Thursday 9 August 2018

Rak free zone licence fees

Ras Al Khaimah Economic Zone (RAKEZ) provides best priced business setup in UAE. RAKEZ Package Cost and Documents Required for the RAKEZ Freezone registration or company renewal. The prices are reasonably starting from roughly 0AED for a zero visa media company. RAKEZ also has a special product for women called Women in Power with prices less than usual.


In case of designated zones the trade license fees , visa fees , lease rentals will not be subject to VAT.

And in case of non-designated zones the trade license fees and visa fees are not subject to vat however rent is subject to VAT. RAK Free Zone Company Formation – Kinds of licenses issued. Valid Trade Licence (original or true copy issued by Department of Economic Development) b. Allows your company to import, export, distribute, or warehouse goods. In DMCC , the minimum share capital for forming a free zone company is AED 50per company and AED 10per shareholder. For a company to be issued a General Trading Licence, it should have a minimum of AED million share capital.


A Simple 8-Step Process. In order to operate in RAKIA free zone or non- free zone , the applicant must have a valid license from RAKIA and have a valid lease for operational premises.

RAKIA free zones and industrial zones mainly differ in legal shareholding and ownership pattern in formation of companies and incentives offered. UAQ FTZ offers very reasonable fees for the companies registration and renewal. Umm Al Quwain Free Zone license fees start with 15AED for the most basic setup which can be eligible for visa. If you have a flexi-desk setup, you are saving a 0AED deposit paid to the immigration for the E-channel system.


It is located in Sharjah, UAE, which gives the free zone a unique geographic and time zone advantage backed by a secure and fully convertible currency and a multi-access to neighboring and global countries through lan sea and air. Paying the RAK free zone license renewal fees before the expiry date is important to avoid cancellation of the license. Starting a business in RAK economic free zone could be an excellent decision as many benefits are offered to investors for UAE company registration in RAK including 1 ownership of the business and exemption from corporate taxes amongst others.


Licenses , license fee and Renewal license fee in Umm Al Quwain free zone. This allows the licensee to trade in a wider range of activities and gives the freedom to trade in any commodity permitted in UAE. This is popular among international traders because almost all categories of products can be traded )Tobacco, Alcohol,.


The free zone also offers efficient management services such as speedy company formation, support services, and fast-track visa services. According to Fujairah free zone’s latest price list, the initial startup costs include an annual flexi-desk and license fee of 10dirhams, one-time charges of 8dirhams and 3dirhams per residency visa. A refundable security deposit of 10dirhams is also required.


All are mentioning various other free zones but I would always prefer SHAMS Free Zone or the latest AMCFZ which is the best and the cheapest. I instructed my friend to set up his low-cost business in SHAMS Free Zone through one of my trusted. A Commercial License can have three different product lines or similar product lines.


General Trading License : This enables the licensee to trade in a wider range of activities and gives the freedom and flexibility to trade in any commodity which is permitted within the UAE.

DMCC (Dubai Multi Commodities Centre Free Zone ) 1. Registration fee - AED 0(One Time) 2. License fee Commodities - AED 10(renewable on a yearly basis) 3. MOA fee - AED 0(One Time) 4.

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