Cost of RAK free zone business setup ᐅ Make the right choice!

ᐅ What is the estimated cost of RAK free zone business setup?
The RAK free zone business setup cost generally ranges from AED 15,000 to AED 50,000, depending on various factors such as the type of business and specific requirements. This cost encompasses initial registration fees, licenses, and additional assistance if needed.

ᐅ How much does a RAK free zone company formation cost?
The cost of forming a company in the RAK free zone typically includes fees for acquiring a trade license and registration. This formation cost can start from AED 15,000 and can vary significantly based on the business activities and corporate structure you choose.

ᐅ What is the cost to obtain a Ras Al Khaimah free zone license?
The Ras Al Khaimah free zone license cost can vary widely but generally falls between AED 10,000 to AED 20,000. This cost may also vary with the specific free zone you select and the legal structure of your business.

ᐅ What should I expect in terms of Ras Al Khaimah free zone visa costs?
The visa costs associated with the Ras Al Khaimah free zone are typically around AED 3,000 to AED 7,000 per visa, depending on your business structure, processes, and the number of visas you require for your employees.

ᐅ How can I calculate the total RAK free zone license cost?
To calculate the total RAK free zone license cost, consider initial registration fees, your business activity fees, any applicable partner and shareholder fees, and visa costs. It’s best to consult us for a comprehensive breakdown tailored to your business needs.

ᐅ What affects the overall RAK free zone cost for starting a business?
Several factors affect the overall RAK free zone cost, including the type of business entity chosen (for example, Free Zone Establishment or Free Zone Company), the number of visas required, specific licensing requirements, and any additional services you may require such as office space leasing.

ᐅ What is a rough estimate for the Ras Al Khaimah trade license cost?
The Ras Al Khaimah trade license cost generally ranges from AED 10,000 to AED 20,000. This varies significantly based on the nature of the business and the type of license required.

ᐅ What is the average RAK free zone setup cost for small businesses?
For small businesses, the average RAK free zone setup cost typically starts from AED 15,000 and can go higher depending on specific requirements such as business activities and setup particulars.

ᐅ What are the additional costs involved in RAK free zone business setup?
Aside from initial setup costs, businesses should budget for office space rental, employee visa costs, renewal of licenses, and any professional service fees associated with obtaining legal or compliance advice.

ᐅ How long does it take to set up a company in the RAK free zone?
The time required to set up a company in the RAK free zone usually ranges from a few days to a couple of weeks. This timeline often depends on the completeness of your documents and the responsiveness of the relevant authorities.

ᐅ Do I need a local sponsor for business setup in the RAK free zone?
No, businesses in the RAK free zone do not require a local sponsor. Foreign investors can fully own their companies without the need for a local partner, offering you greater control over your business operations.

ᐅ What types of businesses can I set up in the RAK free zone?
The RAK free zone supports a wide range of business activities including trading, services, and manufacturing. Depending on your business model, various licenses are available to suit your specific needs.

ᐅ Is it possible to relocate my business to the RAK free zone?
Yes, relocating a business to the RAK free zone is possible. We can assist you in making this transition smooth by providing legal and professional guidance to comply with regulatory requirements.

ᐅ What are the benefits of setting up a business in the RAK free zone?
Setting up a business in the RAK free zone comes with numerous benefits including 100% foreign ownership, zero corporate tax, repatriation of profits, and a streamlined registration process that facilitates business operations.

ᐅ Can Cassius Law assist with the entire process of RAK free zone business setup?
Absolutely, we at Cassius Law specialize in assisting clients like you with every aspect of setting up a business in the RAK free zone. Our expertise covers licensing, legal compliance, and advising on employment matters, ensuring a smooth and efficient setup.

At Cassius Law, we are committed to providing comprehensive support for all your business needs in the RAK free zone. Our team of experts is skilled in navigating the various legal and practical aspects of business formation. If you are interested in setting up your business in Ras Al Khaimah's free zone, don’t hesitate to reach out. Let us help you turn your business aspirations into reality!