Lowtax Launches New Jurisdiction: Ras Al Kaimah

Ras Al Kaimah is the northern-most of the emirates in the UAE. Strategically located between Africa and the Middle East and between the Far East and Europe, it is a gateway to over 1.5 billion consumers located in countries surrounding the Red Sea and the Gulf.

Assisted by the Ras Al Khaimah Free Trade Zone, home to more than 5,000 companies, the economy surged ahead in 2005, growing almost 20%, while foreign trade has almost doubled in the meantime. Combined with a favourable tax environment, which includes a number of double tax treaties, Ras Al Khaimah is fast becoming a competitive site for offshore investors.

A modern complex known as the RAK Financial City is under development, which is intended to become the home of the RAK Investment Authority’s offshore facility, specializing in trusts, foundations, insurance business, funds and other financial and legal services which are in demand from global investors. Developed on an area of 320,000 square meters, it will include 12 towers ranging from 25 to 65 floors designed for both office and residential use.

Read the full Ras Al Kaimah Knowledge Base here.

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Our readers are a potent mix of tax and finance professionals, offshore professionals and intermediaries, international business executives and entrepreneurs, financial advisors, high net worth individuals, expats and globally mobile investors.

The Lowtax Service Providers' Directory offers firms the ability to highlight their services to one of the web's largest specialised tax, legal and offshore audiences. In conjunction with the new Lowtax jurisdiction pages we have launched the Ras Al Kaimah section of the Directory. There are a limited number of advertising and marketing opportunities available within the new RAK Knowledge Base and RAK Services Providers' Directory.

To list your company, or for further details about the Lowtax Service Provider's Directory please contact: directory@lowtax.net

The Lowtax Ras Al Kaimah Knowledge Base is sponsored by WorldWide Formations