Business Setup In Ras Al Khaimah Mainland
Every business that needs to set up an office on the UAE mainland needs to have a local sponsor which is a UAE National. All new companies set up under the mainland must have legal documents to show that 51% of the shares is owned by a local. An expatriate may only own the remaining 49%. However, through a Memorandum of Understanding, these terms can be adjusted to suit the investor’s purposes.
For all services our professional advisers are available 24/7 to assist and support you at all stages for a smooth setup of your business in Dubai. Our advisers assist you at all stages, from finding a reliable business sponsor, arranging for an office space to issuing the trade license.
Business Setup In Ras Al Khaimah Freezone
For rak free zone business setup, no local sponsorship or staff recruitment is essential and the company has the complete ownership of the business. It is also exempt from customs duty, exports duty and are also free of any levies in free zones.