RAKEZ, short for Ras Al Khaimah Economic Zone, is a leading business and industrial hub in the United Arab Emirates (UAE). With its strategic location, state-of-the-art infrastructure, and investor-friendly policies, RAKEZ has been successful in attracting investors from around the world. One of the regions where RAKEZ has made significant connections is with India, the second most populous country in the world.
India and the UAE share a strong bilateral relationship, with trade and investment being key components. RAKEZ has recognized the potential of the Indian market and has taken proactive steps to connect with Indian businesses and entrepreneurs. This has resulted in numerous opportunities for Indian companies to expand their operations and tap into the Gulf and Middle East markets.
One of the key highlights of RAKEZ’s collaboration with India is the establishment of the Indian Business Pavilion. This dedicated space within RAKEZ serves as a one-stop-shop for Indian companies looking to set up their businesses in Ras Al Khaimah. The pavilion offers a range of services, including assistance with company registration, licensing, and visa processing, making it easier for Indian entrepreneurs to navigate the business setup process.
Moreover, RAKEZ has been actively organizing trade missions and business forums in India to promote investment opportunities in Ras Al Khaimah. These events bring together Indian investors, entrepreneurs, and government officials to explore potential partnerships and collaborations. By fostering these connections, RAKEZ aims to strengthen the economic ties between India and the UAE, benefiting both countries.
The strategic advantages of setting up a business in Ras Al Khaimah cannot be overlooked. The emirate offers a tax-friendly environment, with no corporate or income taxes, making it an attractive destination for Indian companies seeking to optimize their profits. Additionally, RAKEZ provides world-class infrastructure, including state-of-the-art industrial parks, free zone facilities, and modern office spaces, offering businesses a conducive environment to thrive.
Another significant advantage that RAKEZ offers Indian companies is its proximity to major markets in the Gulf region, the Middle East, and Africa. Ras Al Khaimah’s strategic location allows easy access to these markets, opening up a plethora of business opportunities. Furthermore, RAKEZ provides excellent logistics and transportation facilities, including ports and airports, ensuring efficient movement of goods and services.
RAKEZ’s commitment to supporting Indian businesses goes beyond just providing infrastructure and services. The economic zone also offers various incentives and benefits to attract Indian investors. These include reduced setup costs, flexible lease terms, access to a skilled workforce, and streamlined procedures for business setup and licensing. Such incentives enhance the overall competitiveness of Indian companies operating in Ras Al Khaimah.
The collaboration between RAKEZ and India has already borne fruit, with several Indian companies successfully establishing their presence in Ras Al Khaimah. These companies operate across various sectors, including manufacturing, trading, logistics, construction, and healthcare, among others. Their success stories serve as inspiration for other Indian entrepreneurs looking for new avenues to expand their businesses.
In conclusion, RAKEZ’s connection with India has opened up a world of opportunities for Indian businesses. The strategic location, investor-friendly policies, and state-of-the-art infrastructure of Ras Al Khaimah make it an ideal destination for Indian companies seeking to expand their operations and tap into new markets. With its dedicated Indian Business Pavilion, trade missions, and incentives, RAKEZ is actively fostering economic ties between India and the UAE, creating a win-win situation for both countries.
