It is a dynamic, cost-effective, positive and stress-free FTZ in the region, a world class business environment and a safe haven for investors, offering following state-of-the-art facilities and customer services of international standard.

• Warehouses with built-in offices, land-to-build in Technology and Industrial Parks, aesthetically furnished ready-to occupy executive offices, Shared-office/desk services in Business Park located at heart of the city.
• Fastest-emerging FTZ in Gulf region, becoming famous in a phenomenal manner in the globe, confirmed by surge of incoming enquiries an ever-bulging registrations by potential investors during the years 2005 and 2006 with an optimistic target of 1500 companies at the end of 2007 covering an extended areas in Middle East (Lebanon, Syria, Egypt, UAE, Iran & Turkey), Europe (France, Germany, Sweden, Switzerland & Italy), North America, Australia and Asia, by virtue of its overseas offices.
• Tailor-made business solutions, unparalleled quality and services, including marketing, e-registrations, referral programs & incubation centers.
• trategic location: Close proximity to Middle East, Europe & Asia, and to rapidly expanding Dubai (45min. drive by Emirates Highway)
• Aims to become main commercial distribution centre for the hemisphere.
• Updating and modernizing by constant monitoring and research in pace with clients’ requirements, and by investing substantial resources and efforts in the infrastructures.
• 100% ownership, full repatriation of funds, free of tax and currency restrictions, Transparent laws & regulations, Access to 1.2 billion customers, world class infrastructures, simple and customer-friendly application procedures, dedicated business and marketing support services with “single window” concept, govt. and convenience services.

TRI-PARK CONCEPT:

Business Park:

Well organized Business Innovation & Promotion Centre (BIPC) with sophisticated ready-to-use furnished offices and desks including flexi (shared) concept, ensuring to start firms in a cost-effective and comfortable way. BIPC has also branches in Dubai (Fairmont Hotel & Twin Towers) and Abu Dhabi (AUH Commercial Centre). It provides top-notch professional assistance for license, visa & legal documentation and for smooth and hassle-free operations from inception through out operations.

Industrial Park:

Eco-friendly (surrounded & protected by stand of mangrove trees) heavy industries, manufacturing, warehousing, suitable sized plots serviced with uninterrupted water, electricity and telecommunications, on-site employees accommodation with administrative and service support.

Technology Park:

Located in South RAK opp. to a five-star resort, covers 71 hectares & in close vicinity to 18 hole golf course, with easy access to city centre, international airport, and Saqr Port.

Licenses issued by RAKFTZ:

(4 types) Commercial:

Import/export, distribution, storage/warehousing of not more than 7 similar product lines or two different categories (business specific license) specified in the license.

General Trading:

Import/export, distribution, storage/warehousing of more than 7 different product lines specified in the license.

Industrial:

Import of raw materials, manufacturing, processing, assembling, packaging, exporting finished products. Feasibility and environmental impact studies and clearance from FTZ are required.

Consulting & Service:

In management, finance, investment, economics, industrial development, marketing, etc. We provide facilities like Lands, completely equipped Warehouses, Executive offices, Shared Desk, Shared Offices and Virtual Private Network including Visa Services.

PROCEDURE:

Step 1: Present a complete set of Documents about the business.

Step 2: Complete a one page application. Step 3: RAKFTZ approves and issues appropriate license(s)

License Types and Fees:

License Type Activities Allowed

Industrial License Import raw materials, manufacturing, processing, assembling, packaging, and exporting finished products. Commercial License Import, export, distribution, consolidation, storage or warehouse. (Maximum limit is seven similar product lines). Consulting & Service license All kinds of management and business consultancy. Other services include insurance, cargo & freight forwarding, accounting and auditing services, logistical support such as: restaurants or food outlets, catering services, travel agencies, leisure and social activities.

One time Free Zone registration Fee

RAK FREE ZONE FACILITIES & SERVICES

Rental of Facilities Offices Business Park World Trade & Business Innovation Centre Support Services Pre-build Warehouse Warehouse offices Industrial Park Technology Park Labour accommodation Residential Apartment

Land Lease for Investor Development

• Industrial Park located five kilometers from Port Saqr.
• Technology Park located 1,000 meters from Dubai-RAK highway and in close proximity to the RAK International Airport.
• Business Park located in Al Nakheel, RAK's central business district.
  
  

DOCUMENTS REQUIRED:

Document Foreign Company UAE Branch FZC FZE 1. Application Form (online at www.rakftz.com) Y Y Y Y 2. Brief Project Description Y Y Y Y 3. Memorandum of Association Y Y Y - 4. Passport Copy of owner/manager Y Y Y Y 5. Certificate of Registration Y Y - - 6. Resolution - - Y - 7. Board decision to set up the Branch Y Y - - 8. Power of Attorney Appointing Representative Y Y Y Y 9. Bank Statement and Recommendation Y Y Y Y 10. Minimum capital of Dhs 100,000* - - Y Y

LEGAL STATUS:

• Type of incorporation
• Free Zone Establishment / Company
• Branch Of UAE Company