December 2017

Reminder regarding the Implementation of Security Deposit Policy

We would like to remind you that RAKEZ has introduced a Security Deposit Policy for the leasing of physical facilities, such as standard, executive, shell and core offices, warehouses, retail shops and land plots. Upon the expiration of your lease, the full security deposit will be returned, after officially handing over the facility to the free zone.
[+] Read More

Implementation of VAT in the UAE from 1 January 2018

As you are aware, the United Arab Emirates (UAE) Government has announced the introduction of Value Added Tax (VAT), which will apply in the country from 1 January 2018, as per the Federal Law No. (8) of 2017 on VAT. The supply of goods and services made on or after 1 January 2018 will be subject to 5% VAT unless specifically treated as tax-exempt or zero-rated under the scope of the VAT Law. The UAE Ministry of Finance (MoF) has issued updates and provided clarification as to how VAT will be ap...
[+] Read More
November 2017

RAK Giving Shopping Festival

In support of the United Arab Emirates’ (UAE) Year of Giving initiative, Ras Al Khaimah has launched the Giving Shopping Festival, which will run from 16 to 22 December 2017.
[+] Read More

Introducing RAKEZ’s Feedback Management System

In line with our efforts of providing you with an exceptional customer experience, we are pleased to announce the launching of our Feedback Management System, which allows you to voice out your opinions, concerns & suggestions towards RAKEZ and be heard.
[+] Read More

Martyr's Day & The 46th National Day Holiday

Please be informed that RAKEZ offices will be closed on Thursday, 30 November 2017 to mark the Martyr’s Day and the 46th UAE National Day. Work will resume on Monday, 4 December 2017.
[+] Read More