RAK Investment Authority

Since its inception in 2005, Ras Al Khaimah Investment Authority (RAKIA) has developed and managed free zone and non-free zone jurisdictions in the Emirate of Ras Al Khaimah. RAKIA is uniquely positioned as a complete business park offering comprehensive end-to-end business formation services and solutions at competitive setup and operating costs. At RAKIA, investors can get everything from business licences to leasing options on land, warehouses and office spaces to visas.

Characterized by exceptional value and convenience, RAKIA’s approach has earned the company a respectable reputation among free zone entities and a wide portfolio of global investors across sectors. RAKIA's two industrial parks, in the Al Hamra and Al Ghail areas of Ras Al Khaimah, are home to over 7,000 companies and manufacturers in various sectors, including metal, chemicals, food, plastics and automotives.

Investors benefit from the following business advantages:

Low Cost of Business Set-up and Operations

• Most competitive lease rates in the region
• Availability of affordable utilities
• 100% tax exemptions (no corporate or personal taxes)
• 100% foreign ownership in Free Zone companies
• 100% repatriation of capital and profits
• Duty free trade with all Gulf Cooperation Council (GCC) countries
• Low cost of living and high living standards

Ease of Doing Business

• Free Zone and Non Free Zone
• One stop shop for business formation
• Customised business set up solutions
• Quick and efficient services
• Political and economic stability
• Transparent laws and regulations
• No restriction on hiring expatriates
• ·Fixed exchange rate against the US dollar

Business Facilitation

· Presence of world class research and development (R&D) and incubation centres enabling shared R&D

• Business community of over 7000 companies from around the globe
• Complete range of business solutions and facilities

With easy access to growth markets in MENA and South Asia, 3 billion consumers in a 5-hour flying radius, proximity to 2 express highways, 3 sea ports, a 45-minute drive from the Dubai International Airport, and Ras Al Khaimah's geostrategic location in the Persian Gulf, RAKIA has emerged as the preferred choice for small, medium and large companies.

Awarded as the ‘Best Free Zone Middle East 2014’ by the London-based Global Banking and Finance Review and 'Best Free Trade Zone in the GCC 2014' by the London-based International Finance Magazine, RAKIA continues to strive to be the undisputed choice among industrial zones in the Middle East. As a complete business park that offers end to end business formation services and solutions, RAKIA’s customer centric focus and excellent facilitation will assist you to set up and grow your business in the region and beyond.