Ras Al Khaimah

June 28, 2011 By Leave a Comment

Ras Al Khaimah

Ras Al Khaimah

Ras Al Khaimah | free zone customs

Ras al Khaimah consider as one major city all throughout UAE. It become one of main destination of various tourist individuals due to plenty tourist attraction site that it provides. All types of entertainment can also be found in this city. Since, this city of Ras al-Khaimah becomes undoubtedly one of most modern cities all throughout UAE.

Aside of that, this city nestles at certain foot area of Al Hajar Mountains. Wherein, the city entirely been divided through natural creek into those old town as one mere part and consider as new business center of Al Nakheel and to the other. With that, Ras al-Khaimah considered as most scenic and fertile land all throughout UAE that strategically located on the area of south Strait in Hormuz.

 

Ras Al Khaimah : It Takes Only 50 Minutes To Reach RAK Form North Area Of Dubai

This city can only be reach around 50 minutes through using any vehicle or car that started from north area of Dubai. For about eight months of this year started from the month of October till May, these cities have fully enjoys the moderate, refreshing and cool climate. Meanwhile, the rests of months stays humid and hot temperature. Unexpected rain showers are rare to occur.

Please fill in the form on the right side for more information about Ras Al-Khaimah, your own offshore company and offshore bank account.

Ras Al Khaimah : Offers Best Accomodation For Guest And Tourist

Ras Al Khaimah

Ras Al Khaimah | Ras Al Khaimah Free Zone Customs

This city offers best type of accommodation that both guests and tourist individuals can truly experience a wonderful and relaxing vacation. Most hotels that can be found include the Ras Al-Khaimah Hotel, Khatt Springs Hotel & Spa Hilton Hotel, Bin Majid Beach Hotel, Hilton Ras Al-Khaimah Beach Club and Bin Majid Beach Resort.

With that, telecommunication system of this city continually updated. Especially, that phone cards got mere availability from various grocery stores, bookstores, and the Etisalat offices where local service provider and denominations of Dhs 25 upwards can be found. Most public telephones of Ras Al- Khaimah Offshore accept coins and pre-paid phone cards for their payment.

Etisalat become well known as an official internet service provider that offers roaming services. This city approximately got an area of 2,900 square kilometers with an estimated population of an about 250,000. The main religion of this city is Islam. The principal languages that been followed are English and Arabic for business and personal communication to one another.

Meanwhile, the currency of this city that been followed is dirhams where in $1 is now equal to about 3.67 dirhams. Ruler of this city is just about H.H. Sheikh Ssqr Bin Mohamed Al Qassimi.
The nation day celebration of this city of Ras Al-Khaimah is every December 2.

Please fill in the form on the right side for more information about Ras Al-Khaimah, your own offshore company and offshore bank account.

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Ramapati Singhania

March 3, 2010 By Leave a Comment

Everything That You May Want To Know About

Ramapati Singhania

Your Agent For Incorporation Offshore

Rak Company | Ramapati SinghaniaRamapati Singhania’s EDUCATION

September 1978 to December 1979 and January 1981 to May 1981

Masters in Business Administration, The Colgate Darden Graduate School of Business Administration, University of Virginia, Charlottesville, Virginia, USA.

September 1976 to May 1978

Bachelors of Science in Electrical Engineering, Carnegie Institute of Technology, Carnegie-Mellon University, Pittsburgh, Pennsylvania, USA.

September 1975 to May 1976

School of Engineering, Columbia University, New York, New York, USA.

September 1973 to June 1975

GCE ‘A’ Levels, West Buckland School, Barnstaple, Devon, UK.

RAMAPATI SINGHANIA: EXPERIENCE

Singhania Varal Group, Dubai, UAE. March 1998+, Managing Director /CEO

Varal LLC

Varal FZC

Singhania Clinic FZ-LLC

• As a Consultant, Ramapati Singhania started and operating a Logistics business, October 2006 onwards. Profitable from the first year.

