RAK Maritime City
RAK Maritime City Free Zone

RAK Maritime City Free Zone is the latest, and most advanced, maritime free zone to open in the United Arab Emirates. The vision of H.H. Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, RAK Maritime City Free Zone is a project of huge dimensions, which in turn will have a long lasting impact on the maritime industry across the region.

The fifth state of the art port facility in the Emirate of Ras Al Khaimah, the project covers 8 million square metres of strategically located coastland, combining a dedicated harbour, access to deepwater berths in the future, 5 kilometres of new quay wall, exclusive private jetties, deep harbour entrance, plus a variety of plots for industrial, commercial and general trading businesses.

The benefits are as diverse as the offerings. RAK Maritime City Free Zone combines the best in international port facilities with inherent business advantages for companies seeking cost efficient, secure, transparent and customized business answers with the best in tax benefits. RAK Maritime City Free Zone will be zoned into areas for specified use — retail,warehousing, general cargo handling, industrial production and manufacturing, tank storage and shipbuilding or repairs. Each will be able to incorporate companies as both FZE and FZC entities, along with a choice of trading licences, work permits and UAE residence visas. With significant land expansion available for individual companies, outstanding access to a variety of markets, low operating costs, and complete business support in all your ventures, RAK Maritime City Free Zone is your maritime gateway into the region.

Types of Licences

Setting up in RAKMC involves obtaining a combination of business license, legal entity and a facility.

Types of Licenses

Note:  These Licenses are only valid within RAKMC – licensees are not allowed to operate in the UAE outside RAKMC premises.

Commercial License
This license allows the holder to import, export, sell, distribute and store items specified on the license. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent. Up to seven activities under a similar business  activity group.

General Trading License
A General Trading License can be obtained under a Commercial License, which allows for more than seven product lines.

Industrial License
This license allows the holder to import raw materials for the purpose of manufacturing, processing and/or assembly of specified products. The finished products may be exported outside the UAE.  Sales in the UAE market must go through a distributor or a local agent.

Types of Legal Entities
A company wishing to set up business at RAKMC can be registered as one of the following four legal entities:

New Establishments

Free Zone Establishment
This type of Company can be formed only by one shareholder, either an individual (person) or a Company.

Free Zone Company
This type of Company can be formed by a minimum of two shareholders and a maximum of five founders.
The founders can be Individuals (person), Non-Individuals (companies) or a combination of individuals and companies.

Branches

Local Branch
A branch of a domestic firm residing in the United Arab Emirates. The parent company should have existed for more than one year.

Foreign Branch
A branch of a international firm residing outside the United Arab Emirates. The parent company should have existed for more than one year.

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