UAE’s Most Trusted Business Setup Services
Global Business Services is one of the leading business setup companies in the UAE, offering a wide range of services from VAT advisory, ESR filing, Shared CFO, and accounting consultancy to company formation services in different free and non-free zones in the UAE. RAKEZ offers 100% foreign ownership. GBS business setup consultants provides the most lucrative one-stop solution for RAKEZ company formation for freelancers, startups, SMEs, and industrial companies. We speed up, simplify, and streamline the RAKEZ business setup procedure for our clients. To assist you through the entire process, our knowledgeable team will patiently lead you through each step. Get in touch with our team of business setup professional consultants today and start your company most conveniently.
Company Setup Procedure
- Choose the legal structure of the firm you want to register.
- Pick an activity from the list of options.
- Request name and preliminary approval.
- Payment of expenses associated with establishing a RAKEZ business.
- Sign the company’s incorporation and registration paperwork.
- Residency visa application.
Documents Required
The requirements for business set up in RAKEZ depends on whether a shareholder is individual or corporate entity. Basic requirements are:
- Passport copy (colored)
- EID & residence visa (colored)
- Passport size photo with white background
Major Benefits of RAKEZ Company Formation
- 100 percent foreign ownership
- Capital repatriation at 100%
- 0% personal income tax. No import, export, re-export fees, or customs duties.
- Possible exemption from corporate tax
- Freedom to select the project’s legal form and investment sector.
- Customer portal.
- Various commercial and industrial facilities.
- Possibility of using logistical resources.
Characteristics of Business Setup in RAKEZ
- Proposed activity: Manufacturing/Trading/Service/Education & Media related activities.
- License available: Industrial/Commercial trading/General trading, Media, E- Commerce, Educational & Service license are available.
- Type of entities: FZ – LLC (Limited Liabilities Company) and Branch.
- Shareholder can be Individuals or Corporate entity (max 50).
- Director: Individuals only (Minimum one. Shareholder can also be Director),
- AED 10,000 (10 shares of AED 1,000 each) if the FZ – LLC is used for the RAKEZ Setup and AED 0 if the branch office is used.
Estimated time: 1- 2 weeks to obtain trade license of the company and register a company.
After receiving a security clearance, the immigration card will likely take another 2–3 working days, and average processing times for visas range from 7–10 working days.
Company Setup Cost
RAKEZ Business Setup begins from AED 11,540/-
Our business serves as a one-stop shop for all types of company formation services. Many people and corporations have received assistance from Global Business Services in setting up their businesses in RAK. Get in touch with us via call or email!
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in SAIF Zone.
Important Note
In the case of a corporate shareholder, the document must be legalized at the UAE Embassy.
After receiving a license, immigration card, and entry permission, the shareholder or director would need to return to the UAE, in order to get the visa stamped on their passport. Depending on how quickly the procedure moves, this could need them to stay in the UAE for 5 to 7 working days.
Every year, the company immigration/establishment card must be renewed.
Investors must have a share capital of AED 75,000 to qualify for a family status visa, and AED 60,000 to qualify for an Owner/Investor/Partner visa.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
QUICK LINKSOur Services
Advisory Services
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Accountancy Services
Company Formation Services
Company Management and Compliance
Assistance on Trade Mark and IP Registrations
VAT Advisory Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
Copyright © 2020 Global Business Services.
Copyright © 2020 Global Business Services.