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

2. 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.

3. 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

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

5. 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

6. Facilities At rak ftz Flexi facilities Executive offices
Shared facilities | Ready-to-use workstations | Dedicated phone number | Shared fax services | 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

7. 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

8. 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

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

10. 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

11. 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

12. 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.

13. 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:
Website:
facebook.com/rakftz
twitter.com/rakftz
youtube.com/rakftz
RAK Video