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