Ras Al Khaimah Free Trade Zone (RAKFTZ) has become a first class business hub with modern infrastructure and amenities which promote sustainable business growth and development. It has become one of the fastest-growing and most cost-effective free trade zones in the UAE and has incorporated more than 4,500 companies from over 100 countries that represents more than 50 industry sectors and is less than an hour’s drive from Dubai. RAK Free Trade Zone offers its clients affordability, flexibility and customized solutions that gives the ability to set up their company in the easiest way possible without any hassles. It also allows investors of all origins and industries to easily access and branch into the emerging markets. Ras Al Khaimah Free Trade Zone Authority has successfully attracted many investors due to its cost-effective, hassle-free and secure features for setting up a business in the UAE.
It has friendly investment laws and regulations, with minimal restrictions on profit and capital repatriation. It is also strategically close to some of Dubai’s business and financial centres as well as international airports and seaports. RAK also has a lower cost of living compared to Dubai and Abu Dhabi.
Some of its numerous advantages include:
- A tax-free investment environment
- 100 per cent foreign ownership
- Fast and efficient business set-up and support services
- Fast-track UAE visa issuance
- A wide range of real estate facilities to suit your individual business need
- Provides fully furnished and equipped office spaces