What are the benefits of setting up a company in RAKEZ100% ownership of establishment/company

• Zero taxation
• Access to local and international market through a local agent
• No customs duty for sales in local and GCC market
• Freedom to source labour
• 100% foreign ownership
• Easy transfer of capital and profits
• Exemption from personal income tax
• Exemption from import and export duties
• Exemption from other taxes
• Competitive prices on facility usage
• Competitive prices for power/electricity
• Competitive prices on leasing
• Easy access to low cost labour
• Well-developed infrastructure
• One-stop counter service for effecting transactions (Residency, visas…etc.)
• Fast and easy procedures and in most cases get the license within 24 hours

How can Musthafa Abdul Hameed Auditing of Accounts(http://musthafaca.ae/) assist you with Free Zone Company Formation in RAKEZ?

• Review all the essential requirements of your business activities to suggest the best free zone where you can open your Company in the UAE.
• Support you in strategizing your business plan.
• Assistance in preparing the application form which has to be submitted to the Free zone authority.
• Getting your trade name approval, Initial Approval and security approval
• Attesting the legal documents from the concerned department of the authorities for corporate clients.
• Drafting the MOA of the company.
• Proper guidance while selecting the warehouse/s or offices.
• Support and guidance for E – channel registration and obtaining the establishment card
• Assistance for opening your company bank account/s and personal bank account.
• Visa assistance for employees as well as investors.
• Selection of suitable employees for your new formed company
• Proper guidance while appointing an auditor, as having an auditor is a compliance requirement for free zone companies.
• VAT Compliance and Advisory support for VAT Registration | VAT Implementation | VAT Return Filing
• Provisions for Accounting & Book Keeping service
• Support for Company Liquidation
• To add or remove existing shareholder or Director
• To change the trade name of the company
• To produce additional company documentation (Certificate of Incumbency, Certificate of Good Standing, etc.)
• To increase or decrease your company share capital

Ras Al Khaimah Economic Zone (RAKEZ)facilitates multi-sector investment choices that caters the investors need as required offering cost-effective and world class economic zone. It is located in the heart of Ras Al Khaimah and guided by the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, United Arab Emirates Supreme Council Member and Ruler of Ras Al Khaimah, RAKEZ was established to oversee and consolidate the specialized zones and clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA).

Free Zone Company Formation in RAKEZ attracts investors because of the location that it offers which connects with the Middle East, North Africa, Europe as well as South and Central Asia. RAK Free Trade Zone was founded in 2000 and RAK Investment Authority was founded in 2005, thereafter RAKEZ continued to become one of the thriving investing free zone in UAE now catering more than 13,000 MNC’s from over 100 countries.

Musthafa Abdul Hameed Auditing of Accounts assists clients to set up their businesses all over the UAE. We handle the complete Free zone company formation process with strategic recommendations and negotiations with local stakeholder along with documentation formalities.

For Free zone company formation in other Musthafa Abdul Hameed Auditing of Accounts please click below links.

• Dubai Free Zone Company Formation
• Free Zone Company Formation SAIF ZONE & SHAMS
• Ajman Free Zone Company Formation
• Company Formation in Umm Al Quwain Free Zone