INTRODUCTION TO RAS AL KHAIMAH ECONOMIC ZONE INTRODUCTION TO RAKEZ - PowerPoint PPT Presentation

INTRODUCTION TO RAS AL KHAIMAH ECONOMIC ZONE

INTRODUCTION TO RAKEZ Online Video RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 2 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 RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 3 3

UAE GLOBAL COMPETITIVENESS EASE OF DOING BUSINESS LOGISTICS PERFORMANCE INDEX GLOBAL COMPETITIVENESS 15 15 5 5 1 4 11 11 7 Globally Globally Globally Globally Globally Globally Globally On-Time Delivery Customs and Border Ease of Arranging Ease of Doing Business Dealing with Global Competitiveness Macroeconomic Stability Construction Permits Efficiency Shipments 13 13 13 13 11 11 15 15 15 15 9 10 10 Globally Globally Globally Globally Globally Globally Globally Quality of Logistics Track & Trace Quality of Product Market Infrastructure Protecting Investors Enforcing Contracts Infrastructure Logistics Services Source: World Bank, World Economic Forum & IMD  Ease of Doing Business Philosophy  Cost-Effective Business Environment  Emerging Tourist Destination  Strong Sovereign Credit Rating RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 4 4

RAS AL KHAIMAH IS PART OF THE UNITED ARAB EMIRATES GDP BREAKDOWN 2015 Extremely safe, secure and stable emirate; Other Services, 7% with Fitch rating of ‘A’ and S&P rating of ‘A’ Quarrying, Oil & Gas, 7% Manufacturing, 26% Agriculture, 4% Transport, Storage, Communication, 6% Very diversified, dynamic economy Construction, 8% Wholesale & Retail Trade, 12% GDP: AED 36.3 BN (USD 9.9 BN)* Finance, 9% Government Real Estate & Business Services, 10% Services, 11% *2016 estimates from RAK Centre for Statistics & Studies RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 5 5

LESS THAN AN HOUR’S DRIVE FROM DUBAI INT’L AIRPORT 4-HOUR FLIGHT TIME 8-HOUR FLIGHT TIME TO 31% OF THE WORLD’S POPULATION TO 76% OF THE WORLD’S POPULATION RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 6 6

WORK LIVE PLAY

DOING BUSINESS IN RAK IS AS EASY AS 1, 2, 3 ONE-STOP SHOP LICENCE ISSUANCE IN 1 CU CUSTOMISED SOLUTION FOR TRANSPARENCY TRAN DAY AND 3 DAYS FOR SOL SOLUTIONS S AN AND ALL GOVERNMENT ALL ALL TH THE E WAY INDUSTRIAL CASES PACKAGES NEEDS

COST-EFFECTIVENESS & OPTIMISATION 25-50% COST OF SETTING UP A BUSINESS LOWER COST OF RUNNING A BUSINESS THAN NEIGHBOURING REGIONS COST OF LIVING RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 9 9

A TAX FREE ENVIRONMENT NO NO DOUBLE NO WITH- TAXATION CORPORATE INCOME HOLDING TREATIES TAX TAX TAX

SAQR PORT Largest bulk-handling port in the Middle East with direct routes to India Adjacent to large free zone area with waterside access Managed by Hutchinson Ports (350,000 TEUs) Customised packages for global shipping (exclusively for RAKEZ) Feeder terminal at more cost-effective rates RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 11 11

…ceramics used to build the tallest …rocks used to build building in the world, Burj Burj Kha Khali lifa. Palm alm Ju Jumeir irah. DID YOU KNOW THAT RAK PRODUCES… … beddings used in most …buses for GCC’s of UAE’s 5 -star hot hotels ls. publi pub lic c tr transp sportatio ion.

SNAPSHOT OF INDUSTRIAL PORTFOLIO INDUSTRIAL MACHINE PACKAGING AUTOMOTIVE & PARTS PAPER & PAPER PRODUCTS PLASTICS & RUBBER CHEMICAL PRODUCTS FOOD ROBOTICS PHARMACEUTICAL RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 13 13

OPTIONS OF STARTING A BUSINESS NON-FREE FREE ZONE ENTITY OFFSHORE ZONE ENTITY  100% foreign ownership for  100% ownership  Offshore formation manufacturing and industrial  No customs duties on imported and re-  Available through RAK International or exported goods Corporate Centre (RAK ICC)  In association with a UAE Partner (51% / 49%)

