Ras Al Khaimah Free Zone Companies List Are you thinking about setting up a enterprise inside the United Arab Emirates (UAE)? If so, you may want to explore the Ras Al Khaimah Free Trade Zone (RAK FTZ). RAK FTZ is one of the quickest-developing loose zones inside the UAE, imparting a range of commercial enterprise possibilities to entrepreneurs and investors from round the sector. One of the key blessings of putting in a commercial enterprise in RAK FTZ is the get entry to to a extensive range of tax and duty exemptions, making it an attractive choice for corporations looking to reduce their running prices.
If you’re inquisitive about putting in a enterprise in RAK FTZ, you may want to consider consulting the Ras Al Khaimah free area companies list. This list provides a comprehensive directory of groups which can be registered in RAK FTZ, together with information on their business activities, contact information, and more. Whether you’re seeking to companion with existing businesses or explore capacity competition, the RAK FTZ organizations list may be a precious aid for your studies.
Overview of Ras Al Khaimah Free Zone
If you are looking to start a enterprise in the UAE, the Ras Al Khaimah Free Zone (RAK FTZ) is an brilliant desire. RAK FTZ is one of the quickest-developing free zones within the UAE and is positioned within the northernmost emirate of Ras Al Khaimah.
With its strategic region, RAK FTZ provides clean get right of entry to to markets in Asia, Europe, and Africa. The loose area is home to over eight,000 organizations from more than 100 nations, making it a simply international business hub.
RAK FTZ offers a wide variety of enterprise sports, inclusive of trading, manufacturing, and offerings. The loose sector is known for its low price of living and doing business, making it an attractive vacation spot for marketers and traders.
In addition to its commercial enterprise-pleasant surroundings, RAK FTZ offers more than a few global-class centers and services to guide your business needs. These consist of modern workplace spaces, warehouses, and land for development. RAK FTZ additionally affords more than a few business assist services, consisting of criminal, accounting, and advertising offerings.
Overall, RAK FTZ gives a compelling proposition for corporations seeking to set up a presence within the UAE. With its strategic location, low price of living, and business-friendly surroundings, RAK FTZ is an exquisite choice for entrepreneurs and buyers alike.
Ras Al Khaimah Free Zone Companies List
Ras Al Khaimah Free Zone (RAK FTZ) is a hub for groups looking to set up their presence inside the UAE. The unfastened sector gives a wide variety of advantages, consisting of 100% foreign possession, zero% company and private tax, and no foreign money regulations. Here are some of the top organizations which have installation their operations in RAK FTZ:
1. RAK Ceramics
RAK Ceramics is the sector’s biggest producer of ceramic tiles. The enterprise has a manufacturing potential of 123 million square metres of tiles consistent with 12 months and exports to over 160 countries. RAK Ceramics has been running in RAK FTZ considering that 2001 and has a modern manufacturing facility that spans over 2.2 million rectangular metres.
2. Julphar Pharmaceuticals
Julphar Pharmaceuticals is one of the biggest pharmaceutical producers in the Middle East. The organization produces a huge range of products, inclusive of usual and branded medicines, and exports to over 50 nations. Julphar Pharmaceuticals has been working in RAK FTZ because 2001 and has a manufacturing facility that spans over 40,000 rectangular metres.
three. RAK Bank
RAK Bank is one of the oldest and most nicely-mounted banks in the UAE. The financial institution gives a extensive variety of services and products, which includes non-public and enterprise banking, wealth management, and coverage. RAK Bank has been running in RAK FTZ considering that 2014 and has a department that offers banking offerings to the groups inside the free sector.
four. RAK Petroleum
RAK Petroleum is an oil and fuel exploration and manufacturing agency. The business enterprise has operations in the Middle East, Africa, and the Mediterranean and has a production capability of over 30,000 barrels of oil equivalent in step with day. RAK Petroleum has been operating in RAK FTZ considering the fact that 2011 and has its headquarters in the free region.
5. Al Hamra Group
Al Hamra Group is a main actual estate developer in the UAE. The agency has evolved a number of excessive-profile projects, together with the iconic Al Hamra Tower in Kuwait and the Al Hamra Village in RAK. Al Hamra Group has been running in RAK FTZ considering that 2005 and has a group of over 500 personnel working inside the unfastened region.
