INTRODUCTION TO RAS AL KHAIMAH ECONOMIC … AL KHAIMAH ECONOMIC ZONE 2. RAS AL KHAIMAH’S ECONOMY...

INTRODUCTION TORAS AL KHAIMAH ECONOMIC ZONE

RAS AL KHAIMAH ECONOMIC ZONE 2RAS AL KHAIMAH ECONOMIC ZONE 2

RAS AL KHAIMAH’S ECONOMY“Opening the door to foreign trade is a hallmark of Ras Al Khaimah’s past, present and future. Today we honour our heritage by welcoming the investors of the future.”

His Highness Sheikh Saud bin Saqr Al QasimiUAE Supreme Council Member and Ruler of Ras Al Khaimah


RAS AL KHAIMAH IS PART OF THE UNITED ARAB EMIRATESRas Al Khaimah (RAK) is one of the seven emirates that comprise the United Arab Emirates (UAE), along with Abu Dhabi and Dubai.

Extremely safe, secure and stable emirate; with Fitch rating of ‘A’ and S&P rating of ‘A’

Very diversified, dynamic economy

GDP: AED 36.3 BN (USD 9.9 BN)*

UNITED ARAB EMIRATES *2016 estimates from RAK Centre for Statistics & Studies


SUBSTANTIAL LOGISTICAL ADVANTAGES

SEALAND AIR

RAK has a strong trading heritage due to its geographical location at the mouth of the Arabian Gulf, and has grown into an industrial and trading hub, offering strategic access to the UAE’s major logistical centres and emerging world markets.


SAQR PORT

Largest bulk-handling port in the Middle East, handling almost 60 million tones of cargo annually

Draft of 12.2 meters enables acceptance of large vessels, with 12 available berths (8 for bulk handling, 3 for container handling, 1 for general purpose)

World-class reputation for fast and efficient cargo handling, with doubling export movements as well as doubling efficiency in terms of vessel turnaround time

Major projects include creating additional deep-water berths, capable of handling capesize vessels, which commenced in Q2 2017

Adjacent to large Free Zone area (RAK Maritime City) with waterside access


RAK AIRPORT

The fastest-growing airport in the UAE up 37% and has established a strong sustainable network of 10 destinations

6 of the 7 Emirates, including Dubai, are within 60 minutes drive from RAK Airport

Provides a significant lower cost base than Dubai and Sharjah

2,000 m² (of which 1,800m² is covered storage)

24/7 operations handling up to 50,000 tons p.a.

Handles all types of freighter

Provides dedicated access gates with high security levels and surface transport throughout airport


LESS THAN AN HOUR’S DRIVE FROM DUBAI INTL AIRPORT

4 HOUR FLIGHT TIMETO 31% OF THE WORLD’S POPULATION

8 HOUR FLIGHT TIMETO 76% OF THE WORLD’S POPULATION

INDUSTRIALISATION IN THE EMIRATE RAK is the most industrialised emirate in the UAE Manufacturing in RAK contributes more than 26% of the emirate’s GDP The major factor for the emirate’s high level of industrialisation include: Availability of natural resources Operational cost-effectiveness

…ceramics and glass from Ras Al Khaimah were used to build the tallest building in the world, Burj Khalifa.

DID YOU KNOW THAT…

…Ras Al Khaimah rocks were used to build the iconic Palm Jumairah.

…most of UAE’s 5-star hotels use beddings produced in Ras Al Khaimah.

…UAE’s public transportation rely on vehicles and buses manufactured in Ras Al Khaimah.


