Business and Investment
A strong economy paired with a stable political environment makes Ras Al Khaimah a dynamic and exciting place to invest. In 2009, the Emirate received the Financial Times award for "Most Attractive Place in the Middle East for FDI."
The costs of living and doing business in RAK are markedly lower than in other Emirates, and far below those of traditional financial centers such as London, New York, or Mumbai. Forward-thinking investment vehicles such as the Ras Al Khaimah Investment and Development Office work to provide unique benefits and partnership opportunities to foreign investors, who enjoy a 100% income and corporate tax exemption, streamlined and expeditious registration procedures, total foreign ownership, 100% capital and profit repatriation, efficient services, a transparent legal framework, and a network of promotion centers across UAE, Europe, Asia and the United States.
Ras Al Khaimah offers its partners an array of opportunities for developing enterprises of all sizes. In a reflection of the Emirate's own growth, the Ras Al Khaimah Investment Authority (RAKIA) now boasts more than 3500 companies in its portfolio. Its tailored approach to assisting businesses from site surveying to optimizing daily operations helps to make RAK the ideal home for a new venture.