Ras Al Khaimah additionally recognized as RAK is one of the developed and solvent emirates of the UAE. Meaning of Ras Al Khaimah is "top of the tent". This emirate lies between the borders of Oman's exclave of Musandam and at some phase of Peninsula. Being a home of lakhs of people, Rak city has two essential areas the old town and Nakheel. The Northern phase of the Rak is where most of the city is situated whereas, The southern phase is an inland exclave near the Dubai exclave. This technologically superior city is a challenging place to have a Rak free zone company formation due to the fact of its strict policies and regulation.
Free zones in RAK:
Ras Al Khaimah Economic Zone (RAKEZ)
Ras Al Khaimah Media Free Zone
RAK Maritime City
RAK Investment Authority Free Zone (RAKIA)
Types of Licenses in RAK Free Zones
In order to set up a business in Ras Al Khaimah free zones, the appropriate license is required. The registration and issuance of business licenses to non-resident companies in Ras Al Khaimah are treated by the Free Zone Authority, and different licensing procedures are regulated by the federal government. There are four types of licenses you can get from Ras Al Khaimah free zone authorities: