Renewals for RAKFTZ-IC falls every anniversary date of incorporation. Failure to do so result in penalties.
In the event the company is not renewed within 6 months of the renewal due date, the company will be struck off from the registrar of the companies.
Latest valid passport copy and recent utility bill for address proof of shareholder/director are required to be submitted at every renewal as a part of enhanced due diligence. If shareholder is a corporate entity, then latest certificate of incumbency and above stated docs of directors would be required.
Documents Required: Individual’s KYC Docs:
Corporate Shareholder’s KYC:
Note: Item 1- 4 are to be attested upto UAE/Consulate Ministry.