SNAPSHOT OF INDUSTRIAL PORTFOLIO

GLASS & CERAMIC PRODUCTS INDUSTRIAL MACHINE PACKING & PACKAGING AUTOMOTIVE & PARTS BASE METALS

CEMENT & CEMENT PRODUCTS PAPER & PAPER PRODUCTS PLASTICS & RUBBER PRECIOUS STONES CHEMICAL PRODUCTS

ELECTRICAL EQUIPMENT & APPLIANCES FOOD ROBOTICS PHARMACEUTICAL WOOD & FURNITURE

WO

RK

LIV

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PLA

Y


KEY ADVANTAGES: LOWER COSTS & HIGHER RETURN ON INVESTMENT

25-50%LOWERTHAN NEIGHBOURING

REGIONS

COST OF SETTING UP A BUSINESS

COST OF RUNNING A BUSINESS

COST OF LIVING


COSTS OF LIVING AND SETTING UP A BUSINESS IN RAK START FROM…

APARTMENTSCOST PER MONTH AED 2,450 USD 667

HOTEL STAY PER NIGHT AED 250 USD 68

EDUCATIONFEES PER YEAR AED 4,650 USD 1,266

COMPANY SET-UP AED 14,800 USD 4,029

SEMI-SKILLED LABOURER SALARY PER MONTH AED 600 USD 163


STARTING A BUSINESS IN RAS AL KHAIMAH

FREE ZONE ENTITY

ZERO TAXATION

100% OWNERSHIP & PROFIT REPATRIATION

ACCESS TO LOCAL MARKET THROUGH A LOCAL AGENT

NO CUSTOMS DUTY ON RE-EXPORTED GOODS

FREEDOM TO SOURCE LABOUR

NON-FREE ZONE ENTITY

ZERO TAXATION

ESTABLISHED IN ASSOCIATION WITH A UAE PARTNER

DIRECT SALES IN LOCAL MARKET

NO CUSTOMS DUTY ON SALES IN LOCAL OR GCC MARKETS

SUBJECT TO UAE LABOUR LAW

COMPANY LIMITED BY SHARES

TRANSFER OF DOMICILE

SEGREGATED PORTFOLIO COMPANY

RESTRICTED PURPOSES COMPANY

COMPANY LIMITED BY GUARANTEE

UNLIMITED COMPANY

OFFSHORE


RAS AL KHAIMAH ECONOMIC ZONEBased in the heart of Ras Al Khaimah and guided by the vision of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, Ras Al Khaimah Economic Zone (RAKEZ) was established to oversee and consolidate the specialised zones and clients of both Ras Al Khaimah Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA).

RAKEZ is the continuation of the story that started with the foundation of RAK FTZ in 2000 and the establishment of RAKIA in 2005. It is the preferred business destination of more than 13,000 multinational companies, from over 100 countries representing above 50 sectors.

e e e

FOUNDED

2000FOUNDED

2005GOVERNING AUTHORITY

2017


RAS AL KHAIMAH ECONOMIC ZONE A world-class government authority established by the government of

Ras Al Khaimah in 2017 Houses two of the fastest-growing free zones in the UAE, and the leading

free zones in RAK; RAK FTZ & RAKIA Serves over 13,000 multinational companies from more than 100

countries representing over 50 sectors Spread over 33 million m2

His Highness Sheikh Ahmed bin Saqr Al QasimiChairman, Ras Al Khaimah Economic Zone, Ras Al Khaimah Free Trade Zone & RAK Investment Authority Member of Ruling Family of Ras Al Khaimah

Free zone and non-free zone entity formation Fast and efficient business set-up processes Wide-ranging business and industrial facilities and value-added services One-stop shop for administrative processes

RAKEZ ADVANTAGES

Connectivity to major logistical hubs and multilane super highways Easy access to markets across the Middle East, Europe, North Africa

and Asia regions Provision to rent or build on-site staff and labour accommodation

RAKEZ ADVANTAGES


TURN KEY SOLLUTION TO INVESTORS OF THE WORLD

UNITED ARAB EMIRATES

LAND PLOTS OF VARIOUS SIZE FOR DEVELOPMENT

CUSTOMISABLE WAREHOUSE FACILITIES

ON SITE STAFF & LABOUR ACCOMMODATION

MULTI LANE SUPER HIGHWAYS CONNECTING TO UAE & GCC

STORAGE FACILITY OF INTERNATIONAL AIRPORT

PROXIMITY TO SEA PORT


With the help of our expert businessset-up consultant, you will select yoursuitable legal entity, licence type andfacility.

CUSTOMISE YOUR PACKAGE1

Our business set-up consultant willguide you from filling out yourapplication all throughoutsubmission, ensuring that all requirements are met.

SUBMIT APPLICATION & DOCUMENTS2

Your licence along with your registration set and bank letter will be issued upon completion of the licensing formality, then the visa application process will start.

