RAK Company * RAK Offshore * RAK Free Zone * RAK Dubai * RAK UAE » rakia

RAK Offshore

edgie — Sun, 07 Feb 2010 05:33:08 +0000

Rak Offshore: We are registered agents for RAK offshore companies. So we register offshore companies in the offshore jurisdiction of Ras Al Khaimah, UAE, open bank accounts for them in Dubai, and provide nominee and virtual office services for offshore clients.

We are based in Dubai and are registered agents for Ras Al Khaimah, while we incorporate via partners in the other tax havens.

Offshore incorporation in Ras Al Khaimah is the quickest if your clients need the company for Middle East investments.

Whether to own property, or companies, or even yachts.

RAK offshore incorporation is the easiest to do in the Middle East.

One of the very important features of RAK offshore is that its company documents do not need any attestations for use in the GCC countries!

RAK offshore company formation including Registration, Registered office, Memorandum and Articles of Association, Certificate of Incorporation, Share Certificates and Bank account in Dubai branch is AED 12,900 [US$ 3500] for the first year and then US$ 2000 annually.

Documents required are passport copy (authenticated), bank statement/utility bills and original bank reference.

Once your Know Your Client (KYC) documents are in, the company incorporation takes 2 working days. The bank account opening takes 14 – 21 days after that since we need to send you the application form only after the company is incorporated.

If you are in Dubai, the bank account opening could be completed within 4 working days after the company incorporation.

Ras Al Khaimah [RAK], the only offshore jurisdiction in the Middle East, offers a safe haven for the registration of offshore companies.

Here are some key features:

* The minimum capital of the company can be as low as US$ 1

* The minimum number of shareholders and directors is one

* No bearer shares or differential classes of shares are allowed. However, there is no requirement to deposit the capital in bank

* 100% foreign ownership permitted and 100% tax and duty exemption

* Opening a corporate bank account in a bank at Dubai, UAE, is permitted

* Company registration can be done only via a registered agent

* The investors need not visit the authority to incorporate the company, however the documents need to be signed in the registered agent’s office

* Audited accounts will be requested only in the case of suspicious activities

* No company document attestation required within the GCC

* RAK is not a signatory to any information exchange

The RAK offshore company is the least expensive and the best option if you wish to use the company in the Middle East, since its documents will not require attestation

RAK offshore companies offer many benefits to your different types of clients. Here are some of them:

* Online Stock traders: The owner is the offshore company not the individual, so profits can be kept offshore

* Importers & Exporters: Can use these companies for invoicing or purchasing

* Consultants: Can sign contracts via the offshore company and can become its employee

* Expatriates: Can save their earnings via offshore, and build capital to invest in homes, businesses or the financial markets via the RAK offshore companies

* Insurance beneficiaries: RAK offshore companies can be the beneficiaries of the policy. Individuals become company shareholders.

* Internet marketers: Receive web payments into offshore bank account of the RAK offshore company

*Business owners: Own their businesses via RAK offshore companies to ensure succession and tax planning.

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Tags:rak company,rak free zone,rak offshore,rakia,ras al khaimah

RAKIA

edgie — Sat, 06 Feb 2010 06:48:31 +0000

Rak Investment Authority (RAKIA) 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.

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

Within 3 years of its inception RAKIA 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.

RAKIA 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 RAKIA 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 Zone 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 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.

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 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.

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.

Go from RAKIA to Home Page.

Tags:rak company,rak free zone,rak investment authority,rak offshore,rakia,ras al khaimah

Ras Al Khaimah

edgie — Sat, 06 Feb 2010 06:48:10 +0000

Information about Ras Al Khaimah

Ras al khaimah is in the northern part of the Persian Gulf. It is in the northern part of the UAE bordering Oman. The emirate has a population of about 250,000 inhabitants. Ras Al Khaimah is one of the United Arab Emirates. It covers an area of 656 square miles (1700 km²).

It is ruled by Sheikh Saqr bin Mohammad al-Qassimi. The city has two main sections Old Ras al Khaimah and Nakheel on either side of the creek which flows through Ras Al Khaimah.

History of Ras al-Khaimah

The city was historically known as Julfar.

