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Company Setup In Ras Al Khaimah Mainland

 Company Setup in Ras Al Khaimah Mainland

Ras Al Khaimah(RAK) is one of the seven UAE Emirates, which is situated in the northern end of the UAE. It shares the borders with the Sultanate of Oman and it is surrounded by the Hajar Mountains.  Ras Al Khaimah is situated in the mid of the eastern nations like India, China, Iran, and Pakistan, and the Commonwealth of Independent States(CIS). Ras Al Khaimah has a prominent port and offshoring destinations in the northern Emirate. Being one of the most developed Emirates economies, Ras Al Khaimah has witnessed an influx of both local and foreign investors alike. Peninsula Business Solutions offer a range of services to make your company formation in RAK easy

Here are some of the reasons why you should set up a company in Ras Al Khaimah:

  1. It is a preferred destination for many investors for company formation due to the presence of many logistics hubs such as seaports, international airports, and multi-lane superhighways. 
  2. State of the art infrastructures, a thriving economy, liberal government policies, and cordial trade relations with other countries are some of the core factors that position RAK as an ideal destination for the company formation in UAE.
  3. RAK has got a number of DTA with multiple countries, which turns out to be a benefit for business owners to transit business.
  4. There is more flexibility to the investors because of multiple free zones and also provides them with a well-established tax-free ground for company establishment.
  5. Ras Al Khaimah comes with an added advantage of asset protection
  6. RAK provides the flexibility of carrying out the business import-export activities at free of cost, and thus decreases the tax burden.
  7. RAK grabs the attention of worldwide investors by setting up a destination for trading, manufacturing, and storage.
  8. VAT has been implemented in the entire UAE region for certain products and services, investors in the RAK Emirates are not subject to paying income and corporate taxes.

Benefits of setting up a company in Ras Al Khaimah, Mainland

There are many benefits to setting up a Ras Al Khaimah mainland company such as more flexibility to do business in any part of the UAE with local and government authorities. Many entrepreneurs are attracted to this free zone with a low starting capital.

Key benefits when u set up a Dubai mainland company

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