Feb 16, 2023

RAKEZ issues instant licenses for business

Ras Al Khaimah Economic Zone (RAKEZ) became the first UAE FEZ to issue instant business licenses for the companies.The procedure to obtain license is performed online and takes five minutes only.

To start the business operations, one shall choose a business package, activity and make payment at RAKEZ website.Today, entrepreneurs are able to choose business packages of minimum AED 5,5 ($1,500) as well as add several activity types and visas.

RAKEZ is a fastest growing free economic zone located in the Ras Al Khaimah Emirate, the UAE. It is focused on production, trade, and individual entrepreneurship.

See the most notable UAE business news online in the Telegram channel - Russia-UAE Trade House

(WAM, February 16, 2023)