A UAE free zone is offering entrepreneurs the opportunity to get a business licence in less than five minutes.
Ras Al Khaimah Economic Zone (RAKEZ) has introduced a new “Instant Business Licence” system, allowing entrepreneurs to get their business licences in less than five minutes.
The online process eliminates the need for paperwork and physical visits, making it a fast and convenient option for investors.
UAE business licence
By visiting the RAKEZ website, entrepreneurs can choose a business package and activities, make payment, and receive their licence to start their business operations immediately.
RAKEZ Group CEO, Ramy Jallad, said that RAKEZ is the first economic zone in the UAE to offer this type of instant licence, and that its goal is to provide investors with simplified solutions for their business setup and beyond.
The instant business licence is available for business packages starting from AED5,499 ($1,500), with options for adding multiple activities and visas.
Jallad added that RAKEZ is constantly looking for innovative solutions to support potential investors, entrepreneurs, and existing business owners.
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