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Where is RAK ?  

Ras Al Khaimah

Ras Al Khaimah, located at the UAE's west coast, is the country's northern most emirate and arguably the most scenic. The Emirate boasts of a varied landscape ranging from fertile plains, mountains and desert regions. The 64 Kms length of virtually untouched coastline of the Arabian Gulf is a tourists delight.

The Emirate also has an International Airport which is located about 18 Kms from the city center. Well connected to the other emirates by modern highways, RAK has an efficient infrastructure which supports the growth of trade and business and is currently poised to become one of the most dynamic economies amongst the emirates in the UAE.

 

WHY RAK?

The first and the foremost question in the minds of ‘new investors’ and ‘business entrepreneurs’ is:   WHY TO OPT FOR RAS AL KHAIMAH?

Ras Al Khaimah has earned its reputation as a pre-eminent commercial centre with an innovative, dynamic and entrepreneurial business culture. Strategically located at the crossroads of trade and commerce between East and West, it is ideally positioned to service and access markets that span the Middle East, Africa, the Indian Subcontinent and the CIS countries. Moreover, it occupies a time zone that allows it to connect markets like the Far East and the US. To leverage this advantage, it is developing a world-class infrastructure, air and port facilities, making it the most well-connected hub in the region.

Politically stable, Ras Al Khaimah has a forward-looking, responsive government with a progressive, pro-business attitude and a strong commitment to the private sector. Business-friendly regulations and a favorable tax and customs framework have played a key role in attracting business investment from all over the world in almost every sphere of economic activity. Strong economic indicators and a relatively low cost work environment have contributed to its rapid development and prosperity. A modern, safe, multi-cultural place with state-of-the-art medical, education, entertainment, shopping and sports facilities that ensure a high quality of life, Ras Al Khaimah is the location of choice for the modern professional and an ideal location for multinationals to establish a regional presence.

RAK economy is based on leveraging on natural topography, consisting of 65 km of coastal silver sandy beaches, Majestic mountains on the eastern side for hill resorts, Un-spoilt desert plain in the central region for commercial & industrial projects and green belt in the southern side for agriculture developments. RAK is indeed blessed with abundance of natural beauty on one hand and unique location on the other which has allowed us to strategize our economic development on two pillars, namely, Tourism & Industry.
  
The Best Regulatory Environment

• No Corporate Tax

• No Income Tax

• 100% ownership in Free Zones

• No foreign exchange controls, trade barriers or quotas

• No restrictions on capital repatriation

• Easy access to key decision makers

• Liberal labour laws.

Relatively Low Cost Work Environment

• Access to low cost regional talents

• Competitive energy costs

• Low land and real estate costs

• Competitive import duties (4% with many exemptions)

• Approx.30-35% advantage to investor’s bottom line

The Best Connected Location in the Region

• Proximity to
Dubai (80 km) and Sharjah (55 km).

• Modern International airport connecting important destinations

• Sea ports capable of handling bulk and container cargo. Availability of land,
sea, air cargo infrastructure

• State of the art telecommunications

Easy Access to Regional Markets

• Total region population of 1.8 billion

• Close and easy access regional markets like Oman, Iran, Saudi Arabia ,
Qatar and other GCC countries

Thriving Tourist Destination

• Development of tourism projects and resorts, theme parks, desert and hill station resorts with total Investments US $ 10 billion in next 5 years

• Development of five star and seven star hotels with total Investments US $ 10 billion in next 5 years

• Development of hospital, health clinics, schools, colleges and universities with total Investments US $ 2 billion in the next 5 years.

• Development of real estate, apartments, commercial complexes, marinas and golf course

• World class restaurants, beaches and tourist attractions

• Sports facilities including golf, dune driving and sand skiing.

• World class shopping malls

Cosmopolitan Work Environment

• Strong work ethics

• World-class international schools and colleges

• Excellent facilities for leisure, sports, shopping and healthcare

• Progressive, tolerant and multicultural society

An Island of Calm & Safety

• Stable economy with relatively low volatility

• Continuous political stability since its inception

• Zero crime rate



 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORE ABOUT RAK

Ras Al Khaimah, located at the north end of the coast of the Arabian Gulf, is one of the seven Emirates that for the United Arab Emirates.

Ras Al Khaimah is nestled between the
HajjarMountains on the East and the Arabian Gulf on the West and shares mountainous borders with the Sultanate of Oman.

H.H. Sheikh Saqr bin Mohammed Al Qasimi has been the Ruler of Ras Al Khaimah since 1948. His son, H.H. Sheikh Saud bin Saqr Al Qasimi was appointed Crown Prince and Deputy Ruler in June 2003.

Ras Al Khaimah has earned its reputation as a pre-eminent commercial centre with an innovative, dynamic and entrepreneurial business culture. Strategically located at the crossroads of trade and commerce between East and West, it is ideally positioned to service and access markets that span the
Middle East, Africa, the Indian Subcontinent and the CIS countries. Moreover, it occupies a time zone that allows it to connect markets like the Far East and the US. To leverage this advantage, it is developing a worldclass infrastructure, air and port facilities, making it the most well-connected hub in the region.


RAK economy is based on leveraging on natural topography, consisting of 65 km of coastal silver sandy beaches, Majestic mountains on the eastern side for hill resorts, unspoilt desert plain in the central region for commercial & industrial projects and green belt in the southern side for agriculture developments. RAK is indeed blessed with abundance of natural beauty on one hand and unique location on the other which has allowed to strategize the economic development on two pillars, namely, Tourism & Industry.
 
The city of Ras Al Khaimah, the capital of the Emirate, is divided into two parts by a creek. The western part, known as "old Ras Al Khaimah", comprises government departments, educational institutions, shopping malls, hotels as well as residential areas and new construction projects. The eastern part, known as Al Nakheel, houses the Emiri Court, some government departments, markets, Ras Al Khaimah Exhibition Center, hospitals and residential areas housing the majority of the city's population. The two parts of the city are linked by a bridge and a network of modern roads.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
 
 
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