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RAK Freezone

RAK FREEZONE:

About:

  • RAK Free zone business setup offers investors numerous benefits like authority for your business as well as no restrictions on foreign exchange transactions and other facilities in the free zone
  • The RAK Free Zone Business Setup has numerous customer-friendly policies for the business environment, along with incredible benefits. The process to obtain a license is easy and also the cost of living is low.
  • This place is an exciting place to settle down because of its strong economy and very stable political environment.
  • There are no strict rules and regulations while comparing it to other jurisdictions and the government offers business confidentiality to investors.
  • You can also find a wide range of warehousing, office facilities and setting up a free zone in RAK is the ideal geographical location for local and international markets.

The main free zones are:

  • Ras Al Khaimah Economic Zone (RAKEZ)
  • Ras Al Khaimah Free Trade Zone
  • Ras Al Khaimah Media Free Zone
  • Ras Al Khaimah Investment Authority
  • RAK Maritime city free zone authority (RMCFZA)

Location:

Ras al Khaimah (RAK) situated in the northern end of UAE, is just a fifty-minute drive from Dubai.

Specialties:

It is one of the world’s most economical free zones with its low rents and low cost of living. It offers a wide range of furnished office and warehousing facilities.

PROS: 

  • Immigration facilities are efficient and quick.
  • No currency restrictions and regulations.
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