, ensuring the business runs smoothly and efficiently.
Choosing Itqan Company as a partner in establishing the company ensures that investors receive professional guidance and specialized expertise, which reduces potential challenges and increases the chances of success in the competitive business environment. The support provided by Itqan extends to all aspects of establishing and operating the company, allowing business owners to focus on achieving their goals and developing their projects with confidence and safety.
In short, establishing a company in Ras Al Khaimah Free Zone with the help of Itqan Company represents a smart step towards achieving success and prosperity in the UAE and global labor market. By combining the unique advantages of the free zone with the comprehensive support provided by Itqan , investors can achieve tangible progress and grow their businesses effectively and sustainably. Cooperating with a specialized company like Itqan ensures that business goals are achieved efficiently, and makes establishing the company a smooth and fruitful experience.
Frequently asked questions about the service of establishing a company in the Ras Al Khaimah Free Zone
What are the first steps to take to establish a company in Dubai South?
The investor must first choose the appropriate company type for his business, such as a limited liability company, sole proprietorship, or joint stock company.
What are the different types of companies that can be established in Dubai South?
Different companies can be established, such as sole proprietorships, two-person companies, limited liability companies, and joint stock companies.
What documents are necessary to submit an application to establish a company?
Legal documents such as the articles of incorporation, the company’s articles of association, and the necessary permits and licenses from the relevant authorities must be submitted.