In the early 18th century the Qawasim clan (Huwayla tribe) established itself in Ras al Khaimah.

After British occupation (18 December 1819 – July 1821), Sheikh Sultan bin Saqr al-Qasimi signed in 1822 the General Maritime Treaty with Britain, accepting a protectorate keeping the Ottoman Turks out.

Like Ajman, Dubai, Umm al-Qaiwain and Sharjah, its position on the route to India made it important enough to be recognized as a salute state (be it of the lowest class: only 3 guns).

In 1869 Ras al Khaimah became fully independent from Sharjah. However from September 1900 to 7 July 1921 it was re-incorporated into Sharjah, its neighbor; the last governor became its next independent ruler.

On 11 February 1972 Sheikh Saqr bin Muhammad al-Qasimi joined the United Arab Emirates.

Education in Ras al-Khaimah

Schools: Ras Al Khaimah has been at the forefront where formal school education is concerned. A large number of Government-run schools – primary, elementary and higher secondary are scattered all over Ras Al Khaimah with Arabic as their main medium of instruction.

Among other Arabic-medium schools are those that are run by private managements viz,

The Egyptian School
Badr Primary School

Apart from the above schools, there are English-medium ones which offer varied curricula to suit the expatriate community, offering syllabi such as GCSE, IGCSE, A Levels, O Levels, CBSE, Kerala State-Board (Indian Syllabi), Pakistani, etc. viz.

Ras Al Khaimah English Speaking School

The International School of Chouiefat

Indian School Ras Al Khaimah

The New Indian Higher Secondary School

Pakistani Higher Secondary School

Indian Public High School

Transportation in Ras al-Khaimah

Within Ras Al Khaimah: Metered taxis are the main mode of transport within Ras Al Khaimah with fares starting AED 1 (Formerly the fare was negotiable between driver and passenger but all non-metered taxis were phased out by the year 2001).

Buses are also available but only on long-haul routes and they cater mainly to people residing in far-flung towns viz. Sha`am, Rams, Jazeerah-al-Hamra, etc.

Over the past 2 years, Ras Al Khaimah has seen a phenomenal increase in road-traffic especially during evening hours.

With Ras Al Khaimah also being a sought-after weekend getaway destination for people from various parts of the Emirates, traffic has been increasing progressively.

Emirate-to-Emirate: Ras Al Khaimah is well connected to emirates like Dubai, Sharjah, Ajman, Umm Al Quwain and Fujairah by taxis which often embark from the taxi-stand located at Jazeerah-al-Hamra. Engaged taxis are available on request.

Cars are available for rent from various Rent-A-Cars at negotiable prices.

Highways: Two free-flowing dual-carriageways link Ras Al Khaimah with the other northern emirates and beyond.

One follows the coast with beautiful beaches on the one side and stretches of desert on the other; the other, new route runs out towards the airport in the direction of Khatt, Fujairah and Dhaid.

Nowadays, The Emirates Highway is being used aplenty by most motorists. The highway traverses the emirates of Umm Al Quwain, Ajman and Sharjah to finally end up in Dubai.

Most travelers would agree that it connects Ras Al Khaimah to Dubai in less than 45 minutes.

Seaport: Saqr Port, located in the industrial area of Khor Khuwair is the Emirate’s main port providing bulk and container services. It has eight deep water berths, each 200m long, is dredged to 12.2m and has two ro-ro ramps plus specialized berths for handling bulk cement and aggregate.

Other services include ship handling, crew changes and 40,000m2 of covered storage together with a vast open storage area. It is also the closest port in the UAE to Bandar Abbas in Iran.

Airport: The Ras Al Khaimah International Airport is currently undergoing an upgrade. It operates cargo and passenger services to a variety of destinations covering the Middle East, North & East Africa, Central Asia, India and the Far East.

In total 27 airlines including Gulf Air, Egypt Air, Indian Airlines, Aeroflot, Pakistan International Airlines and many other airlines operate scheduled and non-scheduled flights.

Open 24 hours / day the airport has an open skies policy with no restrictions on frequencies and time of arrival / departure; offers competitive tariffs and storage facilities; is not congested, fast and efficient; and has a full offering of duty free goods among other services.

