+971 4 327 7775 dubai@hlbhamt.com


Ras Al Khaimah Investment Authority (RAKIA), established in 2005, is part of a long-term strategy to promote the sustainable social and economic development of Ras Al Khaimah by diversifying the emirate’s economy and ultimately establishing Ras Al-Khaimah as a regional hub for industrial manufacturing, trade and commerce.RAKIA has been able to attract close to US$ 1.2 billion investment in less than 2 years ago in diverse and strategic fields. RAKIA has pharmaceuticals, electronics, renewable energy, heavy engineering, health & education, consumer products, tourism, automotive companies.

Type of Licence Available

  • Commercial
  • Industrial
  • Consulting/Service
  • Media

RAKIA Advantages

  • 100% foreign owned enterprise
  • 100% repatriation of capital & profits
  • 100% Corporate, personal income tax exemptions
  • Exemption of import & export taxes
  • No foreign exchange control
  • Avoidance of double taxation with many countries
  • Absence of restrictions on hiring of expatriates
  • Liberal labour laws
  • Up to 30 per cent lower cost of doing business than other locations in the region
  • One-Stop –Shop for all investor’s needs
  • Well-developed industrial infrastructure
  • Cost Competitiveness & logistics advantage
  • Comprehensive master planning for growth
  • Stable Government and investor friendly policies

HLB Hamt’s business setup services

HLB Hamt will work with you to handle your business setup in UAE from start to finish.

HLB Hamt will help you evaluate the structure that will work best for your company. We give strategic inputs, help you evaluate and select free zones, work with you on your business plan, handle paperwork and documentation formalities. In short, we handle everything you need.

With HLB Hamt, you get the combination of our deep local knowledge and extensive experience, which gives us the ability to precisely understand the unique needs of your business. We are thus able to recommend the best possible options and ensure that your business is set up with minimal hassles and effort.

We handle the details for you, so you’re free to concentrate on the bigger picture – your business.

In RAK, the other lucrative company formation options are

To request a preliminary free consultation to discuss the type of corporate structure that will suit your needs best, please write to us by filling in the form on the top of this page

+971 50 749 0576

+971 4 327 7775

+971 4 327 7677