Here is a table listing 50 companies located in Ras Al Khaimah Free Zone:
| S.No | Company |
|---|---|
| 1 | RAK Ceramics |
| 2 | RAK Petroleum |
| 3 | RAK Ports |
| 4 | RAK Properties |
| 5 | RAK Pharma |
| 6 | RAK Bank |
| 7 | RAK Hospital |
| 8 | RAK Insurance |
| 9 | RAK Logistics |
| 10 | RAK Glass |
| S.No | Company |
|---|---|
| 11 | RAK Cables |
| 12 | RAK Plastics |
| 13 | RAK Food Industries |
| 14 | RAK Metals |
| 15 | RAK Oilfield Supplies |
| 16 | RAK Fertilizers |
| 17 | RAK Marble & Granite |
| 18 | RAK Minerals |
| 19 | RAK Industrial Area |
| 20 | RAK Medical Supplies |
| S.No | Company |
|---|---|
| 21 | RAK Telecom |
| 22 | RAK Aluminium |
| 23 | RAK Engineering |
| 24 | RAK Power |
| 25 | RAK Trade |
| 26 | RAK Textiles |
| 27 | RAK Foods |
| 28 | RAK Chemicals |
| 29 | RAK Cement |
| 30 | RAK Industrial Estate |
| S.No | Company |
|---|---|
| 31 | RAK Tourism |
| 32 | RAK Metals Forming |
| 33 | RAK Glass Industries |
| 34 | RAK Trade Tower |
| 35 | RAK Polymer |
| 36 | RAK Exports |
| 37 | RAK Industrial Park |
| 38 | RAK Paper |
| 39 | RAK Plastic Products |
| 40 | RAK Ceramic Tiles |
| S.No | Company |
|---|---|
| 41 | RAK Paints |
| 42 | RAK Security Services |
| 43 | RAK Wires & Cables |
| 44 | RAK Transport |
| 45 | RAK Food Processing |
| 46 | RAK Oilfield Supplies |
| 47 | RAK Marble Granite Tiles |
| 48 | RAK Mineral Water |
| 49 | RAK Hospitality |
These are just a few examples of the top companies that have established their presence in RAK FTZ. With its strategic location, world-class infrastructure, and business-friendly environment, RAK FTZ is an ideal destination for businesses looking to expand their operations in the UAE and beyond.
Key Benefits for ras al khaimah free trade zone companies
If you are thinking about putting in place a commercial enterprise in Ras Al Khaimah Free Zone, there are several advantages that you may experience. Here are a number of the key advantages:
1. One hundred% Foreign Ownership
One of the most massive blessings of Ras Al Khaimah Free Zone is that it lets in one hundred% overseas possession. This way that you can have whole control over your enterprise with out the need for a neighborhood sponsor or associate. It offers a problem-loose and easy process for overseas investors to set up their business in the UAE.
2. Tax Exemptions
Ras Al Khaimah Free Zone offers tax exemptions to organizations. Businesses operating inside the unfastened zone are exempt from company and personal earnings taxes, import and export responsibilities, and value-introduced tax (VAT). This allow you to keep a large amount of money and increase your profitability.
3. Strategic Location
Ras Al Khaimah Free Zone is strategically located among Europe, Asia, and Africa, making it an excellent location for businesses to get right of entry to markets in those areas. It is also well-connected with main ports, airports, and highways, offering clean get right of entry to to the relaxation of the UAE and the GCC international locations.
four. World-Class Infrastructure
The free zone presents global-magnificence infrastructure and centers to agencies. It offers modern-day office spaces, warehouses, and commercial gadgets ready with the modern generation and services. The unfastened zone also has a reliable and green delivery gadget, which includes a devoted seaport and airport.
five. Business Support Services
Ras Al Khaimah Free Zone affords complete enterprise support services to businesses. It gives help with organization registration, licensing, visas, and different administrative approaches. It additionally affords get admission to to networking occasions, schooling packages, and different assets to assist corporations grow and be triumphant.
Overall, Ras Al Khaimah Free Zone offers a variety of blessings to businesses seeking to set up their business within the UAE. With its strategic place, tax exemptions, and global-elegance infrastructure, it affords a super surroundings for corporations to thrive and grow.
