10 reasons to invest in Northern Emirates
RAK is an extremely favorable business environment which is confirmed by the following 10 reasons: Emerging Markets Emerging Opportunities
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1.
Very stable economic and political environment. Supportive government policies.
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2.
Ideal location (readily accessible from Asia, Europe and the rest of the UAE).
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3.
Excellent Sea port and International Airport facilities with easy international access. Saqr Port which is one of the most active Gulf seaports equipped with the latest facilities.
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4.
An active airport, RAK International Airport.
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5.
RAK Free Trade Zone (100% ownership and 100% repatriation of capital allowed).
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6.
Continued growth in new hotels, residential compounds and entertainment resorts with pleasant ambience (scenic mountains and clean beaches).
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7.
RAK Emirate expects 2.5 M tourists a year by 2012
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8.
The RAK Government is committed to develop RAK through welcoming prospective investors with open arms. Business laws have been enacted to make investing as friendly (or easy) as possible.
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9.
100% income and corporate tax exemption.
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10.
Booming Economy: growth currently at 15% compared to 2.5% in the UK