Ras Al-Khaimah

RAK Emirate is the successful model of growth, supported by industrial, infrastructure, tourism and other investments.

Ras Al Khaimah is the ambitious Emirate always surprising new visitors and investors. It is one of the most favorable places for business - in the UAE. As per local authority’s statistical data, there has been a considerable growth in the number of business licenses issued by Free Zone for different types of onshore companies, which is really the indicator of constant growth of the Emirate and its economy. For further increase of business activities and attractiveness of Emirate, the government is aimed at further development of air connections between Ras Al Khaimah and other part of the globe.

Ras Al Khaimah is the Free Trade Zone located in the northern part of the UAE and having advantageous location and other benefits. This enjoys the outstanding reputation of being the most cost-effective Emirate in UAE with its convenient location linking the free zone to 2 ports and 2 airports.

In order to meet the most versatile demands of potential investors, the RAK FTZ’s authority has established 4 major free zone parks, thereby catering to all the needs and objectives set by thousands of investors who are eager to start up business in UAE.

This article contains information and facts about the Emirates, offering a unique opportunity for investors to receive the benefits and advantages of doing business by registering a company in Ras Al Khaimah.

With full support from the government, the private sector plays a leading role in the local economy and is characterized by its specialization and success in specific business activities, particularly the industrial field. Major exports include ceramic tiles (RAK Ceramics is the world's largest ceramics producer), medicines, cement, crushed rocks, and fish.

There are great business opportunities in Ras Al Khaimah (RAK). As figures show an increase in the number of businesses setting up in the Emirate: according to the authorities in charge a lot of licenses were issued in the first four months of the year, alongside with them may more were renewed, making Ras Al Khaimah even more appealing as an investment destination.

Ras al Khaimah (RAK) business opportunities are quickly establishing as one of the most luxurious holiday hotspots in the Middle East and tourism officials are hoping that the next year the number of visitors will increase.

In the year 1971 the new state in the Arab world was established - the union of independent Arab principalities – the United Arab Emirates. Within relatively short period of time the country turned into economically developed and prosperous country. The structure of the UAE consists of seven emirates, each of them became attractive for millions of tourists. One of the main attractions are the unique and large-scale tourism and other projects implemented in Dubai. However, the focus of attention of foreign visitors recently has also been the Emirate of Ras Al Khaimah, described in detail below.

Phenomenal growth of the United Arab Emirates has been the subject of attention of international experts for a long time and the pride of Arab people, who have managed within relatively short period of time to establish a strong country. Such optimistic economic performance figures, as compared to financial turbulences across the world, have been possible due to competent public policy, designated to unite independent Arab emirates.

One of Emirates that implemented successful model of economic development is Ras Al Khaimah. The support of this model is ensured by the country, foreign investments, goods industry and tourism industry.

When talking about the Emirate of Ras Al-Khaimah in the UAE it should be noted that it is not as famous as neighboring Dubai and Abu Dhabi, but for sure not less attractive for international business and potential foreign investors. This is due to favorable geographical location, which provides access to markets in the Middle East, India, Africa and other regions.

Ras Al-Khaimah is not only actively developing international business center, but above all it is advanced infrastructure and advantageous geographical position for trade and other business. It is not a secret that the Emirate provides great perspectives for different businesses, since it opens the way to the largest markets in Africa and Asia. For businessmen, arriving on business trips, in each hotel complex there are luxurious and spacious business centers for the most comfortable business meetings and negotiations.

When you got acquainted with the information about the United Arab Emirates and the overall business benefits of this country, the next important aspect is choosing a place to establish a company - in what Emirates of the UAE and in what free economic zone to register your company.

There is no any perfect recipe, namely for this reason the country has more than 35 free economic zones. Each of them has its own specifics, advantages and disadvantages.

It should be noted that they have created great opportunities for the development of a wide variety of businesses in the free zone of RAK FTZ: offices and storage facilities for trade and consulting services, as well as building area for any production line for manufacturing and development of innovative technologies. Here you will find everything needed. There are an Industrial Park, a Business Complex, Aviation and Educational Centers, and a Technology Park of Ras Al Khaimah, on the territory of this Free Zone.