Pioneering the digital economy

Ras Al Khaimah is shaping the future of business through Innovation City (INC), the world’s leading free zone dedicated exclusively to Web3, blockchain, and fintech ventures.

Digital leadership

A dedicated hub for innovation

INC provides an environment purpose-built for companies at the forefront of the digital economy. From blockchain startups to global fintech firms, the free zone offers the infrastructure and clarity needed to scale safely and effectively.

What businesses get

100% foreign ownership

Tax-free business environment

Digital asset transactions

Smart technology is at the heart of Ras Al Khaimah’s safety strategy, ensuring that innovation protects what matters most: the wellbeing of its people and communities.

Business advantages

Supporting digital industries

INC offers a clear framework for companies in emerging technologies. Entrepreneurs benefit from 100% foreign ownership with no local partner requirements, tax exemptions on both corporate and personal income, and the ability to conduct cryptocurrency transactions. Since its inception in 2023, the free zone has already issued over 500 operational licences, placing it among the fastest-growing Web3 jurisdictions worldwide.

INC offers a clear framework for companies in emerging technologies. Entrepreneurs benefit from 100% foreign ownership with no local partner requirements, tax exemptions on both corporate and personal income, and the ability to conduct cryptocurrency transactions. Since its inception in 2023, the free zone has already issued over 500 operational licences, placing it among the fastest-growing Web3 jurisdictions worldwide.

Global reach

A strategic location for expansion

With increasing regulatory scrutiny in many markets, companies are seeking jurisdictions with transparent guidelines. INC combines regulatory clarity, economic stability and world-class infrastructure, making it an attractive base for international expansion. A landmark $100 million investment from Phoenix Group and IOPn underscores global confidence in Ras Al Khaimah’s digital future.

With increasing regulatory scrutiny in many markets, companies are seeking jurisdictions with transparent guidelines. INC combines regulatory clarity, economic stability and world-class infrastructure, making it an attractive base for international expansion. A landmark $100 million investment from Phoenix Group and IOPn underscores global confidence in Ras Al Khaimah’s digital future.

Looking ahead

INC is a core pillar of Ras Al Khaimah’s Vision 2030, which prioritises economic diversification and digital innovation. By creating a secure ecosystem for fintech and blockchain enterprises, the Emirate ensures that companies have the support they need to thrive. INC’s flagship annual conference, inaugurated by His Highness Sheikh Saud bin Saqr Al Qasimi, reflects the government’s high-level commitment to building a world-class digital innovation landscape.

INC is a core pillar of Ras Al Khaimah’s Vision 2030, which prioritises economic diversification and digital innovation. By creating a secure ecosystem for fintech and blockchain enterprises, the Emirate ensures that companies have the support they need to thrive. INC’s flagship annual conference, inaugurated by His Highness Sheikh Saud bin Saqr Al Qasimi, reflects the government’s high-level commitment to building a world-class digital innovation landscape.

This is Ras Al Khaimah