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INTRODUCTION TORAS AL KHAIMAH FREE TRADE ZONE &RAK INVESTMENT AUTHORITY
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RAS AL KHAIMAH’S ECONOMY
His Highness Sheikh Saud bin Saqr Al QasimiUAE Supreme Council Member and Ruler of Ras Al Khaimah
“Opening the door to foreign trade is a hallmark of Ras Al Khaimah’s past, present and future. Today we honour our heritage by welcoming the investors of the future.”
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RAS AL KHAIMAH IS PART OF THE UNITED ARAB EMIRATES
Ras Al Khaimah (RAK) is one of the seven emirates that comprise the United Arab Emirates (UAE), along with Abu Dhabi and Dubai.
Extremely safe, secure and stable emirate; with Fitch rating of A and S&P rating of AA+
Very diversified, dynamic economy
Average GDP growth of 8% annually since 2011 UNITED ARAB EMIRATES
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4-HOUR FLIGHT TIMETO 31% OF THE WORLD’S POPULATION
8-HOUR FLIGHT TIMETO 76% OF THE WORLD’S POPULATION
LESS THAN AN HOUR’S DRIVE FROM DUBAI INTL AIRPORT
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RAK has a strong trading heritage due to its geographical location at the mouth of the Arabian Gulf, and has grown into an industrial and trading hub, offering strategic access to the UAE’s major logistical centres and emerging world markets.
LANDMulti-lane super-highways connect to all neighbouring emirates and countries
SEARAK is home to four seaports, including;
• Saqr Port - the largest bulk commodity port in the Middle East
• Khor Port - offering a range of modern cargo handling facilities and services
• Al Jeer Port - on the border of the Sultanate of Oman
• Al Jazeera Port - specialising in dry docking and ship repair
AIRRAK International Airport services the emirate
• An annual cargo capacity of 50,000 tonnes
• Chilled reefers and cold storage facilities
• 23,000 m2 of warehouse storage space
SUBSTANTIAL LOGISTICAL ADVANTAGES
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JOINT VENTURES & PRIVATE INVESTMENT
BANK LOANS SUKUK INITIAL PUBLIC OFFERING, STOCK LISTING
The UAE’s currency, the United Arab Emirate Dirham (AED), is pegged against the US dollar at a fixed rate of AED 3.673 = USD 1
FINANCING A BUSINESS IS EASY IN THE UAE
A DIVERSE ECONOMY FOR INVESTORS
TOURISM SERVICES SECTOR
INDUSTRIAL SECTOR REAL ESTATE & DEVELOPMENTTRADING & LOGISTICS
EDUCATION
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RAS AL KHAIMAH FREE TRADE ZONE AUTHORITY WWW.RAKFTZ.COM
COST OF SETTING UP & RUNNING A BUSINESS25-50% LOWER THAN ALTERNATIVE FREE ZONES
COST OF LIVINGSUBSTANTIALLY LESS THAN THE UAE AVERAGE
KEY ADVANTAGES: LOWER COSTS & HIGHER RETURN ON INVESTMENT
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Major Benefits In Line With Strategic Vision (Key Drivers)
HIGH QUALITY OF LIFE IN RAK
TOURISM
EDUCATION
RESIDENTIAL DEVELOPMENT
RECREATION
CULTURE
HEALTH CARE
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STARTING A BUSINESS IN RAS AL KHAIMAH
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There are two main opportunities for starting a business in Ras Al Khaimah:
Must be established as joint ventures with a UAE National sponsor. Foreign investors are generally limited to 49% ownership.
NON-FREE ZONE COMPANIES
May be 100% foreign owned, and operate under more liberal free zone regulations.
