free trade zone in uae

In 1972, Ras Al Khaimah, one of seven emirates that include the United Arab Emirates, joined the Federation as a representative. In 2006, Ras Al Khaimah approved the Ras Al Khaimah International Company Law, which is modeled after the effective international company regime in the British Virgin Islands. The legislation was most recently changed in 2016, in order to stay up with worldwide developments.