Ras
ALKHAIMAH MARITIME
About Ras AlKhaimah Maritime
Gateway to Global Maritime Excellence
Established in 2009, the Ras AlKhaimah Free Zone is part of the RAK Economic Zone (RAKEZ) and a major maritime hub for the region. Strategically located on the Arabian Gulf with access to all the major shipping routes it acts as a global trading and logistics hub and is home to a wide variety of industries, mostly associated with the maritime trade.
With an investment of over $250 million, the zone has excellent infrastructure and state-of-the-art facilities capable of handling business activities like ship repair, warehousing, marine & anchorage, cold storage, and industrial training. A huge portion of the construction material used in all kinds of building projects in the Middle East comes through the Ras AlKhaimah Free Zone.
In addition to being a large industrial and storage hub, the zone is also a burgeoning tourism spot, with plenty of cruises stopping at the Ras Al Khaimah Port. Overall RAKEZ is home to more than 21k companies from 100 different countries, many of whom are housed in the Ras AlKhaimah Free Zone.
Why Ras AlKhaimah Maritime?
One of the great strengths of Ras AlKhaimah Free Zone is its location in the Arabian Gulf. Not only is it located close to major seaports, but also has access to highways and airports, creating a perfect place for businesses to load and unload their goods and easily transport them to places worldwide.
In addition to this being a free zone, Ras AlKhaimah Maritime City has no income, value-added, or corporate tax and businesses don’t have to pay any customs duties when bringing in goods. This significantly reduces the overhead costs and businesses can generate more revenue. Couple this with the existing companies operating in the zone, it creates an excellent opportunity for everyone to network.
Benefits of Setting Up a Business in Ras AlKhaimah Maritime
Client Services
From registration of a business to license renewal and customer support services, you can find everything under one roof in Ras AlKhaimah Free Zone.
Excellent Infrastructure
From warehouses to office spaces, you can some of the best facilities and infrastructure in the zone and they can be leased easily and quickly.
Free Zone Perks
Companies operating in Ras AlKhaimah Maritime are exempt from taxes, they retain complete ownership of their business and can repatriate revenue to their countries of origin.
Customized Solutions
The skilled and experienced staff at the Ras AlKhaimah Free Zone are trained to provide customized solutions to every business to best fit its needs.
Ease of Setup
The process to set up business in the zone is quick and efficient and the licenses can be acquired within 24 hours of submitting the registration application.
Business Diversity
Ras AlKhaimah Maritime City offers a wide range of different business activities, so no matter what industry you are in, there is no shortage of skilled staff.
Business Activities in Ras AlKhaimah Maritime
Being a global maritime hub, most of the business activities in Ras AlKhaimah Free Zone are related to shipping and trading. These include ship repairs, berthing, warehouse and transport of goods, marine & anchorage, cold storage, fisheries, and cruise tourism. But there are other industries as well that are involved in the manufacturing of goods and the zone also has a large retail sector.