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RAK City Guide
Ras Al Khaimah
Why Invest in Ras Al Khaimah?

Why Ras Al Khaimah?

  • No corporate/income/export tax
  • Strategically located in the Arabian Gulf and forms the gateway to most of the countries in the Middle East
  • Ras Al Khaimah is emerging as a solid tourism destination benefiting from rising costs of rents and sales in Dubai and Abu Dhabi
  • Ras Al Khaimah is famous for its magnificent tourist attractions, charming endless sandy beaches, evergreen expanses of land, high graceful mountains in addition to its fine weather
  • No foreign exchange controls, trade barriers or quotas
  • No restrictions on capital repatriation
  • Easy access to key decision makers
  • Liberal labor laws
Locational Advantages
  • Well connected to major international destinations
  • Lowest freight cost to Europe, Asia, Africa and America
  • Ras Al Khaimah has its own international airport and RAK Airways
  • Well-developed infrastructure facilities
  • Three main Seaports, Mina Saqr, Mina Khor and Mina Al Jazira
Free Zone
  • 2.2 million sqm of land
  • 100% foreign ownership
  • All utilities meets international standards
  • Long term plan lease (25 years minimum)
  • Close proximity to Airport, Seaport, Hotels, Banks and Hospital
  • 45 minutes from Dubai international airport
Educational Institutions
  • Well-established state runs primary and secondary schools on a international standards
  • George Mason University has already setup a campus
Infrastructure Developments
  • Power generation (Thermal/ Solar)
  • Water desalination plants & supply
  • Expansion plans for Airport & Seaport
  • Sanitation (Water/waste treatment)
  • Oil and Gas projects (exploration and refineries)
Economy
  • GDP now stands at AED 8.3 billion and has grown by more than 50% over the last 4 years and this is set to triple by 2012
  • Growth driven by increased focus on manufacturing, services, real estate, construction, tourism and agriculture
  • Export ( incl. Re-exports) account for nearly 60% or Ras Al Khaimah has the highest capital investment in the industrial sector in UAE
  • 1,000 companies registered with Rak Investment Authority in less than 2 years
Investor Considerations
  • Investment promotion driven under guidance of H.H Sheikh Saud Bin Saqr Al Qassimi Crown Prince and Deputy Ruler
  • Strategic location that allows easy access to the markets of the Middle East, Europe, CIS, Africa and the Indian subcontinent
  • Free-Zone areas that allow 100% foreign ownership
  • State-of-the-art telecommunications network
  • Favourable attitude toward private business
  • No foreign exchange controls
  • No income tax for individuals or corporations
  • Duty-free import of raw material for manufacturing units and generally low import duties
  • Close investor access to local decision-making
Offshore Benefits
  • The establishment and maintenance of companies are simple
  • There is complete privacy and companies are simple
  • Three is complete privacy and confidentiality with international standards
  • 257 companies register and are issuing licenses in Ras Al Khaimah Offshore
Hotels
  • Al Hamra Fort Hotel & Beach Resort
  • Hilton & Hilton Beach Resort
  • Bin Majid Beach Resort & Bin Majid Beach Hotel
  • Ras Al Khaimah Hotel
  • Al Hamra Palace Hotel (coming soon)
  • Banyan Tree Resort (coming soon)
  • Marriott Hotel (coming soon)
  • The Cove Rotana Resort & Spa (coming soon)
  • Radisson SAS (coming soon)
  • La Hoya Bay Hotel (coming soon)
  • Jabel Al Jais (coming soon)
  • Oasis Hotel(coming soon)
  • Tower Hotel (coming soon)
  • Rak Airways Hotel (coming soon)

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