Investment In Ras Al Khaimah

Transcription

1. INTRODUCTION TO RAS AL KHAIMAH FREE TRADE ZONE & RAK INVESTMENT AUTHORITY
2. RAS AL KHAIMAH ’S ECONOMY “Opening the door to foreign trade is a hallmark of Ras Al Khaimah’s past, present and future. Today we honour our heritage by welcoming the investors of the future.” His Highness Sheikh Saud bin Saqr Al Qasimi UAE Supreme Council Member and Ruler of Ras Al Khaimah 2
3. RAS AL KHAIMAH IS PART OF THE UNITED ARAB EMIRATES Ras Al Khaimah (RAK) is one of the seven emirates that comprise the United Arab Emirates (UAE), along with Abu Dhabi and Dubai. Extremely safe, secure and stable emirate; with Fitch rating of A and S&P rating of AA+ Very diversified, dynamic economy Average GDP growth of 8% annually since 2011 UNITED ARAB EMIRATES 3
4. LESS THAN AN HOUR ’S DRIVE FROM DUBAI INTL AIRPORT 4-HOUR FLIGHT TIME 8-HOUR FLIGHT TIME TO 31% OF THE WORLD’S POPULATION TO 76% OF THE WORLD’S POPULATION 4
5. SUBSTANTIAL LOGISTICAL ADVANTAGES RAK has a strong trading heritage due to its geographical location at the mouth of the Arabian Gulf , and has grown into an industrial and trading hub, offering strategic access to the UAE’s major logistical centres and emerging world markets. LAND Multi-lane super-highways connect to all neighbouring emirates and countries SEA RAK is home to four seaports, including; • Saqr Port - the largest bulk commodity port in the Middle East • Khor Port - offering a range of modern cargo handling facilities and services • Al Jeer Port - on the border of the Sultanate of Oman • Al Jazeera Port - specialising in dry docking and ship repair AIR RAK International Airport services the emirate • An annual cargo capacity of 50,000 tonnes • Chilled reefers and cold storage facilities • 23,000 m2 of warehouse storage space 5
6. FINANCING A BUSINESS IS EASY IN THE UAE JOINT VENTURES & PRIVATE INVESTMENT BANK LOANS SUKUK INITIAL PUBLIC OFFERING, STOCK LISTING The UAE’s currency, the United Arab Emirate Dirham (AED), is pegged against the US dollar at a fixed rate of AED 3.673 = USD 1 6
7. A DIVERSE ECONOMY FOR INVESTORS TOURISM SERVICES SECTOR EDUCATION TRADING & LOGISTICS INDUSTRIAL SECTOR REAL ESTATE & DEVELOPMENT 7
8. KEY ADVANTAGES : LOWER COSTS & HIGHER RETURN ON INVESTMENT COST OF SETTING UP & RUNNING A BUSINESS COST OF LIVING 25-50% LOWER THAN ALTERNATIVE FREE ZONES SUBSTANTIALLY LESS THAN THE UAE AVERAGE Major Benefits In Line With Strategic Vision (Key Drivers) RAS AL KHAIMAH FREE TRADE ZONE AUTHORITY WWW.RAKFTZ.COM 8
9. HIGH QUALITY OF LIFE IN RAK EDUCATION HEALTH CARE RECREATION CULTURE RESIDENTIAL DEVELOPMENT TOURISM 9
10. STARTING A BUSINESS IN RAS AL KHAIMAH There are two main opportunities for starting a business in Ras Al Khaimah : NON-FREE ZONE COMPANIES Must be established as joint ventures with a UAE National sponsor. Foreign investors are generally limited to 49% ownership. PROFIT REPATRIATION AS PER PARTNER CONTRACT FREE ZONE COMPANIES May be 100% foreign owned, and operate under more liberal free zone regulations. DIRECT SALES IN LOCAL MARKET NON FREE ZONE 49% FOREIGN OWNERSHIP & 0% TAX UAE LABOUR LAWS NO CUSTOMS DUTY FOR SALES IN LOCAL OR GCC MARKETS 100% PROFIT REPATRIATION INDIRECT SALES IN LOCAL MARKET FREE ZONE 100% FOREIGN OWNERSHIP & 0% TAX NO CUSTOMS DUTY ON REEXPORTED GOODS FREEDOM TO SOURCE LABOUR 10
