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Innovation City, Ras Al Khaimah Freezone
Ras Al Khaimah's dedicated hub for innovation-driven businesses.
Located in the heart of Ras Al Khaimah, it offers customized solutions for both free zone and non-free zone businesses. This includes freelancers, startups, small and medium-sized enterprises (SMEs), and large industrialists, all thriving across more than 50 industries.
It offers tailored activities and support structures for each. With AI-powered registry and compliance systems, on-chain licensing, and simultaneous banking setup, the organization streamlines traditionally complex processes. The free zone provides personalized programs and robust support for all. With advanced AI for registration and compliance, blockchain-based licensing, and swift banking integration, the organization simplifies complex procedures.
It embraces the future and welcome talent from around the world, helping them pursue and achieve their dreams, ambitions, and success.
Benefits of setting up a Free Zone company in UAE
Foreign-owned
100% ownership ,
no local sponsor needed.
Tax-friendly
0% corporate tax in the freezone
0% personal income tax in UAE
Cost-effective
Competitive fees,
no minimum capital,
flexible office options.
Mix & Match
Pick business activities
as per your goals
Business freedom
Wide range of activities,
streamlined
setup process.
Strategic location
Prime spot near ports & airports,
strong regional & global links
Supportive Infrastructure
World-class facilities,
dedicated business services
Steps to Set Up a Free Zone Business in the UAE
While the U.A.E. Free Zone company setup involves several steps, the process is designed to be straightforward, efficient, and prompt. With minimal paperwork and quick procedures, setting up your business is hassle-free. The Growth ensures every step is handled with precision, guiding you through the process seamlessly and error-free.
1
Select a
Legal Structure
Choose the appropriate business structure according to your requirements from the 3 structures we discussed above, namely a Free Zone Limited Liability Company, a Free Zone Establishment, or a branch office.
2
Pick a
Trade Name
Pick a unique trade name for your business. It must follow the UAE rules and regulations regarding company names and align with your business activity
3
Apply for
the License
Choose the licence that is most suitable for your business activity and apply for it.
4
Select an
Office Space
Choose an office space that meets your immediate space requirements. The area should not be too small or too large, depending on the size of your team and business activities
5
Secure
Approvals and License
Check if you need any more approvals from a government authority to conduct your operations legally.
Types of Freezone Business Setups
There are distinct advantages depending on the industry and niche. Here are some of the common business types you can obtain.
Frequently Asked Questions (FAQs)
What is a Freezone license in Ras Al Khaimah ?
A Freezone license in Ras Al Khaimah allows companies to operate within a designated economic zone, offering benefits like 100% foreign ownership, tax exemptions, and simplified import/export procedures.
Why Choose Ras Al Khaimah over other options?
- 100% Foreign Ownership
- No Trade Barriers
- Higher
- Confidentiality
- Exemptions From Import Charges
- 0% corporate tax and 0% personal income tax
- Full repatriation of profits and capital
- Fast and simplified business setup process
- Access to world-class infrastructure and flexible office solutions
- Strategic location in Ras Al Khaimah
Can Freezone companies trade with mainland companies?
Enterprises operating in the UAE Freezones that trade in tangible items are only permitted to do so worldwide and with other Freezone businesses, or they must partner with a third-party distributor (local service agent) to conduct business with the mainland.
Is a physical office space required for a Freezone license?
Most Freezones require a physical office space. The Growth can help you find suitable office options that meet the Freezone’s requirements.
How long does it take to obtain a Freezone license ?
The timeframe varies depending on the chosen free zone and the type of license. However, the process can usually be completed within a few weeks to a couple of months.
All-In-One Business Services
At The Growth, we provide a range of tailored business solutions designed to support entrepreneurs and investors. Our efficient business setup services simplify the process of launching a new company in the UAE. We also offer seamless corporate banking assistance, helping you quickly establish a business account for smooth financial transactions. Additionally, we facilitate the acquisition of family and spouse visas, ensuring a hassle-free relocation experience for entrepreneurs. Our services extend to managing key documentation, as well as facilitating Emirates ID and VIP Medical services. We also offer expert advice on import and export processes and assist in obtaining the necessary customs codes, ensuring smooth and efficient international trade.
Why The Growth for Your Business ?
10+ years
Market Experience
Dedicated
Account manager
Delivering on
the promise