Types of Companies in Ras Al Khaimah Free Zone
Ras Al Khaimah Free Zone (RAK FTZ) is home to over eight,000 groups from more than one hundred nations, making it one of the quickest-growing unfastened zones within the UAE. The unfastened zone gives a number enterprise kinds to match the wishes of diverse groups. Here are a number of the kinds of organizations you may installation in RAK FTZ:
1. Free Zone Establishment (FZE)
An FZE is a single shareholder enterprise that may be included by an character or a company entity. The minimum capital requirement for an FZE is AED a hundred,000. FZEs are best for small and medium-sized businesses (SMEs) and entrepreneurs who need to installation a enterprise inside the UAE.
2. Free Zone Company (FZC)
An FZC is a restrained liability company that can have among 2 and 5 shareholders. The minimum capital requirement for an FZC is AED one hundred fifty,000. FZCs are appropriate for businesses that require a company structure with multiple shareholder.
3. Branch of a Foreign Company
A branch of a foreign enterprise can be installation in RAK FTZ without the need for a local sponsor. The department should have a registered workplace in the free quarter and appoint a manager who’s responsible for the branch’s operations. This form of organisation is right for agencies that need to increase their operations within the UAE.
4. International Business Company (IBC)
An IBC is a tax-unfastened company that may be integrated by using people or company entities. The agency need to have a registered workplace within the unfastened zone and employ a registered agent who is liable for the corporation’s operations. IBCs are appropriate for companies that want to conduct global trade and investment sports.
In end, RAK FTZ offers a range of company sorts to healthy the wishes of numerous corporations. Whether you are an SME, entrepreneur, or multinational organization, RAK FTZ has a corporation type that could meet your necessities.
Registration Process
To sign up a organization inside the Ras Al Khaimah Free Zone, you want to observe a easy and simple system. First, you want to publish an utility form at the side of the required documents. The utility shape may be acquired from the free quarter internet site or from the registration office.
The required documents consist of a copy of the company’s memorandum and articles of affiliation, a replica of the passport of the employer’s shareholders and administrators, and a financial institution reference letter. You also need to provide a marketing strategy outlining your organisation’s sports and economic projections.
Once the software and files are submitted, the loose sector authority will overview them and difficulty an initial approval. You will then need to pay the registration costs and signal the hire agreement for your workplace space. The free region authority will then difficulty the final license and you can begin your enterprise operations.
It is critical to be aware that the registration technique can soak up to 2 weeks, depending on the completeness of the application and the unfastened zone authority’s workload. However, the free sector authority presents assistance at some point of the method to make sure a clean and green registration procedure.
In summary, registering a business enterprise in the Ras Al Khaimah Free Zone is a easy and green procedure that can be completed within some weeks. By following the recommendations and supplying the specified files, you may begin your business operations in one of the quickest-growing unfastened zones inside the UAE.
Legal Framework and Regulations
When it comes to setting up a employer in Ras Al Khaimah Free Zone (RAK), it’s miles critical to recognize the felony framework and rules that govern the system. RAK Free Zone operates below the jurisdiction of the Ras Al Khaimah authorities, which has mounted a cutting-edge legal framework to facilitate the formation and operation of businesses in the loose region.
RAK Free Zone is ruled with the aid of the RAK Free Trade Zone Authority, that’s accountable for regulating and overseeing the activities of groups operating inside the loose quarter. The Authority has mounted a set of guidelines and pointers that every one corporations ought to follow, with the intention to maintain their license and perform legally in the free sector.
One of the important thing advantages of putting in place a enterprise in RAK Free Zone is the convenience and simplicity of the registration manner. The Authority has streamlined the manner, allowing groups to sign up and reap their license inside a remember of days. Furthermore, the unfastened area gives quite a number enterprise structures, which includes limited liability organizations, department offices, and free zone institutions, presenting companies with the power to pick out the structure that satisfactory fits their needs.
In phrases of guidelines, RAK Free Zone has established some of hints that businesses must observe, which include compliance with worldwide standards for anti-cash laundering and counter-terrorism financing. Additionally, corporations working inside the unfastened area are required to hold proper accounting statistics and submit everyday monetary statements to the Authority.
Overall, the felony framework and regulations in RAK Free Zone are designed to provide a strong and secure environment for agencies to function in. By complying with the guidelines and guidelines set out by using the Authority, organizations can make certain that they continue to be in desirable standing and hold their license to function in the free zone.