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Tags:rak company,rak free zone,rakia,ras al khaimah

Rakia

admin — Tue, 29 Dec 2009 10:45:01 +0000

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’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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Tags:rak company,rak investment authority,rak investments,rakia

Rak Investment Authority

admin — Tue, 29 Dec 2009 10:28:05 +0000

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.

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.

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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Tags:rak investment,rak investment authority,rakia

Rak Investment

admin — Tue, 29 Dec 2009 10:04:55 +0000

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.

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.

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 RAKIA 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 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.

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.

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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Tags:rak investment,rak investment authority,rakia

Rakia

admin — Thu, 12 Nov 2009 06:39:57 +0000

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.

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.

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.

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

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.

Go back to home page.

Tags:rak company,rak investment,rak investment authority,rakia,ras al khaimah investment authority

Ras al khaimah

admin — Sun, 14 Jun 2009 09:05:55 +0000

Ras al Khaimah (Ras al khayamah literally means “The top of the tent”) is one of the emirates of the United Arab Emirates.

Ras al khaimah is in the northern part of the Persian Gulf. It covers an area of 656 square miles. The Emirate is ruled by Sheikh Saqr bin Mohammed al Qassimi.

It is in the northern part of the UAE bordering Oman. Previously affiliated with Sharjah, Ras al khaimah become separate sheikhdom under British protection in 1921.

After some hesitation, the sheikhdom joined the United Arab Emirates on 11th February 1972.

The city of Ras Al Khaimah is divided into two parts by a creek. The western part, known as “Old Ras Al Khaimah”, comprises government departments, educational institutions, shopping malls, hotels as well as residential areas and new construction projects.

The eastern part, known as Al Nakheel, houses the Emiri Court, some government departments, markets, Ras Al Khaimah Exhibition Center, hospitals and residential areas housing the majority of the city’s population. A bridge and a network of modern roads link the two parts of the city.

Ras al khaimah formed Ras Al Khaimah Investment Authority under the leadership of H.H. Sheikh Saud bin Saqr Al Qasimi the Crown Prince & Deputy Ruler of Ras Al Khaimah.

The International Offshore Centre (known as “RAK Offshore”) is a free zone regulated by the RAK Investment Authority(RAKIA). The mandate for the Authority is to work towards reinforcing the investment climate in the Emirate and to promote its various economic sectors.

RAKIA is a Government Body, with a clear mandate to promote industry, trade, commerce, and tourism in Ras Al Khaimah. The objective is to achieve balanced economic development and improve the quality of living in Ras Al Khaimah.

Coming to Rak offshore, it is the simplest fastest and inexpensiveinstrument to create an offshore company in the region. RAK Offshore was set up with an objective to provide non-resident individuals, entrepreneurs and corporations the advantages that were available only to resident entities.

Ras al Khaimah offshore companies may not trade within the United Arab Emirates. They may however open a bank accounts in the UAE and to a limited extent occupy property there.

Ras al Khaimah is a truly tax free environment. It is the only offshore centre to offer zero tax and zero vat for residents and non-residents whereas other reputed centres tax up to 30% their corporate or non-corporate residents.

A wide range of comprehensive services and structural facilities are provided to non-residents through RAK Offshore. Ras al Khaimah offers total economic and personal freedom and is one of the safest places to do business.

For investment purposes, full and universal freehold ownership is offered in a tax-free environment. Modern amenities and an infrastructural facility complemented by the ideal location have caught the eye of many offshore investors.

Moreover RAK Offshore also benefits from one of the most comprehensive lists of non-double taxation treaties in the world with China, India, France and Germany.

We introduce offshore companies into your tax planning structure, offshore banking facilities, which allows you to organize your personal financial affairs in a more profitable manner.

We can provide your new or ongoing business or investment with invaluable offshore services. These steps lead to more efficient utilization of your assets; increase the revenue from your investment.

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Tags:incorporation offshore,rak company,rakia,ras al khaimah

Rak investment authority

admin — Sun, 14 Jun 2009 08:00:41 +0000

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.

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

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.

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.

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.

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.

Go back to home page.

Tags:rak company,rak investment authority,rakia,ras al khaimah investment authority

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