11. A COST-EFFECTIVE GATEWAY TO GLOBAL MARKETS RAK FREE TRADE ZONE & RAK INVESTMENT AUTHORITY • Amongst the fastest-growing free zones in the UAE • Investment destinations of choice for more than 12,000 companies from over 100 countries, representing more than 50 industry sectors His Highness Sheikh Ahmed bin Saqr Al Qasimi Chairman, RAK Free Trade Zone & RAK Investment Authority Member of Ruling Family of the Emirate of Ras Al Khaimah 11
12. FREE ZONE FORMATION TARGETS SME INVESTMENTS 12
13. FREE ZONE & NON-FREE ZONE FORMATIONS ATTRACTS INDUSTRIAL COMPANIES & MANUFACTURERS 13
14. NUMEROUS SERVICES & BENEFITS FLEXIBLE RECRUITMENT QUICK & EASY COMPANY REGISTRATION 100% OWNERSHIP RESIDENCE VISAS VALUE- ADDED SERVICES RANGE OF FACILITIES NO TAXATION NO CUSTOMS DUTY ON RE-EXPORTED GOODS 14
15. QUICK & EASY COMPANY SET-UP 1 2 3 CUSTOMISE YOUR PACKAGE SUBMIT APPLICATION & DOCUMENTS ISSUANCE OF TRADE LICENCE RAK FTZ and RAKIA provide all you need to set up your company in the UAE. Our one-stop-shop approach makes it easier and faster to get your licence, set up a legal entity, and begin profitable operations. 15
16. INVESTMENT OPPORTUNITIES ACROSS MULTIPLE SECTORS LIGHT INDUSTRIAL HEAVY INDUSTRIAL DISTRIBUTION & TRADING SERVICES LOGISTICS EDUCATION 16
17. TAILORED SOLUTIONS & FACILITIES TO FIT YOUR BUSINESS NEEDS BUSINESS LICENCE LEGAL ENTITIES FACILITIES • Commercial • Non Free Zone • Flexi-Desks & Offices • General Trading • Free Zone (FZC/FZE) • Standard & Executive Offices • Consultancy / Services • Industrial • Foreign Branch • Local Branch • Foreign Subsidiary • Shell & Core Offices • Warehouses • Industrial Land 17
18. FACILITIES TO FIT EVERY BUSINESS NEED FLEXI FACILITIES OFFICES WAREHOUSES INDUSTRIAL LAND 18
19. SPECIALISED FREE ZONE PARKS CATERING TO YOUR INDIVIDUAL BUSINESS NEEDS INDUSTRIAL PARK BUSINESS PARK AL HAMRA PARK BUSINESS PARK ACADEMIC ZONE ACADEMIC ZONE e TECHNOLOGY PARK AL HAMRA PARK AL GHAIL INDUSTRIAL PARK INDUSTRIAL PARK TECHNOLOGY PARK AL GHAIL INDUSTRIAL PARK 19
20. NATIONAL , REGIONAL, GLOBAL RAK FTZ operates in three locations in the UAE, and has an expanding international presence with liaison offices in India, Turkey and Germany. Ras Al Khaimah RAK FTZ Headquarters Dubai RAK FTZ Business Centre Abu Dhabi RAK FTZ Business Centre EUROPE OFFICE TURKEY OFFICE India Office (Mumbai) RAK FTZ Liaison Office DUBAI Turkey Office (Istanbul) RAK FTZ Liaison Office RAS AL KHAIMAH ABU DHABI INDIA OFFICE Europe Office (Cologne) RAK FTZ Liaison Office 20
21. INVESTORS FROM AROUND THE WORLD LIBYA 1 .8% IRAQ 1.8% CANADA 1.9% GERMANY 2.6% FRANCE 2.6% OTHERS 24.0% JORDAN 2.6% USA 2.7% IRAN 2.8% TURKEY 3.2% UAE 4.0% PAKISTAN 4.6% INDIA 21.2% EGYPT 4.9% UNITED KINGDOM 6.4% SYRIA 12.7% 21
22. SUCCESS STORIES 22
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24. THANK YOU