INVESTMENT OPPORTUNITIES IN THE
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INVESTMENT OPPORTUNITIES IN THE UNITED ARAB EMIRATES AND RAS AL KHAIMAH by Gulay Avci / Regional Manager of RAK Free Trade Zone. 21 October 2014. Welcome to The United arab emirates.

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21 October 2014

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21 october 2014

INVESTMENT OPPORTUNITIES IN THE

UNITED ARAB EMIRATES AND RAS AL KHAIMAH

by

Gulay Avci / Regional Manager of RAK Free Trade Zone

21 October 2014


Welcome to the united arab emirates

Welcome to The United arab emirates

The stability, security and safety of the UAE, combined with its infrastructure, logistics services and strategic geographic location, make it a perfect launch pad to a wide variety of markets across the world.

  • Europe

  • Middle East

  • Africa & South Asia

76% of World’s Population

31% of World’s Population

Within Easy Flight

53% of World’s GDP

11% of World’s GDP

4 hours

8 hours


World class infrastructure

WORLD-CLASS infrastructure

Proven infrastructure in the UAE eases supply chain barriers. UAE has extremely well developed transport, water, electricity, and telecommunications infrastructure. In addition, the UAE is investing USD $81 Billion in additional enhancements to its world class infrastructure.

  • USD $36 Billion

  • Abu Dhabi - Khalifa Port

  • Dubai - Jebel Ali

  • RAK - Saqr Port

  • USD $11 Billion

  • Etihad Rail

  • USD $44 Billion

  • DWC Al Maktoum

  • DXB Expansion

  • RAK Airport


Top global ranking for logistics

TOP GLOBAL ranking for logistics

The UAE is currently ranked 17th in the World Bank’s Logistics Performance Index (LPI), and ranked within the top 20 in all six LPI categories.

Top 20

LPI Categories

Customs and Border Efficiency

Ease of Arranging Shipments

On Time Delivery

Ranked 17th

Ranked 13th

Ranked 15th

Ranked 17th

Ranked 18th

Ranked 15th

Quality of Infrastructure

Quality of Logistics Services

Track & Trace

The Logistics Performance Index (LPI) is a benchmarking tool based on a worldwide survey ranking the logistics “friendliness” of the countries heavily involved in trade.


Ranked no 1 among emerging markets

RANKED NO. 1 among emerging markets

Logistics efficiency makes the UAE the best positioned country to enable companies to enter emerging markets.

Reducing supply chain barriers to trade could increase GDP up to six times more than removing tariffs. The effects of reducing barriers are not gradual; changes occur when tipping points are reached.

Source: World Economic Forum


Stable and diversified banking system

Stable and diversified BANKING SYSTEM

  • Financial and monetary stability & sophisticated banking system

  • Extensive credit facilities

  • Various choices of financial service providers

    • 28 foreign international banks

    • 23 local UAE banks

    • Sharia compliant Islamic Banking

  • Multiple currency account options

    • Non-resident accounts in domestic currency, freely convertible into foreign currency

    • Offshore accounts

  • Straightforward process for opening accounts with standard business documents

    • Valid trade license or certificate of incorporation

    • Power of attorney or Board resolution

    • Passports, including resident permits, of key people


Tax free corporate profits

tax-free Corporate profits

The UAE has a tax-free policy,

meaning;

No corporate tax

No salestax

No withholding tax

No personal tax

  • Only oil, gas and petrochemical companies and branch offices of foreign banks are required to pay taxes

  • All other corporate profits are tax-free


Tax free corporate profits1

Ras Al Khaimah is governed by His Highness Sheikh Saud bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah

Extremely safe, secure and stable emirate; with Fitch rating of A

Very diversified, dynamic economy with free zone opportunities for foreign investment, as well as freeholds and joint ventures

Average GDP growth of 8% annually since 2011

Home to 12,000 international businesses across nine free zone parks

Headquarters to industry leaders such as RAK Ceramics, Julphar Pharmaceuticals and RAK Bank

tax-free Corporate profits


Rak free trade zone authority

RAK FREE TRADE ZONE AUTHORITY

  • The Ras Al Khaimah Free Trade Zone (RAK FTZ) is a cost-effective gateway for Europe, North Africa, the Middle East and South Asia.

  • RAK FTZ is one of the fastest-growing free zones in the UAE, with more than 7,500 companies from over 100 countries, representing more than 50 industry sectors.

  • Established in 2000 RAK FTZ provides its clients with a tax-free environment, fast-track visas, freedom to source labour and materials globally, and ongoing business support services such as advertising, procurement, event management, recruitment and training assistance

  • RAK FTZ provides the same free zone benefits and top-notch facilities that are available elsewhere in the UAE, but for substantially lower costs, allowing clients to maximise their return on investment.

  • Ras Al Khaimahoffers strategic access to the UAE’s major logistical centers and emerging world markets.

H.H. Sheikh Ahmad Saqer Mohamed Al Qasemi

Chairman, RAK Free Trade Zone

Member of Ruling Family of the Emirate of Ras Al Khaimah


Rak ftz offers numerous benefits to its clients

RAK FTZ offers numerous benefits to its clients

100% Ownership

No Taxation

Value-Added Services

Benefits

No Customs Duty on

Re-Exported Goods

Range ofFacilitiestoSuit Business Need

Ease & Speed in Registering Company

Flexible Labour

(noquotas)

Visas


Complete solutions facilities

complete solutions & facilities

Business Licence

Legal Entities

Facilities

  • Free Zone (FZC/FZE)

  • Foreign Branch

  • Local Branch

  • Foreign Subsidiary

  • Flexi-Desk/Office

  • Standard & Executive Offices

  • Shell & Core Office

  • Warehouse

  • Land ready for development

  • Commercial

  • General Trading

  • Consultancy/Service

  • Industrial


Ease and speed in registering a company

Ease and speed in registering a company

Setting up a business in Ras Al Khaimah is quick and easy. RAK FTZ provides comprehensive packages to get your business up an running in the UAE.

Everything you need to start operations within two weeks.

  • Pre-Approval

    • Convenient on-line application form

    • Affordable packages starting from US$4000

  • Submit Documentation

    • Application form

    • List of trade names

    • Project description

    • Other relevant legal documents

  • Process Payments

    • Cash, 2-3 days

    • Cheque, 4-6 days

    • International transfer, 6-9 days

  • Open for Business

    • Assistance with visa process

    • Access to RAK FTZ’s value added services

  • Receive Business License and

  • Lease Deed

    • Fast track service

  • FZC and FZE Requirements

    • Certificate of Formation

    • Bank letter

    • Associated legal documents


Success story from france belgium

Success story from France & belgium

PGS Group is a French and Belgian-based, global manufacturer of wooden pallets with a Middle East subsidiary in Ras Al Khaimah Free Trade Zone.

  • Founded in France in March 1993 with a small workshop of 478 square yards. Now has six factories, 13 manufacturing sites and 28 pallet reconditioning sites, with an annual production of more than 25 million new and reconditioned pallets.

  • In 2013, achieved a consolidated turnover of €170 million. Now has nearly 1,000 employees and more than 5,500 customers.

  • Announced that it was expanding to RAK Free Trade Zone in May 2014 after reviewing the free zone’s strategic geographical location, top-notch facilities, award-winning business set-up services and substantially lower set-up costs, allowing for maximum return on investment.

  • Looking forward to reaching €500 million in the next five years and further expanding its facilities in RAK FTZ.


21 october 2014

THANK YOU

FOR YOUR

ATTENTION


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