• Started, a Speciality Pediatric Clinic in Dubai Health Care City which is affiliated with Harvard Medical School. June 2007 onwards.

• www.incorporation-offshore-saves-wealth.com, January 2008 Onwards. Ramapati Singhania developed and launched web business to incorporate offshore companies in Ras Al Khaimah and Dubai, United Arab Emirates, Seychelles, Mauritius and British Virgin Islands.

• www.cosmetics-hair.com, August 2007 – 2008. Ramapati Singhania developed and launched a web business to sell South Korean cosmetics and hair care products online.

• Imported and distributed ‘Golden Rose’ cosmetics from Turkey, and ‘Varal’ brand DVD players and Energy Saving Bulbs from China, in UAE and Ukraine. January 2004 to December 2006

• Launched a Real Estate Portfolio Service for overseas investors including offshore company formation and real estate investment into Dubai, UAE. January 2004 to December 2006.

• Ramapati Singhania invested in a small cleaning services company to explore opportunities in Kiev, Ukraine. October 2004 to December 2006

• Developed and sold Franchises for a home and office cleaning company developed for the UAE. December 2002 till April 2004

• Director, Genesis International, an Investment Banking Company focusing on small and mid-size companies in UAE and India. April 2003 to December 2003

• Ramapati Singhania bought and operated ‘Maids To Order’, an American Franchise, for home and office cleaning in Dubai. Went from 1 to 100 people in 4 years. Franchisee of the Year 2000. March 1998 till November 2002

JK Group – January 1980 to December 1997

1. JK Synthetics Ltd., Kanpur, India

Whole Time Director – Board Member, PGR SBU, June 1995 to December 1997, reporting to MD & Chairman

• Led the financial restructuring effort to replace high cost debt with foreign funds, including road shows in Dubai and London, and presentations to Indian Financial Institutions and banks.

Whole Time Director – Board Member, Acrylic and Tire Cord divisions, September 1990 to 1995, reporting to MD & Chairman.

• Led the transition of a functionally organized division into a profit center structure with substantially enhanced cash flows.

• Created an intensive new marketing and distribution network

• Ramapati Singhania implemented effective, continuous quality improvement systems, enabling two of these new profit centers to achieve the number 1 position in independently conducted customer satisfaction surveys within two years of being rated last.

Whole Time Director- Board Member, Synthetic Yarn and fiber Operations, reporting to MD & Vice Chairman, May 1985 to August 1990.

• Tripled output at the Polyester yarn and fiber, Acrylic fiber, and Nylon textile and industrial yarn and fabric manufacturing complex; without increasing the number of employees; through massive decentralized computerization, radically different people management systems, and the ‘de-hassling’ of administrative systems, including a new approach to union negotiations.

• Implemented Rs. 3 bn. of investment in a new manufacturing facility at a different location, where, through new work systems, we reduced by two – thirds, as compared to the plants at Kota, the number of people required to produce synthetic fibers.

Special Executive, reported to the President, July 1983 to April 1985,

• Underwent training for manufacturing and project implementation in synthetic fiber technology.

2. Raymond Ltd., Mumbai, India

Chief Executive, Raymond Cement Works, September 1981 to June 1982, reporting to MD & Chairman

• Responsible for the implementation of the first investment of the company in the cement business through a half million ton gray cement plant.

Director / Chief Executive, JK [Bombay] Ltd., January 1981 to June 1983, reporting to MD & Chairman

• Launched the ‘Legwear’ range of ready-to-wear trousers, thereby increasing sales more than three times in two years.

Marketing Executive, Raymond Woolen Mills Ltd., January 1980 to December 1980, reporting to Marketing Director

• Managed the retail operations of this high quality fabric manufacturer. The retail channel accounted for about 23% of the company’s total sales.