PROCEED WITH PAYMENT & RECEIVE YOUR BUSINESS LICENCE3

SETTING UP A BUSINESS IS AS EASY AS 1, 2, 3

Through business set-up consultant, website or agents

Through business set-up consultant, portal or agents

Get your licence within 24 hours


SPECIALISED ECONOMIC ZONES CATERING TO YOUR INDIVIDUAL BUSINESS REQUIREMENTS

AL HULAILA INDUSTRIAL ZONE

TOTAL AREA: 2.8 MILLION M2

RAKEZ BUSINESS ZONETOTAL OFFICES: 1,421

AL HAMRA INDUSTRIAL ZONE


RAKEZ ACADEMIC ZONETOTAL AREA: 3.8 MILLION M2

AL GHAIL INDUSTRIAL ZONE



BUSINESS ZONE

A dedicated zone for startups, entrepreneurs and SMEs

Ideal for commercial, service and consultancy businesses

Flexi Desks and Flexi Offices: modern shared and networked workstations or offices

Small to medium-sized private offices Ready or customisable office spaces

Furnished and unfurnished offices available

High-speed Internet network Accessible 24/7 and 24-hour security Advanced IT and telecommunications

infrastructure Secretarial and business centre services Value-added services provided in a one-

stop-shop50 m

1,421


AL GHAIL INDUSTRIAL ZONE

The industrial heartland of Ras Al Khaimah Perfect for large-scale projects Choice of free zone or non-free zone entity

formation Land space for manufacturing and processing

companies Guaranteed government-supplied power, gas

and water 24/7 Close proximity to Dubai, Sharjah and other

northern emirates Proximity to different ports in RAK

Connectivity to multi-lane superhighways Availability of on-site staff and labour

accommodations Option to build own accommodation on

leased land Easy connection with utility and

communication providers Eligibility to apply for UAE Residence Visa

for investors and employees Land plots of various sizes from 5,000 m2

1000 m

28.2 MILLION M2


AL HAMRA INDUSTRIAL ZONE

Choice of free zone or non-free zone entity formation

Proximity to the city and its services Connectivity to multi-lane superhighways Close to major logistical hubs Proximity to Dubai and RAK International

Airports Flexibility to construct facilities based on

business requirements 24-hour supply of power, water, gas and other

utilities

Availability of on-site staff and labouraccommodations

Option to build own accommodation on leased land

Eligibility to apply for UAE Residence Visa for investors and employees

Land plots of various sizes from 5,000 m2

Warehouses of various sizes from 150 m2

to unlimited sizes

1000 m

9.3 MILLION M2


AL HULAILA INDUSTRIAL ZONE

Option to build own accommodation on leased land

Easy connection with utility and communication providers

Eligibility for apply for UAE Residence Visa for investor and employees

Land plots of various sizes from 2,500 m2

Warehouse of various sizes from 150 m2

to unlimited sizes

Land for development and state-of-the-art warehouses of different sizes for industrial projects

Flexibility to construct facilities based on business requirements

Connectivity to multi-lane superhighways Proximity to Saqr Port, the largest bulk port in

the Middle East and North Africa (MENA) region

Availability of on-site staff and labouraccommodations

1000 m

2.8 MILLION M2


ACADEMIC ZONE

Executive offices – Ideal for education support

Consultancy and training institutes Pre-built buildings – Ideal for startup

Higher Education Providers (HEP) Land – Ideal for building a K-12

School or a University Option for leasing or building an

educational facility

A dedicated zone for education providers Professional assistance and support to ensure

smooth functioning of the institutions Provides five categories of licences including:

School/ ELC, Higher Education, Non-Academic Service Providers, Education/Support Consultancy and Training

Cost-effective solutions to offer educational programmes

1000 m

3.8 MILLION M2


TAILORED SOLUTIONS & FACILITIES TO FIT YOUR BUSINESS NEEDS

E-COMMERCETrading in goods and services via electronic means

EDUCATIONALOpening an education-related institution or consultancy company

COMMERCIALTrading in services and goods

GENERAL TRADING

Trading in multiple goods

MEDIAOperating media-related business activities

INDUSTRIALManufacturing, importing, packaging and exporting products

INDIVIDUAL /PROFESSIONAL

One owner with one activity in a specific specialty or expertise

PROFESSIONALFor individuals who provide professional services

TOURISMOperating tourism-related activities or establishments

SERVICEConducting services or consultancies across any industry

FLEXI FACILITIES OFFICES

WAREHOUSES LAND FOR DEVELOPMENT

CUSTOMISED FACILITIES TO FIT EVERY BUSINESS NEED

Shared furnished workstations or offices Ideal for startups, SMEs and entrepreneurs Secretarial and business centre services

