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

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INTRODUCTION TO RAS AL KHAIMAH ECONOMIC ZONE

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RAS AL KHAIMAH ECONOMIC ZONE 2 RAS AL KHAIMAH ECONOMIC ZONE 2

INTRODUCTION TO RAKEZ

Online Video

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RAS AL KHAIMAH ECONOMIC ZONE 3 RAS AL KHAIMAH ECONOMIC ZONE 3

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

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RAS AL KHAIMAH ECONOMIC ZONE 4 RAS AL KHAIMAH ECONOMIC ZONE 4

UAE GLOBAL COMPETITIVENESS

Source: World Bank, World Economic Forum & IMD

• Ease of Doing Business Philosophy
• Emerging Tourist Destination
• Cost-Effective Business Environment
• Strong Sovereign Credit Rating

GLOBAL COMPETITIVENESS

1

Globally

Macroeconomic Stability

7

Globally

Global Competitiveness

11 11

Globally

Product Market

15 15

Globally

Infrastructure

EASE OF DOING BUSINESS

15 15

Globally

Protecting Investors

11 11

Globally

Ease of Doing Business

9

Globally

Enforcing Contracts

5

Globally

Dealing with Construction Permits

LOGISTICS PERFORMANCE INDEX

4

Globally

On-Time Delivery

15 15

Globally

Customs and Border Efficiency

5

Globally

Ease of Arranging Shipments

10 10

Globally

Quality of Logistics Infrastructure

13 13

Globally

Quality of Logistics Services

13 13

Globally

Track & Trace

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RAS AL KHAIMAH ECONOMIC ZONE 5 RAS AL KHAIMAH ECONOMIC ZONE 5

RAS AL KHAIMAH IS PART OF THE UNITED ARAB EMIRATES

*2016 estimates from RAK Centre for Statistics & Studies

Very diversified, dynamic economy GDP: AED 36.3 BN (USD 9.9 BN)* Extremely safe, secure and stable emirate; with Fitch rating of ‘A’ and S&P rating of ‘A’

Other Services, 7% Quarrying, Oil & Gas, 7% Agriculture, 4% Transport, Storage, Communication, 6% Construction, 8% Finance, 9% Real Estate & Business Services, 10% Government Services, 11% Wholesale & Retail Trade, 12% Manufacturing, 26%

GDP BREAKDOWN 2015

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RAS AL KHAIMAH ECONOMIC ZONE 6 RAS AL KHAIMAH ECONOMIC ZONE 6

LESS THAN AN HOUR’S DRIVE FROM DUBAI INT’L AIRPORT

4-HOUR FLIGHT TIME

TO 31% OF THE WORLD’S POPULATION

8-HOUR FLIGHT TIME

TO 76% OF THE WORLD’S POPULATION

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WORK LIVE PLAY

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DOING BUSINESS IN RAK IS AS EASY AS 1, 2, 3

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

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RAS AL KHAIMAH ECONOMIC ZONE 9 RAS AL KHAIMAH ECONOMIC ZONE 9

25-50% LOWER

THAN NEIGHBOURING

REGIONS

COST OF SETTING UP A BUSINESS COST OF RUNNING A BUSINESS COST OF LIVING

COST-EFFECTIVENESS & OPTIMISATION

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NO CORPORATE TAX NO INCOME TAX

NO WITH- HOLDING TAX DOUBLE TAXATION TREATIES

A TAX FREE ENVIRONMENT

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RAS AL KHAIMAH ECONOMIC ZONE 11 RAS AL KHAIMAH ECONOMIC ZONE 11

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

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DID YOU KNOW THAT RAK PRODUCES…

…rocks used to build Palm alm Ju Jumeir irah. … beddings used in most

• f UAE’s 5-star hot

hotels ls. …buses for GCC’s pub publi lic c tr transp sportatio ion. …ceramics used to build the tallest building in the world, Burj Burj Kha Khali lifa.

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RAS AL KHAIMAH ECONOMIC ZONE 13 RAS AL KHAIMAH ECONOMIC ZONE 13

SNAPSHOT OF INDUSTRIAL PORTFOLIO

INDUSTRIAL MACHINE PACKAGING AUTOMOTIVE & PARTS PAPER & PAPER PRODUCTS PLASTICS & RUBBER CHEMICAL PRODUCTS FOOD ROBOTICS PHARMACEUTICAL

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OPTIONS OF STARTING A BUSINESS

OFFSHORE

• Offshore formation
• Available through RAK International

Corporate Centre (RAK ICC)

• 100% foreign ownership for

manufacturing and industrial

• r
• In association with a UAE Partner (51% / 49%)

