Ras Al Khaimah Investment Authority

Ras Al khaimah Investment Authority was incorporated in the year 2005 under the patronage, vision and guidance of His Highness Sheikh Saud bin Saqr Al Qasimi, the Crown Prince and Deputy Ruler of the emirate of Ras Al Khaimah.

The mandate of the authority is to attract quality investments in the key sectors of RAK economy such as industry, tourism and real estate.

Ras Al Khaimah Investment Authority | Ras Al Khaimah Investment Authority Free Zone Media City

It is located within 1 hour driving distance from Dubai (85 kms) and 30 minutes drive from Sharjah (45 kms).

The land and infrastructure costs are competitive by as much 50-60% as compared to any neighboring Emirates.

With its proximity to Dubai and good connectivity, Ras Al Khaimah is quickly developing a reputation as one of the hottest investment destinations in the region, and as a tranquil and affordable place to live and work within the UAE.

The semi-governmental body will have a legal character and would enjoy financial and managerial independence.

Ras al Khaimah Investment Authority will have the brief of proposing investment policies and supervising their implementation, assessing economic feasibility studies pertaining to investment and promoting developmental projects and investment opportunities across economic sectors within RAK.

Ras al Khaimah Investment Authority acts as one stop shop for all investor needs. Our services include offering business licenses (Free and Non-free zones), visas, industrial plots, warehouses, labour accommodation, commercial space, building permits etc.

Ras al khaimah investment authority provides all necessary infrastructure and approvals under one umbrella for all investors including partnering them for their projects in UAE.

Rak government’s vision is that Ras al Khaimah Investment Authority becomes leading authority in making sound investments in Rak and partner with others who share their vision, enabling them to achieve their objectives, at the same time creating a sustainable and growing economy.

Ras al khaimah investment authority has been able to attract close to US$ 1.2 billions of investment from all over the world, in various industry segments since inception less than 2 years ago.

These industries are diverse and strategic and are in the areas of Glass & Table ware, Float Glass sheet, Cement, DVD media factory, Renewable Energy, Pharmaceuticals, Consumable Hygienic Products, Vehicle Assembly, Hotels & Hospitality business, Health & Education, Tourism industry and many more.

Ras al khaimah investment authority is at the forefront of the Ras Al Khaimah Government’s initiatives to diversify the economy, and is responsible for promoting the development of the Industrial Zone and the Free Zone in Al Hamra, and the Industrial Park in Al Ghayl.

Since its inception two years ago, the Investment Authority has successfully attracted almost USD 2.0 billion worth of investments from all over the world, across a broad range of industrial sectors.

Setting up of the Ras al khaimah investment authority is a step towards bringing this policy to life.

The Authority will propose and implement investment policies at a macro level and at a micro level, be involved in feasibility studies, viability analysis and establishment of healthy business enterprises in tourism, manufacturing and related sectors within Ras Al Khaimah.

To further accelerate the growth of the economy through foreign investments, Ras al Khaimah Investment Authority will also set up, establish and run the 4th Free Zone in the Emirate. It will also partner investors in enterprises outside the Zone where economic imperatives demand it.

Recently Ras al Khaimah Investment Authority has formed RAK OFFSHORE which is a true offshore facility and regularity body offering complete offshore non-resident business registration and financial services.

With RAKIA’s success in attracting companies and inward investment to the emirate, plenty of opportunities for corporate services are on the horizon.

In fact RAK Offshore, an authority created in 2006 to provide the financial infrastructure needed to support increased economic activity, had registered almost 2000 companies by the end of 2008.

Our website rakcompany.net gives wide information about Rak company formation and Free Zone Company.

Ras Al Khaimah Investment Authority | Ras Al Khaimah Investment Authority RAK Global

One of the key advantages of rak offshore is that it offers complete privacy and confidentiality.

If properly structured offshore company formation is an excellent ,tax efficient strategy for enterpreneurs to conduct their international business.

