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Opening Remarks

Mr. Wilson Chan

Regional Director,

Business Development of Ras Al Khaimah

Free Trade Zone Authority (RAK FTZ)

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WHY INVEST

IN RAK FREE

TRADE ZONE?

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RAK FREE TRADE ZONE AUTHORITY – KEY PROFILE

RAK FREE TRADE ZONE

The Ras Al Khaimah Free Trade Zone (RAK FTZ) is a cost-effective

gateway to a wide range of markets across Europe, North Africa, the

Middle East and South & central Asia. Its strategic geographical location

is well-positioned to help companies easily take advantage of the trade

flows between East and West.

Less than an hour’s drive from Dubai, RAK FTZ is one of the fastest-

growing free zones in the UAE, and it is the investment destination of

choice for more than 7,500 companies from over 100 countries,

representing more than 50 industry sectors.

Established in 2000 with a mandate to provide custom-made business

solutions, RAK FTZ furnishes its clients with a completely tax-free

environment, fast-track visas, freedom to source labour and materials

globally, and ongoing business support services such as advertising,

procurement, event management, recruitment and training assistance.

In addition to award-winning service, RAK FTZ provides the same free

zone benefits and top-notch facilities that are available elsewhere in the

UAE, but for substantially lower costs, allowing clients to maximise their

return on investment.

H.H. Sheikh Ahmad Saqer

Mohamed Al Qasemi

Chairman, RAK Free Trade Zone

Member of Ruling Family of the

Emirate of Ras Al Khaimah

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There are two main opportunities for starting a business in Ras Al Khaimah: Free

Zone and Non-Free Zone companies.

Non-Free Zone companies must be established as joint ventures with a UAE

national sponsor. Foreign investors are generally limited to 49% ownership.

Free Zone companies may be 100% foreign owned, and operate under more liberal

Free Zone regulations.

100% OWNERSHIP

Non-Free

Zone 51/49

ownership

Private

Joint Stock

Company

Limited

Liability

Company

Public Joint

Stock

Company

Joint

Venture

Free

Zone 100%

foreign

ownership

Free Zone

Company

Subsidiary

Free Zone

Enterprise Branch

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RAK FTZ OFFERS NUMEROUS BENEFITS TO ITS CLIENTS

Benefits

100%

Ownership

Value-Added

Services

Range of

Facilities to

Suit Business

Need

Flexible

Recruitment

(no quotas)

Ease & Speed

in Registering

Company

No Customs

Duty on

Re-Exported

Goods

No Taxation

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A streamlined customs system, featuring:

▸ Common customs GCC law stating that free zones are totally or partially excluded from standard

customs provisions

▸ A provision that goods may be admitted and transported to any other place within the country

without payment of the customs taxes

▸ A provision that all foreign goods may be imported into free zones, without being subject to customs

duties or taxes

▸ A provision that foreign goods may be exported from free zones to other countries or to other free

zones, without being subject to customs duties or taxes

▸ Customs services in RAK Free Zone Parks

NO TAXATION AND NO CUSTOMS DUTY

ON RE-EXPORTED GOODS

No taxation

No

corporate

tax

No sales tax

No personal

tax

No withholding

tax

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A COMPLETE RANGE OF SOLUTIONS & FACILITIES

TO FIT BUSINESS NEEDS

▸ Commercial

▸ General Trading

▸ Consultancy/Service

▸ Industrial

Business Licence Legal Entities

▸ Free Zone LLC (FZC/FZE)

▸ Foreign Branch

▸ Foreign Subsidiary

Facilities

▸ Flexi-Desk/Office

▸ Standard & Executive Offices

▸ Shell & Core Office

▸ Warehouse

▸ Land ready for development

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Unlike foreign labour restrictions enforced in other markets, the UAE has flexible

labour requirements, meaning you can optimize your business’ operations by;

▸ Sourcing the best talent (skilled and unskilled) to suit your needs from

anywhere in the world

▸ Without restriction on the number of foreign workers employed

▸ Without restriction on the duration of your workers’ employment terms

▸ Maximizing profits through the ability to source cost-effective labour globally,

across a range of costs and qualifications

▸ Leasing or building on-site labour accommodations

▸ Saving cost on transport

▸ Happier workers who don’t have to commute

▸ More efficient day-to-day operations

FLEXIBLE LABOUR

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RAK FTZ offers renewable three-year UAE residence visas for investors,

managers and workers which offer a range of benefits:

▸ Open a business and work in the Free Zone

▸ Border-free travel and residence within the UAE

▸ Obtain an Emirates Identity Card

▸ Open a bank account and apply for a P.O. Box

▸ Unlimited entry and exit at all points of entry within the UAE

▸ Easier travel between most GCC countries

▸ The ability to obtain an eGate card, for frequent travelers, to pass through

UAE airports electronically

▸ Ability to obtain a 10-year UAE drivers’ license, own a vehicle, register a

vehicle, lease accommodations and have utility services connected

VISAS

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RANGE OF FACILITIES AT RAK FTZ

FLEXI FACILITIES

▸ Shared work stations

▸ 5 hours usage per week

▸ Dedicated phone number

▸ Shared fax number

▸ Dedicated email account

▸ High-speed Internet network

▸ Company P.O. Box

▸ Eligibility for UAE residence visa

▸ Opportunity to upgrade to office

or warehouse at any time

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RANGE OF FACILITIES AT RAK FTZ

OFFICES FACILITIES

▸ Small to medium-sized private offices

▸ Accessible 24/7 and 24-hour security

▸ Advanced IT infrastructure with dedicated phone,

fax number, and email account

▸ Rent inclusive of utilities

▸ Eligibility for UAE residence visa

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RANGE OF FACILITIES AT RAK FTZ

WAREHOUSES

▸ Prefabricated units of 150 to 400 m²

▸ Suitable for storage of goods, light manufacturing and assembly

▸ Accessible 24/7 and 24-hour security

▸ Labour, forklifts and cleaning services (available at additional cost)

▸ Eligibility for UAE residence visa

▸ Utility connections

▸ Staff and labor accommodation available on site

▸ Proximity to highway, sea port and airport (excellent accessibility to

all emirates and neighboring countries)