Ras Al Khaimah Investment Authority (RAKIA)
The Ras Al Khaimah Investment Authority is a controlling and regulating authority which has been designed to support the industrial activities across the emirate. RAKIA is located in the emirate of Ras Al Khaimah, which is one of the seven emirates of United Arab Emirates. The investment facility is having two major industrial parks which offering investment options through free zone as well as non free zone structures. Industrial and business investors can benefit from the smooth set-up of their operations in a dynamic and synergistic environment, allowing them to thrive in the region and beyond.
Because of it is investor friendly atmosphere and strategical movements, the RAKIA could become a business home for more than 7,000 companies now. Some of the big brands in that list are Ashok Leyland, Guardian Industries, Dabur India, Al Marai, etc.. RAK Investment Authority has revolutionized the way business is done in the region. Some of the major features offered by RAK Investment Authority include the following:
- Free Zone and Non Free Zone Facilities
- Political and Economic Stability
- One Stop Shop for Business Formation
- Quick and Efficient Services
- Customized Business Set Up Solutions
- Transparent Laws and Regulations
- No Restrictions on Hiring Expatriates
- Fixed Exchange Rate against US Dollar
Business setup with RAKIA
The Ras Al Khaimah Investment Authority is offering customized business solutions to meet your requirements in a budget able way. With the most competitive set-up costs and lease rates in the entire region, RAK Investment Authority provides affordability in the utilities. The main financial and legal advantages of starting a business with RAKIA are, complete exemption from tax, full repatriation of capital, complete foreign ownership in free zone companies, availability of affordable utilities, enables duty free trade with all GCC countries, most competitive lease rates, low cost of living and high living standards, etc.