In our opinion rak offshore is the  ideal offshore jurisdiction to invest money.

Offshore company formation is an excellent, way to legitimately minimize international taxation.  It is a legitimate way to protect your asset.

Offshore company registration procedures are typically less complex than those in traditional trading jurisdictions it requires only limited information on shareholders, directors and beneficial owners. So setting up of an offshore company is quick and cost effective.

The registrar of companies is the production unit of rak offshore and is responsible for establishing business relationships, incorporating offshore companies through licensed registered agents.

We provide offshore services in Ras Al Khaimah, UAE because it is the most confidential and secure offshore location today. We offer you low cost confidential offshore services and do offshore incorporating in the fastest and most efficient manner.

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RAKIA

RAKIA has been set up to fulfill the vision of the Government which is to build a diverse economy that enjoys strong, sustainable growth, by attracting investments from the domestic and foreign markets that will create wealth and raise the standard of living for all the people of Ras Al Khaimah.

The RAKIA was constituted as per Emiri Decree No. (2)/ 2005 issued by H.H. Sheikh Saqr Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah.

The mandate for RAKIA is to work towards reinforcing the investment climate in the Emirate and to promote its various economic sectors.

RAKIA | RAKIA Free Zone Warehouses

RAKIA’s brief is to propose investment policies, supervise their implementation, assess economic feasibility studies pertaining to investment and promote developmental projects and investment opportunities, across diverse economic sectors within RAK.

It also facilitates easy processing of application for setting up new projects.The semi-governmental body will have a legal character and would enjoy financial and managerial independence.

RAKIA has so far attracted investors from a variety of sectors, including steel manufacturing, food processing, diaper manufacturing, energy equipment assembling etc.

The RAKIA would also facilitate easy processing of applications for setting up new projects. It has also been assigned the duty of supervising the setting up and licensing of companies wishing to establish investment projects in RAK.

The new Authority will have the brief of proposing investment policies and supervising their implementation, assessing economic feasibility studies pertaining to investment and promoting developmental projects and investment opportunities across economic sectors within RAK.

RAK Investment Authority has been given the mandate to establish, run and operate a free zone in the emirate for foreign investors who wish to have full ownership and to avail of the tax and the duty concessions.

The free zone located adjacent to the RAKFTZ Technology Park on an area of 2.1million square meters, offers land for investors who wish to avail of free zone benefits by setting up limited liability companies with local partners.

Within just three years of its inception RAKIA has more than 16oo companies under its portfolio.

It has amassed over $2.5 billion in industrial investments, powering an unprecedented economic surge that has made Ras al Khaimah one of the fastest growing emirates in the UAE and the region.

Its aggressive expansion initiatives have consolidated the emirate’s reputation as an investment haven for all sectors; in fact the licenses RAKIA has issued show a remarkable balance among key sectors.

Ras Al Khaimah Investment Authority has also made significant investments in infrastructure and knowledge to attract world-class IT and technology companies.

Under the direction of H.H. Sheikh Saud bin Saqr Al Qasimi, the Crown Prince & Deputy Ruler of Ras Al Khaimah, they are persuing the goal of making Ras Al Khaimah a regional hub for industrial manufacturing, service sector & Tourism.

With this vision in mind, a humble beginning was made by setting up RAK Ceramics in Ras Al Khaimah.

The operations of RAK Ceramics in Ras Al Khaimah is the most profitable though they have similar plants in China, India, Bangladesh, Sudan etc. the so called low cost manufacturing bases.

This is due to the unique advantages one gets in operations in Ras Al Khaimah.

RAKIA has formed RAKOFFSHORE, which is a true offshore facility and regularity body offering complete offshore non-resident business registration and financial services.

Real Estate development plays a major role. It sustains the economy by creating jobs and investment opportunities.

The vision led to formation of two real estate development companies, RAK Properties and Rakeen Development.