• Introduced an innovative compensation package to reduce dead stock and substantially increase sales and profits

RAMAPATI SINGHANIA: FORMAL TRAINING

Internet Business for Newbies by David Cavanagh

January 10 to 14, 2008, Pattaya, Thailand

Global Internet Seminar by David Cavanagh

February 11 to 16, 2006, Pattaya, Thailand

Executive Program, Stanford – National University of Singapore, Singapore.

August 3 to September 1, 1995

Seminar for Senior Executives, Institute for Management Development, Lausanne, Switzerland.

May 31 to June 17, 1993

47th Annual Quality Congress, of the AQC, at Boston, Massachusetts, USA.

May 24 to 26, 1993

Top Management Seminar on Japanese Business, Association of Overseas Technical Scholarship, Tokyo, Japan.

August 29 to September 4, 1990

Strategic Analysis and Financial Management, Indian Institute of Management, Ahmedabad, Gujarat, India.

February 13 to 18, 1989

The Management Development Seminar, at Vail, Colorado, by The University of Chicago, Chicago, Illinois, USA.

June 26 to July 15, 1988

Manufacturing Program, INSEAD, Fontainebleau, France.

June 15 to June 27, 1986

RAMAPATI SINGHANIA: MEMBERSHIPS

Emirates Golf Club, Dubai, United Arab Emirates

May 1997 Onwards

The Belvedere, The Oberoi, India.

September 22, 1988 to December 1998

The Chambers, The Taj Group, India.

April 1, 1986 to December 1998

American Management Association, New York, New York, USA.

October 15, 1985 TO December 1998

Willingdon Sports Club, Mumbai, Maharashtra, India.

March 20, 1982 Onwards

Young Presidents Organization, Hong Kong.

December 25, 1988 to May 24, 1996

Rotary Club, Kota, Rajasthan, India.

July 1, 1984 to June 30, 1994

Please note: Important positions held and honors received are in Annexure I and II.

ANNEXURE I

RAMAPATI SINGHANIA: IMPORTANT POSITIONS

Corporate Boards

Director on the Board

JK Synthetics Ltd., Kanpur, India,

May 1985 to Date

Philcorp Ltd., Mapusa, Goa, India.

August 19, 1995 to August 20, 2003

A manufacturer of cameras, film, and photographic equipment.

Keventor Agro Ltd., Calcutta, West Bengal, India.

April 24, 1987 to June 5, 1996

A manufacturer of fruit juices and other food products.

JK Jute Mills Ltd., Kanpur, Uttar Pradesh, India.

September 12, 1983 to June 5, 1996

A manufacturer of jute bags and fabrics for packaging.

Rajasthan Industrial Investment Corporation Ltd., Jaipur, Rajasthan, India.

January 3, 1991 to August 31, 1992

The premier state government investment organization for developmental lending in the state of Rajasthan.

JK (Bombay) Ltd., Thane, Maharashtra, India.

January 1981 to June 1983

RAMAPATI SINGHANIA: Non-Profit Organizations

Industry

Industrial Advisory Committee, Government of Rajasthan, Jaipur, Rajasthan, India.

May 1, 1995 to December 31, 1998

Member

Forum of Acrylic Fiber Manufacturers, New Delhi, India.

June 1994 to March 1996

Ramapati Singhania – The first President of this all India body. Started sub-committees for raw material, distribution, and government interaction.

Employer’s Association of Rajasthan, Jaipur, Rajasthan, India.

February 10, 1990 to March 6, 1996

President. Spread its membership to several districts of the state. Enhanced its profile as a representative of employers for discussions with the state government, and promoted training programs more aggressively.

Rajasthan Chamber of Commerce and Industry, Jaipur, Rajasthan, India.

September 30, 1989 to June 5, 1996

Vice President. The association with the most influence with the state government, dealing with problems relating to trade and industry.

Quality

National Institution of Quality and Reliability, Chennai, Tamil Nadu, India.

July 24, 1993 to September 16, 1995

Ramapati Singhanian – National President

An all India body with 15 chapters. Was instrumental in creating a national network of membership of more than 2,000 people.

