Ras Al Khaimah, the fourth-largest emirate in the UAE, boasts of a rapidly growing economy that primarily focuses industry, trade & commerce, tourism and real estate. Ras Al Khaimah’s business-friendly policies have ensured a brisk increase in foreign direct investments, it has also helped the emirate steadily increase its global appeal as a superior choice destination for business and leisure.
Ras Al Khaimah is well connected to most of the neighboring countries by air, sea and roads. It is ideally positioned to service and access markets like the Middle East, Africa, the Indian Subcontinent and the CIS countries.
The emirate has an excellent road network making overland trans-shipment throughout the Middle East a realistic possibility Excellent telecom system AK airport is one of the six international airports in the country. Saqr port in RAK is one of the largest bulk handling ports in the region with container handling facilities.
RAKIA is an investment behemoth which has structured itself along 8 strategic business units viz; (1) Industrial Parks (2) Education/ Technology (3) Real Estate (4) Transportation (5) Investments (6) Manufacturing & Energy (7) RAK Offshore and (8) RERA.
Key benefits of being located in AFZA
- 100% ownership of thE businesses
- tax free haven
- 100 % capital and profit repatriation
- easy availability of labour
- easy licensing procedures
- excellent port facilities
- No foreign exchange controls, trade barriers and quotas.
We provide advice on the most appropriate ownership structure, choice of license and business activity and assist with preparation of the all necessary documents for the company formation.