Rak offshore offers businesses and individuals a wide range of comprehensive services and structures that are dedicated to non-residents.

Rak offshore also benefits from one of the most comprehensive lists of non double taxation treaties in the world, including with China, India, Italy, France and Germany.

Rak offshore is an ideal location for international business location for international business operations and asset protection schemes. If you are looking for an offshore location in the Middle East without too much cost or hassle.

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RAK Investment Authority

Rak Investment Authority was constituted in the northern emirates of Ras Al Khaimah, in 2005 as per directives of His Highness Sheikh Saud bin Saqr Al Qasimi , the crown prince and deputy ruler of Ras Al Khaimah.

Ras Al Khaimah (RAK) is one of the seven emirates that comprise the United Arab Emirates (UAE).

Strategically it located on the tip of the Arabian Gulf, Ras Al Khaimah shares borders with Oman, Sharjah, Dubai and Fujairah.

RAK Investment Authority | Free Zone Companies

The total land area of the RAK is 2478 sq.kms and has an overall population of 250,000. The past few years has seen RAK grow rapidly on the back of economic development and diversification of its industries.

The mandate for the authority is to work towards reinforcing the investment climate in the emirate and to promote its various economic sectors.

The establishment of RAK Investment Authority (RAKIA) has helped drive the enormous economic growth in the emirate, which has seen GDP increase by more than 50% during the past four years.

Within 3 years of its inception, Rakia has managed to attract more than 1600 companies to the emirate and amassed more than USD 2 bn in industrial investments.

Advantages of RAK Investment Authority

Any investor who wishes to grow with RAK Investment Authority, will enjoy the following facilities:

Fiscal Benefits

• 100% income and corporate tax exemptions
• No foreign exchange controls
• 100% capital and profit repatriation
• Strong appreciating and fully convertible currency
• Low inflation
• Easy funding from International Banks

Regulatory Benefits

• 100% ownership in free zones
• No trade barriers or quotas
• Easy licensing procedures
• Simple import, Export policies
• Liberal labour laws
• No restrictions on hiring expatriates

Rak Investment Authority has been able to attract close to US$ 1.2 billions of investment from all over the world.

RAK Investment Authority has formed RAK offshore, which is a true offshore facility and regularity body offering complete offshore non-resident business registration and financial services.

RAK offshore allows any non resident individual or moral entity to open a company registered within the RAK free zone.

These companies are extremely flexible international instruments that can serve many objectives: trading operations, asset protection, tax planning, real estate holding, trusts, funds etc.

They require a symbolic capital and only one director and shareholder. They can hold board meetings anywhere on the planet and the identity of their shareholders are kept confidential by law, unless there is suspicion of criminal activity by the RAK and regulatory bodies.

RAK Offshore, together with Ras al Khaimah is a new commercial and tourism hub through a number of road shows in Western and Eastern Europe, India and Korea among other.

RAK Investment Authority is at the forefront of the Ras al Khaimah Government’s initiatives to diversify the economy, and is responsible for promoting the development of the Industrial zone and the Free Zone in Al Hamra, and the Industrial Park in Al Ghayl.

Since its inception two years ago, the Investment Authority has successfully attracted almost USD 2.0 billion worth of investments from all over the world, across a broad range of industrial sectors.

During the first quarter of 2007, the Authority registered a 200 per cent growth in the number of companies registered, to take the total number of firms to more than 1,000, making RAK Investment Authority one of the fastest growing Free zone or Industrial zone organization in the MENA region.

To ensure maximum flexibility for investor while maintaining strict compliance with local as well as international rules and regulations, RAK offshore has a dedicated RAK Financial Services Authority(FSA) that is directly in charge of overseeing the regulated financial activity within RAK offshore as well as RAK Financial city.

We provide offshore services in Ras al Khaimah. We offer you low cost confidential offshore services and do offshore incorporating in the fastest and most efficient manner.

