Ras Al Khaimah Economic Zone (RAKEZ)

RAKEZ - Business License With 1 Visa - General Trading + E-Commerce - Only 1 shareholder - 1 Year Validity - 2 Installments

Total Process Time


Total Price

(Inclusive of Taxes)

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Service Description
RAK Freezone - Ras Al Khaimah Economic Zone (RAKEZ)
Package Description - This package is designed to assist Entrepreneurs & Investors to start their business in Dubai at a very lower cost.
Share holding - Only 1 shareholder allowed
Issuing Authority - Ras Al Khaimah Economic Zone (RAKEZ)
License Type - Commercial or Professional License
Legal Status - FZLLC
Installment Details;
1st payment - Cash or bank transfer - 50% (AED 6,005)
2nd payment - After 180 Days - UAE based bank account post dated Cheque is required - AED 6,005
What Business Can You Do?
You can choose any 1 activity from Trading and Services related activities including General Trading and E-Commerce.

General Trading Will allow you to import, export, re-export any legally allowed goods except Jewellery, Automobiles, Pharmaceutical drugs and Precious metals.
E-commerce will allow you to sell any product online through your own platform or through other platforms.
Benefits:
100% Ownership,
Lowest cost business set-up, when you do not need any visa.
Shareholder Type:
Individual Person only
Manager on License:
Same as shareholder or non-shareholder
Renewal:
Every year License renewal at AED 12,000
Facility Type:
Co-Working
FREE - UNLIMITED Facility Usage
RAKEZ - Business License With 1 Visa - General Trading + E-Commerce - Only 1 shareholder - 1 Year Validity - 2 Installments
Required Documents
  1. Email ID
  2. Residential Address
  3. Emirates ID copy of Shareholders, General manager (if available)
  4. Visa copy / entry stamp of shareholders, general manager and director (if available)
  5. Colour passport copy of shareholders, general manager, director
  6. Company Name
Business License
AED 12,000/Service
Refundable deposit on Manager/Employee Visa
AED 2,025/Visa
Professional Consultation Fees
AED 5,000/Optional
Lease agreement (Address Proof)
Included
Share Certificate
Included
Memorandum
Included
Immigration Card
Included
Pre approval for 1 shareholder
Included
Residency E-visa for 1 shareholder
Included
Status Change if applicant inside the UAE
Included
MEdical Fitness Examination
Included
Emirates ID
Included
Visa stamping
Included
Total Amount :
AED 12000
Submit Speak to an experter
Other Permit Required throughout the Journey
Activity Office requirements Authority Approvals Required Before License/After License Approx Cost for approval
Option 1;

General trading license + E- commerce		 Lease agreement (Address proof) will be provided from the freezone. I Approvals will be required for some activities. Refer the activity sheet for approvals for different activity.

if you choose any activity that requires additional approval, we will assist you in obtaining the approval (Cost of approval will be applicable)

Approval from Customs, Municipality, Health Authority or other authority will be required while you import products which are governed and regulated by respective authority.		   AED 0
USD 0
Option 2;
Any 1 activity from Trading or Services		 Lease agreement (Address proof) will be provided from the freezone. I Approvals will be required for some activities. Refer the activity sheet for approvals for different activity.

if you choose any activity that requires additional approval, we will assist you in obtaining the approval (Cost of approval will be applicable)

Approval from Customs, Municipality, Health Authority or other authority will be required while you import products which are governed and regulated by respective authority.		   AED 0
USD 0

 

Activity Ownership Details
Option 1;

General trading license + E- commerce		 Single individual shareholder

Legal Structure;
a) FZ LLC
Option 2;
Any 1 activity from Trading or Services		 Single individual shareholder

Legal Structure;
a) FZ LLC

 

Option 1;

General trading license + E- commerce
Option 2;
Any 1 activity from Trading or Services
Type of company structure Document Compliance
LLC Mobile Number  
  Email ID  
  Company Name  
  Residential Address  
  Colour passport copy of shareholders, general manager, director Passport should be valid for next 6 months
  Emirates ID copy of Shareholders, General manager (if applicable) If a residence visa holder
  Visa copy / entry stamp of shareholders, general manager and director (if applicable) If a residence visa holder

 

Subsidary Company Attested parent company documents
Valid License
Memorandum
Share Certificate		 Attested from UAE Embassy in parent Country.(If Parent company is outside the UAE)
Attested from MOFA UAE.
  Colour passport copy of shareholders, general manager, director (if applicable) Passport should be valid for next 6 months
  Emirates ID copy of Shareholders, General manager (if applicable) If a residence visa holder
  Visa copy / entry stamp of shareholders, general manager and director (if applicable) If a residence visa holder
  Original No Objection Certificate for Shareholder(s) / General Manager (if UAE resident) If a residence visa holder

Process & Time required

Main Task Sub Tasks Time period in days
License Initial Approval, Company Name approval 1-2 Day
  Security approval 2 Days
  License Issue 3-4 Days

 

Investor Visa Entry Permit 3-5 days
  Status Change 1-2 Days
  Medical fitness 1 Day
  Emirates ID (If applying for first time, it will take 8-10 days) 1 Day
  Visa stamping 1-2 Days

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