Businesswomen Package For Female Entrepreneurs - RAKEZ FTZ

RAKEZ Free Zone has launched a new product called the Businesswomen Package, which is a one-of-a-kind offer for UAE businesswomen. In this free zone, it is now easier than ever for a woman to start a business. A woman can establish her own small business with a wonderful idea and a beginning capital of only 6,200 AED (the minimal government costs of a one-year package). There are two types of possibilities available here: one year and three years. A three-year package is even more cost-effective than a one-year plan because it includes one foreign investor visa (government costs are about 4000 AED). Commercial, E-Commerce, General Trading, Service, Educational Media, Individual, and Freelancer licenses are available, depending on the requirements. All local infrastructure becomes available to young women entrepreneurs, just like in other RAKEZ free zone offers – workstations, offices, warehouses, land plots, and so on. On RAKEZ’s official website, https://rakez.com/promotions/businesswomen, you may read the complete description of this new package for women entrepreneurs.

The process of registering a small business and creating a new corporation for women entrepreneurs appears to be rather straightforward:

• Collecting and submitting documentation is a must. You must gather a standard set of documentation for the registration of a new legal entity/private entrepreneur status at this stage, which varies significantly based on the type of license and business form chosen. In addition, at least once during the registration process, one must travel to the UAE to sign the documents in person.
• The registration cost must be paid. A woman entrepreneur pays the associated government costs depending on the bundle she chooses.
• Obtain a license. A businesswoman receives her license once all administrative procedures have been completed. She can then get down to business.
• Obtain a visa. The Businesswomen package makes it possible for a female entrepreneur to receive a residence visa.

It should be emphasized that you can complete the entire process on your own, including selecting a bank with which to create an account, submitting paperwork, and applying for a visa and a license. It will take a long time because you will have to deal with all of the issues, and you may make errors in the process and documentation, which will further slow down your registration. As a result, it is preferable and safer to commit this to a consulting firm. Our firm assists clients by informing businesses and acquiring permits in free zones such as RAKEZ. You can reach out to our experts by filling out this form or requesting a callback.

Women are underrepresented in the Middle East commercial sector for historical reasons, but the administrators of the RAKEZ Free Zone have taken steps to change that. Women can and will do business in our country because all of the necessary conditions have been created. To address this issue, the free zone’s administration hosted special events attended by young female entrepreneurs. Their mission was to discover and research the challenges that young businesswomen encounter. They presented a Businesswomen package based on the findings of their research, which aims to maximize the potential of women in business. There is a gender imbalance in business in the Middle East, which will persist for some time, but reforms are already underway, with the RAKEZ Businesswomen package being one of them. Moreover, various organizations, such as the Abu Dhabi Business Women Council, founded by Sheikha Fatima Bint Mubarak, offer programs for female entrepreneurs.