RAKEZ unveils midshore company set-up to position Ras Al Khaimah as a gateway to global business
Ras Al Khaimah Economic Zone (RAKEZ) has introduced a new Global Product, an innovative midshore free zone set-up that allows investors to redomicile or incorporate a new company through one of RAKEZ’s authorised Corporate Service Providers (CSPs).
Since RAKEZ Global Product (RGP) is midshore, it merges some of the key offshore and free zone company set-up benefits into one offering. Among its exceptional features include: remote company set-up with e-documents and no physical presence required; ease of domicile migration from within the UAE or globally; and premier facilities options, such as co-working spaces, offices, warehouses and land for development.
In addition, investors benefit from zero corporate taxation and access to UAE’s 100+ Double Taxation Treaties, and eligibility to apply for a residence visa and corporate bank account in the country.
“With RGP as our latest addition to our company set-up structures, investors can easily expand their investment horizons with the help of our trusted CSPs while enjoying a selection of combined benefits from offshore and free zone settings,” remarked Ramy Jallad, Group CEO, RAKEZ.
