INTRODUCTION TO
RAS AL KHAIMAH ECONOMIC ZONE
RAS AL KHAIMAH’S ECONOMY
“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.”
His Highness Sheikh Saud bin Saqr Al Qasimi
UAE Supreme Council Member and Ruler of Ras Al Khaimah
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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 A/A-1
Very diversified, dynamic economy
Average GDP growth of 8% annually since 2011
UNITED ARAB EMIRATES
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SUBSTANTIAL LOGISTICAL ADVANTAGES
LAND SEA AIR
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.
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LESS THAN AN HOUR’S DRIVE FROM DUBAI INTL AIRPORT
4 HOUR FLIGHT TIME 8 HOUR FLIGHT TIME
TO 31% OF THE WORLD’S POPULATION TO 76% OF THE WORLD’S POPULATION
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INDUSTRIALISATION IN THE EMIRATE
RAK is the most industrialised emirate in the UAE.
Manufacturing in RAK contributes more than 26% of the emirate’s GDP.
The major factor for the emirate’s high level of industrialisation include:
Availability of natural resources
Cost-effectiveness of setting up and operating manufacturing activities
DID YOU KNOW?
Burj Khalifa, the tallest skyscraper in Dubai, was
built using ceramics and glass from Ras Al Khaimah
DID YOU KNOW?
The Palm Jumairah in Dubai, was built using
rocks from the mountains of Ras Al Khaimah
DID YOU KNOW?
Most public transport vehicles and school buses engaging
the UAE roads are manufactured in Ras Al Khaimah
DID YOU KNOW?
Luxurious beddings in most of UAE’s 5-star
hotels are produced in Ras Al Khaimah
WORK, LIVE AND PLAY
KEY ADVANTAGES: LOWER COSTS & HIGHER
RETURN ON INVESTMENT
COST OF SETTING UP A BUSINESS
25-50%
COST OF RUNNING A BUSINESS LOWER
THAN NEIGHBOURING
COST OF LIVING REGIONS
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STARTING A BUSINESS IN RAS AL KHAIMAH
There are two main options for starting a business in Ras Al Khaimah:
ZERO TAXATION
100% OWNERSHIP & PROFIT REPATRIATION
FREE ZONE ENTITY ACCESS TO LOCAL MARKET THROUGH A LOCAL AGENT
NO CUSTOMS DUTY ON RE-EXPORTED GOODS
FREEDOM TO SOURCE LABOUR
ZERO TAXATION
ESTABLISHED IN ASSOCIATION WITH A UAE PARTNER
NON-FREE ZONE DIRECT SALES IN LOCAL MARKET
ENTITY
NO CUSTOMS DUTY ON SALES IN LOCAL OR GCC MARKETS
SUBJECT TO UAE LABOUR LAW
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RAS AL KHAIMAH ECONOMIC ZONE
Based in the heart of Ras Al Khaimah and guided by the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE
Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) was established to
oversee and consolidate the specialised zones and clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK
Investment Authority (RAKIA).
RAKEZ is the continuation of the story that started with the foundation of RAK FTZ in 2000 and the establishment of RAKIA
in 2005. It is the preferred business destination of more than 13,000 multinational companies, from over 100 countries
representing above 50 sectors.
e e e
FOUNDED FOUNDED GOVERNING AUTHORITY
2000 2005 2017
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RAS AL KHAIMAH ECONOMIC ZONE
A world-class government authority established by the government of
Ras Al Khaimah in 2017
Houses two of the fastest-growing free zones in the UAE, and the leading
free zones in RAK; RAK FTZ & RAKIA
Serves over 13,000 multinational companies from more than 100
countries representing over 50 sectors
Spread over 33 million m2
His Highness Sheikh Ahmed bin Saqr Al Qasimi
Chairman, Ras Al Khaimah Economic Zone, Ras Al Khaimah Free Trade Zone & RAK Investment Authority Member of Ruling Family of Ras Al Khaimah
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RAKEZ ADVANTAGES
Free zone and non-free zone company formation
Fast and efficient business set-up processes
Wide-ranging business and industrial facilities and value-added services
One-stop shop location for administrative processes
RAKEZ ADVANTAGES
Connectivity to major logistical hubs and multilane super highways
Easy access to markets across the Middle East, Europe, North Africa
and Asia regions
Provision to rent or build on-site staff and labour accommodation
SETTING UP A BUSINESS IS AS EASY AS 1, 2, 3
SUBMIT RECEIVE YOUR
1 CUSTOMISE
YOUR PACKAGE 2 APPLICATION &
DOCUMENTS 3 BUSINESS
LICENCE
With the help of our business set-up Our business set-up consultants will Your licence along with your
consultants, you will select your guide you from filling out your registration set and bank letter will
suitable legal entity, licence type and application all throughout be issued upon completion of the
facility. submission, ensuring that all licensing formality, then the visa
requirements are met. application process will start.
