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| Ras Al Khaima FZE |
The Ras Al Khaimah International Airport was
opened in 1976 and is 18km (11 miles) south
of the city center. Its position is at latitude
25° 36N and longitude 55° 56E, near
the village of Digdaga. Since incorporation
less than 4 years ago, Ras Al Khaimah Free Trade
Zone Authority has licensed more than 410 companies
from 33 different countries, and this figure
is rapidly increasing.
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
RAKiftz investors within other Emirates.
As more and more Free Zones appear in the UAE
and throughout the region, Ras Al Khaimah Free
Trade Zone will continue with its policy of
sourcing and attracting environmentally friendly,
quality investors in the Service, Manufacturing
and Industrial v sectors, with high emphasis
placed on attracting investors from the Technology
industry. RAKiftz investors can expect an easy
and rapid licensing procedure every step of
the way, and every investor is sure of an ongoing,
unrivalled marketing support service.
All the three Parks are undergoing major expansion
on a regular basis. The next few years will
see targeted expansion and development within
RAKiftz, catering for individual investor needs
within each of the 3 Parks, and in the further
development of superior business facilities
in other Emirates, to ensure that our investors
are presented with a total marketing solution
and everything they will ever need to succeed
in business with Ras Al Khaimah Free Trade Zone.
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Facilities
offered |
Warehouse
/ Light Industrial Units
200 m2
|
Executive
offices
(Minimum 18 m2)
|
Plot of land
5,000 m2) |
| Rental per annum |
US$ 10,908
(AED 40,000)
|
US$ 5,890
(AED 21,600)
|
US$ 16,362
(AED 60,000)
|
| Lease Period |
One year, annually renewable |
One year, annually renewable |
5-15 years; renewable for similar period |
| Possible legal entities |
Branch of foreign company
(Including offshore company)
|
Branch of a UAE company |
Free zone establishment
FZE
|
Free zone company
FZC
|
| Capital-cash physical |
None |
None |
* US$ 27,270
AED 100,000
|
*US$ 27,270
AED 100,000
|
| No of shareholders |
|
One |
|
Min 2, Max 5 |
| Formation fee |
None |
None |
US$ 1,909
AED 7,000
|
US$ 1,909
AED 7,000
|
| Types of licenses issued |
Commercial
(Maximum 7 similar line of products)
|
Commercial – General trading |
Consulting Service |
Real Estate license |
Industrial |
| License fee |
US$ 818
AED 3,000
|
US$ 4,091
AED 15,000
|
US$ 2,045
AED 7,500
|
US$ 4,091
AED 15,000
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US$ 1,364
AED 5,000
|
| Business Segments |
Import, Export, manufacturing,
processing, assembling, packaging, distribution,
consolidation, storage, different kind of
services unless otherwise restricted by
federal or local authorities. |
| Port facilities |
Ras Al Khaimah port (Mina
Saqr), Ras Al Khaima Airport\\shahbaz\HORWATH 12\fujarah.htm
|
| Ownership |
100% |
| Visas |
Visas are issued on the basis
of the size of the office space leased.
However, no restriction for industrial /
aseembly units operating in pre-built warehouse
and lease land |
| Company formation period |
Licensing within 48 hours
upon approval for Trading, Assembling and
warehousing licensing for manufacturing
upon the approval of agreement for premises.
* Minimum capital requirement for General
Trading and Real Estate license is US$ 136,352
(AED 500,000)
Other facilities available are: shared office,
Flexi office, Flexi desk warehouses in different
sizes are also available.
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| © Copyrights
2008-2009, Horwath Mak Business Consulting |
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