Ras Al Khaimah (RAK) Media City is a leading entertainment hub for all the companies that have operations in the media industry. It was launched in the year 2006 as an alternative to Dubai Media City and has been providing investment opportunities and benefits for media-oriented business owners and investors. RAK Media City is another RAK Free Trade Zone which is controlled by the RAKFTZ authority. The increasing cost of living in Dubai free zones makes RAK Media City a low-cost alternative. Business owners are attracted towards this RAK FTZ due to its dedication towards providing world-class facilities, great business infrastructure, pre-built offices, and media-related business licenses.

Economically speaking, RAK Media City has been growing at an unprecedented pace in the past couple of years. Its business-friendly environment regulations, favorable towards media industries, have made it a fine destination for the media and entertainment sector to develop. The media companies receive complete freedom for producing their films, radio, and television shows

Advantages of Business Setup in RAK Media City

RAK Media City provides all its companies with benefits like:

Provision of 100% foreign ownership

Complete freedom of capital and profit retention

Exemption of customs duty on all import-export goods

Quick immigration process

No currency restriction

Tax exemption on both corporate and personal income