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The Ras Al Khaimah Free Trade Zone contains three different business parks specializing in various functions. The first is a Business Park for trading and services which has fully-equipped offices. In addition, the RAK Exhibition Centre, a five star hotel and a shopping and entertainment complex are all within close proximity.
The second section houses the Industrial Park, which was designed for heavy industrial production and warehousing of raw materials or finished products. Plot sizes are provided to suit individual client requirements and are fully serviced with water, electricity and telecommunications.
The third is a Technology Park located in a rapidly expanding area devoted to automated manufacturing and capital intensive quality lifestyle projects such as electronics and apparel.
Incentives for its 3,000 registered companies include 100% foreign ownership, import and tax exemptions, 100% repatriation of capital and profits as well as no corporate or personal income taxes.
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