One-stop shop facility and value-added services Advanced IT/telecommunications infrastructure Eligibility to apply for UAE Residence Visa

FLEXI FACILITIES

STARTING FROM AED 13,500

Ready or customisable office spaces Ideal for commercial, service and consultancy businesses Secretarial and business centre services

One-stop shop facility and value-added services Advanced IT/telecommunications infrastructure Eligibility to apply for UAE Residence Visa

OFFICES

STARTING FROM AED 24,600

Customisable and available in various sizes Ideal for manufacturing, trading, assembly and logistics Availability of security and utility supplies around the clock Permanent power connectivity

Proximity to retail districts and major logistical hubs Provision for on-site staff and labour accommodation Easy access to manpower for loading and cargo Eligibility to apply for UAE Residence Visa

WAREHOUSES

STARTING FROM AED 205 / M2

Wide-ranging land sizes for development Ideal for manufacturing and projects Availability of security and utility supplies around the clock Proximity to major logistical hubs and other emirates

Provision for on-site staff and labour accommodation Well-paved roads at all locations Eligibility to apply for UAE Residence Visa

LAND FOR DEVELOPMENT

STARTING FROM AED 18 / M2

Conducting business as an international entity Foreign Ownership Dispute resolution for settlement of commercial disputes Open bank accounts locally and internationally Conducting business without corporate/personal taxes

Protecting investments in other foreign countries Simpler transfer of assets and properties held in

several countries Transfer of domiciliation or Continuation

OFFSHORE


RAK INTERNATIONAL CORPORATE CENTRERAK International Corporate Centre (RAKICC) is a Corporate Registry operating in Ras Al Khaimah, United Arab Emirates.Responsible for the registration and incorporation of International Business Companies, as well as providing a full suite of Registry services related to International Business company activity.

COMPANY LIMITED BY SHARES TRANSFER OF DOMICILE SEGREGATED PORTFOLIO COMPANY

RESTRICTED PURPOSES COMPANY COMPANY LIMITED BY GUARANTEE UNLIMITED COMPANY

PRODUCTS AND SERVICES


INVESTORS FROM AROUND THE WORLD

INDIA 22.7%

OTHERS 29.1%

CANADA 2.3%USA 2.3%

ITALY 2.3%RUSSIAN FED. 1.7%

LEBANON 1.5%IRAN 1.5%

UNITED KINGDOM 7.4%UAE 5.5%

SYRIA 5%

PAKISTAN 5%

FRANCE 4.1%

EGYPT 3.5%

GERMAN 3%

JORDAN 3%

CLIENTSCOUNTRIESINDIA 3,100+

UNITED KINGDOM 1,000+

UAE 750+

SYRIA 700+

PAKISTAN 700+

FRANCE 550+

EGYPT 450+

GERMAN 400+

JORDAN 400+

CANADA 300+

USA 300+

ITALY 300+

RUSSIAN FED. 250+

LEBANON 200+

IRAN 200+

OTHER 4,000+

CLIENTSCOUNTRIES


FLOURISHING SECTORS OF RAKEZ

13,000+COMPANIES

50+SECTORS


SELECTION OF OUR SUCCESSFUL CLIENTS


STRATEGIC PARTNERS


NATIONAL, REGIONAL, GLOBALRAKEZ operates in three locations in the UAE, and has an expanding international presence with liaison offices in India, Turkey and Germany.

RAKEZ HEADQUARTERS - RAK

RAKEZ BUSINESS CENTER - DUBAI

RAKEZ BUSINESS CENTER – ABU DHABI

INDIA RAKEZ LIAISON OFFICE – MUMBAI

TURKEY RAKEZ LIAISON OFFICE – ISTANBUL

EUROPE RAKEZ LIAISON OFFICE – COLOGNE

UAE OFFICES INTERNATIONAL OFFICES

THANK YOU

INTRODUCTION TO RAS AL KHAIMAH ECONOMIC … AL KHAIMAH ECONOMIC ZONE 2. RAS AL KHAIMAH’S ECONOMY...

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