GENERAL INFORMATIONS

 Incorporation time: 8 days

 Shelf companies: Yes

 Accounting: Yes

 Secretary: Yes

 Nominee Shareholder: Yes

 Nominee director: Yes

 1 USD = 0.73 €

RAS AL KHAIMAH (RAK) COMPANY

RAS AL KHAIMAH (RAK)COMPANY

Ras Al Khaimah (RAK)Summary

Ras Al Khaimah (RAK) is the fourth largestEmirate in the United Arab Emirates with250,000 inhabitants. Located in thenortheastern part of the Emirates Ras AlKhaimah is ideally located as it borders all ofthe other Emirates, except Abu Dhabi. LikeDubai, RAK hopes to diversify its economy withnew industrial and service sector activities inorder to prepare for the energy transition.Encouraged by the Government, this processof economic diversification provides theEmirate with strong, stable growth.

Growth stability makes it possible to attractmore Foreign Direct Investment and to promotetourism by increasing the region’s reputation.

The RAK Free Trade Zone

With its ultra modern infrastructure this uniquearea is divided into three investment parksorganised by activity. There are currently morethan 5,000 companies registered hererepresenting 106 different nationalities. This isone of the most dynamic free trade zones inthe world and it allows 100% ownership of thecompany for the investor.

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RAS AL KHAIMAH (RAK) COMPANY

The Business Park offers modern officeswithin a developed business district. TheIndustrial park is located on the coast andwas the birthplace of various majorbusinesses. The Technology park covers anarea of 250 acres in the southern part of theEmirate and services light industries.Administrative procedures are even moresimplified within the FTZ than in the rest ofthe UAE.

Ras Al Khaimah (RAK) Tax System

As in the rest of the UAE, RAK tax rates arevery low and enable significant tax savings.Companies are not subject to tax andemployers are not required to pay any socialsecurity of tax contributions.

Personal tax only applies to certain activities andremains very limited. There is no income tax, andRAK tax policy follows that of the UAE.

For more information contact us:info@fidusuisse-offshore.comOr visit our website:www.fidusuisse-offshore.com/en/

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