Overview of Ras Al Khaimah Free Zone
Located in the heart of Ras Al Khaimah in the UAE, the RAKES (Ras Al Khaimah Economic Zone) is a dominant industrial and industrial hub. In the same vein, this free zone offers tailored solutions to free trade zones and non-freezone companies. Therefore, the first step to settling here is to take advantage of our business setup in Ras Al Khaimah Freezone.
In Connect Group we are the partner that will support your business in the incorporation process from start to finish and beyond. In other words, we support SMEs, startups, industrialists, and entrepreneurs by providing them with a comprehensive range of services and licenses, top-leading support solutions, and visa facilitation.
Our main focus is to make you start your business in the UAE as easy as possible while staying compliant with the UAE’s regulations and rules.
This free zone was created by the Ras Al Khaimah government.
We always place our partners first with everything we do. That is to say, with our company formation in Ras Al Khaimah Freezone we offer cost-effective set-up packages, first-class services, modern facilities to help you reach your full potential. On the other hand, RAKEZ is the perfect link between the markets of; the Middle East, Europe, Central and South Asia, and North Africa.
Establishing your business in the Ras Al Khaimah Free Zone
Setting up your business in the Ras Al Khaimah Economic Zone is a smooth and effortless task, in Connect Group with our innovative business setup in Ras Al Khaimah Free Zone we abide by all lawful procedures and documentation processes.
On the other hand, RAKEZ provides full foreign ownership, a tax-free environment, freedom to source materials and labor globally, ongoing business support services, and fast-track visas. Likewise, the Free Zone encourages investors and provides incentives at lower costs; being one of the most cost-effective emirates in the UAE.
The RAK Free Zone was created in May 2000. In the same vein, this area has around four Free Zone parks in Ras Al Khaimah. That is to say, an industrial park for heavy manufacturing, a business park for office clients, an academic zone for educational institutions, and a technology park for trading and light manufacturing. Likewise, it has representative offices in India, Germany, and Turkey.
How can Connect Group assist you to set up in Ras Al Khaimah Free Zone?
Ras Al Khaimah Free Trade Zone Authority usually runs discount campaigns and promotions for the trade license in Ras Al Khaimah Free Zone. Similarly, these prices are reasonable, they start from AED 8,000 for a zero-visa media business.
In addition to that, if you wish to save money in the long run; you can register with a 3-year package. Similarly, in this case, the discount will be 25%. Besides that, all resident visas under the organizations are free of charge.
RAKEZ is about a 1-hour drive from Dubai. In the same vein, more than 12,000 companies from more than a hundred countries have invested in the Free Zone; this represents more than 50 industries in the UAE.
In Connect Group with our company formation in Ras Al Khaimah Free Zone services; you will have a first-class solution for all your business requirements.
With us the trade license in Ras Al Khaimah Free Zone obtaining process becomes easy. And as we mentioned earlier, the UAE offers a pro-market environment with full foreign ownership, several business incentives, and 0% income or corporate tax for all types of businesses.
With our company formation in Ras Al Khaimah Free Zone solutions, you can complete this process in one week. Our packages start with zero visas and go up to 4 visas if you are renting a ready-made office. But if you rent a warehouse; your business becomes eligible for more visas since you will need to hire more workers.
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If your business chooses the do-it-yourself approach; the first thing you must undertake is to set up a local entity via registration and incorporation. However, this will be an expensive and consuming process, requiring accounting and skilled legal support to ensure the most important thing in this area; compliance.
Similarly, of course, there are some businesses that can bear the cost and time of setting up a branch office; but there are some instances where taking advantage of a local EOR service provider like us is a better option. In addition, we have an already existing legal entity that will handle immigration and labor requirements in the UAE. Further, we have massive expertise being the intermediary between the organization and its workers; ensuring full compliance with all regulations and laws.
In the UAE, immigration policies and regulations are constantly changing. Moreover, there is more scrutiny by the government regarding visas, types of organization activities, and work permits. Thus, this makes compliance the most important challenge for relocating businesses since immigration violations have several consequences for a business and the involved.
However, instead of risking non-compliance issues with the immigration authorities; many businesses decide to work with us through our EOR and PEO services. Likewise, with this practice, your staff working in the UAE will have no problems with the overuse of business visas, multiple entries, and remote payroll. That is to say, we will handle all visa and work permit necessities and avoid complications from the immigration authorities.
Most countries will mandate businesses with workers on assignment to manage a payroll complying with the local standards and a registered entity. Similarly, this practice of “remote payroll” is not always allowed, especially for long-term assignments.
Likewise, a key aspect of doing businesses in the UAE is the withholding and calculation of the different pay deductions, such as health insurance, taxes, and pensions. We take care of these crucial areas; ensuring full accurate compliance for all your business workers. EOR and PEO services are your best employment solution; we provide the needed legal entity to run payroll with experience in tax regulations. Therefore, ensuring an issue-free process with the local authorities.