Ras al Khaimah Investment Authority Company Formation

RAK Investment Authority Company Formation

The RAK Investment Authority was established to promote foreign investment and the development of sectors such as real estate, manufacturing, industrial parks. The services it offers include issuing licenses for offshore companies as well as other types of business licenses as well as providing business facilities for investors

The types of legal entities allowed to be licensed include:

Free zone establishment for companies that have only one shareholder

Free zone company with two to five shareholders

Branch of a foreign or local company

In addition, the RAKIA offers the following types of business licenses:

Commercial trade which allows the licensed entity to trade products that are specified in its license

Consulting/Service which allows the company to provide services such as business consultancy, accounting and legal

General Trading which allows the company to import, store and distribute goods

Industrial which allows the company to import raw materials for the purpose of manufacturing products as specified in its license as well as processing, packaging and exporting the finished product to any chosen country.

Licensing a business through RAKIA can be complicated. We can help you navigate the process so that you can start enjoying the benefits of investing in the RAK.