• Examples for the legal reduction of corporate taxes

• DTA permanent establishment concept

• Our services and fees

• Parent companies and their subsidiaries in the European Union

• OECD: Articles of the Model Convention with Respect to taxes on income and on capital

• Beware of cheap founders!

• Information about the company formations in English

• Worldwide Registries

• Table of Fees:  International Business Formations

• Basic considerations within the framework of international taxation

• About RAK - USES OF OFFSHORE COMPANIES - OFFSHORE COMPANY FORMATION - Index RAK

About RAK

Ras Al Khaimah, located at the north end of the coast of the Arabian Gulf, is one of the seven Emirates that form the United Arab Emirates.

Ras Al Khaimah is nestled between the Hajjar Mountains on the East and the Arabian Gulf on the West and shares mountainous borders with the Sultanate of Oman.

H.H. Sheikh Saqr bin Mohammed Al Qasimi has been the Ruler of Ras Al Khaimah since 1948. His son, H.H. Sheikh Saud bin Saqr Al Qasimi was appointed Crown Prince and Deputy Ruler in June 2003.

 Ras Al Khaimah has earned its reputation as a pre-eminent commercial centre with an innovative, dynamic and entrepreneurial business culture. Strategically located at the crossroads of trade and commerce between East and West, it is ideally positioned to service and access markets that span the Middle East, Africa, the Indian Subcontinent and the CIS countries. Moreover, it occupies a time zone that allows it to connect markets like the Far East and the US. To leverage this advantage, it is developing a worldclass infrastructure, air and port facilities, making it the most well-connected hub in the region.

RAK economy is based on leveraging on natural topography, consisting of 65 km of coastal silver sandy beaches, Majestic mountains on the eastern side for hill resorts, unspoilt desert plain in the central region for commercial & industrial projects and green belt in the southern side for agriculture developments. RAK is indeed blessed with abundance of natural beauty on one hand and unique location on the other which has allowed to strategize the economic development on two pillars, namely, Tourism & Industry

The city of Ras Al Khaimah, the capital of the Emirate, is divided into two parts by a creek. The western part, known as "old Ras Al Khaimah", comprises government departments, educational institutions, shopping malls, hotels as well as residential areas and new construction projects. The eastern part, known as Al Nakheel, houses the Emiri Court, some government departments, markets, Ras Al Khaimah Exhibition Center, hospitals and residential areas housing the majority of the city's population. The two parts of the city are linked by a bridge and a network of modern roads.

Key Statistics

Area : 2468 km²
Coastline : 65 km
Population : 250'000
Languages : Arabic and English
Currency : Dirham (AED 3.67 = 1USD)
Crime rate : Close to Zero

Key Statistics

As the most northern emirate in the United Arab Emirates and a 45 minutes drive by car from Dubai, Ras Al Khaimah (Arabic: The top of the tent) offers swift and easy access to neighboring countries throughout the Gulf and beyond. It is the closest emirate to the main shipping lane traversing the Strait of Hormuz and to all of the northern markets such as Iran, Pakistan, India, the CIS countries and the fast emerging China
 

Why RAK

Ras Al Khaimah (RAK) has undergone a paradigm shift in the last few years since it joined the United Arab Emirates in 1972. It is strategically located in the Arabian Gulf and forms the gateway to most of the countries in the Middle East. There have been fundamental and significant changes to the investment policies that have enabled an environment conducive for global businesses to locate their operations in RAK.

RAK is witnessing an unprecedented growth surge with the rolling out of ambitious development plans including investments in real estate, infrastructure tourism, manufacturing and service sectors. It has become a landmark, as an important destination of foreign investment.

The RAK government is proactive and encourages the concept of free enterprises to attract investment for overall progress and development of the Emirate.

The comparative advantages of availability of land and relative ease in setting up business offers potential investors easy access to their respective markets.