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What are the types of license provided by RAKIA?

April 26, 2017license provided rakia types

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What are the types of license provided by RAKIA?

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for carrying out different types of activities in free zones, industrial zones, media city, knowledge city, IT park etc. For details of license fees please refer to tariff card. Can I be a partner in more than one company? There are no restrictions on the number of businesses in which the investor can involve in. What type of business enterprises are allowed in the RAK Zones? RAK-Zone deals with different types of activities namely, industrial, commercial, consulting & professional service, trading, logistics, media, education etc. subject to RAKIA’s approval. The emphasis is not on size but on the type of business. The major emphasis is on industrial manufacturing activities. What are the terms for land lease, lease period? The land is available on lease basis. Companies willing to operate in RAK must obtain a suitable license from RAK Investment Authority and enter in to an agreement for long term leasing of land generally for 25 years, renewable for similar periods. The current rate