The UAE has emerged as a global business hub, attracting entrepreneurs and investors from around the world. One of the most attractive destinations within the UAE for business setup is the RAK Freezone Company, which offers numerous benefits to businesses of all sizes. Additionally, for foreign investors looking to establish a long-term presence in the UAE, obtaining an Investor Visa UAE provides the necessary legal framework to reside and operate in the country.
In this blog, we will explore the benefits of setting up a company in RAK Freezone, the steps involved, and the process of obtaining an investor visa in the UAE.
Understanding RAK Freezone Company
What is RAK Freezone?
Ras Al Khaimah (RAK) Freezone is one of the most prominent free zones in the UAE, offering an attractive business environment for local and international investors. It is known for its cost-effective company setup solutions, tax benefits, and strategic location.
Benefits of Setting Up a RAK Freezone Company
- 100% Foreign Ownership – Unlike mainland companies that require a local sponsor, RAK Freezone companies can be entirely owned by foreign investors.
- Tax Advantages – Businesses registered in RAK Freezone benefit from zero corporate tax, zero personal income tax, and exemption from import/export duties.
- Strategic Location – RAK’s proximity to major international markets, including the Middle East, Asia, and Africa, makes it an ideal business hub.
- Ease of Setup – The process of setting up a business in RAK Freezone is streamlined, allowing investors to establish their companies quickly with minimal paperwork.
- Access to Global Markets – With access to seaports and international trade routes, businesses in RAK Freezone can easily expand their operations globally.
Types of Companies in RAK Freezone
Investors can choose from different business structures based on their needs:
- Free Zone Establishment (FZE) – A single shareholder company
- Free Zone Company (FZC) – A company with multiple shareholders
- Branch of an Existing Company – For companies looking to expand their presence in the UAE
Steps to Set Up a RAK Freezone Company
Step 1: Choose the Business Activity
RAK Freezone offers a wide range of business activities, including trading, manufacturing, services, and consultancy. Investors must select an activity that aligns with their business objectives.
Step 2: Select the Company Structure
Based on ownership and business type, investors need to choose the appropriate legal entity—FZE, FZC, or a branch of an existing company.
Step 3: Choose a Suitable Office Space
RAK Freezone provides various office solutions, including flexi desks, shared offices, and warehouses, depending on business requirements.
Step 4: Submit the Application and Required Documents
Investors must submit the necessary documents, including passport copies, proof of address, and a business plan, along with the application form.
Step 5: Obtain the Business License
Once the application is approved, the investor receives the business license, allowing them to operate legally within RAK Freezone.
Step 6: Open a Corporate Bank Account
After obtaining the trade license, investors can open a corporate bank account in the UAE to facilitate business transactions.
Step 7: Apply for an Investor Visa
Once the company is set up, investors can apply for an Investor Visa UAE to legally reside in the UAE and manage their business operations.
Investor Visa UAE: A Pathway for Business Owners
What is an Investor Visa UAE?
An Investor Visa UAE is a long-term visa issued to entrepreneurs and business owners who establish or invest in a business within the UAE. This visa allows investors to live, work, and travel freely within the UAE.
Benefits of an Investor Visa UAE
- Long-Term Residency – Investors can obtain a visa for up to 10 years, depending on their level of investment.
- Sponsorship of Family Members – Investors can sponsor their spouse, children, and domestic workers.
- Access to Banking and Financial Services – A valid investor visa enables investors to open personal and corporate bank accounts in the UAE.
- No Employment Restrictions – Unlike employment visas, investor visa holders can manage their businesses freely.
- Travel Flexibility – Investors can enter and exit the UAE without the need for frequent visa renewals.
Eligibility Criteria for an Investor Visa UAE
To qualify for an Investor Visa UAE, applicants must meet one of the following criteria:
- Own a business in the UAE (RAK Freezone or other jurisdictions)
- Hold shares worth a minimum threshold in a UAE company
- Invest a specified amount in real estate or other approved sectors
How to Apply for an Investor Visa UAE
Step 1: Business Registration
To apply for an investor visa, the applicant must first establish a company in the UAE, such as a RAK Freezone Company.
Step 2: Visa Application Submission
Investors must submit the required documents, including:
- Passport copy
- Trade license copy
- Bank statements
- Company establishment card
- Visa application form
Step 3: Medical Test and Emirates ID Registration
Applicants are required to undergo a medical fitness test, after which they can apply for an Emirates ID.
Step 4: Visa Stamping and Residency Permit Issuance
Once all approvals are obtained, the investor visa is stamped on the applicant’s passport, and they receive a UAE residency permit.
Conclusion
Setting up an RAK Freezone Company and obtaining an Investor Visa UAE offer a seamless entry into the UAE’s thriving business ecosystem. The free zone’s investor-friendly policies, tax exemptions, and streamlined business setup process make it an ideal choice for entrepreneurs worldwide. Additionally, the investor visa provides a long-term residency solution, allowing business owners to operate and grow their ventures in the UAE.
For aspiring entrepreneurs and investors, taking advantage of RAK Freezone’s benefits and securing an investor visa is a strategic move toward business success in the UAE. With the right guidance and adherence to legal procedures, setting up a company and obtaining residency in the UAE can be a smooth and rewarding journey.
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