July 1992 to July 1993

Ramapati Singhania – National Vice President

Quality Circle Forum of India, Hyderabad, Andhra Pradesh, India.

May 14, 1990 to August 12, 1994

Ramapati Singhania – President

The largest body promoting Quality Circles in the country. Membership multiplied substantially, the number of branches doubled, and a franchise for the National Convention was created, where participation increased from a few hundred to more than 3000 people.

July 27, 1987 to May 13, 1990

Ramapati Singhania – Vice President

Kota Chapter, Kota, Rajasthan, India.

July 16, 1986 to September 6, 1992

Ramapati Singhania – Chairman

Formed the chapter and introduced the concept of quality circles in industry and society in the state.

Rajasthan State Productivity Council, Jaipur, Rajasthan, India.

April 1, 1988 to March 31, 1992

Ramapati Singhania – Vice president

October 11, 1995 June 5, 1996

Special Invitee

RAMAPATI SINGHANIA: Educational Bodies

Kota Engineering College, University of Rajasthan, Kota, Rajasthan, India.

May 6, 1996 to May 5, 1997

Chairman, Industry – Institute interaction committee

January 6, 1986 to May 4, 1992.

Member, Council of Governors.

Government Polytechnic College, Kota, Rajasthan, India.

June 14, 1995 to December 6, 1995

Chairman, Advisory Committee, Industry – Institute Interaction Cell.

University of Rajasthan, Jaipur, Rajasthan, India.

April 17, 1994 to December 1998

Member, Faculty of Management Studies.

Bal Hitkari Samiti Society, Kota, Rajasthan, India.

October 12, 1995 Onwards

Member. The society owns and operates two high schools with about 3,000 children.

Society for Management and Development Studies, Bhopal, Madhya Pradesh, India.

April 17, 1994 to March 7, 1996

Member, Board of Governors

Kota Open University, Kota, Rajasthan, India.

June 2, 1992 to June 1, 1997

Member, General Planning Board.

Lady Anusuiya Singhania Educational Society, Jhalawar, Rajasthan, India.

April 20, 1987 to December 1998

Member, Executive Committee. The first English medium high school in the district

Shramik Vidyapeeth, Kota, Rajasthan, India.

April 14, 1986 to October 10, 1995

Member, Governing Council. A government sponsored body for the training of workmen.

Others

Indian Council of World Affairs, New Delhi, India

January 23, 1995 Onwards

Life member

Lady Anusuiya Singhania Medical Research Society, Kota, Rajasthan, India.

August 22, 1986 to December 31, 1997

Treasurer

JK Medical Care and Research Society, Kota, Rajasthan, India.

June 26, 1984 to December 31, 1997

Treasurer

JK Charitable Trust, Kanpur, Uttar Pradesh, India.

January 2, 1984 Onwards

Trustee

ANNEXURE II

RAMAPATI SINGHANIA: HONORS

Franchisee Of The Year, Maids To Order, Ohio, USA

The best franchisee of the year in the world for 2000

International Business Acumen Award, International Business Council, New Delhi, India.

1993. For ‘scoring a string of achievements in his chosen field’.

Bharat Udyog Award New Delhi, India.

July 15, 1992. For ‘outstanding services, contribution and achievement’.

Yuvaratna Award, All India Youth Congress, New Delhi, India.

September 7, 1991

Paul Harris Fellow, Rotary Foundation, Rotary International, USA.

October 1991. ‘In appreciation of his contribution for better understanding’.

Meritorious Service Award, Rotary Club, Kota, Rajasthan, India.

1986-87. ‘For outstanding service as Chairman, Polio Plus Fund Raising Committee’.

Pegasus Award, Readers Digest, Bombay, Maharashtra, India.

July 1982. For ‘excellence in advertising, the ‘Legwear’ campaign, JK [Bombay] Ltd.’.

PAPERS

Continuous Improvement at PGR, to the Group Executive Committee, Eskom, Midrand, South Africa.