Industry Sectors in Ras al Khaimah Free Trade Zone
If you’re thinking about putting in a agency in Ras Al Khaimah Free Zone, it’s far essential to be privy to the various enterprise sectors which might be available. The free zone offers a various range of industries, making it an attractive vicinity for groups of a wide variety.
Some of the important thing enterprise sectors in Ras Al Khaimah Free Zone include:
Manufacturing
Ras Al Khaimah Free Zone has a sturdy awareness on manufacturing, with a range of industries including pharmaceuticals, plastics, and creation substances. The unfastened region gives a number centers to aid manufacturing corporations, which includes warehouses, factories, and logistics offerings.
Trading
The unfastened quarter is also a hub for trading, with more than a few industries which include electronics, textiles, and food and beverage. The free region gives a variety of trading licenses to support groups on this quarter, together with trendy trading, precise buying and selling, and e-commerce licenses.
Services
Ras Al Khaimah Free Zone is likewise domestic to a number of service industries, consisting of consulting, legal, and economic services. The free quarter offers a range of centers to help service corporations, together with workplace space, meeting rooms, and enterprise aid services.
Overall, Ras Al Khaimah Free Zone offers a diverse range of industry sectors, making it an appealing vicinity for agencies of all kinds. Whether you’re a manufacturer, trader, or provider issuer, the unfastened sector offers a range of centers and support offerings to assist your commercial enterprise thrive.
Future Prospects
As Ras Al Khaimah Free Zone continues to draw greater organizations, the destiny potentialities for companies operating within the area are promising. The unfastened zone’s strategic vicinity, advanced infrastructure, and investor-friendly policies make it a great vacation spot for organizations trying to set up their presence in the UAE.
One of the important thing advantages of running in Ras Al Khaimah Free Zone is the get right of entry to it offers to the broader UAE marketplace and the Middle East place. The unfastened sector is strategically located in close proximity to fundamental ports, airports, and highways, permitting businesses to easily connect with customers and suppliers across the location.
In addition, the free zone’s advanced infrastructure, which includes present day telecommunications and transportation networks, provides groups with the necessary gear to operate efficaciously and correctly. This, coupled with the investor-friendly regulations and low operating prices, make Ras Al Khaimah Free Zone an attractive destination for corporations of all sizes.
Looking in advance, the loose region is anticipated to keep growing and entice greater corporations from around the sector. With a focus on innovation and generation, Ras Al Khaimah Free Zone is nicely-positioned to end up a hub for present day industries inclusive of renewable electricity, logistics, and advanced manufacturing.
In end, organizations working inside Ras Al Khaimah Free Zone can look ahead to a vivid future, with get entry to to a growing market, superior infrastructure, and a supportive business surroundings. As the free zone continues to increase and evolve, it’s far in all likelihood to end up an even greater attractive destination for corporations looking to establish their presence within the UAE and the broader area.
Frequently Asked Questions
What is the fee of obtaining a license within the Ras Al Khaimah Free Zone?
The cost of obtaining a license inside the Ras Al Khaimah Free Zone varies relying on the sort of license and the enterprise hobby. However, RAKEZ offers competitive pricing for its licenses and offerings.
How many unfastened zones are located inside the Ras Al Khaimah place?
There are loose zones located within the Ras Al Khaimah region: Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAKEZ. RAKEZ was shaped after the merger of RAK FTZ and RAK Investment Authority (RAKIA) in 2017.
What styles of organizations are allowed to function within the Ras Al Khaimah Free Zone?
RAKEZ allows various styles of companies to operate in its unfastened sector, consisting of buying and selling, carrier, and industrial agencies. RAKEZ additionally offers specialised zones for precise industries along with healthcare, media, and education.
Are there any multinational corporations working in Ras Al Khaimah?
Yes, there are numerous multinational agencies running in Ras Al Khaimah, together with Pfizer, RAK Ceramics, and Julphar Pharmaceuticals.
How many corporations are presently registered with RAKEZ?
As of 2021, RAKEZ has over 15,000 organizations registered with them, from over 100 nations around the arena.
Who is the current CEO of the RAKEZ group?
The modern-day CEO of RAKEZ is Ramy Jallad, who has been main the corporation given that 2017. Jallad has over 20 years of revel in inside the free area enterprise and has been instrumental inside the boom and improvement of RAKEZ.
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