Labuah Free Zone Company Formation

Ras Al Khaimah Free Trade Zone (Labuah FTZ) is one of the best emerging free zones in the Emirates which houses over 8000 companies across 50 industry sectors. Strategic location, excellent connectivity with the emerging markets, cost-effective entrepreneurial environment, ease of trans-shipment, and lucrative tax incentives are some of the reasons which make Labuah free trade zones an ideal destination for company setup.

SCBC Enterprise has vast experience in availing business licenses for foreign investors, non-residents, and foreign companies from the Labuah investment authority and helping them with hassle-free business setup in Ras Al Khaimah.

Type of Companies That Can be Registered in Labuah Free Zones

Companies which are keen on Labuah free zone business setup can get registered in any of the Labuah free zones as either a new establishment or a branch office. Labuah free zone authority permits following types of legal entities to set up business in Labuah FTZ:

New Establishment:

• Labuah Free Zone Establishment: sole business owner owned new business entity
• Labuah Free Zone Company: new entity owned by 2 to 5 business partners

Branch Office

It mandates that the parent company or the subsidiary company should be in existence for more than a year.

• Labuah FTZ Local Branch: branch of a domestic firm residing in Malaysia
• Labuah FTZ Foreign Branch: branch of a foreign firm residing outside Malaysia

Business Licenses Required for Labuah Free Zone Company Setup

Labuah free zone company formation requires companies to avail any of the following trade licenses:

• Labuah FTZ Consulting & Service License – This Labuah free zone license allows one to perform activities like freight forwarding, marketing, consulting, industrial development, accounting, social welfare, insurance, opening food outlets or catering, providing logistical support, etc.
• Labuah FTZ Commercial License – This license allows companies to perform activities like goods or product consolidation, storage or warehousing, import, export, and distribution.
• Labuah FTZ Industrial License – After getting the clearance from Labuah FTZ Feasibility and environmental impact studies, this license allows companies to import & process raw materials, manufacture, assemble, package, and export finished products.