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Made by Entrepreneurs


RAK OFFSHORE is the result of the extraordinary vision of H.H. Sheikh Saud Bin Saqr Al Qasimi, the Crown Prince and Deputy Ruler of Ras Al Khaimah. That vision has been turned into reality by Dr. Khater Massaad, the CEO of RAK Investment Authority (RAKIA). As successful entrepreneurs themselves, they have an intimate understanding of the needs and requirements of the business world. RAK OFFSHORE offers everything business enterprises need to excel in today’s highly competitive environment.

RAK OFFSHORE is designed to fill a clear gap in the regional and worldwide offshore opportunities available to businesses and financial companies. A real need exists among investors and investment professionals in the Gulf, Middle East, Russia and other CIS countries, Europe and South Asia for an offshore location in the region and RAK OFFSHORE has been conceived to address that need.


RAK OFFSHORE is the much awaited answer for the offshoring and outsourcing needs of a wide variety of investors:

  • Multinational Companies
  • High Net Worth Individuals
  • Family Businesses, Low Profile Companies
  • Banks, Insurance Companies, Fund Management Firms
  • Licensed Ancillary Services
         
  Multinational
Companies		 Family Business
and SMEs		 Individuals Ancillary Services
(Including Maritime)
         
International Business Companies
Trusts (General and Corporate Trusts)  
Collective Investment Schemes (Funds)  
Offshore Banking
Private Boats Registration
Outsourcing of Financial Services
(Accouting, Audit, Customer Service, etc.)		    
         

 

 

RAK OFFSHORE aims to be a regional business hub with unique competitive advantages that will appeal to a wide variety.   

 

A strategic location at the crossroads of East and West with access to a market of over 2 billion people, from Morocco to China, and from Russia to Africa.

A modern telecommunication and transportation infrastructure with well-developed road, air and sea transport facilities.
    
No restrictions on hiring manpower and easy access to a large pool of well-qualified and trained professionals.    

Part of the United Arab Emirates, one of the most financially and politically stable countries in the region and worldwide.    

A local government that is fast and efficient with minimum regulation and red tape, and a strong commitment to encouraging business and investment.    

A tax-free environment, with numerous bilateral non-double taxation treaties with many countries ( more than fifty ) including India and European countries.

A well-developed financial regulatory framework that includes strict compliance for international anti-money laundering regulations.

A local currency linked to the US Dollar to ensure a stable exchange rate with no currency fluctuation.

The experience and expertise of the RAK Investment Authority which has already registered more than 9,000 free zone industrial and trade companies in a very short time.
 

 

 
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