Ras-al-Khaimah Free Zones
Though there are many free zones you could choose from in the UAE, RAK free zone stands out due to its strategic location that gives business owners easy access to the Far East nations like China, Pakistan, and India. The emirate’s state-of-the-art facilities, hassle-free setup procedures, and a prominent offshoring destination in the northern region of the UAE make RAK Free Zone a top choice for foreign owners.
Main Benefits of Ras-al-Khaimah Free Zone
- No income taxes
- Companies can enjoy a 0% corporate tax rate on qualifying income, and the one not qualified is taxed at a standard corporate tax rate of 9%
- Hassle-free and business-friendly legal framework
- 100% foreign ownership
- Complete exemption from import/export duties
- Easy business setup process
- Access to sea ports and RAK, Sharjah, and Dubai airports
- No trade barriers
Types of Business Sectors in Ras-al-Khaimah Free Zones
- Industrial Sector
- Trade Sector
- Construction Sector
- Banking and Investment Sector
- Tourism Sector
- Agri/cultivation Sector
- Service Sector
Types of Licenses Available in Ras-al-Khaimah Free Zone
- Commercial
- General Trading License
- Industrial License
- Consultancy/Service License
