Since incorporation less than 4 years ago, Ras Al Khaimah Free Trade Zone Authority has licensed more than 410 companies from 33 different countries, and this figure is rapidly increasing.
As the youngest of all of the Free Zones in the UAE, Ras Al Khaimah Free Trade Zone has built its international reputation and infrastructure only after careful research, planning and development, resulting in the introduction of a unique, ambitious 3 Park concept that did not exist previously in the UAE or even within the region, and the provision of premier business facilities for RAK ftz investors within other Emirates.
As more and more Free Zones appear in the UAE and throughout the region, Ras Al Khaimah Free Trade Zone will continue with its policy of sourcing and attracting environmentally friendly, quality investors in the Service, Manufacturing and Industrial sectors, with high emphasis placed on attracting investors from the Technology industry. RAKiftz investors can expect an easy and rapid licensing procedure every step of the way, and every investor is sure of an ongoing, unrivalled marketing support service.
All the three Parks are undergoing major expansion on a regular basis. The next few years will see targeted expansion and development within RAKiftz, catering for individual investor needs within each of the 3 Parks, and in the further development of superior business facilities in other Emirates, to ensure that our investors are presented with a total marketing solution and everything they will ever need to succeed in business with Ras Al Khaimah Free Trade Zone.
THE UNIQUE RAKFTZ 3 PARK SYSTEM:
The Business Park, Industrial Park and Technology Park Free Zones follow the vision of the Chairman, HH Sheikh Faisal Bin Saqr Al Qassimi. This original concept has proved to be a major attraction to investors from across the globe, setting us apart from other UAE and regional Free Zones.
THE BUSINESS PARK:
Centrally located, this is the vibrant heart of the business district. The new World Trade and Business innovation Centre is ideally located within Ras Al Khaimah Free Trade Zone, next to our headquarters and situated between both industrial and technology
parks.
Offices are equipped with state of the art communication links and the Free Zone Authority provides all utilities and cleaning services. We are always on hand to provide local and international marketing knowledge, support and information services to assist with your business development.
Added advantages are the nearby RAK exhibition Centre, five star hotel and a premier shopping and entertainment complex.
THE INDUSTRIALS PARK:
Situated approximately 15 kilometers north of Ras Al Khaimah and very close to Saqr Port.
To Honour the environment obligations, the industrial Park is surrounded by a protected and native stand of mangrove trees providing an ecologically friendly environment in which to operate Plot sizes are provided to suit individual client requirements and are fully serviced with water,
electricity and telecommunications. On site employees accommodation can be provided. There
is an administrative and service support centre located within the Park.
Facilities offered |
Warehouse / Light Industrial Units
200 m2
|
Executive offices
(Minimum 18 m2)
|
Plot of land 5,000 m2) |
Rental per annum |
US$ 10,908
(AED 40,000)
|
US$ 5,890
(AED 21,600)
|
US$ 16,362
(AED 60,000)
|
Lease Period |
One year, annually renewable |
One year, annually renewable |
5-15 years; renewable for similar period |
Possible legal entities |
Branch of foreign company
(Including offshore company)
|
Branch of a UAE company |
Free zone establishment
FZE
|
Free zone company
FZC
|
Capital-cash physical |
None |
None |
* US$ 27,270
AED 100,000
|
*US$ 27,270
AED 100,000
|
No of shareholders |
|
One |
|
Min 2, Max 5 |
Formation fee |
None |
None |
US$ 1,909
AED 7,000
|
US$ 1,909
AED 7,000
|
Types of licenses issued |
Commercial
(Maximum 7 similar line of products)
|
Commercial – General trading |
Consulting Service |
Real Estate license |
Industrial |
License fee |
US$ 818
AED 3,000
|
US$ 4,091
AED 15,000
|
US$ 2,045
AED 7,500
|
US$ 4,091
AED 15,000
|
US$ 1,364
AED 5,000
|
Business Segments |
Import, Export, manufacturing, processing, assembling, packaging, distribution, consolidation, storage, different kind of services unless otherwise restricted by federal or local authorities. |
Port facilities |
Ras Al Khaimah port (Mina Saqr), Ras Al Khaima Airport\\shahbaz\agn12\fujarah.htm |
Ownership |
100% |
Visas |
Visas are issued on the basis of the size of the office space leased. However, no restriction for industrial / aseembly units operating in pre-built warehouse and lease land |
Company formation period |
Licensing within 48 hours upon approval for Trading, Assembling and warehousing licensing for manufacturing upon the approval of agreement for premises. * Minimum capital requirement for General Trading and Real Estate license is US$ 136,352 (AED 500,000)
Other facilities available are: shared office, Flexi office, Flexi desk warehouses in different sizes are also available.
|
