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CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road, Mumbai – 400 001.
Tel : 91-22-22021288, 22021330 Fax : 91-22-22026684.
E-mail : info@chemexcil.in
Website : http://www.chemexcil.in
EPC/RAKEZ/21-22 23 March, 2022
ALL THE MEMBERS OF THE COUNCIL
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COMPANY SETUP OPPORTUNITIES AT
RAS AL KHAIMAH ECONOMIC ZONE (RAKEZ), UAE
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Dear Members,
We have been approached by Ras AL Khaimah Economic Zone (RAKEZ) regarding Company Setup Opportunities at RAKEZ.
We understand that RAKEZ is the 2nd Largest & leading investment destinations in the United Arab Emirates (UAE) and the Middle East region. Apart from its strategic location that connects investors to growing markets of the Middle East, North Africa, Europe as well as South and Central Asia, it is an extremely safe, secure & stable emirate with much diversified, dynamic economy with an average GDP growth of 8% annually since 2011.
RAKEZ also holds the reputation of providing customizable business solutions to meet each investor’s needs. The Authority is among the very few economic zones in the UAE offering both free zone and non-free zone entity formation options, in a cost-effective investment environment.
Ras Al Khaimah Economic Zone (RAKEZ) is a leading business destination committed to providing a pro-business environment, regulatory stability and robust infrastructure in the emirate of Ras Al Khaimah (RAK) in the UAE.
RAKEZ provides hassle-free business set-up, state-of-the-art facilities and economical solutions to help clients compete regionally and globally. RAKEZ presents a wide range of solutions and services, including:
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Business licenses (industrial, trading / general trading, commercial, services, tourism and media) with facilities like:
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Industrial land
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Warehouses
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Offices
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Flexi office facilities etc.
Some of the major advantages offered by RAKEZ include:
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Choice of free zone or non-free zone (non-free zone industrial units can benefit from duty free trade all over the GCC region)
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Availability of affordable power and other utilities.
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24 hrs. power supply (FEWA)
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Low lease rates and business set up costs
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RAKEZ Sponsorship for Non-free zone companies (subject to approvals)
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Provision to build warehouses, offices, labor accommodation etc. within the leased land
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Well connected with all major markets in the region.
Owing to the strategic advantages and investor-oriented policies, RAKEZ is home to over 1000 manufacturers and thousands of SMEs.
We are hopeful that your association with RAKEZ will support the members for their growth strategy.
We would also request you to provide the below information which will help RAKEZ understand your company setup requirements such as:
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Brief description of activity of the company: What kind of business licence are you looking for? Commercial for trading or consultancy for service business? (as per the excel sheet attached)
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No. of partners in the company
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Type of facility – Virtual | Physical
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How many UAE Residence visas required?
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Are you planning to hire employees?
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How soon do you want to register your company?
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Activity codes ((as per the excel sheet attached))
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License required for No. of years 1 – 3 – 5
For further information or clarification, please contact
Mr. Ashwin Khanna
Sales Manager (India) – Sales Department
RAS AL KHAIMAH ECONOMIC ZONE
The Capital Building, 202, B Wing, G - Block,
Behind ICICI Building, Bandra Kurla Complex (BKC)
Bandra East, Mumbai 400 051
Mobile No.: +91 77 38011256 Email Address: a.khanna@rakez.com
Feedbacks may be sent to us on our e-mail ids- dg@chemexcil.in, pw@chemexcil.in, rd.ahd@chemexcil.in for records/ further deliberations, if required.
Thanking you
Yours faithfully,
Deepak Gupta
Acting Executive Director
CHEMEXCIL
Encl:-1. RAKEZ - Corporate Presentation
2. RAKEZ ACTIVE BUSINESS ACTIVITIES LICENSE TYPES
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