Company formation RAK - PowerPoint PPT Presentation

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Company formation RAK

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Company formation in RAK, Dubai is not an easy task to do. Unless you have the right agency to move your documents you cannot expect a speedy registration from the side of the government. World Bank rates Dubai in the 33rd position for its business compliance, thanks to the government’s strict bureaucratic measures. However, we, at Worldwide Formations, can help you with your company registration in RAK process as we have been doing it for years. For registering your company in Dubai, give us a call. – PowerPoint PPT presentation

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Title: Company formation RAK


1
How to Guide -Company Formation in RAK, UAE
2
Company Formation in UAE
  • Two types of models
  • Free-zone Setup
  • Offshore Setup

3
Benefits of Company formation in the UAE 
  • Benefits of Free Zone setup
  • Tax free income
  • Single ownership (no sponsor required)
  • Reasonable renewal fees
  • Full rights over property
  • Business Confidentiality
  • Can avail banking facilities in Dubai
  • Permission to engage in multiple activities
  • Can terminate at your discretion
  • Benefits of Offshore setup
  • Complete privacy of business
  • 100 foreign ownership
  • Open and operate a UAE bank account
  • Ability to open multiple currency bank accounts
  • Free from income and corporate tax
  • Real estate investment possible

4
Set up your company in RAK
  • What is RAK Free Trade Zone?
  • Ras Al Khaimah Free Trade Zone (RAK FTZ) - the
    most sought-after for company formation in the
    UAE
  • Due to low start-up costs RAK FTZ has more than
    7500 companies that have set up shop there.

5
Why RAK FTZ for your company formation?
  • Most successful free zone in UAE
  • Just 45 minutes from Dubai International Airport
  • Best emerging free zone for past 3 years
  • Lenient taxation
  • Free of bureaucratic barriers like quotas or red
    tape

6
Facilities available for company set up in RAK
FTZ
  • State-of-the-art warehouses
  • Office space for company formation (Standard,
    Executive, Shell and Core)
  • Industrial area
  • Accommodation facility (for labourers, staff and
    senior members)
  • Flexi-desk

7
4 ways for Company Formation in RAK
  1. Free Zone Establishment (FZE) Ideal for
    start-ups with just one owner
  2. Free Zone Company Ideal for start-ups with more
    than 2 partners (limited to 5)
  3. Local Branch Should be a branch of a parent
    company in the UAE that has been in operation for
    one year or more
  4. Foreign Branch A branch of a parent company
    based outside UAE and in operation for a year or
    more

8
Locations for RAK Company Formation
  • You have the flexibility to choose the most
    advantageous location to setup your company in
    RAK
  • The four major locations are
  • Business Park
  • Industrial Park
  • Technology Park
  • Al Ghail Park

9
Help is at hand!
  • Company Formation in UAE, although lucrative, can
    get a bit tricky and time consuming.
  • Call WorldWide Formations to help you setup your
    company with ease in the UAE.

10
Follow us!
  • Follow our blog for helpful hints and tips to
    help you for success in formation of your company
    in RAK -
  • http//uae-company-formations.com/

11
Visit us today!
Visit us http//www.worldwideformations.com/rak-
free-trade-zone-company-formation.php
12
Call us today!
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