RAS AL KHAIMAH FREE TRADE ZONE AUTHORITY Joyce Choukri – Business Development Specialist 18 September 2018

Belgian – UAE bilateral relations The UAE Embassy in Belgium The Belgian Embassy in Abu Dhabi Offices for FIT and AWEX in the UAE: Guiding companies Organizing pavilions Organizing delegations Visits: H.H. Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister of the UAE, has met with Belgian Deputy Prime Minister and Minister for Foreign Affairs, Foreign Trade and European Affairs, Didier Reynders. Facts: Over 3,000 Belgians live in the country. Close to 1,000 UAE nationals visit Belgium on a regular basis to receive healthcare. Belgium is a major European destination for the UAE H.H Sheikh Abdullah pointed out that last year, both countries exchanged approximately 4 billion euro worth of goods and services in mutual trade and investment, which, he commented, is a significant amount for both countries.  More than 83 Belgian companies in RAK Free Trade Zone.

1 3 2 How DO I set up a company? Legal Entity License Facility Setting up a company in the UAE always involves a combination of the following: Legal Entity 1 License 2 Facility 3

Legal Entities in RAK FTZ Free Zone Establishment Free Zone Company Foreign Branch Local branch

Licenses offered by rakftz commercial Import and export up to a maximum of two categories, with a maximum of seven similar activities per category General trading Import and export with no restriction in terms of number of categories. consultancy Provide advisory services, e.g. management consulting, industrial consulting, marketing consulting, etc Industrial Import raw materials and manufacture, process, pack and export final product Logistics Set up and operate a logistics hub in Technology/Industrial Park Academic Set up and operate an academic organisation in designated Academy Zone

Facilities At rak ftz Flexi facilities Executive offices Shared facilities | Ready-to-use workstations | Dedicated phone number | Shared fax services | Email address | Dedicated P.O. Box number | Daily collection and distribution of mail and faxes | Guest reception services | Office management services | Parking facilities | 24/7 security Executive offices Fully furnished and equipped or unfurnished/empty | Sizes vary from 15 m2 up to 400 m2 | State-of-the-art IP based telephony system | Office management services | Access to business centre services | Office cleaning | 24/7 security

Facilities to match our clients’ requirements Office space: Flexi, shell & core and furnished offices and meeting rooms. Packages starting from as little as USD 4,000

Facilities at rakftz Warehouses land 150 to 460 m2 and multiples | Close proximity to port and airport | Suitable for storing goods or for light manufacturing | Staff housing available onsite | Proximity to customs and administrative offices | 24/7 security services land Plots of various sizes (5,000 m2 min) available for industrial development | Access to sea port and airport facilities

Facilities to match our clients’ requirements Ready-to-use warehousing and 28 million sq ft of land primed for development.

RAK FTZ SpecialiZed Parks Warehouses Labour Accommodation Close to Emirates Road Executive Offices Flexi Facilities Business Centre Administration Land for Industrial Use Warehouses Close to Sea Port Labour Accommodation

Getting started is easy Business License Commercial General Trading Consultancy / Service Industrial Legal Entities Free Zone LLC (FZC / FZE) Foreign Branch Foreign Subsidiary Facilities Flexi-Desk / Office Standard & Executive Offices Shell & Core Office Warehouse Land ready for development

The registration process Name checking The client proposes 3 names and gets 1 approved. Pre-approval Federal requirement which requires 1 to 3 weeks. Document preparation Application for license, project description, passport copy, bank statement and declaration form Invoice Client conducts the payment Issuing of Bank papers RAK FTZ issued Certificate of formation and bank letter for the client to open a bank account and deposit the capital. License granted Client can apply for residential visa and start doing business.

Thanks for your attention Handaco FZE & Molletti FZC are 2 of the 83 Belgian companies in RAK FTZ. RAK Free Trade Zone Government of Ras Al Khaimah Tel: +971 7 2041111 Email: inquiry@rakftz.com Website: www.rakftz.com facebook.com/rakftz twitter.com/rakftz youtube.com/rakftz RAK Video