info@businesshouse-uae.com
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RAK Investment Authority (RAKIA) is a leading business destination committed to providing a pro-business environment, regulatory stability and robust infrastructure in the emirate of RAK in the UAE. Comprised of two dedicated industrial parks, a combined area of 30-million square metres, RAKIA provides hassle-free business set-up, state-of-the-art facilities and economical solutions to help clients compete regionally and globally.

RAKIA presents a wide range of solutions and services, adhering to constantly meeting the requirements of its clients. Owing to the strategic advantages and investor-oriented policies, RAKIA is home to over 500 manufacturers and thousands of SMEs. These advantages include:

WHY RAKIA

  • Choice of free zone or non-free zone
  • Low cost of business set-up and operations
  • Ease of doing business
  • 100% tax exemptions (no corporate or personal taxes)
  • 100% foreign ownership in free zone companies
  • 100% repatriation of capital and profits
  • 45-minute drive from Dubai
  • Easy access to strategic markets in the MENA Region
  • 31% of world’s population in 4-hour flying radius
  • Proximity to express highways, seaports and airports

Business types

  • FREE ZONE COMPANY
  • NON-FREE ZONE COMPANY

Legal Entities

  • Establishment (e) for a non-free zone company
  • Limited liability company (LLC)
  • Free zone establishment (FZE)
  • Free zone llc (FZ LLC)
  • Branch of a local or foreign company

Licence types

  • Consultancy / service
  • Trading / general trading
  • Commercial
  • Industrial
  • Media

Facilities

  • Flexi facilities
  • Cubicle offices
  • Standard offices
  • Executive offices
  • Warehouses
  • Industrial land

Business centre services

  • Conference room facility
  • High speed internet access
  • Administrative assistance
  • Call handling services
  • fax handling services
  • Mail forwarding services
  • Business lounge for networking and executive meetings

Virtual office services

This is the ideal cost effective solution to grow your business the smart way; it’s designed for new businesses looking to establish a professional presence in a new city with a flexible lease agreement. RAKIA provides a variety of custom packages to meet any budget and business need, namely:

Coral

  • Professional business address
  • Common P.O box number
  • Management of mail and courier
  • Incoming mail notification via email

Pearl

  • Dedicated business telephone number
  • Personalized call answering
  • Calls forwarding
  • Incoming calls notification via email
  • Company voice mail
  • Common fax number (incoming) & fax handling

Diamond

  • All Coral and Pearl benefits
  • Workstation usage
  • Provision up to 2 email accounts
  • Incoming calls notification via email
  • Incoming calls notification via email
  • Company voice mail
  • 1 hour inclusive access to business lounge per month

All contents above mentioned was copied from its original source http://rakia.ae

Documents Required for RAK Investment Authority Company Formation

  • Proof of tradename reservation (Our Firm task)
  • Proof of initial approval for the activities (Our Firm task)
  • Passport Copies for the shareholders
  • Passport copy and C.V. (Resume) for the Manager
  • Personal Information sheet for each shareholder & manager (Template will be forwarded by Our Firm)
  • Lease agreement (Documents) – Having a physical address for your business/office is Mandatory in the UAE. The rent in average within the free zone area is US$ 25 up to US$ 45 Per sq. ft. (US$ 225 up to US$ 400 per sq. m.). Our Firm, can assist you while searching for your Physical address.
  • Notarized and attested Power of Attorney appointing Our Firm as your legal representative, So that we can act on your behalf and/or on behalf of the shareholders.(Template will be forwarded by Our Firm).
  • There are some activities which might require third party / authority pre approval – accordingly additional Cost and professional fees might be applicable.
  • Also during the process, it might be a requirement for a few other documents by the authorities

Additional Documents required for a corporate shareholder and Branch

  • Attested and notarized Memorandum of Association / Article of Association. It must be attested from the UAE Embassy at the place of origin.
  • Board resolution to be resolute by the board of directors for your existing company/ entity at place of origin expressing intent of establishing a new setup abroad. Must be attested and notarized by the U.A.E Embassy.(Template will be forwarded by Our Firm)
  • Certificate of registration (if applicable) for your existing company/ entity, license or certificate Of incorporation your existing company/ entity attested and notarized by the U.A.E Embassy.