RAKEZ has established itself as a one-stop shop for investors, offering a range of business solutions and services, including licensing, leasing, visas, and legal services. It has also introduced several initiatives to attract more businesses to the free zone, such as the BusinessWomen package, which offers special benefits and incentives to women entrepreneurs, and the Academic Zone, which aims to create a hub for academic institutions and research centers in the region. RAKEZ has also implemented a customer-centric approach to ensure that its clients receive personalized and efficient services.
Its customer service center operates 24/7 and offers multilingual support to cater to clients from different countries and backgrounds. Furthermore, RAKEZ provides a business-friendly environment with no personal or corporate income tax, no restrictions on capital repatriation, and no currency exchange controls. This, along with its modern infrastructure and world-class facilities make RAKEZ an attractive destination for businesses seeking to establish a presence in the UAE. Overall, RAKEZ is playing a crucial role in the economic development of Ras Al Khaimah by attracting local and foreign investment, creating job opportunities, and contributing to the emirate’s overall growth and prosperity.