So far, you have read some basic information about how to set up a company in a free zone. Mostly, the information was related Dubai or Ajman. However, it might interest you that pretty much same stipulations are also applicable to those looking to start a business in the Ras Al Kamiah region. For those of you who know little to nothing about the state, it is somewhat smaller compared to other states in UAE. But, it has found its way towards prosperity in the last few years.

The RAK Investment Authority brought the idea of Offshore company concept back in 2007. The idea paved way for foreign companies to take benefit of the policy and make the most out of available business opportunities in the region. Furthermore, the RAK free zone saw the light of the day soon after. This was the time when UAE states were offering very lucrative business opportunities to attract investors from across the world. Today, you will notice that many foreign as well as local investors are making good use of the available facilities. Here is more on RAK offshore company formation is a great opportunity to do business and earn huge profits in no time:

Getting Started

The moment you decide that it is time to do business in RAK, you will immediately start to explore various options to do business. Perhaps the foremost option to do business is to find the stipulations to do business in RAK region. When you do, it will give you a better understanding about things to look for to do business in this region. Keep in mind that companies that are interested in registering in RAK offshore company program will allow you to register your business and office sitting in any part of the world. just fill the form, sign up for the program and get registered with the RAK offshore company formation program. If that’s not heartening enough, you are also not required to open a bank account in RAK or UAE as well.

Benefits

There are a number of benefits that you will get at the time of registering with the RAK offshore company registration program. Firstly, you will not be paying any tax on the enrollment. Then, you are allowed to own a property anywhere all over UAE. Also, you can open a bank account in RAK if you want, and you are free to invest in free zone companies as well as LLCs all over
UAE.

Read more about RAK free zone and offshore company registration process


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