RAK Maritime City refers to the ideal setting wherein any sort of business dealings with regard to the maritime way of life can be effectively grown. Located at the heart of Ras Al Khaimah, it easily reaches the UAE free zone markets of the Middle East, Africa, and Asia. One lists activities that can be carried on in the RAK Maritime City, and then proceeds to give an overview of how one would go about setting up their business in UAE.
Business Activities Allowed in RAK Maritime City
RAK Maritime City allows the following business activities, which includes :
- Shipping and Maritime Services: Management of ships, chartering, brokerage, etc.
- Logistics and Freight Forwarding:Warehousing, Transportation, Supply Chain Management
- Trading: Import and Export of Goods, e-commerce, Commodities Trading
- Marine Engineering and Repairs: Maintenance and engineering services related to ship repairs
- Offshore Support Services: Any services connected with offshore oil and gas operations.
- Cruise and Yacht Services: operations in cruise lines, management of yachts, and services of a marina
- Tourism linked with the Sea: This embraces all the activities of tourism in respect of the sea.
Company incorporation in RAK Maritime City, UAE
The company incorporation process in RAK Maritime City is provided below:
- Activity or Business: In the provided list of business activities, one business needs to be chosen.
- Choice of Legal Form: Free Zone Entity, FZE, Free Zone Company, FZC, and Branch Office are some examples.
- Company Registration: Apply with the prescribed documents to the RAK Maritime City authorities.
- Licenses and Permits: Procure any licenses and permits that may be necessary in operating your business concern.
- Set up Your
Benefits of Establishing a Business in RAK Maritime City
- 100% Foreign Ownership: No local sponsorship is required.
- Tax Exemptions: No corporate and personal income tax.
- Streamlined Processes: Quick and efficient registration and licensing procedures.
- World-Class Infrastructure: State-of-the-art facilities and amenities.
- Strategic Location: Principal markets and main transportation hubs are easily accessible.
Conclusion
RAK Maritime City offers just one opportunity through which any business can grow in the United Arab Emirates’ maritime sector. Spread across a huge span of activities that are permitted and a seamless RAK company formation process in the UAE, RAK Maritime City has emerged as the place right at the centre of this most coveted destination for every investor, while allowing the entrepreneur in you to unleash your real power. Let your business be anchored in RAK Maritime City today and take advantage of what this growing free zone has in store for you.
Moreover, If you want any other guidance relating to business setup in Dubai, please feel free to talk to our business advisors at 8881-069-069.
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