Global businesses enjoy offshore and free zone benefits with RAKEZ Global Product

  • Date: 17-Aug-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Global businesses enjoy offshore and free zone benefits with RAKEZ Global Product

RAS AL KHAIMAH- Ras Al Khaimah Economic Zone, RAKEZ, continues to increase Ras Al Khaimah's international appeal with the introduction of its Global Product, an innovative midshore free zone set-up that allows investors to redomicile or incorporate a new company through one of RAKEZ's authorised Corporate Service Providers, CSPs.Since RAKEZ Global Product, RGP, is midshore, it merges some of the key offshore and free zone company set-up benefits into one offering. Among its exceptional features include: remote company set-up with e-documents and no physical presence required; ease of domicile migration from within the UAE or globally; and premier facilities options, such as co-working spaces, offices, warehouses and land for development. In addition, investors benefit from zero corporate taxation and access to UAE's 100+ Double Taxation Treaties, and eligibility to apply