Ras Al Khaimah Government
The UAE is a federation of seven sheikhdoms: Abu Dhabi
, Ajman, Dubai, Sharjah, Fujairah, Umm Al Quwain and Ras Al Khaimah. These sheikhdoms, signed the General Maritime Treaty with the UK in 1853. After the British withdrawal from the region between 1968 and 1971, and wary of larger neighbors like Iran and Iraq, the sheikdoms drew together to form the modern-day federation of the UAE in 1971. However, RAK did not join the federation.
The emirate joined the UAE federation in 1972 as the last of the seven emirates. The ruler, Sheikh Saqr bin Mohammed Al Qasimi, has been in power since 1948. Since 2002, most of the day to day political and economic operations are carried out by the crown prince and deputy rulers, Sheikh Saud bin Saqr Al Qasimi. Various local government departments have been established to execute numerous functions.
Local government departments include:
* Emiri Court
* Law Court
* Land Department
* Municipality Department
* Public Works and Services Department
* Economic Department
* General Accounts Department
* Oil and Gas Commission
* Ports and Customs Department
* Civil Aviation Department
* Information and Tourism Department
* Broadcasting Corporation
* Antiques and Museums Department
In recent years, Ras al khaimah government has begun placing itself on a path to join the big three of the UAE Dubai, Abu Dhabi and Sharjah as an attractive investment destination, albeit on a different course. Higher rents for residential and office space, increasing traffic problems and generally more stressful working environments in the bigger emirates are all factors why living and doing business in RAK is becoming more appealing.
Having learned from the experiences of those other emirates that had started earlier, it's political leaders are better able to formulate a successful development plan.
The emirate appointed nine women to the Federal National Council in February 2007, far surpassing other governments in the region. It has achieved equal literacy rates for both sexes in the UAE and currently counts more women enrolled in universities than men. As part of the Emirate's government project, Etisalat has linked the Ras Al Khaimah Government authority with nine local government departments, including the Traffic Police Department, through a high-speed data cable network.
The Ras Al Khaimah Government established a real estate development company called RAK Properties as a Public Joint Stock Company to oversee the development of real estate and leisure sectors in the Emirate as well as other Emirates in the UAE in general. Rak free zone was established in 2000 as one of the fastest growing and most cost effective free trade zones in the UAE and today is home to some 5000 companies.
Rak free zone has numerous features. Some of them are the following:
* 100% foreign ownership
* 100% income and corporate tax exemption
* 100% Capital & Profit repatriation
* Long term renewable lease
* Strategic location with access to over 1.2 billion consumers
* Transparent laws and regulations
* Simple and fast application procedures
* State of the art communication facilities
* Excellent Sea port and International Air port facilities
* Easy international Access
* Abundant energy supply
By segregating business activities according to function, operational requirements, and the needs of the surrounding communities, the Free Zone has created a system of three free zone parks. The three parks are the Technology Park, Industrial Park and Business Park. They are spread over three different locations within the Emirate.
by: Ramapati Singhania
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