Setting up in RAKMC involves obtaining a combination of business license, legal entity and a facility.

1.     Types of Licenses

Note:  These Licenses are only valid within RAKMC – licensees are not allowed to operate in the UAE outside RAKMC premises.

 1.1.    Commercial License

This license allows the holder to import, export, sell, distribute and store items specified on the license. If the finished products are sold in the UAE market then the License holder will need to do this through a local distributor or a local agent. Up to seven activities under a similar business  activity group.

 1.2.    General Trading License

A General Trading License can be obtained under a Commercial License, which allows for more than seven product lines.

1.3.    Industrial License

This license allows the holder to import raw materials for the purpose of manufacturing, processing and/or assembly of specified products. The finished products may be exported outside the UAE.  Sales in the UAE market must go through a distributor or a local agent.

2.      Types of Legal Entities

A company wishing to set up business at RAKMC can be registered as one of the following four legal entities:

2.1.   New Establishments

1.  

2.  

2.1.1. Free Zone Establishment

This type of Company can be formed only by one shareholder, either an individual (person) or a Company.

2.1.2. Free Zone Company

This type of Company can be formed by a minimum of two shareholders and a maximum of five founders. The founders can be Individuals (person), Non-Individuals (companies) or a combination of individuals and companies.

      2.2.   Branches

2.2.1. Local Branch

A branch of a domestic firm residing in the United Arab Emirates. The parent company should have existed for more than one year.

2.2.2. Foreign Branch

A branch of a international firm residing outside the United Arab Emirates. The parent company should have existed for more than one year.