NON-FREE ZONE ENTITY

• 100% ownership
• No customs duties on imported and re-

exported goods

FREE ZONE ENTITY

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RAS AL KHAIMAH ECONOMIC ZONE 15 RAS AL KHAIMAH ECONOMIC ZONE 15

WHAT WE STAND FOR

CU CUSTOMISABLE FACI CILITIES AND AND SER SERVICES FAS AST T AND AND EFFI EFFICIENT SET SET-UP PROCESSES ON ONE-STOP SH SHOP OP EAS ASE OF OF DOIN DOING BU BUSI SINESS SS OVER 14,500 MULTINATIONAL COMPANIES 38.6 MILLION M2 OF OF IND NDUSTRIAL L ZONES

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SHARED WORKSTATIONS OFFICES WAREHOUSES LAND FOR DEVELOPMENT

CUSTOMISED FACILITIES TO FIT EVERY BUSINESS NEED

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RAS AL KHAIMAH ECONOMIC ZONE 17 RAS AL KHAIMAH ECONOMIC ZONE 17

DIVERSE LICENCE TYPES TAILORED TO FIT YOUR BUSINESS NEEDS

E-COMMERCE

Trading in goods and services via electronic means

EDUCATIONAL

Opening an education-related institution or consultancy company

GENERAL TRADING

Trading in multiple goods

MEDIA

Operating media-related business activities

INDUSTRIAL

Manufacturing, importing, packaging and exporting products

PROFESSIONAL

For individuals who provide professional services

SERVICE

Conducting services or consultancies across any industry

COMMERCIAL

Trading in services and goods

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RAS AL KHAIMAH ECONOMIC ZONE 18 RAS AL KHAIMAH ECONOMIC ZONE 18

SPECIALISED ECONOMIC ZONES

AL HAMRA IND INDUSTRIAL ZONE

TOTAL AREA: 9.1 MILLION M2

RA RAKEZ ACADEMIC ZONE

TOTAL AREA: 4 MILLION M2

RA RAKEZ BUSINESS ZONE

TOTAL OFFICES: 850

AL HULAILA IND INDUSTRIAL ZONE

TOTAL AREA: 1.3 MILLION M2

AL GHAIL IND INDUSTRIAL ZO ZONE

TOTAL AREA: 28.2 MILLION M2

5

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RAS AL KHAIMAH ECONOMIC ZONE 19 RAS AL KHAIMAH ECONOMIC ZONE 19

AL GHAIL INDUSTRIAL ZONE

INDUSTRIAL ZONES CATERING TO YOUR NEEDS

AL HAMRA INDUSTRIAL ZONE AL HULAILA INDUSTRIAL ZONE

3

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SETTING UP A BUSINESS IS AS EASY AS 1, 2, 3

1

CUSTOMISE YOUR PACKAGE

2

SUBMIT APPLICATION & DO DOCUMENTS

3

PR PROCE CEED WIT ITH PAYMENT & RE RECEIVE YOUR BU BUSI SINESS LICE LICENCE

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ONE-STOP SHOP - ALL YOUR SERVICES IN ONE LOCATION

FAST TRACK / VIP DESK PORTAL 360 E-SERVICES LIC LICENSI SING SER ERVICES LE LEASING SER ERVICES VIS ISA SER ERVICES KEY EY ACCOUNTS

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RAS AL KHAIMAH ECONOMIC ZONE 22 RAS AL KHAIMAH ECONOMIC ZONE 22

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.

Federal Authority for Identity & Citizenship

Visa Services

Cust stoms Depa partment nt

Import and Export Support

RAK K Civil Defe fens nse

Building Permit and Certifications

Environ

• nment

nt Prot

• tec

ection

• n and

d Devel elop

• pment

ent Autho hority

Environmental Permit for Industrial Projects

FEWA

Utility Services

RAK K Cour urt

Notary Public and Labour Affairs

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RAS AL KHAIMAH ECONOMIC ZONE 23 RAS AL KHAIMAH ECONOMIC ZONE 23

SELECTION OF OUR SUCCESSFUL CLIENTS

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Euroc

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Oren en Hydroc

• carbo

bons ns

(Ch Chem emic icals)

Alok

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(FM FMCG)

Gu Guar ardi dian n

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Swi witchi hing ng Autom

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ation n System ems s

(Energ nergy)

Kn Knight htrider der Techn hnol

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Asho hok Le Leyland nd

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Power erBar ar

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Zamil Steel el

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Ve Vesu suvius s

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Saver er Gl Glass ass

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Eter erni nity Techno nologies es

(Autom tomotiv tive)

Spatial Compos

• sites

es

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Ahmad ad Tea a

(FM FMCG)

Ni Niho hon n Mes Mesh h Ko Kogy gyo

• UA

UAE

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THANK YOU