Ras Al Khaimah RAK free trade zones
RAK Free Trade Zone (RAKFTZ or RAK FTZ)
- RAKFTZ split up into 4 areas - RAKFTZ Al Ghayl Industrial Park, RAKFTZ Business Park, RAKFTZ Industrial Park, RAKFTZ Technology Park.
- PO Box 10055, tel +971-7-2041111,
fax +971-7-2280859, email inquiry@rakftz.com.
- Offices in Dubai (Twin Towers tel +971-4-2088555 & Fairmont Hotel
tel +971-4-3124300), Abu Dhabi and India. Over 1000 new companies registered
in 2005 and
2006.
- Set up costs from US$8700 for complete package (about 32,000 dhs).
- The Ras
Al Khaimah Free Trade Zone Authority (RAKFTZA) overseas the RAK FZ
- RAK FTZ Is not the same as the RAK Investment Authority Free Zone
- Chairman of the RAK FTZA - Sheikh Faisal
Bin Saqr Al Qassimi.
- CEO/Director General - Mr Oussama El Omari (sometimes
spelt Ossama / Osama / Oussama Al Omari).
- Facilities include a nursery - KidsZone Nursery (or Kids Zone Nursery).
- Ras Al Khaimah Free Trade Zone Business Park is in Al Nakheel Area
of RAK.
- Site of the RAK FTZ Industrial Park is Khor Khowair, near
Saqr Port, about 15 km north of Ras Al Khaimah city.
- RAKFTZ Technology Park is south of the city on the way
to Ras Al Khaimah International Airport.
- RAK sometimes spelt Ras Al Khaima, Ras Al Khayma, Ras Al Khaymah,
or Ras Al Kahima.
- Emaar RAK was established in 2005 in RAKFTZ to provide property and
real estate services for developments in RAK - in particular Al
Hamra Village and The Cove. Emaar RAK contact: PO Box 10055, Ras Al
Khaimah, tel +971-7-2041400, fax +971-7-2041404.
- As of September 2006, 2500 companies started, 5 billion dhs invested in
infrastructure, 12 billion dhs of investment coming in (but that includes
7 billion from one project announced Sep 2006).
- RAKFTZ liason offices in Germany, Turkey, USA.
- RAK FTZ was ranked 4th overall out of 115 Middle East Free Zones of the Future in a survey by fDi Magazine and Financial Times Business for 2011-2012. RAK FTZ was also rated 3rd for economic potential across the Middle East, and 5th in the Middle East for cost effectiveness (press release 07 September 2011).
RAK Free Trade Zone 2010
RAK Free Trade Zone virtual offices
- RAKFTZ and Servcorp are in partnership to offer virtual office space in the Dubai and Abu Dhabi Servcorp business centers - announced in an 02 June 2010 press release.
- Servcorp operates virtual offices around the world including in Asia, Australia, China, Europe, India, Japan, UK, USA.
- It looks like you need to be a RAKFTZ client first before you can establish a business presence in Abu Dhabi or Dubai through Servcorp, in other words, Servcorp does not arrange UAE trading licences or UAE residence visas.
- Servcorp Virtual Office costs in the UAE vary from about AED 500-2000 per month depending on services needed (as of June 2010).
RAK Investment Authority Free Zone (RAKIA FZ)
- Different from the RAK Free Trade Zone
- PO Box 31291, Ras Al Khaimah, tel
+971-7-2447253, fax
+971-7-2445270, email enquiry@rakinvestmentauthority.com.
RAK FTZ Academy Zone
- RAKFTA Academy Zone is an academic and education free zone, part of RAK FTZ.
- 7 out of 14 international educational institutes in Ras Al Khaimah have set up in the RAKFTZ Academy Zone.
- Countries where institutes are from include Egypt, France, India, Malaysia, Switzerland, USA with programs offered including short courses to degrees and vocational training in art, administration, computing and IT, languages, management, marketing, music, secretarial training.
- Swiss engineering university - opening 2011 or 2012?
- Vatel Emirates School for Hospitality and Tourism - open 2009
- Birla Institute of Technology, Ranchi - new campus open 2009
Ras Al Khaimah Media Free Zone (RAKMFZ) - RAK Media City
- RAK Media City contact details
tel +971-7-2447424, +971-7-2447888 (and maybe tel +971-7-2445125?), fax +971-7-2447454, email enquiries@rakmediacity.com
- Postal address PO Box
32429, Ras Al Khaima, UAE
- Established 03 January 2006 as an alternative to Dubai Media City.
- Also known as 'RAK Media Free Zone
and Film City'.
Other projects in RAKFTZ under consideration or development
- RAK Center for Business Excellence or RAK Training Center for Business
Excellence.
- RAK Education Zone.
- RAK Financial Center.
- RAK Industrial and Technology Park.
Last update
Tuesday 13-Sep-2011
|
