RAK Free Zones

RAK Free Zones

More than 8,500 companies from more than 100 countries call Ras Al Khaimah Free Zone home.

The Ras Al Khaimah free zone, which opened in 2000, now has over 8,500 companies from more than 100 countries. You are permitted to open any type of business in the RAK freezone. Just 50 minutes from Dubai, Ras Al Khaimah is quickly becoming a popular investment destination. RAK freezone, which has state-of-the-art infrastructure, is expected to become the most sought-after investment destination in the UAE.

The cost of establishing a business in the RAK free zone is also among the lowest in the UAE. Unlike mainland businesses, the RAK freezone provides developers with free-hold property and full international ownership. Since it serves as an entry point for the UAE from the Arabian Sea, logistics are cheaper from the Ras Al Khaimah free zone. Because RAK Investment Authority issues licences quickly, the time it takes to form a company in RAK freezone is less than the time it takes to form a company in Dubai free zones.

Prior to the incorporation of a RAK free zone venture, investors must have a minimum capital sum in their bank account. You must provide all of the necessary paperwork in order to start a business in the Ras Al Khaimah free zone, as well as ensure that the RAK free zone licence fees are charged on time.

FOUR FREE ZONE BUSINESS PARKS MAKE UP RAS AL KHAIMAH FREE ZONE.

Business: This section is devoted to companies and corporations looking to invest.
Industrial: This zone is intended for heavy manufacturing industries.
Technology: Trade and light producers are also included in this segment of technology.
Academic: The RAK FTZ aspires to be a world-class education destination by establishing a zone for the best educational institutions in the world.

Benefits

  • It is fully tax-free.
  • The corporation is owned entirely by foreigners.
  • Income and capital are both returned in full.
  • Exemption from income taxes for a long time.