You can invest in various industries in Ras Al Khaimah, United Arab Emirates. It is important to note that the RAK Economic Zone (RAKEZ) is governed by the RAK Investment Authority and Free Trade Zone. This will allow you to take advantage of favorable tax and business regulations. Investing in the Ras Al Khaimah Economic Zone can help you pay fewer taxes and save on expenses. It can also be convenient. Click this to know the RAKEZ business set up cost.
Paying less tax:
Setting up a company in RAKEZ is a good option if you want to pay less tax. Moreover, RAKEZ offers numerous advantages to its business residents, including tax exemption, simplified administration, and multiple business set-up options. The city also offers warehouses which are tailored to the needs of various business activities. These warehouses can be used for manufacturing, assembly, and transport activities.
Several benefits of setting up your company in RAKEZ include a self-service client portal, connectivity to major logistics hubs, and an international spread of regional offices. In addition, RAKEZ has specialized zones for specific business sectors. For example, there is an industrial zone aimed at large-scale manufacturing projects, and the academic zone is for companies that need to expand their reach to the international market.
Cost effectiveness:
Whether you’re looking for an international location or a fast-growing market, the Ras Al Khaimah Economic Zone (RAKEZ) offers several benefits. Its booming business community is home to over 50 sectors and offers custom solutions for your business.
The city boasts great transportation links and airport facilities. The RAK International Airport is the largest in the region, and the Saqr Port is the largest seaport. In terms of startup costs, RAKEZ provides several different financing options. The RAK municipality offers business loans and grants to new companies.
Convenient location:
RAKEZ offers many benefits to companies looking to set up their operations in UAE. In addition to a convenient location, it provides free services, customizable facilities, and efficient connectivity to major logistical hubs. Furthermore, the Free Zone is an ideal location for companies involved in the manufacturing and service industries.
In RAKEZ, you can choose from shared workstations, which are ideal for startups, SMEs, or entrepreneurs. These offices include advanced IT infrastructure and value-added services. In addition, RAKEZ offers a dedicated academic zone, which is excellent for finding and training highly educated labor.
