Ras Al Khaimah Mainland

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Ras Al Khaimah Mainland

The United Arab Emirates (UAE) has become a frontrunner for attracting businesses, with each emirate tailoring its policies to foster entrepreneurial achievements. This advantageous environment, recognized by both expats and locals, has fueled a thriving business ecosystem. While Dubai is a well-known business center, other emirates offer equally attractive prospects. Among these, Ras Al Khaimah stands out as a compelling option.

Boasting a prime location bordering Oman and within easy reach of Dubai, Ras Al Khaimah offers a wealth of opportunities for businesses to flourish. Setting up a company here allows businesses to capitalize on this strategic positioning. Establishing a company in Ras Al Khaimah follows a straightforward process, ensuring a smooth experience.

Experienced professionals are available to assist with company formation procedures, simplifying your entry into this dynamic market. This article highlights the benefits of establishing a company in Ras Al Khaimah, UAE, and provides insights into this promising venture. Explore further to learn more about this exciting opportunity.

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Why Choose Ras Al Khaimah Mainland?

  • Cost-Competitive: Enjoy lower setup costs and operational expenses compared to Dubai or Abu Dhabi.
  • Strategic Gateway: Access the growing markets of the UAE and neighboring Oman.
  • Streamlined Setup: Benefit from a faster and more straightforward company registration process.

Ras Al Khaimah Mainland Registration

  • Choose your business activity and legal structure
  • Obtain initial approval from the Ajman Department of Economic Development (Ajman DED).
  • Draft and notarize the Memorandum of Association (MOA).
  • Choose a business location and obtain a tenancy contract.
  • Submit all required documents and pay the relevant fees.
  • Receive your trade license from Ajman DED.

Types of Licenses

  • Commercial License
  • Service License
  • Industrial License
  • Educational License
  • Freelance Permit

Features & Benefits of A Company Setup in Ras Al Khaimah

  • Ras Al Khaimah boasts a strategic position within the Arabian Gulf, offering excellent access to regional markets.
  • Businesses benefit from a tax-free environment, encompassing personal and capital gains taxes. Additionally, Ras Al Khaimah has a robust network of double taxation treaties with nearly 90 countries, minimizing tax burdens.
  • The emirate caters to a wide range of businesses and warehouses, providing suitable options for both established companies and startups.
  • Ras Al Khaimah is particularly attractive for emerging ventures and small to medium-sized enterprises (SMEs), offering them a supportive environment to flourish.
  • 100% foreign ownership is permitted, allowing for complete control over your business operations.
  • Businesses enjoy tax exemptions, complete repatriation of profits, and exemption from import/export duties, significantly reducing their financial burden.

Documents Needed for Ras Al Khaimah Mainland

  • Passport
  • Passport size photo
  • Residence Visa Copy(if applicable)
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Rajesh M & Company is a Hyderabad-based Chartered Accountants’ firm providing Auditing, Accounting, Registration, Taxation and other Financial Services.

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