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DESTINATION RASAlKHAIMAH

 

Ras al Khaimah is located in the northernmost part of the UAE, being one of the fastest-growing emirates and a top investment destination with a prominent role in the global trade and business. Ras al Khaimah has been ranked on Top 10 Small and Mid - sized Global Cities of the Future, among other internationally recognized cities.

Destination Ras al Khaimah is aimed to facilitate investments into the Emirate by creating a smooth path to corporate excellence for foreign investors eyeing to do business in the region.

ABOUT MUSTHAFA & ALMANA

Musthafa & Almana is a leading International Law Firm and global consulting firm specialized in FDI advisory and cross-border investments. We operate in key jurisdictions of UAE, India, UK and USA are being instrumental in facilitating major foreign investments into these markets.

In UAE, the firm is having their International Legal practice Headquarter at Ras Al Khaima Free Trade Zone and Business and FDI Advisory headquarter at Dubai. We provide tailored advisory and consulting services along with relevant legal strategies to create a complete product that Global investors can utilize to smoothly invest in UAE.

We are the Corporate Service Provider for RAK ICC, RAKIA and Ras Al Khaima Free Trade Zone and have deep knowledge about the business and regulatory regime in the Emirate of Ras Al Khaima.

REASONS WHY RAS AL KHAMAH SHOULD BE YOUR PREFERRED INVESTMENT DESTINTION

STRATEGIC LOCATION

One of the key advantages of Ras al Khaimah is its proximity to Dubai, which is considered as the world’s largest business hub. Also, Ras al Khaimah boasts efficient road links with the other Emirates and GCC countries, as well as with a variety of world-class ports and airports. It is strategically located to 100 km far from Dubai International Airport, 150 km far from Al Maktoum International Airport DWC and only 90 minutes from Jebel Ali Port, which is the biggest port in the Middle East and the world’s largest man-made harbor.

BUSINESS-FRIENDLY ENVIRONMENT

Having a cost-effective coefficient, Ras al Khaimah is the gate to rapidly growing markets in the Middle East, Africa and South Asia region. Also, RAK business environment stands out by its high economic stability and security which facilitate the smooth establishment and growth of companies, regardless of size. Last but not least, the cost of doing business in Ras al Khaimah is considerably lower than the UAE average and dramatically lower than other prestigious business centers from the world, whereof New York, London, Singapore and Hong Kong.

REINFORCED INVESTMENT CLIMATE

Under the Government of Ras al Khaimah’s, RAKIA is the industrial licensing and promotion agency to attract investments into Ras al Khaimah, from domestic and foreign markets, aiming to create wealth for the people of this Emirate. RAKIA is offering end-to-end palette of solutions catering to the needs of each particular investor, with minimum transaction and conversion costs, hence enabling the flourishing of the businesses in a fast, easy and highly efficient way. The increased focus on services, real estate, tourism, construction and manufacturing are driving the growth of Ras al Khaimah.

WORLD CLASS FACILITIES IN THE BEST FREE ZONE

RAK FTZ has been recognized as one of the best free-zones in the world for small and medium-sized companies eyeing to growth their business in a fast-emerging environment, offering the advantage of a fast-track licensing and registration process.

In furtherance to enhancing the way of serving the Asian market, RAK FTZ has come up with a dedicated business support team equipped with the expertise and language requirements necessary to assist Asian companies in the incorporation process and further, to their growth.

RAK ICC – FAVORABLE JURISDICTION FOR INTERNATIONAL COMPANIES

RAK ICC has merged from offshore registries of RAKIA and RAK FTZ, being the most proactive and client-caring jurisdiction, exclusively dedicated to International Companies administration and maintenance. It offers great business advantages such as: 100% foreign ownership, tax-free environment, full confidentiality, easy to maintain. Although the company is restricted from conducting business within UAE, it shall be allowed to handle a wide variety of activities outside the Emirates, including but not limited to trading, consulting, construction, real estate, travel and marketing.

ECONOMIC DEVELOPMENT

In recent year, figures have shown a strong growth in foreign trade, manufacturing, services, tourism sectors. Also, a considerable rise has been registered in the standard of living, growth in education and development of healthcare facilities and world-class housing. Hence, Ras al Khaimah has come to be the frontrunner in the Middle East investment race, having a meaningful contribution to the GDP of UAE.