RAK Freezone Companies

These companies have 100% foreign ownership and are used for trading outside the UAE. However, entities in free zones can also sell products within UAE through local distributor or agent licensed in UAE however for such sales normal customs duty is levied.

Benefits of a Freezone Company

• 100% foreign ownership
• 100% tax free no income or corporate taxes
• Capital and profit repatriation allowed
• No foreign exchange control
• No restrictions on employment of expatriates
• Double taxation treaties with only a few countries

Types of License available

• Industrial License: Manufacturing, processing, assembling, packaging etc.
• Trading License: Import, export, distribution, warehousing, trading (maximum 5 activities from similar product lines or 3 different activities from 2 different product lines)
• General Trading: All kinds of trading, import, export, warehousing and distribution of goods
• Commercial License: All activities covering contracting, repairing, maintenance, renting etc.
• Consulting / Services License: Any type of management, business, industrial consultancy or professional services including real estate consulting
• Media License: All kinds of media and communication services

Noah Overseas offers low and competitive fees - please contact us for details!