Ras Al Khaimah (RAK) is emerging as a strategic business hub in the UAE, offering a range of free zones and industrial parks tailored to various sectors. Here’s an overview of key business locations in Ras Al Khaimah:
๐ข Ras Al Khaimah Economic Zone (RAKEZ)
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Overview: RAKEZ is one of the largest and fastest-growing free zones in the UAE, accommodating over 14,000 companies from more than 100 countries.โ
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Key Features:
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Offers a variety of business licenses, including industrial, commercial, and service licenses.
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Provides modern infrastructure, cost-effective solutions, and attractive incentives to support various industries.
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Supports a wide range of business activities, including manufacturing, trading, consulting, and service sectors. โ
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๐ญ Ras Al Khaimah Free Trade Zone (RAK FTZ)
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Overview: Established in 2000, RAK FTZ offers a tax-free environment, 100% foreign ownership, and fast-track visas.โ
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Key Features:
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Comprises four free zone parks: Business Park, Industrial Park, Technology Park, and Academic Zone.
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Provides facilities such as on-site employee accommodations, customs office, and administrative support centers.
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Attracts over 12,000 companies from more than 50 industry sectors. โ
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โ๏ธ Khor Khwair Industrial Zone
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Overview: Located approximately 25 km north of Ras Al Khaimah city, Khor Khwair is an industrial zone adjacent to Saqr Port.โKey Features:
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Hosts facilities for marble and concrete manufacturing, LPG processing, and other industrial enterprises.
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Benefits from proximity to Saqr Port, facilitating easy access for exports and imports. โ
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๐งช Ras Al Khaimah Technology Park
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Overview: Situated south of Ras Al Khaimah’s city center, this park is in close proximity to Dubai via Sheikh Mohammed bin Zayed Road (E311) and Ras Al Khaimah International Airport.
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Key Features:
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Spans 100 hectares and is located opposite Al Hamra Village and Resort.
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Focuses on light manufacturing and trading activities. โ
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๐ Ras Al Khaimah Academic Zone
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Overview: This zone comprises educational organizations offering academic programs to the Ras Al Khaimah and broader UAE communities.โ
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Key Features:
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The main cluster of campuses is in Academic Zone 3, located in the Al Dhait area.
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Some educational organizations operate from separate campuses at assigned locations in Ras Al Khaimah. โ
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๐ Strategic Location & Connectivity
Ras Al Khaimah’s strategic location enhances its appeal for businesses:โ
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Proximity to Dubai: Approximately 45 minutes’ drive from Dubai, offering easy access to major international markets.
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Infrastructure: Well-developed infrastructure, including modern roads and proximity to Ras Al Khaimah International Airport, facilitates efficient logistics and transportation.โ
โ Benefits of Setting Up in Ras Al Khaimah
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Tax Incentives: 0% corporate tax on businesses and employees, along with exemptions from personal income tax.โ
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Ownership: 100% foreign ownership allowed in free zones
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Cost-Effectiveness: Competitive setup costs compared to other emirates.โ
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Support Services: Comprehensive support services, including fast-track visa processing and administrative assistance.