Freezones RAK Maritime City
Type
Questions and Answers
Date
21 Nov 2023
Source
Freezones Practical Guidance
Jurisdiction
RAK Maritime City
Taxonomy
Freezone General, Companies & Corporate Bodies
What law established this freezone?>>🔗
The RAK Maritime City Free Zone ("RMC Free Zone") was created and is governed by the Ras al Khaimah Emiri Decree No. 21/2009 dated 9 December 2009 (as amended from time to time).
What are the main internal regulations governing this freezone?>>🔗
The main internal regulations of this free zone include the following:
(i) RMC Free Zone Rules 2nd Edition (2017) – these rules set out the basis on which companies may apply for a license and to establish a framework to ensure that all companies undertaking activities in RAK Maritime City do so in a safe, secure and responsible manner, consistent with all applicable laws and international best practices.