27.8 C
New York
Thursday, July 25, 2024
advertisement

RAKEZ Free Zone Company Formation in UAE

The Ras Al Khaimah Economic Zone (RAKEZ) is a thriving commercial and industrial center. It is a business licensing organization that provides flexible options for non-free zone firms in a global community that thrives in a more than 50 industries for UAE company formation.

RAKEZ, established by the Ras Al Khaimah government, is one of the biggest economic zones in the area, assisting industrialists, SMEs, startups, and startups with their business formation procedures and needs.

Why choose BCL for incorporating your entity in RAKEZ Freezone?

We offer you unmatched service for incorporation because we are a recognized channel partner with RAKEZ. To make sure you pick the best free zone and set up your business in a way that satisfies your unique needs and goals, we undertake research and offer you expert assistance. We make sure the process is hassle-free and give you the most recent information available.

How RAKEZ is Beneficial for entities looking to set up their base in UAE?

Quick & Easy Incorporation

It is simple and very easy incorporate a entity in RAKEZ.

Very Cost effective for 1 Activity with 1 Shareholder

For those who have one activity and one shareholder, RAKEZ offers the lowest pricing for business formation in the entire United Arab Emirates. Just AED 13,500 will do!

Discounted pricing packages

RAKEZ offers a variety of yearly packages ranging from 2 to 5 years, therefore paying the annual license price only once for a period of 3 years will result in a discount of up to 33% on the total cost.

Physical Presence

Shareholders DO NOT need to be present physically during the setup process.

No Physical Office

Opening a banking account and the company setup process don’t require a physical office.

Zero Paid Up Share Capital

Easily start your business without laying down large sums of money. Start how you want and grow as you need.

No Physical Office

Opening a banking account and the company setup process don’t require a physical office.

No Physical Office

Opening a banking account and the company setup process don’t require a physical office.

Documentation

Individual Investor/Partner, Director and Manager

With UAE Residence Visa

  • Clear scanned passport copy – 6 months validity
  • Clear scanned visa page
  • Address of the shareholder
  • UAE Entry stamp
  • Cleared scanned Emirates ID
  • Passport size photo for all shareholders

With UAE Residence Visa

  • Clear scanned passport copy – 6 months validity
  • Clear scanned visa page
  • Address of the shareholder
  • UAE Entry stamp
  • Cleared scanned Emirates ID
  • Passport size photo for all shareholders

Corporate Shareholder

  • Attested by UAE embassy in the home country and MOFA in the Emirates Board resolution appointing director/ manager / legal Representative
  • Attested by UAE embassy in the home country and MOFA in the Emirates License, MOA, Incumbency, Share certificate etc. of the shareholding company.
  • Passport copy of the UBO’s.
  • Passport copy of the Manager.
  • Visa page of Manager (if UAE resident)
  • Address of the authorized signatory
  • Passport size photo for the authorized signatory
Particulars1 License
1 Activity
1 Shareholder
1 License
2 Activities
1 Shareholder
2 Licenses
2 Activities
1 Shareholder
1 Licenses
2 Activities
2 Shareholders
2 Licenses
2 Activities
2 Shareholders
License Fee + Pre-approval fee
Immigration / Establishment card
Co-working lease fee & E-channel
13,50016,50016,50020,00020,000
Extra License - -5,000 -5,000
Visa stamping + Medical + Emirates ID2,5002,5002,5005,0005,000
BCL's Service Fees999999999999999
Total Company Setup Cost16,99919,99924,99925,99930,999
License cost paid for 2 years together-28,050-34,000-
Visa stamping + Medical + Emirates ID-2,500-5,000-
BCL's Service Fees-999-999-
Total Company Setup Cost-31,549-39,999-
Discount%-29%-27%-
License cost paid for 3 years together26,60539,600-48,000-
Visa stamping + Medical + Emirates ID2,5002,500-5,000-
BCL's Service Fees999999-999-
Total Company Setup Cost31,10443,099-53,999-
Discount%26%39%-36%-