Ras Al Khaimah (RAK) may be overshadowed by its neighbor, Dubai, in terms of global profile, but it is fast emerging as one of the most important business hubs in the region, thanks to its benign tax regime, favourable company laws, pro-business authorities, pool of skilled foreign workers, and economic and political stability. And like Dubai, RAK is also capitalising on its strategic location between the important economic and financial centres of Asia, Europe, and the Americas. RAK – an introduction RAK is the northern-most and fourth-largest of the seven emirates of the United Arab Emirates, bordering Oman to the north and east. Its coastline runs for 65 kilometers along the eastern end of the Arabian Gulf and it benefits from good