Ras Al Khaimah Investment Authority Company Setup
RAKIA is the government free zone located just 1 hour outside of Dubai in the Emirate of Ras Al Khaimah. Company registration in RAKIA is a cost effective and attractive proposition as RAKIA offers a wide range of business licenses all with 100% foreign ownership and full tax exemption. Ras Al Khaimah is emerging as a strong business friendly Emirate that is attracting global corporations. Business registration in RAKIA has staged defined processes which are managed professionally and in a timely manner by the experts at PBS to ensure our clients receive a turn-key solution.
To setup a business in RAKIA can typically take around 4 weeks to complete all the processes after which time companies can begin operational processes including ascertaining residence visa permits where required. PBS advisers are on hand to assist and advise the client throughout the incorporation process with staged updates.
RAKIA Company Setup
Ras Al Khaimah has negligible deposits of hydrocarbons unlike some of the other emirates or countries in the GCC. As a result has sought to diversify its economy over the course of the last decades by opening up to foreign investors and industries. The aim was to make the best use of the emirate’s strategic positioning by improving its infrastructure and creating the right incentives and liberal business environment to attract major industrial enterprises from around the world.
RAKIA offers the investors the most affordable business options in the UAE and with the flexibility to operate from a Free Zone or register a local company it is an investors haven.