RAKEZ reveals a holding company to support investors

By Backend Office, Desk Reporter
    Representational Image

    Ras Al Khaimah Economic Zone (RAKEZ) has advertised that it recently began holding company set-up, the latest addition to its wide-ranging products and services that supports investors in Ras Al Khaimah.

    This sort of organizational structure will allow RAKEZ to make secured investments where business owners can possess stock in various ventures and have assets as a corporate entity and control business risks.

    Ramy Jallad
    CEO – RAKEZ Group

    “The UAE is one of the safest and most attractive investment destinations in the region and there are abundant existing and upcoming opportunities in Ras Al Khaimah that global investors can take advantage of. Hence, the addition of the holding structure is a natural progression to our business set-up offerings.”

    “This type of formation allows investors to diversify and manage their investments more efficiently. They can own assets and shares in various companies without these investments affecting each other. A holding structure makes entering and exiting ventures transparent.”

    RAKEZ holding company structure commences at Dh10,535. Investors can choose to enroll under the free zone or mainland jurisdiction with advantages including an introduction to a variety of facilities and the ability to apply for UAE Residence Visa and a corporate bank account.

    Mr. Jallad added that the RAKEZ is “continuously exploring other company set-up structures and solutions in an aim to boost the flow of foreign investments to Ras Al Khaimah and the UAE”.