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RAK Investment

Rak investment authority (RAKIA) is an investment arm of the Ras al khaimah government, UAE with a mandate to promote and oversee the economic development of the emirate.

RAK Investment | Ceramic Toilets

In the process, it transformed RAK into an investment destination with over a thousand foreign investors setting up operations within the emirate in just a short period of time.

Ras al Khaimah Investment Authority was established under the chairmanship of H.H.Sheikh Saud bin Saqr Al Qasimi, the crown prince and Deputy Ruler of Ras al khaimah.

Within 3 years of its inception RAK investment has more than 1600 companies under its portfolio  Dr. Khater Massad, personal advisor of H.H Sheikh Saud Bin Saqr Al Qasimi was appointed as the chief executive officer of RAKIA.

This Semi-governmental agency whose mandate is to work towards reinforcing the investment climate in the emirate of Ras Al Khaimah and promote its various economic sectors; proposes investment policies and supervises their implementation.

RAK investment authority has literally transformed Ras Al Khaimah into an investment magnet with over a thousand foreign investors setting up operations within the emirate in just a short period of time.

Main advantages of RAK Investment are the following:

• 100% income and corporate tax exemptions
• No Import or Export Taxes
• No Income, Sales or Wealth Tax
• 100% Repatriation of Capital & Profits
• No restrictions on hiring expatriates
• Land at very Concessional Rates
• 25 Years Renewable Lease Agreements
• Proximity to Entire Gulf and Global Markets

Rak investment authority acts as one stop shop for all investor needs. Its services include offering business licenses (Free and Non-free zones), visas, industrial plots, warehouses, labour accommodation, commercial space, building permits etc.

Rak investment authority provides all necessary infrastructure and approvals under one umbrella for all investors including partnering them for their projects in UAE.

RAK Investment | Commercial License

Rak government’s vision is that Rak investment authority becomes leading authority in making sound investments in Rak and partner with others who share their vision, enabling them to achieve their objectives, at the same time creating a sustainable and growing economy.

With RAKIA’s success in attracting companies and inward investment to the emirate, plenty of opportunities for corporate services are on the horizon.

RAKIA has formed RAKOFFSHORE which is a true offshore facility and regularity body offering complete offshore non-resident business registration and financial services.

The International Offshore Centre (known as “RAK Offshore“) is a free zone regulated by the RAK Investment Authority (RAKIA).

Incorporating as an IBC in RAK can be done much speedier than in the other UAE free zones and lacks the requirements that are typical in these free zones.

Rak offshore is the cheapest offshore in the Middle East. If properly structured, offshore company formation is an excellent, tax-efficient strategy for entrepreneurs to conduct their international business.

Rak offshore allows any non-resident individual or moral entity to open a company registered within RAK free zone. They require a symbolic capital and only one director and shareholder.

They can hold board meetings anywhere in the planet and identity of their shareholders are kept confidential by law unless there is any suspicion of any criminal activity by Rak and uae regulatory bodies.

RAK Investment Authority provides business investments services in manufacturing, education, health, information technology, media, real estate, tourism, and financial services sectors. It also offers offshore non-resident business registration and financial services.

The company also involves in developing projects, such as hotel complexes, multiple residential dwelling and touristic attractions, and a residential complex.

It also engages in ceramic tile manufacturing. The company serves the Middle East, Africa, the Indian Subcontinent, and the CIS countries.

Rakia’s ongoing success in establishing reforms, instituting new laws and regulations and enforcing policies that are hospitable to local, regional or international investors.

Ultimately, the government proactive support and involvement in the ongoing economic revolution is aimed at raising standard of living of both citizens and residents of the emirates, while ensuring long-term socio economic sustainability.

We incorporate offshore companies in Ras al khaimah. We provide Ras al khaimah offshore companies incorporation in safe, confidential and stable jurisdictions according to the needs of our client.

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