The United Arab Emirates has always been a land where businessmen and traders found very conducive. The Ras Al Khaimah Free Trade Zone stands out as an assured location of preference for any entrepreneur or investor. It is strategically located at the core of the Middle East, thus bringing together the RAK Free Trade Zone as an end result of strategic location, amazing infrastructure, and business-friendly ambience. Here in this article, we will mention all the activities allowed in RAK Free Trade Zone concerning UAE company registration and RAK Maritime City.
Strategic Location
Strategically located, RAK Free Trade Zone is in the emirate of Ras Al Khaimah, a mere 45-minute ride from the Dubai International Airport, offering access to key markets in the Middle East, Asia, and Europe.
Business Activities Permitted
The Free Trade Zone permits a wide spectrum of business activities, which involve:
- Trading and commercial activities
- Industrial and manufacturing activities
- Consulting and professional services
- Logistic and warehousing
- IT and technology services
- Financial services
- Tourism and hospitality.
RAK Maritime City
This is a unique offering with the RAK Free Trade Zone, consisting of maritime business sectors. The city will offer entrepreneurs and investors a host of facilities and amenities like:
- World class infrastructure for shipbuilding, repair and maintenance
- Arrangements for deep water berths and dry docks
- State of the art cargo handling and storage facilities
- Next to major shipping lanes
UAE Company Registration in RAK Free Trade Zone
Company formation in RAK Free Trade Zone is accompanied by a good number of options that offer a variety of advantages to the investors, including the following:
- 100% foreign ownership
- Tax-free status
- No restriction on capital and profit repatriation
- No currency restriction
- A skilled and multi-cultural workforce available
Benefits of Establishing Business in RAK Free Trade Zone
Conclusion
The RAK Free Trade Zone, and particularly the RAK Maritime City, offers a golden chance for any business to prosper in the UAE. The competitive one-stop center in the middle of the business world aims to be the “most potential” spot for entrepreneurs or investors with its strategic location in the business-friendly environment. One should seek professional advice that will help in the procedures and act as a guide that will set your business on full potential under the RAK Free Trade Zone.
Moreover, If you want any other guidance relating to business setup in Dubai, please feel free to talk to our business advisors at 8881-069-069.
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Business activity allowed in RAK Maritime City UAE Free Zone