Ras Al Khaimah Investment Authority (RAKIA)
Ras Al Khaimah, United Arab Emirates
Official Name:
Ras Al Khaimah Investment Authority (RAKIA)
Website:
http://www.rakia.ae
City:
Ras Al Khaimah
Country:
United Arab Emirates
Share Capital:
150,000 AED / 40,816 USD
Office Requirements:
Flexi
PO Box:
Unconfirmed
Services (includes consultancy, etc.):
Yes
Trading (includes trading activity):
Yes
General Trading:
Yes
Audited Financial Reports:
No
Industry Focus:
Consultancy, services, trading, general trading, commercial, industrial and media.
Cost of Setup:
Starting Cost of Renewals:
Visa Types
Type:
Residency
Time Duration:
3 years
Visa Time Duration Before Renewal Required:
Minimum Number of Visas Possible:
Maximum Number of Visas Possible:
Maximum Number of Shareholders:
50
Freelancer Option:
No
Office Presence is Mandatory:
No
Documents Required to Setup a Company :
SUMMARY :
RAK Investment Authority (RAKIA) provides businesses with a professional business environment, regulatory stability and a robust infrastructure to help them expand and grow. Based in the emirate of Ras Al Khaimah, the free zone comprises two dedicated industrial parks covering over 30-million square metres.
As the UAE’s first point of entry in the Arabian Gulf, Ras Al Khaimah is well-located and connected to destinations in the Gulf Corporate Council (GCC) countries and Middle East and North Africa (MENA) region. RAK’s strategic location provides access to emerging and well-established markets in the region – 31% of the world’s population is within a 4-hour flying radius.
The free zone issues consultancy / services, trading / general trading, commercial, industrial and media licences to Free Zone Establishments (FZE), Free Zone LLCs (FZ-LLC) and branches of local and international businesses. RAKIA is home to over 500 manufacturers and thousands of SMEs.
Ras Al Khaimah, one of the seven emirates of the United Arab Emirates, has become one of the most sought-after locations for living, leisure and businesses to prosper. The emerging emirate has affordable properties, world-class hospitality projects and easy access to other emirates.