Ras Al Khaimah Investment Authority (RAKIA)

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    Ras Al Khaimah Investment Authority (RAKIA), established in 2005, is part of a long-term strategy to promote the sustainable social and economic development of Ras Al Khaimah by diversifying the emirate’s economy and ultimately establishing Ras Al-Khaimah as a regional hub for industrial manufacturing, trade and commerce.RAKIA has been able to attract close to US$ 1.2 billion investment in less than 2 years ago in diverse and strategic fields. RAKIA has pharmaceuticals, electronics, renewable energy, heavy engineering, health & education, consumer products, tourism, automotive companies.

    Type of Licence Available

    • Commercial
    • Industrial
    • Consulting/Service
    • Media

    RAKIA Advantages

    • 100% foreign owned enterprise
    • 100% repatriation of capital & profits
    • 100% Corporate, personal income tax exemptions
    • Exemption of import & export taxes
    • No foreign exchange control
    • Avoidance of double taxation with many countries
    • Absence of restrictions on hiring of expatriates
    • Liberal labour laws
    • Up to 30 per cent lower cost of doing business than other locations in the region
    • One-Stop –Shop for all investor’s needs
    • Well-developed industrial infrastructure
    • Cost Competitiveness & logistics advantage
    • Comprehensive master planning for growth
    • Stable Government and investor friendly policies

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