FREE ZONE COMPANIES
NONFREE ZONE49% FOREIGNOWNERSHIP &
0% TAX
DIRECT SALES IN LOCAL
MARKET
PROFIT REPATRIATION
AS PER PARTNER CONTRACT
NO CUSTOMS DUTY FOR SALES
IN LOCAL OR GCC MARKETS
UAE LABOUR
LAWS
FREE ZONE100% FOREIGNOWNERSHIP &
0% TAX
INDIRECT SALES IN
LOCAL MARKET
100% PROFIT
REPATRIA-TION
NOCUSTOMS
DUTY ON RE-EXPORTED
GOODS
FREEDOMTO SOURCE
LABOUR
RAK FREE TRADE ZONE &
RAK INVESTMENT AUTHORITY
• Amongst the fastest-growing free zones in the UAE
• Investment destinations of choice for more than 12,000 companies from over 100 countries, representing more than 50 industry sectors
His Highness Sheikh Ahmed bin Saqr Al QasimiChairman, RAK Free Trade Zone & RAK Investment AuthorityMember of Ruling Family of the Emirate of Ras Al Khaimah
A COST-EFFECTIVE GATEWAY TO GLOBAL MARKETS
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TARGETS SME
INVESTMENTS FREE ZONEFORMATION
ATTRACTS INDUSTRIAL COMPANIES &
MANUFACTURERS
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FREE ZONE & NON-FREE ZONE
FORMATIONS
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NUMEROUS SERVICES & BENEFITS
RESIDENCE VISAS
VALUE- ADDEDSERVICES
RANGE OF FACILITIES
QUICK & EASY COMPANY REGISTRATION
100%OWNERSHIP
NO TAXATIONNO CUSTOMS DUTY ONRE-EXPORTED GOODS
FLEXIBLE RECRUITMENT
RAK FTZ and RAKIA provide all you need to set up your company in the UAE. Our one-stop-shop approach makes it easier
and faster to get your licence, set up a legal entity, and begin profitable operations.
QUICK & EASY COMPANY SET-UP
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ISSUANCE OF TRADE LICENCE
CUSTOMISE YOUR PACKAGE
SUBMIT APPLICATION& DOCUMENTS
1 2 3
INVESTMENT OPPORTUNITIES ACROSS MULTIPLE SECTORS
EDUCATIONSERVICES
HEAVY INDUSTRIALLIGHT INDUSTRIAL DISTRIBUTION & TRADING
LOGISTICS
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• Commercial
• General Trading
• Consultancy / Services
• Industrial
BUSINESS LICENCE
• Non Free Zone
• Free Zone (FZC/FZE)
• Foreign Branch
• Local Branch
• Foreign Subsidiary
LEGAL ENTITIES
• Flexi-Desks & Offices
• Standard & Executive Offices
• Shell & Core Offices
• Warehouses
• Industrial Land
FACILITIES
TAILORED SOLUTIONS & FACILITIES TO FIT YOUR BUSINESS NEEDS
FACILITIES TO FIT EVERY BUSINESS NEED
INDUSTRIAL LANDWAREHOUSES
FLEXI FACILITIES OFFICES
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INDUSTRIAL PARK
BUSINESS PARK
TECHNOLOGYPARK
ACADEMICZONE
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AL GHAILINDUSTRIAL PARK
ACADEMIC ZONE
AL GHAIL INDUSTRIAL PARK INDUSTRIAL PARK
e
TECHNOLOGY PARK
AL HAMRA PARK
BUSINESS PARK AL HAMRA PARK
SPECIALISED FREE ZONE PARKS CATERING TO YOUR INDIVIDUAL BUSINESS NEEDS
NATIONAL, REGIONAL, GLOBAL
Ras Al KhaimahRAK FTZ Headquarters
DUBAI
ABU DHABI
RAS AL KHAIMAH
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DubaiRAK FTZ Business Centre
Abu Dhabi RAK FTZ Business Centre
India Office (Mumbai)RAK FTZ Liaison Office
Turkey Office (Istanbul)RAK FTZ Liaison Office
Europe Office (Cologne)RAK FTZ Liaison Office
RAK FTZ operates in three locations in the UAE, and has an expanding international presence with liaison offices in India, Turkey and Germany.
INDIA OFFICE
TURKEY OFFICE
EUROPE OFFICE
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INVESTORS FROM AROUND THE WORLD
OTHERS 24.0%
INDIA 21.2%
SYRIA 12.7%
LIBYA 1.8%IRAQ 1.8%
CANADA 1.9%GERMANY 2.6%
FRANCE 2.6%
JORDAN 2.6%
USA 2.7%
IRAN 2.8%
TURKEY 3.2%
UAE 4.0%
PAKISTAN 4.6%
EGYPT 4.9%
UNITED KINGDOM 6.4%
SUCCESS STORIES
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THANK YOU
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