left rounded corner
English Version
Deutsche Version
right rounded corner
Winner of Seatrade Middle East & Indian Subcontinent Award for "Best Maritime Law Firm 2007"
NEWSLETTER
NEWS / ARTICLE
Mohammed Bin Rashid forms judicial panel on Amlak, Tamweel.
December 30, 2009
Mohammed Bin Rashid forms judicial panel on Amlak, Tamweel.
read more button
NEWS / ARTICLE
The Flexi Desk is back in RAK.
June 14, 2010

After the Ras Al Khaimah Free Trade Zone Authority had previously stopped issuing new licenses under the highly popular flexi – scheme, it now has decided to continue the offer. Under the flexi scheme investors are able to establish a company for relatively little money and without the necessity of renting a physical office. At the same time they are eligible to a limited number of residence visas under that company (one or two visas only). The scheme is a highly popular alternative for start ups and small consultancy businesses that operate on a home office basis even in Dubai. Special business centre services even allowed for such set up to be registered under a Dubai PO Box address. Previously the Authority had stopped the service entirely, allegedly in a bid to attract more physical business to Ras Al Khaimah. The easing of the restrictions may be due to a reverse tendency in general that saw other free zones like Hamriya, SAIF-Zone or Virtu-Zone coming up with comparable schemes to fill the void.

Axel Jacob, LLB, MLE
Axel Jacob, LLB, MLE
Senior Legal Consultant

Axel joined Fichte & Co in January 2006, holding qualifications and membership of the German ...

profile
info
2010
July
June
May
April
March
January
2009
December
November