The managing committee of the power generation group of Eskom, the fourth largest electricity producing company in the world.

July 23, 1997

Business Excellence through Small Group Activities, to the members of the Association of Small Group Activities, at Durban and Johannesburg, South Africa.

July 24, 25, 1997

Business Excellence through Small Group Activities for Supervisors, to five groups of supervisors of Eskom, the largest company in the country, at Johannesburg, Port Elizabeth, Durban, Blomfontein and Widbank, South Africa.

July 21, 22, 23, 24, 25, 1997

Business Excellence Through Small Group Activities for Managers, to seven groups of managers of Eskom, which generates 38,000 Megawatts of power, at Cape Town, Johannesburg, Durban and Blomfontein, South Africa.

A Turnaround – The PGR Story 1990 – 1995, at the ‘Reunion of the Seminar of Senior Executives ‘93’, Institute of Management Development, Lausanne, Switzerland.

July 17, 1995

Leadership for Corporate Survival and Growth, at a workshop for ‘Leadership and Managerial Excellence for Senior Executives’, by SP Wahi Management and Technology Consultants Pvt. Ltd., New Delhi, India.

February 6, 1995

Open Culture at the ATC group of JK Synthetics Ltd., at the ‘Global Gathering’ in Lonavala, Maharashtra, India, of the Institute of Cultural Affairs International, Belgium.

October 8, 1994

Do We Really Want Continuous Improvement? QUALTECH ‘94, QIMPRO, Indian affiliate of the Juran Institute, Mumbai, Maharashtra, India.

April 27, 1994

Improvement through Continuous Agitation, delivered to the employees of Mukand Ltd., Kalwe, Maharashtra, India. The largest manufacturer of specialty steels in India.

November 30, 1993

Changing Scenario of Material Management, at the inauguration of the Rajasthan Chapter at Jhalawar, Rajasthan, of the Institute of Material Management, New Delhi, India.

October 8, 1993

Quality Circle Movement in India – An Appraisal

Vol. 1, No. 1 [1992], pp. 10 – 12, ‘Quality Quest’, a journal of the Federation of Indian Chambers of Commerce and Industry, New Delhi, India. An apex body representing a wide cross-section of Indian business.

Changing Culture: Strategy and Action

October 24, 1991, 8th Annual Fall Forum, Association of Quality and Participation, Montreal, Canada.

Productivity and Excellence: A Fine Synthesis

April 1986, ‘Quality Circle Digest’, Red Bluff, California, USA.

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Ras Al Khaimah | More Ras Al Khaimah Offshore Company Information

February 6, 2010 By 2 Comments

Ras Al Khaimah Information

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).

Ras Al Khaimah 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.

This is one of the top ten questions that clients don’t ask but should have answers to. This question deals with the 8 Reasons You May Think That An Offshore Company & Bank Account Are Not For You. Please watch this Ras Al Khaimah video for more information:

History of Ras al Khaimah

Ras Al Khaimah | Ras Al Khaimah

Ras Al Khaimah | Ras Al Khaimah

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.

Please fill in the form on the right side for more information about your own offshore company and offshore bank account.

Ras al Khaimah Education

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:

  • 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

Ras Al Khaimah Transportation

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.

Ras Al Khaimah | Ras Al Khaimah Naturelledabur

Ras Al Khaimah | Ras Al Khaimah Naturelledabur

Please fill in the form on the right side for more information about your own offshore company and offshore bank account.

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.

Please fill in the form on the right side for more information about your own offshore company and offshore bank account.

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Ras Al Khaimah

December 29, 2009 By 4 Comments

Ras Al Khaimah

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.

Ras Al Khaimah | Ras Al Khaimah Al Hamra Sign

Ras Al Khaimah | Ras Al Khaimah Al Hamra Sign

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.

Ras Al Khaimah | Ras Al Khaiamah Bulldozer

Ras Al Khaimah | Ras Al Khaiamah Bulldozer

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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RAK

December 29, 2009 By 3 Comments

RAK

Rakia | Palm Tree RAK is the fourth largest emirate in uae.

