Ras Al Khaimah Free Trade Zone

Setup Business in Ras Al Khaimah Free Trade Zone
Ras Al Khaimah Free Trade Zone

Established in 2000, Ras Al Khaimah Free Trade Zone (RAK FTZ) is the investment destination of choice for thousands of foreign companies from over 100 countries, representing more than 50 industry sectors.

RAK FTZ has four free zone parks in Ras Al Khaimah: a Business Park for office clients, an Industrial Park for heavy manufacturing, a Technology Park for trading and light manufacturing and an Academic Zone for educational institutions.

In particular:

  1. The RAK FTZ Business Park consists of five buildings: Business Centres 1 to 4, and the Administration Building. The Business Park is situated in the heart of Ras Al Khaimah’s business district.

  2. The Industrial Park is located along the Ras Al Khaimah coastal road, approximately 18 km north of the city centre, and immediately adjacent to Hulaylah Island. The park is about 6 km from Ras Al Khaimah’s Saqr Port, covering an area of 128 hectares. It is developed for heavy industries and warehousing, and also incorporates energy supply. The park’s facilities include on-site employee accommodations, a customs office, an operation supportive services centre, as well as other administrative support and service centres.

  3. Located at the south of Ras Al Khaimah’s city centre, the Technology Park enjoys close proximity to Dubai via Sheikh Mohammed bin Zayed Road (E311) and Ras Al Khaimah International Airport. Covering an area of 100 hectares, it is located opposite Al Hamra Village and Resort. It is situated in a rapidly expanding area devoted to light industries and automated manufacturing, as well as capital-intensive lifestyle projects.

  4. The Academic Zone comprises educational organisations that offer academic programs to the RAK and broader UAE communities. The main cluster of campuses is in Academic Zone 3, which is centrally located in the Al Dhait area. Some educational organisations established under the free zone operate from separate campuses at assigned locations in Ras Al Khaimah.

RAK FTZ allows two legal structures for conducting a business:

  • Free Zone Limited Liability Company (FZ-LLC): a separate legal entity, with shareholders as individuals and/or corporates. The minimum capital requirement for incorporation depends on the business activity.

  • Branch of Foreign or UAE Company: a legally dependent entity that is part of the parent company. It conducts all or some of the operations inherent in the parent’s business. Share capital is not required.

Licensing options:

  • Commercial License: allows your company to import, export, distribute, or warehouse goods. You can select from specific or general trading licences.

  • Consultancy/Service License: allows your company to conduct services or consultancies across any industry.

  • Industrial License: allows your company to import raw materials, as well as to manufacture, process, package, and export finished products.

  • Educational License: allows your company to open any type of learning or training institution as well as education-related consultancy.

Ras Al Khaimah Free Trade Zone Benefits:

  • 100% corporate tax exemption

  • 100% personal income tax exemption

  • 100% foreign company ownership

  • 100% repatriation of capital and profits

  • Multiple business sectors

  • Flexible licensing packages

  • Fast and efficient business set-up and support services

  • A wide range of real estate facilities to suit your individual business needs

  • The Mazeed Services, which provide translation of documents, recruitment of employees, procurement support, creation and printing of corporate materials, and many other services

  • Strategic location

For more information, please visit http://rakftz.com/

Contact us today to setup your business in RAK FTZ!