RAK Investment Authority (RAKIA) is a Government entity operating in the emirate of Ras Al Khaimah, United Arab Emirates, if you want Business Setup in the Ras al Khaimah or free industrial zone in rak. RAK Investment Authority provides free zone and non free zone industrial parks in Al Hamra (5.8 million square meters).rakia also provides Rakia Strategic Business units, investment advisory services in rak, Rakia Offshore Business facilities RAKIA has successfully attracted over US$ 3.5 Billion in investments and is home to nearly 5000 companies from diverse sectors of activity. For more info please Sign up Rakia

1. Advantages Galore for Investors looking to form a company with RAKIA
Blessed with a strategic location that is perfectly perched at the crossroads of major trade routes
connecting the East with the West, Ras AL Khaimah (RAK) has in a short time climbed to the top of the
’regions favored by investors’ list. The fourth largest Emirate in the UAE, has flourished under a
government that is pro-development and offers investors with some of the best infrastructure support
around the globe. Such a progressive leadership has transformed the Emirate into a growth-driven
economy that’s rewriting the record books year after year. The Ras AL Khaimah Investment Authority
(RAKIA) constituted by Emiri decree has been instrumental in rolling out a host of measures that are
helping the Emirate in achieving its development and investment goals.
Investors looking for a business setup with RAKIA are offered a bouquet of advantages that they’d be
hard-pressed to find elsewhere in the UAE. Functioning as single point of contact, it functions as a one-
stop-shop that facilitates the offering of various licenses, visas and permits, required by investors. It has
pioneered the online registration facility that speeds up the entire business setup process. Some of the
key advantages of RAKIA are as follows:
• Complete exemption from corporate taxation and tax on income
• Businesses can transfer back all the profits generated from operations. Additionally, they are
also permitted to take along the entire capital amount invested by them
• There are specially demarcated free zone areas where expats are offered 100% ownership of
the units
• A business cannot compete in the international market without resorting to import and export
of raw materials and goods. RAKIA does not levy import or export taxes in an attempt to
encourage greater trade and revenue generation
• There is a conspicuous absence on various taxes like: Income-Tax, Wealth Tax & Sales Tax
• Foreign exchange norms are quite relaxed to facilitate the raising increased access to
international funding for businesses

2. • Unrestricted employment access to encourage expatriates to come and share their intellectual
expertise, thereby improving the quality of business and social life in the Emirate
• Double Taxation treaties with multiple countries to facilitate tax compliance on a global scale
Additionally, RAKIA clients enjoy allied benefits resulting from the strategic location and the support
from the Authorities. These include the provision of a world-class port, easy access to other nations in
the GCC, non-existent corruption and minimal bureaucratic hassles, investor friendly policies and a
lifestyle that offers maximum bang for the buck. It is the superiority of the advantages as discussed
above that gives RAKIA business units the edge over their competition in every corner of the globe.
Author Resources
RAK Investment Authority (RAKIA) is a Government entity operating in the emirate of Ras Al Khaimah,
United Arab Emirates, if you want Business Setup in the Ras al Khaimah or free industrial zone in rak.
RAK Investment Authority provides free zone and non free zone industrial parks in Al Hamra (5.8 million
square meters).rakia also provides Rakia Strategic Business units, investment advisory services in rak,
Rakia Offshore Business facilities. RAKIA has successfully attracted over US$ 3.5 Billion in investments
and is home to nearly 5000 companies from diverse sectors of activity.