Audit & Assurance
Ras Al Khaimah Free Trade Zone (RAK FTZ) is one of the leading business hubs in the Middle East. Established in 2000, RAK FTZ has been offering excellent opportunities for international businesses to expand their operations. Located in the United Arab Emirates (UAE), the free zone provides a wide range of services and benefits to its clients including 100% foreign ownership, no taxation on corporate profits and personal income, as well as access to world-class infrastructure.
The advantages offered by RAK FTZ are attractive to investors and entrepreneurs from all over the world. The free zone boasts a strategic geographic location that is close to major markets in Europe, Africa and Asia, making it an ideal platform for businesses looking to expand their reach across multiple regions.
Industrial License: Import of raw materials, manufacturing, processing, assembling, packaging, and exporting finished products are all permitted activities under an industrial licence. Feasibility and environmental impact studies, as well as RAKFTZ approval, are required. This type of licence typically takes 2 to 3 weeks to process.
Commercial License: Import, export, distribution, consolidation, storage, or warehousing of items specified on the License are all permitted activities. The maximum number of similar product lines is seven. It is usually issued within 2 to 3 working days.
Consulting & Service License Activities allowed: Service & Consulting Offering consulting services in management, finance, investment, legal issues, labour relations, economics (including feasibility studies), industrial development, marketing, and related subjects is permitted under the licence. Restaurants or food outlets, catering services, travel agencies, leisure and social activities, insurance, cargo & freight forwarding, accounting, and audition services are examples of other services. It is usually issued within 2 to 3 working days.
Commercial - General Trading License: A Commercial License, which allows for more than seven product lines, can be used to obtain a General Trading License. It is usually issued within 2 to 3 working days.
Reyson Badger provides the best auditing services in Ras Al Khaimah Free Trade Zone. Reyson Badger is a business consultancy firm with offices located throughout the UAE and internationally, specialising in auditing services. The highly experienced and qualified team of professionals at Reyson Badger strive to provide their clients with high quality audit services that are tailored to meet individual requirements.