Ras Al Khaimah Free Trade Zone ( RAK FTZ) offers one of the most cost effective business destinations among the free trade zones. Established in the year 2000, it has grown very fast t become the home of more than 4500 active businesses from100 countries.
RAK FTZ has a mission to attract value adding and know-how based innovative investments to promote the local businesses. With a vision to become a global brand as a premium investment destination, RAK FTZ is on a strong growth path.
Driven by the values like social responsibility, Innovation, evolution, customer focus and employee development, RAK FTZ runs their business operations in an efficient and effective manner. Located just 45 min from Dubai and with in proximity to other free trade zones, RAK FTZ has been able to carve a niche for itself through simplified and customer friendly approach and processes.
RAK FRZ has established trade promotion offices in Dubai and Abu Dhabi to facilitate growth and improved customer relations. A basic set f rules and regulations are developed to provide fair and equal treatment to all the investors, employees and businesses operating at RAK FTZ.
These rules cover the general areas like licensing, leasing, permitted operations and activities, park regulations, labor practices, security and disciplinary actions.
RAK FTZ has received many awards and accolades for its excellent services being rendered It is also certified for ISO 9000 and ISO 14000 as well.
RAK FTZ offers standard offices package for small start ups. This comes along with the license for business as well as dedicated office space, phone number and advanced IT infrastructure. Services of a modern business centre are also accessible.
A Flexi Desk package is also available as a low cost option to enter the market and is an ideal way to test new market. This can be later upgraded to an executive office suite. But this package does not permit a residence visa.
Executive office suites are ideal solutions for companies requiring a permanent presence in UAE. They are available in flexible sizes and eligible for four resident visas as well.
Ware houses of sizes 150 to 416 square meters are available for storage as well as light assembly and manufacturing activities. These are located in the industrial park near Al Saqr sea port and Technology Park close to the Ras Al Khaimah airport.
RAK FTZ also offers an innovative product where international companies can register using the International Registry Service. This service is particularly suitable for companies looking to minimize tax liability, creating a company with a nominal equity investment, seeking asset protection or to establish an exchange control trading vehicle.
This is available through registered offshore agents. These can have single director and do not need AGM and other such formalities.
Different plots are available for development and establishment of industries. These plots are available from 5000 square meters and come with amenities like onsite staff accommodation, easy access to manpower and 24X7 accesses.
Another unique feature is the Academic zone where the educational institutions like colleges and universities can establish themselves and offer their services to the local market. These can be universities, colleges, academic infrastructure providers, training centers and distance education centers.
RAK FTZ offers a one stop solution for starting a business in UAE and has a plethora of required services readily accessible to the investors. These include business licensing, visa sponsorship, legal services and other related services.
With a highly client centric approach and innovative product options, RAK FTZ is growing from strength to strength.