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

1

100% Foreign Ownership

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

2

No Income Tax

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

3

Cost-Effective Setup

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

4

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)

1

Trading

 
 
 
 
2
Education
 
 
3

Healthcare

 
 
 
4

Manufacturing

 
 
5

Retail

 
6

Hospitality

 
7

Construction

 
Industrial
 
 
8

Consultancy Services

 
 
 

Types of legal forms In Sharjah 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:

A valid copy of the passport is mandatory for all applicants.
  1. UAE Residence Visa: Copy of visa and NOC from current sponsor.
  2. Tourist Visa: Copy of valid visit visa.
  3. Cancel Visa: Copy of canceled visa.
  4. On Arrival Visa: Copy of on-arrival visa (for eligible nationalities).
  5. Golden Visa: Copy of Golden Visa (no NOC required).
  1. Business Plan (for regulated activities).
  2. Goods Standard Certificate (for chemical businesses).
  3. Resume and Educational Certificates (for professional services).
  4. Personal Profile (for specific activities).
  5. Good Standing Certificate (for military trade businesses).
  1. NOC from current sponsor (if applicable).
  2. Approved company name from relevant authority.
  3. Three proposed company names in order of preference.

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.
 
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Trade Licence in Ras Al Khaimah

 This service provides a trade licence in RAK, which allows companies to operate their business in the mainland.
 
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Trade Licence Issuance in Ras Al Khaimah

 This service provides UAE services in RAK, such as business setup, licensing, and compliance.
 
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Legal Documentation in Ras Al Khaimah

 This document outlines the company’s constitution and defines its objectives, powers, and responsibilities.
 
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Licence Renewal in Ras Al Khaimah

 This service provides licence renewal in RAK, which allows companies to continue operating their business in RAK.
 
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Bank Account Opening in Ras Al Khaimah

 This service provides bank account opening in RAK, which allows companies to operate their business in RAK
 
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Corporate Tax Registration in Ras Al Khaimah

 This service provides corporate tax registration in RAK, which allows companies to operate their business in RAK.
 
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VAT Registration in Ras Al Khaimah

 This service provides VAT registration in RAK, which allows companies to operate their business in RAK.
 
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Licence Liquidation in Ras Al Khaimah

 This service provides licence liquidation in RAK, which allows companies to cease operating their business in RAK.
 
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Accounting & Bookkeeping in Ras Al Khaimah

 This service provides accounting and bookkeeping services in RAK, which allows companies to operate businesses in RAK.
 
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Essential steps to new business setup 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 Business Setup in Ras Al Khaimah(RAK)

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

  1. Choose your business activity

  2. Choose the legal category

  3. Registration of Trade name

  4. Approval from relevant authorities

  5. Business license

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

  1. Company Limited Liability (LLC)

  2. Joint Venture Company

  3. Public/Private Shareholding Company

  4. Free Zone Company

  5. 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.

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