Ras Al Khaimah Government
Ras al khaimah government has begun placing itself on a path to join the “big three” of the UAE: Dubai, Abu Dhabi and Sharjah as an attractive investment destination, albeit on a different course.
Higher rents for residential and office space, increasing traffic problems and generally more stressful working environments in the bigger emirates are all factors why living and doing business in RAK is becoming more appealing.
The UAE is a federation of seven sheikhdoms: Abu Dhabi, Ajman, Dubai, Sharjah, Fujairah, Umm Al-Quwain and Ras Al Khaimah.
These sheikdoms signed the General Maritime Treaty with the UK in 1853.
Ras Al Khaimah Government | Ras Al Khaimah Government New Bldg
Ras Al Khaimah joined the UAE federation in 1972 as the last of the seven emirates.
The ruler of the emirate, Sheikh Saqr bin Mohammed Al Qasimi, has been in power since 1948.
Since 2002, most of the day-to-day political and economic operations are carried out by the crown prince and deputy ruler, Sheikh Saud bin Saqr Al Qasimi.
In 2005, the Ras al Khaimah government announced a new policy of political liberalization. At the end of 2006, elections were held for the half of the seats of Federal National Council, while the other half will continue to be appointed by the government.
Various local government departments have been established to execute numerous functions.
Ras al Khaimah government local departments:
- Emiri Court
- Law Court
- Land Department
- Municipality Department
- Public Works and Services Department
- Economic Department
- General Accounts Department
- Ras Al Khaimah Oil and Gas Commission
- Ports and Customs Department
- Civil Aviation Department
- Information and Tourism Department
- Ras Al Khaimah Broadcasting Corporation
- Antiques and Museums Department
Having learned from the experiences of those other emirates that had started earlier, RAK’s political leaders are better able to formulate a successful development plan.
as Al Khaimah Government | Ras Al Khaimah Government RAKIA New Bldg
As a member of the UAE, Ras al khaimah government has access to excellent security forces, backed by the US and increasingly by Russia.
Liberalization of the ras al khaimah government continued in 2007 as well, following the election of the country’s first legislature.
While its powers are still limited, the UAE is garnering recognition worldwide for its efforts, with RAK in particular gaining notoriety through the progress it has achieved in its enfranchisement of women.
The emirate appointed nine women to the Federal National Council in February 2007, far surpassing other governments in the region. RAK has achieved equal literacy rates for both sexes in the UAE and currently counts more women enrolled in universities than men.
The Ras Al Khaimah Government established a real estate development company “RAK Properties” as a Public Joint Stock Company to oversee the development of real estate and leisure sectors in the Emirate of Ras Al Khaimah in particular, as well as other Emirates in the UAE in general.
Ras al khaimah established Rak free zone in 2000 is one of the fastest growing and most cost effective free trade zones in the uae and today is home to some 5000 companies.
Rak free zone has numerous features. Some of them 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 centers 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
Etisalat has linked the Ras Al Khaimah’s eGovernment authority with nine local government departments, including the RAK Traffic Police Department, through a high-speed data cable network.
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. Moving forward, the Rak free zone is expected to see more and more companies joining in.
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