Rak was the last emirate to join uae in 1972, post the formal establishment of the latter as a combination of six emirates in the previous year.

RAK occupies a strategic location in the heart of the Middle East on the Strait of Homruz.

Rak’s political system is headed by its ruler HH Sheikh Saqr bin Mohammad Al-Quassimi since 1948, providing 58 years of stable political governance.

The Deputy ruler and the crown prince, HH Sheikh Saud Bin Saqr Al Qasimi endeavors to develop an environment, most conducive to business under their able leadership, the emirate already boast businesses that compete successfully in numerous globalmarket.

Rak economy is unique in that it has minimal dependance on oil, unlike some of the other emirates in the uae and most of the countries in the region. Agriculture plays an important role in the Emirate’s economy.

The fertile cultivable plains are productively used for vegetables, fruits and grains, while milk and cheese farming  is also common in the emirate. Fishing is plentiful in the rich waters of the Arabian Gulf.

The emirate is also a picturesque and has moderate climate in winter giving an opportunity for it to be marketed as a tourist location.

Whole and retail trade has played a major part in the emirates economy. Among the major sectors besides crude oil and wholesale retail trade and repair services that have led the growth of the emirates GDP are restaurants and hotels, electricity and water and manufacturing, other sectors.

With a diverse landscape, as well as a vats supply of natural resources, Rak is aiming to become a regional leader in Tourism, real estate and industry.

rak uae | Houses Situated at the northernmost tip of the United Arab Emirates (UAE).

Rak has a different aesthetic from most other gulf cities.

With light traffic, an unpolluted skyline; miles of untouched, white sandy beaches; and towering mountains, the emirate has always been an ideal escape, mixing strictly scenery with its own more laid back rhythm.

Ras Al Khaimah government has launched an offshore facility, second in the uae, that is expected to lure investors looking for a new tax haven.

The initiatives, called “international company registry”, will allow foreign investors to register offshore companies in the RAK Free Trade Zone without the need to establish a physical presence.

RAK Offshore is a true offshore facility and regularity body offering complete offshore non-resident business registration and financial services. It is the cheapest incorporation in the Middle East.

As people gain wealth they naturally want to protect it from political instability: unnecessary taxation: extravagent heirs and any other unwanted creditors.

Rak Offshore | Rak Offshore Building An offshore IBC (International Business Company) is a route to achieve the levels of protection which is required.

An offshore industry was small and mysterious 20 years ago. The increasing demand for offshore facilities has resulted in the growth of offshore services.

Over 60% of the world’s money flows through offshore today. Another important characteristics features is its confidentiality and security.

Rak offshore is designed to fill a clear gap in the regional and worldwide offshore opportunities available to businesses and financial companies.

Rak offshore aims to be a regional business hub with unique competitive advantages that will appeal to a wide variety of businesses, enterpreneurs and investors.

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Ras Al Khaimah | A Brief Introduction About Ras Al Khaimah Offshore

June 14, 2009 By 9 Comments

Ras Al Khaimah: A Unique Opportunity In The Offshore World

This is one of the top ten questions that clients don’t ask but should have answers to. This question deals with Offshore Limitation. Please watch this Ras Al Khaimah video for more information:

Ras al Khaimah 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.

Please fill in the form on the right side for information about your offshore company and offshore bank account.

Ras Al Khaimah | Ras Al Khaimah Al Hamra Sign

Ras Al Khaimah | Ras Al Khaimah Al Hamra Sign

Ras Al Khaimah 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.

Please fill in the form on the right side for information about your offshore company and offshore bank account.

Ras Al Khaimah | Ras Al Khaimah Bulldozer

Ras Al Khaimah | Ras Al Khaimah Bulldozer

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.

RasAl Khaimah 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 in Ras al khaimah.

Please fill in the form on the right side for information about your offshore company and offshore bank account.

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