Grace Century benefits from offshore headquarters in RAK with abundant
opportunities
Grace Century, an international Research and Private Equity Company located
in Ras Al Khaimah (RAK), United Arab Emirates, boasts of unique advantages
by being based out of an offshore centre compared to any other business hubs
worldwide.
The RAKIA free trade zone provides the infrastructure and facilities for
firms to establish themselves, as well as a business friendly environment.
In addition, it raises awareness of RAK in other markets, both those close
to home such as in Dubai and Abu Dhabi, as well as US, Germany, Turkey and
India. With Grace Century's clients located worldwide, being physically
close to an international hub like Dubai, RAKIA puts them in a convenient
position to operate in a cost effective and conducive atmosphere.
Grace Century is an expert at providing the best and most advantageous
opportunities to its members globally, focusing on the healthcare, life
sciences, financial services and alternative or renewable energies
industries. Located close to Dubai and with RAKIA free trade zones
infrastructure, clients are easy to service.
The UAE has become a hub for trade and commerce with an environment that is
high on investor friendliness. From off shore centers to free trade zones,
everyone is enticed to do business in the region.
Director of Research for Grace Century, Scott Wolf says: "While deciding
where we would establish ourselves, we were spoiled for choice. After
looking at all our options Ras Al Khaimah's easy taxation policy, its free
zones and tailor-made offices was ideal."
He added: "RAK is a growing Emirate and keeping this in mind the Ras Al
Khaimah Investment Authority (RAKIA) has set up a one-stop-shop for small
and medium business set up's which is adding to the development."
Ras Al Khaimah offers multiple advantages over other locations. Setting up a
business is a simple and hassle free affair. All that is required is
up-to-date documentation and the payment of the fees. Some even have a
single-window approach to make things extremely simple. The entire
infrastructure and policies have been evolved and instituted in a manner
that offers the maximum amount of cooperation to investors that are
interested in collaboration.
The nature of this set up enabled Grace to service their network worldwide.
With visa advantages, flexi-desk arrangements and low cost of incorporation,
Ras Al Khaimah and RAKIA provided critical support to Grace Century.
