RAK Free Zone is quickly becoming one of the most sought-after investment destinations in the UAE. The strategic location makes this Free Zone stand out from the rest of the other Free Zones. RAK is closest to the far eastern nations – China, India, Iran, Pakistan, and the Commonwealth of Independent States. Here are the Free Zone areas you can do business in:
- RAK Investment Authority Free Zone (RAKIA) – This zone provides great support to investors with a very low setup cost. This Free Zone was created to build a diverse economy while providing sustainable growth in foreign investments. The area is composed of two industrial parks to set up business in.
- Ras Al Khaimah Media Free Zone – This is the leading entertainment hub for companies that are in the media industry. This Free Zone was launched in 2006 as a cost-effective alternative to Dubai Media City.
- Ras Al Khaimah Economic Zone (RAKEZ) – This is the largest Free Zone in the entire UAE. RAKEZ merges the RAK Free Trade Zone (RAKFTZ) and RAK Investment Authority (RAKIA). Investors at this location gain access to the Middle East, South Africa, Europe, and South and Central Asia.
- RAK Maritime City – Companies seeking a secure spot for their business love this Free Zone option. RAK Maritime City provides access to international port facilities while providing zones for retail, warehousing, cargo handling, industrial production and manufacturing, and shipbuilding.