RAK Freezone Company Formation
Ras Al Khaimah Free Economic Zone (RAKEZ) was created in 2017 as a special business zone in Ras Al Khaimah, which is one of the seven emirates in UAE. The zone was inaugurated by His Highness Sheikh Saud bin Saqr Al Qasimi, pursuing the vision to provide an empowering free zone by offering cost-effective and world-class economic platform with customizable packages, top-notch facilities and specialized incentives. It has investments from more than 8,000 companies and entrepreneurs from over a hundred countries, representing more than 50 major industry sectors.
A few facts about RAK Free Trade Zone
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Superb location, enabling access to both the eastern and western markets
Connectivity to top notch Highways, Intl. Airport and 5 major sea ports
It provides 100 % ownership of business
Great place to live with cost-effective luxury accommodations
0% Personal and corporate tax
WHY CHOOSE RAK Economic Zone?
The free zone provides a tax-free environment, 100% foreign ownership, fast-track visas, freedom to source labor and materials globally, and ongoing business support services. It is an excellent place to work, live and visit with a developed network of infrastructures across the city. It is a major hub for land, sea and air freight, in the MENA region and is recognized internationally as a premium transit platform.
RAKEZ has four free zone parks in Ras Al Khaimah – a Business Park for office clients, an Industrial Park for heavy manufacturing, a Technology Park for trading and light manufacturing, and an Academic Zone for educational institutions.
Undoubtedly regarded as one of the best zones around the Middle East, RAKEZ comprises of free park zones comprising of unique features which will prove to be adequate for all kinds of industries for free zone company formation.
RAKEZ also gives incentives in procurement, recruitment, event management, promotion and not to forget training support.
RAKEZ is mainly a free zone having a wide network of internationally acclaimed network liaison work stations namely India, Europe, Turkey giving out impeccable client support, marketing and sales and also administrative facilities.
There is a wide range of customized offers such as product distribution, office or warehouse requirement or even land for industrial activities. Their services will match up to all your requirements.
Business centers situated in the Dubai South freezone are completely equipped centers and provides all kinds of shared offices, mainly to those who donot need a fixed space or a private office for their business operations. Dubai South is one of the most cost effective options to start your business in the UAE and internationally while reaping the benefits of an extremely advantageous tax-free economy.
RAKEZ provides administration, marketing, sales and adequate customer care services. It allows 100% ownership of the company as compared to the costly business zones where the stipulated percentage is a mandatory 51% to a local partner.
RAKEZ facilities include- space for shell/core office, warehouse, standard workstations, industrial land and much more. Ras Al Khaimah is also an excellent place to live for investors and their families, with malls, parks, entertainment and a broad range of apartments or villas with a much more cost effective than neighboring Emirates such as Dubai or Abu Dhabi.
Every businessman aims for networking, and with the kind of partners RAKEZ has it is simply amazing. It is the home to a vast array of large-scale companies such as Knauf, Hyundai, Kotak commodities, Kotak Mahindra, etc.
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