Wednesday, 27 July 2011

Ras Al Khaimah Free Trade Zone invites Indian entrepreneurs to set up overseas business




Indian SME sector is poised to be a key market even for global economies. Realising the rapid growth and huge potential among Indian SMEs, RAS Al Khaimah Free Trade Zone authority (UAE) is holding an exclusive interactive session for entrepreneurs in Delhi. With an initial investment of only Rs 2.3 Lakh, Indian businessmen have the opportunity to set up an office in UAE. 100 percent capital and profit repatriation is allowed and there is no tax on the income.
A high-level delegation from the Ras Al Khaimah Free Trade Zone Authority (Government of Ras Al Khaimah - United Arab Emirates) will be at The PHD Chamber of Commerce & Industry, PHD House New Delhi from 26th July to 28th July 2011 to meet and assist businessmen in setting up a business operation United Arab Emirates.

“The 3 days interactive meet will be a unique opportunity for Indian entrepreneur to chalk out overseas expansion of their businesses. Besides, elaborating the facilities, services and different types of licenses available to set up business, the delegation will closely assist in the setting up of company in RAK Free Zone in UAE” said Bissoon Surnam, Regional Manager India, and Marketing & Sales.
According to Oussama El Omari, RAK FTZ CEO, “As we celebrated our 11th anniversary this year, we are looking to strengthen our positioning as a business hub geared at helping SMEs connect to emerging market economies. Our target is to increase registrations by 15 per cent by the end of the year. We are also focusing on providing more value added services for our clients with the launch of our Mazeed Services. Delhi NCR, presents huge potential, with a large number of SMEs operating in different sectors, which want to expand overseas,”
“Our mission is to attract and maximise the growth of value-added, know-how-based, technologically-advanced and innovative businesses in Ras Al Khaimah and to help UAE companies expand via a global office network,” El Omari added. El Omari is positive that the RAK FTZ’s Delhi Road Show and the great opportunities it offers will be welcomed by the local business community.
The RAK FTZ trade team will hold an orientation on all the 3 days, introducing RAK FTZ and detailing the products and services the free zone has to offer with special focus on its cutting-edge technology; value-added services, such as the RAK FTZ Liaison Office in Mumbai, to make it easier for international office to receive information and assistance; friendly staff; and a no-hassle, no-red tape, transparent business policy. All sessions are interactive with participants welcome to inquire and register during the sessions.
“RAK FTZ has developed an array of first-class business centres across the UAE, which offer a wide range of business solutions to meet the evolving and ever-growing business demands. Our offices and facilities offer turn-key solutions and provide an instant and comprehensive business environment with flexible terms and minimal investment, enabling companies to establish a powerful business presence throughout the world by shortening their incubation period,” he expounded. 

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