Here are some compelling reasons to invest in RAKEZ free zone: Flexible capital structure, Low-risk business proposition, Profit repatriation, and Easy entry and exit. If you are considering starting a business in the free zone, read this article and discover the benefits of setting up your business here. You will soon be able to reap the benefits. Read on to find out more. You can start your own business here without worrying about the legal requirements.
It is fast to establish a new business:
There are many benefits of incorporating a business in the Ras Al Khaimah free zone. First, it is incredibly fast to establish a new business. It can take as little as 3 days to form a company and you don’t need to be physically present in the UAE. You can conduct business in the free zone without any legal hassles. Second, the administrative procedures are simplified and painless.
Low-risk business proposition:
If you’re considering investing in the Ras Al Khaimah Free Zone, you’ll find many benefits. The economic zone is highly accessible, with affordable packages and state-of-the-art facilities. It connects investors with emerging markets in the Middle East, Africa, Europe, and South Asia. This free zone offers low-risk business opportunities that can help you build a successful business.
Flexible capital structure:
Investing in the RAKEZ free zone has many benefits for investors. The city is a commercial hub with business-friendly legislation, good infrastructure, air and port facilities, and proactive local authorities. Additionally, the city has favorable taxation and offshore regulations. Its low-cost workforce and excellent quality of life attract entrepreneurs from all over the world. Investing in the free zone makes economic sense and is well worth the time and money.
Another compelling reason to invest in RAKEZ Freezone is the possibility of profit repatriation. The Banking Law 94 of 2020 regulates the repatriation of capital and profit. Foreign investors are provided with local or foreign currency accounts and process transactions through those accounts using daily exchange rates. The process is supposed to settle within two business days, but some firms have reported small delays. These are some practical reasons that attract foreign investors to invest in the UAE.