Ras Al Khaimah, which is approximately 45 minutes from Dubai's economic centre, is quickly becoming a popular investment destination for investors from all over the world. Despite the UAE's abundance of free zones, Ras Al Khaimah Free Trade Zone is the first port of call for the northern emirates due to its physical location and closeness to Port Saqr. Easy transshipment and quick entry to countries all over the world are ensured by paying close attention to administrative procedures. Port Saqr is closer to the main shipping lane that crosses the Strait of Hormuz, and it is the most accessible emirate to all northern markets, including Iran and the CIS, Pakistan, India, and China and the Far East.
Ras Al Khaimah Free Trade Zone (RAKFTZ) has developed into a world-class business hub with state-of-the-art infrastructure and hi-tech facilities for industrial growth and development in less than ten years since its inception, having been named "Best Emerging Free Zone" for the second year in a row. The Free Zone provides investors with tailored support services. It is one of the region's most cost-effective free zones, and most importantly, it provides a completely trouble-free, customer-friendly environment, which is critical for any business' success.
RAKFTZ has made a reputation for itself around the world through its marketing and awareness campaigns. It has registered over 8000 businesses from over 100 countries around the world. Customers of RAKFTZ come from a variety of markets, including the Middle East, Europe, North America, and Asia, to name a few.
The Ras Al Khaimah Free Trade Zone Authority has developed a system of four distinct Free Zone Parks to fit and service the needs of each investor. The Business Park, Industrial Park, Technology Park, and Al Ghail Park are part of the Four Parks idea, which comprises offices, warehouses, and land. Each Park, which is located in different parts of the Emirate of Ras Al Khaimah, caters to the distinct commercial interests and activities of RAKFTZ investors.
Ras Al Khaimah Free Trade Zone allows following types of companies or business entities within its premises:
- Free Zone Limited Liability Company (FZ-LLC)
- Branch of a UAE-Based Company
- Branch of a Foreign Company
The complete processing time would take 1-2 weeks.
The cost of registration starts from AED 11,500 based on the type of entity.