Established in 2000, RAK Free Zone is home to 8000+ businesses originating from 100+ countries across the world. The companies registered in the RAK Free Zone are engaged in more than 50 types of businesses. RAK Free Zone is able to attract a vast number of investors due to its low cost of living and lower business expenses and costs, which result into more profits for the businesses. Moreover, RAK Free Zone is situated in close proximity to Dubai.
FZE is an entity that is formed and registered in Ajman Free Zone. It is regulated by the Free Zone Authority in accordance with the Amiri Decree No. 3 of 1988 (amended by the Amiri Decree No. 3 of 1996). These establishments enjoy a provisions as separate legal entities and they can be 100% owned by either a person or a corporate body. Such entities must have a capital approximately equivalent to US $50,000. The liability of the business owner is limited to the amount of his share capital.
Licences under this class are issued to companies that are incorporated in the Free Zone in accordance to the Amiri Decree. Such companies enjoy a separate legal identity and the owner is liable only for the value of the paid up capital.
Licences under this category are issued to companies that are registered outside the U.A.E. It is mandatory for the company to have 100% foreign ownership and the sales have to be made through a registered agent or a distributor in U.A.E. The activity could involve commercial, industrial or professional services.
Licences under this category are issued to companies already holding a valid licence from any other UAE licensing authority except for the authorities associated with other Free Zones.