Ras Al Khaimah
RAK is located on the Arabian Gulf, near the Strait of Hormuz. It borders the Emirates of Umm Al Quwain, Sharjah and Fujairah. RAK occupies 2478 sq km and its landscape includes from beaches to deserts and from gardens to luxurious resorts.
Why invest in Ras Al Khaimah
A strong economy paired with a stable political environment makes Ras Al Khaimah a dynamic and
exciting place to invest. In 2009, the Emirate received the Financial Times award for “Most Attractive Place in the Middle East for FDI.”
The costs of living and doing business in RAK are very much lower than any other Emirate, and far below those of traditional financial centers such as London, New York, or Mumbai. Forward-thinking investment vehicles such as the Ras Al Khaimah Investment and Development Office work to provide unique benefits and partnership opportunities to foreign investors, who enjoy a 100% income and corporate tax exemption, streamlined and expeditious registration procedures, total foreign ownership, 100% capital and profit repatriation, efficient services, a transparent legal framework, and a network of promotion centers across UAE, Europe, Asia and the United States.
Ras Al Khaimah offers its partners an array of opportunities for developing enterprises of all sizes. In a reflection of the Emirate’s own growth, the Ras Al Khaimah Investment Authority (RAKIA) now boasts more than 3500 companies in its portfolio. Its tailored approach to assisting businesses from site surveying to optimizing daily operations helps to make RAK the ideal home for a new venture.
o No corporate/income/export tax
o Strategically located in the Arabian Gulf between the east and the west
o Maximum tourism potential as compared to Dubai and Abu Dhabi
o Year-round sunshine and favourable weather
o Magnificent tourist attractions and endless sandy beaches
o Evergreen expanses of land and majestic mountains
o No foreign exchange controls, trade barriers or quotas
o No restrictions on capital repatriation
o Easy access to key decision makers
o Liberal labour laws