Emirates RAK Free Trade Zone (FTZ) Marine

• » YACHT REGISTRATION: AN OPEN REGISTRY

  Due to the rapid expansion of leisure craft ownership worldwide, Emirates RAK Free Trade Zone (FTZ) will offer owners the opportunity to register their vessels in an open registry, from anywhere in the world. Registration will be uncomplicated, rapid, secure and above all, convenient. Inspection and registration for this quality flag will be made easy through an international network of approved surveyors.

• » Who can apply?

  Anyone will be eligible to apply through the creation of a special IBC with sole objective to owning the vessel. As part of this process, such a yacht will simply be divided into 64 shares of which 33 shall be owned by the IBC of Emirates RAK Free Trade Zone (FTZ).

» TYPICAL APPLICATION REQUIREMENTS*