Saturday, February 4, 2012

Why Invest in RAK

  • No corporate/income/export tax
  • Strategically located in the Arabian Gulf between the east and the west
  • Maximum tourism potential as compared to Dubai and Abu Dhabi
  • Year-round sunshine and favourable weather
  • Magnificent tourist attractions and endless sandy beaches
  • Evergreen expanses of land and majestic mountains
  • No foreign exchange controls, trade barriers or quotas
  • No restrictions on capital repatriation
  • Easy access to key decision makers
  • Liberal labour laws

The graph shows the revPAR (revenue per available room) growth from 2002 to 2007. Abu Dhabi is marked in red, Dubai in blue and Ras Al Khaimah in yellow. Click the image below to enlarge.


Location Advantages

  • Well connected to major international destinations
  • Competitive freight cost to Europe, Asia, Africa and America
  • Ras Al Khaimah has its own international airport
  • Well-developed infrastructure facilities
  • Three main seaports: Mina Saqr, Mina Khor and Mina Al Jazira

 

Free Zone

  • 2.2 million sqm of land
  • 100% foreign ownership
  • All utilities meet international standards
  • Long-term plan lease (25 years minimum)
  • Close proximity to airport, seaport, hotels, banks and hospitals
  • 45 minutes from Dubai International Airport

 

Educational Institutions

  • State run primary and secondary schools on par with international standards

 

Infrastructure Developments

  • Power generation (thermal/solar)
  • Water desalination plants & supply
  • Expansion plans for airport & seaport
  • Sanitation (water/waste treatment)
  • Oil and gas projects (exploration and refineries)

 

Investor Considerations

  • Investment promotion driven under the guidance of HH Sheikh Saud Bin Saqr Al Qassimi, Crown Prince and Deputy Ruler of Ras Al Khaimah
  • Strategic location that allows easy access to the markets of the Middle East, Europe, CIS, Africa and the Indian subcontinent
  • Free zone areas that allow 100% foreign ownership
  • State-of-the-art telecommunications network
  • Favourable attitude toward private business
  • No foreign exchange controls
  • No income tax for individuals or corporations
  • Duty-free import of raw material for manufacturing units
  • Generally low import duties
  • Close investor access to local decision-making

 

Offshore Benefits

  • Simple and convenient establishment and maintenance of companies
  • No restrictions to the number of shareholders, director and capital
  • Hassle-free establishment through purely nominal equity investment
  • Complete privacy and confidentiality with international standards

 

Hotels in Ras Al Khaimah

While the hinterland remains unspoilt, Ras Al Khaimah is slowly becoming home to a number of world-class hotels and resorts, offering something for everyone and poised to become a much sought-after tourist destination.

Some of Ras Al Khaimah’s hospitality gems:

  • Al Hamra Fort Hotel & Beach Resort
  • The Cove Rotana Resort & Spa
  • Hilton & Hilton Beach Resort
  • Bin Majid Beach Resort & Bin Majid Beach Hotel
  • Ras Al Khaimah Hotel
  • Al Hamra Palace Hotel 
  • Banyan Tree Resort
  • Marriott Hotel (coming soon)
  • Radisson SAS (coming soon)
  • Khatt Spring Hotel
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Did you know?

  • Rakeen - an Arabic word that means 'central pillar' or 'trustworthy support'
  • Rakeen is one of the largest developers in the Gulf region in terms of landbank value

Rakeen Head Office RAK

Call Us : + 971 7 244 6562
Email Us : info@rakeen.com


 

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