Ras Al Khaimah Dubai

Nestled between the Hajjar Mountains on the East and the Arabian Gulf on the West and sharing mountainous borders with the Sultanate of Oman.

It covers an area of 656 square miles (1700 km²). Ras Al Khaimah Dubai is in the northern part of the Arabian Peninsula.

The Emirate Ras Al Khaimah Dubai is a fascinating and a relaxing haven offering calm blue seas with clean white beaches, dramatic desert dunes and the majestic Hajjar Mountains.

It has numerous fascinating tourist landmarks, beautiful wildlife conservations and sanctuaries and golf courses.

The Ras Al Khaimah Dubai has an impressive archaeological heritage and a very rich history.

This area had always enticed settlers with its unique combination of all the four types of landscapes found in different parts of the United Arab Emirates: the fertile plains, the mountainous region, coastal areas and the desert environment.

Ras al khaimah free zone is a free trade zone with a unique combination of strategic business location, low fares and lean administration procedures.

Established in 2000, RAK Free Trade Zone (RAK FTZ) is one of the fastest growing and most cost-effective free trade zones in the UAE and today is home to some 5000 companies.

Our commitment to simple and customer-friendly procedures has already become recognised in the region and RAK FTZ is rapidly emerging as the preferred business hub of the Middle East.

RAK Free Zone is one of the most cost-effective free zone in Ras al Khaimah dubai.

Most importantly, it offers a trouble free, customer-friendly environment, which is crucial for the success of any enterprise.

The zone has created a name for itself around the world, following an extensive marketing and awareness campaigne.

The growth of industrial and free zone has been impressive given the significant free zone space through out the UAE and while the emirate’s authorities are seeking to complement rather than compete with their neighbours, it is clear industrial land availability and prices are favourable in Ras al Khaimah dubai.

Features of Ras Al Khaimah free zone are the following:

• 100% foreign ownership
• 100% income and corporate tax exemption
• 100% Capital & Profit repatriation
• Long term renewable lease
• Strategic location with access to over 1.2 billion consumers
• Transparent laws and regulations
• Promotion centres in Dubai and Abu Dhabi
• Simple and fast application procedures
• State of the art communication facilities
• Excellent Sea port and International Air port facilities
• Easy international Access
• Abundant energy supply
• Marketing support services

Ras al khaimah free zones are issued four types of licenses for different types of commercial and general industries which include: Commercial-General Trading License, Commercial license, Consulting and Service license.

Ras al Khaimah dubai is continuing to push its program of economic diversification and is emerging as a robust regional centre for investment, industry, trade and tourism.

The Ras Al Khaimah Free Trade Zone contains three different business parks specializing in various functions:

The first is a Business Park for trading and services which has fully-equipped offices.

In addition, the RAK Exhibition Centre, a five star hotel and a shopping and entertainment complex are all within close proximity.

The second section houses the Industrial Park, which was designed for heavy industrial production and warehousing of raw materials or finished products.

Plot sizes are provided to suit individual client requirements and are fully serviced with water, electricity and telecommunications.

The third is a Technology Park located in a rapidly expanding area in Ras al Khaimah dubai devoted to automated manufacturing and capital intensive quality lifestyle projects such as electronics and apparel.

Companies incorporated within the Ras Al Khaimah Free Zone are regulated by the Free Zone Authority and there is an arbitrational tribunal set up to resolve any disputes relating to the operation of the company.

So long as provision is made in the Articles of Association, the shareholders may adopt any international law for the resolution of disputes.

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Renowned for its natural beauty and art de vivre, Rak uae has also gained a reputation for being a transparent, tax free, corruption free and no red tape location to do business.

RAK Free Zone is one of the most cost-effective free zone in the region. Most importantly, it offers a trouble free, customer-friendly environment, which is crucial for the success of any enterprise.

The zone has created a name for itself around the world, following and extensive marketing and awareness campaign.

Over 4,500 companies from 106 countries across the Middle East, Europe, North America and Asia-have registered at the RAK Free Zone.

Rak uae has issued four types of licenses for different types of commercial and general industries, which include commercial general trading license, commercial license, industrial license, and consulting and services license.

A company or an individual wishing to operate a business at RAK FTZ can be registered at the zone in one of the following four legal forms:

A branch of an existing company

• Foreign branch
• Local branch

A new establishment

• Free Zone Company
• Free Zone Establishment

Rak uae has the incomparable three parks to differentiate the business.

The three parks are offering the well furnished offices, warehouses and land of various sizes, Rak free zone located at different locations across the emirate of ras al khaimah free zone; each park caters to the specific business interests and activities of Rak Free Trade Zone investors.

