Ras Al Khaimah Investment Authority

Setup Business in Ras Al Khaimah Investment Authority
Ras Al Khaimah Investment Authority

Ras Al Khaimah Investment Authority (RAKIA) is a leading business destination committed to providing a pro-business environment, regulatory stability and robust infrastructure in the Emirate of Ras Al Khaimah. Comprised of two dedicated industrial parks, a combined area of 30 million square metres, RAKIA provides hassle-free business set up, state-of-the-art facilities and economical solutions to help clients compete regionally and globally.

RAKIA presents a wide range of solutions and services, adhering to constantly meeting the requirements of its clients. Owing to the strategic advantages and investor-oriented policies, RAKIA is home to over 500 manufacturers and thousands of SMEs.

RAKIA 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:

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

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

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

  • Media License: allows your company to open media company.

Areas of Business:

  • Agriculture, Forestry and Fishing

  • Mining and Quarrying

  • Manufacturing

  • Electricity, Gas Steam and Air Conditioning Supply

  • Water Supply, Sewerage, Waste Management and Remediation Activities

  • Construction

  • Wholesale and Retail Trade, Repair of Motor Vehicles and Motorcycles

  • Transportation and Storage

  • Accommodation and Food Service Activities

  • Information and Communication

  • Financial and Insurance Activities

  • Real Estate Activities

  • Professional, Scientific and Technical Activities

  • Administrative and Support Service Activities

  • Public Administration and Defense, Compulsory Social Security

  • Education

  • Human Health and Social Work Activities

  • Arts, Entertainment and Recreation

  • Other Service Activities

  • Activities of Households as Employers, Undifferentiated Goods and Services Producing Activities of Households for Own Use

  • Activities of extraterritorial organizations and bodies

Ras Al Khaimah Investment Authority 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

  • Low cost of business set-up and operations

  • Easy access to strategic markets in the MENA Region

  • Proximity to express highways, seaports and airports

For more information, please visit http://www.rakia.ae/

Contact us today to setup your business in RAKIA!