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.
Those fully-fledged parks are completely equipped with the most state-of-the-art industrial facilities, premises for storage, warehouses, commercial space for offices and plots of various sizes for different purposes. The area comprises the Industrial Park, the Business Park, the Technology Park and the Al Ghail Park.
The idea of establishing those parks was to accommodate millions of investors availing of all the opportunities at hand and making use of readily accessible advantages when needed. The hub of opportunities is what the Free Trade Zone of Ras Al Khaimah represents, whereby providing business set-up solutions for all types of business activities.
What are the benefits of RAK FTZ?
The benefits speak for themselves providing an opportunity for millions of investors to avail from more than hundred countries:
- Perfect location for logistics and warehousing for both the UAE and the GCC markets;
- Remarkable potential for tourism segment;
- Strategic location with access to over 1.2 billion consumers;
- The Industrial Park and Technology Park are in close proximity to sea port and international airport;
- Container Port and Dry Dock are available;
- Water-front investment opportunities which are practically impossible to have in other Emirates.
Based on the international specialists research, this FTZ has been recognized as "Best Emerging Free Zone" by Middle East Logistics Awards (MELA) for a couple of years in a row.
RAK Investment Authority (offshore and onshore company incorporation)
The RAK Investment Authority has embarked on a mission to attract quality foreign investment in the northern Emirates long ago. In the meantime, billions of foreign capital have been funnelled through the fast-emerging free trade zone’s sectors such as: industry, tourism and real-estate.
RAKIA is multi-faceted administration with various services tailored to all possible customers’ needs. The services for companies inside and outside of the Free Trade Zone. The services include: visas for investors and employees, accommodation for workers and employees, permits and approvals for construction, various storage premises and plots for warehouses as well as commercial space for offices.
RAKIA is conveniently structured, whereby providing all essential infrastructure and permits for its investors as well as all registration procedures which can be accessed in just one centre. The authority of the free zone enjoys the status of a semi-governmental body that allows for availing of the unmatched advantages and business incentives.
Ras Al Khaimah has been justly famous for its rapid rise to a global business hub for millions of entrepreneurs worldwide. Over US$2.5 billion of foreign investments has been funneled into the northern Emirate. It has strategic location linking together West and East trading routes.
Advantages of opening a company in Ras Al Khaimah are:
- Solid logistical support;
- Modern infrastructure is available;
- Strategically favourable location for huge market access;
- Quality lifestyle at affordable cost compared to other Emirates;
- Ease of opening of the company and obtaining a license.