A company in any free zone can be established either as a free zone establishment (FZE), Free Zone Company (FZCO) or a branch of the foreign company.

Such companies can be owned 100% by foreign investor with no involvement of local partner or sponsor.

Some activities may require prior approval from the competent authority depending on the products activity you require.

Rak uae has a long industrial history and in recent years healthy sector activity has accounted for a substantial amount of economic growth.

Free Zone Company would require U.A.E Company as a trade agent if needed to trade within U.A.E. Mainland and 5% custom duty shall be applicable if goods are exported to Dubai from the Free Zone.

Outside U.A.E. trading would be permitted to Free Zone Company without any agency arrangement and without any custom duty. No other duty or tax of whatsoever is applicable.

Following Documents Are Required For A Branch Of A Foreign Company to establish in free zone:

• Memorandum of Association
• The Board of Directors’ Resolution authorizing the opening of the branch office in free zone of Dubai and appointing manager to take full charge of the branch
• Power of Attorney in favour of the Manager
• Certificate of Incorporation
• Photocopy of the Directors’ and Manager’s passport

Rak uae offers the strategic location, one of advantages along with 100 per cent company ownership, world class infrastructure, government and convenience services, access to 1.2 billion consumers, provisions of business, marketing and support services at Ras al Khaimah Free zone.

Salient features of a free zone are the following:

• 100% foreign ownership
• No corporate taxation for 50 years; renewable for an additional 50 years
• Freedom to repatriate capital and income
• No personal income tax
• Full exemption from import duties
• No currency restrictions
• No bureaucratic red-tapism
• No recruitment problems
• Abundant energy

Rak uae will be known as a region where businesses are welcome, successful and flourishing. RAKFTZ can undoubtedly be called the fastest growing Free Trade Zone in the region.

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Established in the year 2000, it has more than 5000 companies from 106 countries around the globe. It offers a string of benefits to the investors, viz

• 100% foreign ownership of the enterprise
• 100% export and import tax exemption
• 100% repatriation  of capital and profits
• No corporate for 15 years , renewable for an additional 15 years
• No personal income taxes
• Transparent laws and regulations

Other benefits to the investors include:

• Long term renewable lease
• Strategic location with access to over 1.2 billion consumers
• Transparent laws and regulations
• Promotion centers in Dubai and Abu Dhabi
• Simple and fast application procedures
• State of art communication facilities
• Excellent seaport and international airport facilities
• Abundant energy supply
• Marketing support facilities

Rak free zone is a world class business hub and a vehicle for industrial growth and development.

The RAK free zone, with its cutting edge technology and keen customer focus, offers on-demand and custom-built support services to investors in a cost effective and flexible environment.

The Free Zone also offers a range of unique services, which include the legal, human resources and marketing assistance.

An investor is entitled 100% ownership of his company as long as company conducts business within the free zone or abroad.

Over the years, RAK has set up free trade zones to give a push to its exports.

These free zones are under two different authorities: RAK Free Trade Zone and RAK Investment Authority (RAKIA).

All types of businesses can be set up within Rak free zone. An independent free zone authority governs the freezone and is the agency responsible for issuing free zone operating license and assisting companies in establishing their businesses in the free zone.

Investor can either register the new company in the form of free zone establishment (FZE), free zone company (FZC) or simply establish a branch or representative office of their existing or parent company based within uae or abroad.

An FZE/FZC is a body corporate with a limited company governed by the rules and regulations of the free zone in which it is established.

There is no minimum capital requirement for establishing a branch in Rak free zone. The minimum capital requirement is AED 100000 for establishing FZE/FZC.

The procedures for establishing are very simple and can be completed in a short time, especially if there are no any environmental issues involved.

By segregating business activities according to function, operational requirements, and the needs of the surrounding communities, Rak free zone has created a system of three Free Zone Parks.

The three Parks: Technology Park, Industrial Park and Business Park are spread over three different locations within the Emirate. The 71 hectare RAKFTZ Technology Park is located at the Southern corner of the Emirate.

The first RAK free zone park is a Business Park for trading and service which has fully-equipped offices.

In addition, the RAK Exhibition Centre, a five star hotel and a shopping and entertainment complex are all within proximity.

The second section houses the Industrial Park, which was designed for heavy industrial production and warehousing of raw materials or finished products. Plot sizes are provided to suit individual client requirements and are fully serviced with water, electricity and telecommunications.

The third is a Technology Park located in a rapidly expanding area devoted to automated manufacturing and capital intensive quality lifestyle projects such as electronics and apparel. Moving forward, the Rak free zone is expected to see more and more companies joining in.

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