WHAT WE STAND FOR CU CUSTOMISABLE FAS AST T AND AND EFFI EFFICIENT FACI CILITIES AND AND ONE-STOP SH ON SHOP OP SET SET-UP PROCESSES SERVICES SER OVER 14,500 EAS ASE OF OF 38.6 MILLION M 2 MULTINATIONAL DOING DOIN OF OF IND NDUSTRIAL L COMPANIES BU BUSI SINESS SS ZONES RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 15 15

OFFICES SHARED WORKSTATIONS CUSTOMISED FACILITIES TO FIT EVERY BUSINESS NEED LAND FOR DEVELOPMENT WAREHOUSES

DIVERSE LICENCE TYPES TAILORED TO FIT YOUR BUSINESS NEEDS INDUSTRIAL EDUCATIONAL E-COMMERCE GENERAL TRADING Manufacturing, importing, Trading in goods and services Trading in Opening an education-related packaging and exporting products via electronic means multiple goods institution or consultancy company PROFESSIONAL SERVICE COMMERCIAL MEDIA Trading in services Operating media-related For individuals who provide Conducting services or and goods business activities professional services consultancies across any industry RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 17 17

AL HULAILA INDUSTRIAL ZONE IND TOTAL AREA: 1.3 MILLION M 2 5 RAKEZ RA SPECIALISED BUSINESS ZONE ECONOMIC ZONES TOTAL OFFICES: 850 AL HAMRA RA RAKEZ INDUSTRIAL ZONE IND ACADEMIC ZONE TOTAL AREA: 9.1 MILLION M 2 TOTAL AREA: 4 MILLION M 2 AL GHAIL IND INDUSTRIAL ZO ZONE TOTAL AREA: 28.2 MILLION M 2 RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 18 18

3 INDUSTRIAL ZONES CATERING TO YOUR NEEDS AL GHAIL INDUSTRIAL ZONE AL HAMRA INDUSTRIAL ZONE AL HULAILA INDUSTRIAL ZONE RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 19 19

SETTING UP A BUSINESS IS AS EASY AS 1, 2, 3 3 1 2 PROCE PR CEED WIT ITH CUSTOMISE SUBMIT PAYMENT & YOUR APPLICATION RE RECEIVE YOUR BU BUSI SINESS & DO DOCUMENTS PACKAGE LICE LICENCE

ONE-STOP SHOP - ALL YOUR SERVICES IN ONE LOCATION LE LEASING LIC LICENSI SING VIS ISA SER ERVICES SER ERVICES SER ERVICES KEY EY ACCOUNTS FAST TRACK / VIP PORTAL 360 DESK E-SERVICES

OUR PARTNERS 24/7 facilitation of federal and emirate level approval, allowing clients to focus on their operations, while we take care of the administration. Visa Import and Environmental Permit Services Export Support for Industrial Projects Cust stoms Depa partment nt Federal Authority for Identity & Citizenship Environ onment nt Prot otec ection on and d Devel elop opment ent Autho hority Notary Public and Utility Building Permit Labour Affairs Services and Certifications RAK K Cour urt FEWA RAK K Civil Defe fens nse RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 22 22

SELECTION OF OUR SUCCESSFUL CLIENTS Alok okoz ozay ay Strei eit Gr Grou oup KNAUF KNA Proj ojec ector or La Lamp p Hous use Euroc ocap ap Oren en Hydroc ocarbo bons ns Ni Niho hon n Mes Mesh h Ko Kogy gyo o UA UAE (FM FMCG) (Manu nufa factu turin ring) (Manu nufa factu turin ring) (Co Consu sumer er Elec ectron tronic ics) (Manu nufa factu turin ring) (Ch Chem emic icals) (Manu nufa factu turin ring) Swi witchi hing ng Autom omat ation n System ems s Guar Gu ardi dian n Knight Kn htrider der Techn hnol olog ogies Zamil Steel el Ki Kirby by Fran anke e Asho hok Le Leyland nd (Energ nergy) (Manu nufa factu turin ring) (Manu nufa factu turin ring) ) (Manu nufa factu turin ring) (Manu nufa factu turin ring) (Manu nufa factu turin ring) (Au Autom tomotiv tive) ) Power erBar ar Vesu Ve suvius s Saver er Gl Glass ass Eter erni nity Techno nologies es Spatial Compos osites es Ahmad ad Tea a (Eng nginee eerin ring) (Manu nufa factu turin ring) (Manu nufa factu turin ring) (Autom tomotiv tive) (Manu nufa factu turin ring) (FM FMCG) RAS AL KHAIMAH ECONOMIC ZONE RAS AL KHAIMAH ECONOMIC ZONE 23 23

THANK YOU