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SPECIALISED ECONOMIC ZONES CATERING TO
YOUR INDIVIDUAL BUSINESS REQUIREMENTS
AL HULAILA
INDUSTRIAL
ZONE
RAKEZ BUSINESS ZONE
AL HAMRA INDUSTRIAL ZONE
RAKEZ
RAKEZ
AL GHAIL INDUSTRIAL ZONE BUSINESS
ACADEMIC
ZONE
ZONE
AL HULAILA INDUSTRIAL ZONE
AL HAMRA
INDUSTRIAL
RAKEZ ACADEMIC ZONE ZONE
AL GHAIL
INDUSTRIAL
ZONE
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TAILORED SOLUTIONS & FACILITIES TO
FIT YOUR BUSINESS NEEDS
COMMERCIAL EDUCATIONAL E-COMMERCE GENERAL TRADING
Trading in services and goods Opening an education-related Trading in goods and services via Trading in multiple goods
institution or consultancy company electronic means
INDIVIDUAL / PROFESSIONA
PROFESSIONAL INDUSTRIAL MEDIA
L
One owner with one activity in a Manufacturing, importing, packaging Operating media-related business For individuals who provide
specific specialty or expertise and exporting products activities professional services
SERVICE TOURISM
Conducting services or consultancies Operating tourism-related activities
across any industry or establishments
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FLEXI FACILITIES OFFICES
CUSTOMISED FACILITIES TO FIT EVERY BUSINESS NEED
WAREHOUSES LAND FOR DEVELOPMENT
FLEXI FACILITIES
Shared furnished workstations or offices One-stop shop facility and value-added services
Ideal for startups, SMEs and entrepreneurs Advanced IT/telecommunications infrastructure
Secretarial and business centre services Eligibility to apply for UAE Residence Visa
STARTING FROM AED 13,500
OFFICES
Ready or customisable office spaces One-stop shop facility and value-added services
Ideal for commercial, service and consultancy businesses Advanced IT/telecommunications infrastructure
Secretarial and business centre services Eligibility to apply for UAE Residence Visa
STARTING FROM AED 24,600
WAREHOUSES
Customisable and available in various sizes Proximity to retail districts and major logistical hubs
Ideal for manufacturing, trading, assembly and logistics Provision for on-site staff and labour accommodation
Availability of security and utility supplies around the clock Easy access to manpower for loading and cargo
Permanent power connectivity Eligibility to apply for UAE Residence Visa
STARTING FROM AED 205 / M2
LAND FOR DEVELOPMENT
Wide-ranging land sizes for development Provision for on-site staff and labour accommodation
Ideal for manufacturing and projects Well-paved roads at all locations
Availability of security and utility supplies around the clock Eligibility to apply for UAE Residence Visa
Proximity to major logistical hubs and other emirates
STARTING FROM AED 18 / M2
NATIONAL, REGIONAL, GLOBAL
RAKEZ operates in three locations in the UAE, and has an expanding international presence with liaison offices in India, Turkey and Germany.
UAE OFFICES INTERNATIONAL OFFICES
RAKEZ HEADQUARTERS - RAK INDIA RAKEZ LIAISON OFFICE – MUMBAI
RAKEZ BUSINESS CENTER - DUBAI TURKEY RAKEZ LIAISON OFFICE – ISTANBUL
RAKEZ BUSINESS CENTER – ABU DHABI EUROPE RAKEZ LIAISON OFFICE – COLOGNE
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INVESTORS FROM AROUND THE WORLD
UNITED KINGDOM 7.4%
UAE 5.5%
INDIA 22.7%
SYRIA 5%
COUNTRIES CLIENTS COUNTRIES CLIENTS
PAKISTAN 5% INDIA 3,100+ JORDAN 400+
UNITED KINGDOM 1,000+ CANADA 300+
FRANCE 4.1%
UAE 750+ USA 300+
SYRIA 700+ ITALY 300+
EGYPT 3.5%
PAKISTAN 700+ RUSSIAN FED. 250+
GERMAN 3% FRANCE 550+ LEBANON 200+
EGYPT 450+ IRAN 200+
JORDAN 3%
GERMAN 400+ OTHER 4,000+
CANADA 2.3%
USA 2.3%
ITALY 2.3%
OTHERS 29.1% RUSSIAN FED. 1.7%
LEBANON 1.5%
IRAN 1.5%
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FLOURISHING SECTORS OF RAKEZ
13,000+
COMPANIES
50+
SECTORS
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SELECTION OF OUR SUCCESSFUL CLIENTS
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STRATEGIC PARTNERS
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THANK YOU