Company Formation in RAKEZ
At Adepts Chartered Accountants, we understand the critical role of internal audit in ensuring the effectiveness of your organization's operations, risk management, and internal control systems
As a trusted and reputable provider of internal audit services in the UAE, we are dedicated to helping businesses achieve their objectives and maintain compliance with regulatory requirements. Our team of highly skilled and experienced professionals is committed to delivering tailored solutions that address your unique needs and add value to your organization.
Company Formation in RAKEZ
RAKEZ (Ras Al Khaimah Economic Zone) is a robust, dynamic, and integrated business hub in the UAE. It offers an efficient and cost-effective gateway to global markets. Company formation in RAKEZ can be a pivotal step for businesses aiming to establish a strong foothold in the UAE and the Middle East.
Types of Licenses in RAKEZ
- Commercial License
- Service License
- Industrial License
- Educational License
- Media License
Procedure Of Company Formation
Determine Your Business Activity And Legal Structure
The first step in company formation is deciding on the nature of your business activity and the legal structure of your company. RAKEZ offers a range of business activities and several legal forms such as Limited Liability Company, Branch of a UAE Company, and Branch of a Foreign Company.
Select a Business Name
Choose a unique business name that reflects your brand. The name must not violate the rules set out by RAKEZ.
Apply for Initial Approval
Submit your application for initial approval. This includes your business plan, passport copies of the shareholders, and the application form.
Register Your Legal Documents
Prepare the required legal documents for your company. These include the Memorandum of Association and Articles of Association.
Pay the Necessary Fees
Pay the required fees for the company formation process. This includes the registration fee, license fee, and any other applicable charges.
Receive Your Business License
Once your application has been approved and the fees have been paid, RAKEZ will issue your business license. The license confirms your legal ability to conduct your chosen business activities in RAKEZ.
Open a Bank Account
The final step is opening a corporate bank account for your newly formed company.
Our Comprehensive RAKEZ Company Formation Services
Preliminary Consultation
Our experts dive deep into your business objectives and align them with the dynamic opportunities available within the RAKEZ business environment. This initial stage ensures that your business setup is tailored to your industry and the unique demands of your operation.
Documentation Assistance
Paperwork can be a hassle, but not with us by your side. We assist in preparing, compiling, and submitting all the necessary documents in line with the standards and regulations set by RAKEZ. This comprehensive assistance ensures all your documents are correct, and your application is processed without any delays.
Licensing Guidance
Navigating through the licensing process can be daunting. With our expertise and deep understanding of the RAKEZ regulations, we guide you through every step of obtaining the most suitable license for your business.
Business Plan Support
A solid business plan is a key to success. Our team of professionals, aids in the development and refinement of your business plan, focusing on your vision, financial forecasting, marketing strategies, and operational structure.
Office Setup
Location and environment play a vital role in the productivity of a business. We assist you in finding the right office space that fits your budget and meets all your business needs, helping to create a professional and productive working atmosphere.
Visa Processing
We handle the time-consuming and complex process of visa applications for you and your employees. From the initial application to the final approval, we ensure the procedure is hassle-free and timely.
Post-Formation Services
Our service doesn’t stop once your company is formed. We continue to support you with a wide range of post-formation services such as accounting, audit, tax compliance, and financial reporting. These services are designed to help you focus on growing your business while we handle the administrative and regulatory aspects.
Benefits of Company Formation in RAKEZ
Strategic Location
We handle the time-consuming and complex process of visa applications for you and your employees. From the initial application to the final approval, we ensure the procedure is hassle-free and timely.
Tax Benefits
Businesses in RAKEZ can enjoy a tax-free operating environment, with 100% exemption from corporate and income tax.
Access to World-Class Facilities
We leverage advanced tools, techniques, and data analytics to enhance the effectiveness and efficiency of our internal audit processes. By analyzing large volumes of data, we uncover patterns, trends, and anomalies, enabling us to provide deeper insights and identify potential areas for improvement and risk mitigation.
Actionable Recommendations
Companies in RAKEZ have access to state-of-the-art facilities such as offices, warehouses, and industrial plots.
Flexible Legal Structure
RAKEZ offers several legal forms for company setup including Free Zone Establishments, Free Zone Companies, and branches of local and international companies.
Support Services
RAKEZ provides a range of support services such as licensing, visa processing, and others to assist businesses in their operations.
No Currency Restrictions
There are no currency restrictions in RAKEZ, providing businesses with greater financial flexibility.
Connectivity
RAKEZ is well connected to major logistical hubs, with easy access to seaports and international airports, facilitating global trade.
frequently asked questions
The documents required can vary based on the type of business activity and the legal form of the business. However, typically, you will need a business plan, passport copies of shareholders and managers, and a completed application form.
The timeline can vary based on the business activity, but it usually takes 1-2 weeks to set up a company in RAKEZ.
Yes, RAKEZ allows businesses to register multiple activities under the same license, subject to certain conditions.
Yes, setting up a company in RAKEZ allows you to apply for UAE residency visas for you, your family, and your employees.
Yes, RAKEZ offers a variety of office solutions, warehouses, and land for development to suit your business needs.
Why Choose ADEPTS
Expertise and Experience
At Adepts Chartered Accountants, our team consists of highly skilled professionals with extensive experience in managing complex regulatory and accounting standards. We are proficient in both local and international regulations, ensuring our services are accurate and fully compliant.
Tailored Solutions
Recognizing the unique nature of each Business, we offer customizable services designed to align with your specific needs and business objectives. We collaborate closely with you to understand your requirements and deliver solutions that achieve optimal results.
Time and Cost Efficiency
By choosing our services, you benefit from significant savings in time and resources. Our solutions are engineered to be cost-effective, providing high-quality support without the need for substantial internal investment.
Accuracy and Compliance
We prioritize accuracy and compliance in every aspect of our service. Our meticulous approach and rigorous procedures ensure precision and adherence to standards, reducing the risk of errors and the potential for non-compliance penalties.
Dependable Service
Dedicated to delivering reliable and consistent services, we aim to build long-term relationships with our clients based on trust, integrity, and mutual respect.
