Local Sponsorship Agent Service in RAK, UAE

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Local Sponsorship Agent Service – RAK, UAE

If you’ve ever dreamed of establishing a thriving business in the United Arab Emirates (UAE), then you’re in the right place. At Shuraa Business Setup, we’ve curated a team of business setup consultants, lawyers, PRO executives, company formation experts, and local sponsor Dubai, ready to turn your entrepreneurial dreams into reality. 

With Shuraa’s assistance, we ensure the security of your partnership or ourselves become your contracted local partner, providing comprehensive protection according to your agreed terms. 

Our sponsorship services will provide you with all the documentation to protect your business and secure the financial rights of your company. 

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What is Local Sponsorship in RAK, UAE?

Local sponsorship in the UAE is a legal requirement for foreign companies or individuals who wish to establish a presence in the country. It involves partnering with a UAE national or a UAE-owned company who acts as the local sponsor. 

The local sponsorship RAK, UAE assumes certain legal and financial responsibilities on behalf of the foreign company, such as obtaining licenses and permits, representing the company in government dealings, and ensuring compliance with local laws and regulations. 

Local sponsorship can be beneficial for foreign companies as it provides them with access to the local market and enhances their credibility and reputation in the UAE. 

Why Do You Need Local Sponsorship for a Successful Business?

15+ Years of Helping Businesses Succeed in the RAK

Increased brand awareness
Legal compliance
Business credibility
Strategic partnerships
Cost-effective marketing
Improved customer loyalty

Our Comprehensive Business Setup Services In UAE:

  • Company Registration and Licensing
  • Sponsorship & Visa Services
  • PRO Services
  • Banking Assistance
  • Investor Rights Protection
  • Value-Added Services
RAK Business Setup - Your Local Sponsorship Agent in UAE

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Professional team

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Comprehensive services

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Tailored solutions

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In-depth proactive contracts

Responsibilities of a Local Sponsor RAK

Hold the company's shares
Act as the company's representative
Court Agreement letter / Notary
Provide financial guarantees
Legally responsible for the company's activities
Obtain work visas for foreign employees
Pay annual fees to the government
Doesn’t interfere in the day-to-day operations
May provide accounting, legal, and marketing services

WHO WE ARE AND WHAT SETS US APART

Mainland allows businesses to operate anywhere in the UAE, while Freezones restrict operations to the freezone area but offer tax benefits and simplified processes.

It depends on the type of business. Mainland is ideal for wider market access, while Freezones offer tax incentives and 100% foreign ownership.

Yes, in specific circumstances, such as when the business is set up as an LLC with a local agent.

Key advantages include 100% foreign ownership, tax exemptions, no import/export duties, and simplified setup processes.

 

No, businesses in the Freezone can have 100% foreign ownership without the need for a local sponsor.

Yes, VAT is applicable at 5% on most goods and services in Ras Al Khaimah Mainland.

Manufacturing, trading, logistics, IT services, and media-related businesses are popular in the Freezone.

Yes, Mainland companies can operate across the UAE, including Dubai and other Emirates.

 

Yes, most Freezone companies need to rent office space, even if it’s a virtual office in some cases.

Costs vary, but setup fees typically range from AED 10,000 to AED 50,000 depending on the business type.

 

Setting up a business can take anywhere from 2 to 5 weeks, depending on the complexity of the business.

Yes, businesses can hire foreign workers, subject to obtaining the necessary work permits.

Yes, Ras Al Khaimah Freezone businesses benefit from tax exemptions, including no income tax for up to 50 years.

Yes, Ras Al Khaimah offers business setups with flexible capital requirements, especially in Freezones.

For a Limited Liability Company (LLC), the minimum share capital requirement is AED 300,000.

Yes, certain industries may be restricted based on the Freezone’s focus (e.g., IT, media, logistics).

Businesses can transfer by completing the necessary paperwork, transferring licenses, and ensuring compliance with Ras Al Khaimah’s regulations.

Yes, companies are required to submit annual audited financial statements in Ras Al Khaimah Mainland.

Yes, banks in Ras Al Khaimah offer business accounts for Mainland and Freezone companies.

Yes, businesses can sponsor employees for work visas and residency permits in Ras Al Khaimah Freezone.

Need more info?

+971 7 222 2448

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