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Ras Al Khaimah (RAK), is one among the most renowned free zone as is also called a business hub of UAE located only 45 minutes away from Dubai International airport. This is also on the verge of becoming an investment destination choice by the entrepreneurs all over the world.
The first and most important thing is choosing your company’s business activity. There are three economic activities: commercial, professional, and industrial. You have to select one of them as a business type for your company.
It is mandatory to decide on your activities before undertaking any following steps that will decide the type of licence that you require.
In this same time, you have to choose a trade name. Clever Corp formation expert will assist you best in choosing the right activity that fits the best to the activity you have chosen.
The Company name should be of UAE Standard protocol, such as not using any word that could be offensive to others.
Among the list above, you are required to choose one business activity. Once a business is decided, the legal work paperwork has to be done according to a chosen one.
Once you determined the type of the business, the next thing is selecting the trade name for your business. Clever Corp formation expert will assist you best in choosing the right activity that fits the best to the activity you have chosen.
The Company name should be of UAE Standard protocol, such as not using any word that could be offensive to others. . If the name of the owner or founder is included, it must be in total; the initial name of a surname is not permitted. Once the title passes all the criteria, it must be checked that the chosen person may not be registered earlier.
Once you have decided Company’s name, and the right activity you want to pursue, now it’s time to make your application.
If you have decided to setup company in Mainland then Application will be submitted to the Department of Economic Development .However if you chosen to setup your company in Freezone then the application goes directly to the authority of freezone.In most of the cases Freezones application is submitted through online portal.Clever corp will assist you in arranging all documents and submitting on the portal side which is not quite easy.Business formation expert will guide you throughout the process.
Once all the formalities regarding the Trade name and business activity are done. The Final submission of all the documents will be made on the RAKEZ portal, RAKEZ Freezone will accept and proceed ahead with issuing the licence.
Visa is an important part required for business in RAKEZ. An expert will help in acquiring a visa. The process of applying for a visa in RAKEZ is:
– Apply for an establishment card
– After that, apply for eChannel
– After eChannel, you need to apply for an entry permit
– You need a compulsory medical test and application for Emirates ID
– The stamping of residency permit in the passport
They operate in four free zone parks to fulfill the requirements of small, medium, and large businesses.
Our company clever corp help you at each step while setting the business.
To discuss more in detail your business plan, reach us today to have a suitable solution for your business dreams. We at Clever corp hold vast experience and our expert advisors are round the clock at your service to understand your idea better and get them into reality. Contact us at +971586412031 or +97145804048 to discuss with our experts at info@theclevercorp.com.
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