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RAK FTZ Extends Investors' Reach With Servcorp Partnership

RAK FTZ Extends Investors' Reach With Servcorp Partnership

PR Newswire

RAS AL KHAIMAH, UAE, June 2, 2010 /PRNewswire/ -- With the signing of a new partnership agreement with Servcorp, a leader in the international business centre industry, Ras Al Khaimah Free Trade Zone (RAK FTZ), has added virtual offices to the growing list of value-added services it offers its clients.

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Servcorp, a globally recognised provider of quality serviced and virtual office facilities offers affordable technology-driven solutions that cater to the specific business needs of individual clients. With more than 77 locations worldwide, Servcorp has business centres in some of the most prestigious addresses around the globe, including sixteen in Australia, eighteen in Japan, six in China, two in the United States, two in India, and one in the United Kingdom.

Through Servcorp, RAK FTZ now offers its clients the option to establish a business presence in Dubai or Abu Dhabi.   By setting up a virtual office based in one of Servcorp's locations in either city, the free zone's clients can enhance their profiles through a prominent business addresses in one of the major UAE metropolises and enjoy, at a special rate, a full suite of technologies, facilities and corporate services. They will also gain access to Servcorp's business centres around the world; an invaluable opportunity for companies looking for viable UAE based business alternatives that are flexible, affordable and accessible.

"Our partnership with Servcorp opens up a whole new world to entrepreneurs and SMEs. Now, they are no longer tied to a physical office with costly overheads like rent, utilities and hardware - not to mention manpower. We are in an era of cloud computing, where businesses store pertinent information online, and in this trend, virtual offices are the next step - a vital step which we are now making available to our clients," shared Oussama El Omari, RAK FTZ CEO, upon announcing the news. 

"Innovation is a concept that RAK FTZ has adopted since its inception, and we encourage the kind of creativity that leads to business excellence. Our approach is simple and effective, because it is customer-centred. Our customers are the major stakeholders in our success. By constantly striving to provide better business solutions, infrastructure and support - like this new option of virtual offices - which will enable even more entrepreneurs and business owners and to realise their goals, we remain competitive and continue to provide the best enabling business environment to the investment community," he added.

This new partnership also benefits Servcorp by enabling its clients to obtain a business licence through RAK FTZ. "Servcorp's 24,000 global clients now have the opportunity to be licensed in the UAE and use one of the best jurisdictions in the world to do business in the emerging markets, taking advantage of a zero tax, zero custom duties business environment," comments Laudy Lahdo, Servcorp General Manager - UAE and Bahrain.

Ras Al Khaimah Free Trade Zone (RAK FTZ) is a world-class business hub and a vehicle for industrial growth and development. The free trade zone, with its cutting-edge technology and keen customer focus, offers on-demand and custom-built support services to investors in a cost-effective and flexible environment. The free trade zone also offers a range of unique s ervices, which include legal, human resources and marketing assistance.

RAK FTZ has created a unique four-park system comprised of Business Park, Industrial Park, Technology Park and Academy Zone, each of which offers identical advantages and benefits to investors. Backed by legislations allowing 100 per cent foreign ownership, a tax-free environment, transparent laws and 100 per cent capital and profit repatriation, the free trade zone is well positioned for global commerce.

Ras Al Khaimah Free Trade Zone is one of the fastest growing free trade zones, with companies from 106 countries around the globe. For more information, visit; or follow us on Twitter (, Facebook ( ), and YouTube (

    Cleo Eleazar
    Public Relations and Media Officer
    Ras Al Khaimah Free Trade Zone Authority (RAK FTZA)
    Phone: +971-7-2077173

SOURCE Ras Al Khaimah Free Trade Zone

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