Fortunum Investments Ltd.

Simple Procedure

The Incorporation Procedure at the Ras Al Khaimah Free Trade Zone is very simple. 

1. First you have to choose the Ownership Option for your company
2. You will then have to pick the License Type of your company
3. Then Pick the type of Office, Warehouse or Land you require

Introduction

The Ras Al Khaimah Free Trade Zone better known by its initials RAKFTZ is siutated in the Emirate of Ras Al Khaimah in the United Arab Emirates (UAE). The RAKFTZ was formed in the year 2000 with the following incentives aimed at attracting investors to the region;

•  100% tax exempt - no income taxes, corporate, personal or wealth taxes
• 100% foreign ownership of companies
• 100% capital and profit repatriations - no exchange controls - no questions asked
• Transparency in laws and regulations
• Just 45 minutes from Dubai
• International standard communication facilities
• Quick access to Ras Al Khaimah International Airport and a Sea Port

What is a Free Trade Zone?

A Free Trade Zone in the UAE allows investors to set up or incorporate companies without having to adhere to certain restrictions that are faced by companies operating outside the free zone. For example, companies outside the free zone need to appoint a "Sponsor" in order to incorporate and do business. Companies operating inside a free zone do not need a "Sponsor." As an added incentive there are no duties and taxes to import goods into a free zone.

Why Incorporate a company with the RAKFTZ?

The RAKFTZ is one of the cheapest incorporations available in the UAE. Additionally, with the minimum amount of paperwork, you can have your company established and running within a few days time. RAKFTZ is certainly worth a close look for a majority of start-ups or newcomers to the region as it offers a very quick and cheap cost of entry into the United Arab Emirates and the Middle East Region.