The first thing you need to decide before the RAK free zone company setup is the type of activity you plan to engage in. There are different rules and regulations related to each type of business, and some of them are not allowed in certain areas. Before setting up your business, you must obtain initial approval for your trade name and business license. There are various companies, including manufacturing, retail, and consultancy/service.
You need to have a business name:
Before starting your business, you need to have a business name. You can hire a company formation expert to help you choose a name that complies with the UAE’s naming conventions. Then, you need to get a license from the Dept. of Economic Development. Once you’ve received the approval, you can begin your business activities. Once you have the license, you need to get a license from RAK Investment Authority.
Must know the rules that govern company’s name:
Before setting up your RAK free zone business, you must know the rules that govern your company’s name. The RAK free zone authority prohibits references to religion or any other religious belief. You can work with a company formation expert to help you select a name that complies with UAE naming conventions.
Choose the right location:
After deciding on the type of business license that you would like to run, you should find the right location for your business. Once you have found the location, the next step is to register your business. In RAK, the free zone area is a great place to do business. Its easy access and low-cost administrative fees will make it easy to start a new venture. Afterwards, it would help if you looked into the various business options that are available to you.
If you have a business license in your country, you can operate in the RAK free zone. The RAK free trade zone has become one of the best places to start a business. It has state-of-the-art infrastructure and hi-tech facilities. It is not difficult to start a new business here, and you will be able to grow your business with ease. It is also a great place to invest your hard-earned money.