Business setup In Ras Al Khaimah (RAK)

Starting a business in Ras Al Khaimah is easy and affordable. With low costs, tax benefits, and flexible options, it’s a great place for new businesses. Ras Al Khaimah offers a strong economy and simple setup process. Our experts help you with fast and smooth business setup in Ras Al Khaimah.

Detailed Benefits of business setup In Ras al Khaimah (RAK)

100% Foreign Ownership

RAK permits 100% foreign ownership in free zones, thereby giving more control to international investors.

No Income Tax

RAK offers tax-free benefits, enhancing profitability and appealing to global businesses.

Cost-Effective Setup

Lower registration and operation costs make RAK an affordable choice for new businesses.

Ease of Business Expansion

RAK has a streamlined setup with fast approvals, allowing quicker market entry for companies.

Business Activities for Business Setup In Ras Al Khaimah (RAK)

Trading

Manufacturing

Retail

Construction

Hospitality

Healthcare

Consultancy Services

Education

Types of legal forms in Ras Al Khaimah (RAK) Mainland

Individual

Limited Liability Company

Services Agency

Branch for Local Company

Civil Company Professional

Joint Liability Company

Public JSC

Private JSC

Public community

Branch for Foreign JSC Company Private

Branch for Local Company JSC Public

Limited Partnership Company

Branch for GCC Company

Branch for Foreign Company

Individual Company LLC

Essential Documents for Company Formation in Ras Al Khaimah (RAK)

Establishing a mainland company in RAK involves adhering to specific legal procedures, one of which is preparing the necessary documentation. Below is a comprehensive list of the essential documents required:

1: Passport Copies
2. Visa Copy
3. Essential Document
4. Proposed Company Name

A clear, valid copy of the applicant’s passport is mandatory for all business-related processes.

Submit the relevant visa copy according to your visa status:

UAE Residence Visa: No Objection Certificate (NOC) from current sponsor required.
Tourist Visa: Copy of valid visit visa.
Cancel Visa: Copy of the canceled visa.
On-Arrival Visa (eligible countries only): Copy of the on-arrival visa stamp.
Golden Visa: Copy of the Golden Visa (NOC not required).

NOC from Current Sponsor (if applicable)
Approved Company Name (must be unique and approved by relevant authorities)
Three Proposed Company Names (in order of preference)

Depending on the nature of your business, additional documents may be required:

Business Plan: (required for selected business activities)
Goods Standard Certificate: (for chemical-related businesses)
Resume and Education Certificates: (required for professional or technical activities)
Personal Profile: (needed for certain business categories)
Good Standing Certificate: (mandatory for military or defense-related trade)

Cost of Business Setup in Ras Al Khaimah (RAK)

The cost of mainland company formation in Ras Al Khaimah typically ranges from AED 25,000* to AED 40,000*. This cost varies depending on factors such as the type of business activities, office space requirements, number of visas, and other legal considerations.

Our Business Setup services In Ras Al Khaimah (RAK) include:

Pro Services in Ras Al Khaimah

This service provides professional services in Ras Al Khaimah, such as accounting and law.

Trade Licence in Ras Al Khaimah

This service provides a trade licence in RAK, which allows companies to operate their business in the mainland.

Trade Licence Issuance in Ras Al Khaimah

This service provides UAE services in RAK, such as business setup, licensing, and compliance.

Legal Documentation in Ras Al Khaimah

This document outlines the company’s constitution and defines its objectives, powers, and responsibilities.

Licence Renewal in Ras Al Khaimah

This service provides licence renewal in RAK, which allows companies to continue operating their business in RAK.

Bank Account Opening in Ras Al Khaimah

This service provides bank account opening in RAK, which allows companies to operate their business in RAK

Corporate Tax Registration in Ras Al Khaimah

This service provides corporate tax registration in RAK, which allows companies to operate their business in RAK.

VAT Registration in Ras Al Khaimah

This service provides VAT registration in RAK, which allows companies to operate their business in RAK.

Licence Liquidation in Ras Al Khaimah

This service provides licence liquidation in RAK, which allows companies to cease operating their business in RAK.

Accounting & Bookkeeping in Ras Al Khaimah

This service provides accounting and bookkeeping services in RAK, which allows companies to operate businesses in RAK.

How to start business setup in RAS AL KHAIMAH (RAK)?

Here are the key steps to Business setup in Ras Al Khaimah

Choose Business Activity & Legal Form

Reserve Trade Name & Get Initial Approval

Draft & Notarize MOA

Choose Business Location & Tenancy Contract

Final Submission, Payment & License Issuance

Common Questions About Business Setup in Ras Al Khaimah(RAK)

A business opening in RAK is necessary to fulfill the following requirements:

Choose your business activity
Choose the legal category
Registration of Trade name
Approval from relevant authorities
Business license

Some of the most common legal structures that one can incorporate within the RAK Mainland, such as

Company Limited Liability (LLC)
Joint Venture Company
Public/Private Shareholding Company
Free Zone Company
International Business Company (IBC)

Yes, non-residents can open businesses in the UAE. The government of the UAE welcomes foreign investment.

A RAKFTZ company registration fee is AED 7,000, and the annual service charge is AED 1,200.