Home Free Zone Companies Ras Al Khaimah RAK Free Trade Zone Rules and Regulations Termination of Lease and License

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Termination of Lease and License E-mail

8.1 On expiry of the Lease term, the Licensee shall settle all outstanding administrative issues, including financial, with Free Zone Administration.
8.2 The Free Zone Authority has the right to take possession of any goods after the Lease termination date. The Free Zone Authority shall, at its discretion, auction the abandoned goods to expedite clearance of the facility and / or to recover any outstanding dues.
8.3 Free Zone reserves the right to terminate the Lease and cancel the License at any time or permit to renew the License for appropriate valid reasons.

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