Give yourself an unfair advantage
The Best Regulatory Environment
- No Corporate Tax
- No Income Tax
- 100% ownership in Free Zones
- No foreign exchange controls, trade barriers or quotas
- No restrictions on capital repatriation
- Easy access to key decision makers
- Liberal labour laws
Relatively Low Cost Work Environment
- Access to low cost regional talents
- Competitive energy costs
- Low land and real estate costs
- Competitive import duties (4% with many exemptions)
- Approx.30-35% advantage to investor's bottom line
- Sports facilities including golf, dune driving & sand skiing
- World class shopping malls
- Cosmopolitan Work Environment
- Strong work ethics
- World-class international schools and colleges
- Progressive, tolerant and multicultural society
- An Island of Calm & Safety
- Stable economy with relatively low volatility
- Continuous political stability since its inception
- Zero crime rate
The Best Connected Location in the Region
- Proximity to Dubai (80 km) and Sharjah (55 km).
- Modern International airport connecting important destinations
- Sea ports capable of handling bulk and container cargo.
- Availability of land, sea, air cargo infrastructure
- State of the art telecommunications
Easy Access to Regional Markets
- Total region population of 1.8 billion
- Close and easy access regional markets like Oman, Iran, Saudi
arabia, Qatar and other GCC countries.
- Development of:
1. tourism projects and resorts with total Investments US $ 10
billion in next 5 years
2. hospital, health clinics, schools, colleges and universities with
total investments US $ 2 billion
3. real estate, apartments, commercial complexes, marinas and
golf course World class restaurants, beaches and tourist
attractions
Site Title
Quick facts about RAK ICC
Languages Arabic, English, Hindi, Urdu, Farsi, Spanish,
Manarin, French, German
Currency AE Dirham pegged to the US Dollar
Time Zone GMT 4+
Airports Ras Al Khaimah - 15 minutes drive
Sharjah Airport - 30 minutes drive
Dubai Airport - 45 minutes drive