Cheapest RAK Business In UAE

Ras Al Khaimah ranks among the smaller emirates of the UAE federation but it has always had an important position: In the past it was a centre of traditional shipbuilding and maritime commerce, more recently as a centre of quarrying, manufacturing and tourism. Since 2003, the government of the emirate has been pursuing the policy of diversification of the economy, industrialization and promotion of tourism, investment into education and public health and by investment into public utilities.

Its gas reserves are more important but revenues from gas are also of a lesser importance than in other emirates and the emirate has had to look beyond its borders to fulfill its demand for gas. As the emirate will never be a major oil producer, RAK has instead had to concentrate on developing its industrial sector. Cement and ceramics remain the dominant industries in RAK and officials aim to make these sections regional and global leaders in terms of production.

The Emirate is rich with the raw materials such as limestone, clay, quartz and other minerals. RAK business is unique in the Gulf region as it has a high concentration of leading industrial units which process these natural resources and manufacture various types of cement, clinker, ceramics and other building materials.

It opened the United Arab Emirates first cement company in the early 1970s and is now the United Arab Emirates largest producer of cement. Rak business also boasts the largest rock quarry in the Gulf region.

The emirate formed RAK Ceramics in 1980s, which has become the largest ceramics producer, and Julphar, the Gulf regions first pharmaceuticals company. Since the 1980, other advanced manufacturing companies have set up operations in RAK business, including companies producing glass, CD and DVD discs, air-conditioning equipment, machinery parts, metal products and others.

More traditional industries, such as fishing and agriculture, continue to play an important role in Ras al Khaimah economy. In 1955, the first agricultural research centre in the UAE was established there, and since then, innovative methods of arid zone cultivation have made the emirate one of the leading agricultural producers in the UAE.

Ras AL Khaimah is well known for its dairy and poultry products, eggs, fodder and animal meat. In addition to this, the fertile plains in the south-east produce fruits and vegetables for the local UAE market.

Tourism is becoming one of the major industries in the emirate with several large tourism projects at various stages of completion. Natural topographical features of Ras Al Khaimah include about 65 kilometres of sandy beaches, mountains which reach almost up to 2,000 metres, gravel plains and sand dunes.

Ras al khaimah founded ras al khaimah free trade zone Authority in 2000 under the patronage of H.H sheikh faisal Bin Saqr Al Qassimi,Chairman and Oussama El omari,chief Executive Officer. The free zone provides cutting edge technology and keen customer focus and it offers on demand & custom built support services to investors a range of unique services which include the legal, human resources and marketing assistance.

Rak FTZ has created a system of four parks-Businesses Park, Industrial park, Technology Park and Al Ghayl Industrial park-that offer identical advantages and benefits to investors. The three park concept includes the Business Park, industrial park and technology park, offering offices, equipped warehouses and land facilities situated in different locations across the emirate of Ras al khaimah, each park caters to the specific business interests and activities of the Rak FTZ investors.

Ras Al Khaimah Free Trade Zone offers numerous incentives to its companies: * 100% foreign ownership 100% income and corporate tax exemption * 100% Capital & Profit repatriation * Long term renewable lease * Strategic location with access to over 1.2 billion consumers

* Transparent laws and regulations

* Promotion centers in Dubai and Abu Dhabi * Simple and fast application procedures * State of the art communication facilities * Excellent Sea port and International Air port facilities * Easy international Access

* Abundant energy supply

As the youngest of all of the Free Zones in the UAE, Ras Al Khaimah Free Trade Zone has built its international reputation and infrastructure only after careful research, planning and development, resulting in the introduction of a unique, ambitious 3 Park concept that did not exist previously in the UAE or even within the region, and the provision of premier business facilities for RAK Free Trade Zone investors within other Emirates.