RAK Investment Authority
RAK Investment Authority, by the government of RAK has been created to attract more domestic and foreign investments in RAK to empower its growth, create more wealth and opportunities so as to improve the standards of living of the people. Some of the advantages of RAKIA are: 100% income and corporate tax exemptions, No income tax, sales tax or wealth tax, No import or export taxes, No restriction on hiring expatriates, 25 years renewable lease agreements, 100% repatriation of Capital & Profits, land at very concessional rates, proximity to entire gulf and global markets.
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RAK International Airport - 41°F
