How much does it cost to set up a business in RAK?

Costs range from AED 25,000 to AED 40,000 for mainland setups, AED 14,999+ for free zones, and around AED 10,000 for offshore. Fees include licensing, visas, and office space, with RAKFTZ registration at AED 7,000.

What is the process for setting up a business in Ras Al Khaimah?

Steps include choosing a business activity, selecting a legal structure (e.g., LLC, FZE), registering a trade name, obtaining approvals, preparing documents (passports, MOA), securing a license, and opening a bank account.

Can non-residents set up a business in RAK?

Yes, non-residents can establish businesses with 100% foreign ownership in free zones like RAKEZ or RAKICC. Offshore entities require no physical presence, and mainland setups may involve a local sponsor.

What types of licenses are available in RAK?

RAK offers General Trading, Professional, Industrial, E-Commerce, and Media licenses, issued by RAK DED or free zone authorities like RAKEZ, tailored to various business activities.

Business Setup in RAK

Starting a business in Ras Al Khaimah (RAK) feels like finding a hidden gem in the UAE’s bustling economic landscape why wrestle with complexity when you can launch your venture in a business-friendly emirate? RAK offers a streamlined company formation process through the Ras Al Khaimah Economic Zone (RAKEZ) or Ras Al Khaimah Department of Economic Development (RAK DED), designed for entrepreneurs, SMEs, and global investors. Whether you’re eyeing a free zone company, a mainland company, or an offshore structure via RAK International Corporate Centre (RAKICC), you get 100% foreign ownership, zero corporate tax under UAE Corporate Tax Law Article 47, and no minimum capital hurdles. RAK’s strategic location connects you to global markets across Asia, Africa, and the Middle East, making it a hotspot for international trade, IP holding, and asset protection. With expert guidance, your business setup in RAK becomes fast, cost-effective, and customized to your goals—be it a startup, SME, or holding company. Ready to establish your dream venture? Let’s make it happen in RAK!

Steps for How to Start a Business In RAK

Dreaming of launching your business in RAK but worried about the process? We’ve got you covered with a clear, compliant roadmap that simplifies every step. Whether you’re targeting a Department of Economic Development (RAK DED) free zone or a mainland setup under RAK DED, or even an offshore entity with RAKICC, we streamline the journey to get you operating fast.

Key steps for streamlined company formation in RAK and business setup in Ras Al Khaimah, leveraging RAK’s key entities:

Business Activity

Choose a business activity approved by RAK authorities, aligned with UAE company formation regulations. From trading to consultancy, pick what suits your business goals.

Register Trade Name

Secure a unique business name under RAK DED or RAKEZ guidelines. This is your first step to a trade license and a critical part of company registration.

Business License

Submit your formation documents for a commercial, industrial, or professional license based on your operational scope.

Required Approvals

Some business activities need extra nods from RAK authorities—think healthcare or education. We handle these to keep your setup efficient.

Open Business Bank Account

Finalize your RAK company formation by opening a UAE corporate bank account, often through RAKEZ’s single-window service for seamless transactions.

Key Benefits of Company Formation in RAK

Why choose RAK for your business setup? Because it’s like hitting the jackpot for entrepreneurs and investors! RAK’s business-friendly ecosystem, backed by RAKEZ, RAKICC, and RAK DED, offers tangible advantages under UAE law, making it a top pick for startups, SMEs, and global players.

1

100% Foreign Ownership

Take full control of your business without a local partner. RAKEZ and RAKICC free zone entities allow complete foreign ownership in most industries.

2

Cost-Effective Setup

RAK delivers affordable incorporation through RAK DED and RAKEZ, perfect for startups and SMEs looking to minimize costs without compromising quality.

3

No Income Tax

No income tax, no VAT on exports, and exemptions under UAE Corporate Tax Law Article 47. a tax-efficient dream for profit repatriation.

4

Ease of Business Expansion

RAK strategic hub and robust infrastructure connect you to major trade routes, fueling international growth across global markets.

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) Company Formation

Choosing the right legal structure for your RAK company formation is like picking the perfect outfit—it needs to fit your business activity, ownership goals, and liability preferences. RAK DED offers flexible options to suit every entrepreneur.

Individual

Perfect for solo entrepreneurs offering professional services, with full control and personal liability under UAE law.

Limited Liability Company

The go-to for RAK company formation, offering limited liability, flexible ownership, and mainland trade access.

Services Agency

Ideal for consulting, legal, or technical services, requiring a local service agent under RAK DED.

Branch for Local Company

Allows an existing UAE company to expand operations into RAK under the same legal identity.

Civil Company Professional

For partnerships among professionals (e.g., doctors, engineers) with shared ownership.

Joint Liability Company

For partnerships among professionals (e.g., doctors, engineers) with shared ownership.

Public JSC

Ideal for large enterprises looking to offer shares to the public. Minimum capital and board requirements apply under UAE commercial law.

Private JSC

Suited for private ventures with multiple shareholders. This structure allows capital division into shares without public subscription.

Public community

Designed for collective ventures that serve public interests or niche industries, with a focus on community investment.

Branch for Foreign JSC Company Private

A non-UAE public or private joint stock company can establish a branch in RAK to operate under its parent company’s identity.

Branch for Local Company JSC Public

Local UAE-based public companies can expand into RAK with a dedicated branch, benefiting from the emirate’s licensing flexibility.

Limited Partnership Company

Combines one or more general partners (with full liability) and limited partners (liable only to their capital share), offering flexibility in investment structures.

Branch for GCC Company

Registered companies based in Gulf Cooperation Council (GCC) countries can open a branch in RAK. This option allows you to operate locally under your existing license while accessing RAK’s infrastructure and government-backed incentives.

Branch for Foreign Company

A non-UAE company can establish a branch in Ras Al Khaimah to carry out similar business activities. This structure operates as an extension of the parent company, not a separate legal entity.

Individual Company LLC

This single-owner limited liability structure offers 100% control while maintaining corporate protection. Ideal for entrepreneurs who want to operate independently but benefit from RAK’s corporate legal shield.

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

Setting up a mainland company in RAK requires the right paperwork—don’t worry, we make it straightforward! Here’s what you need for a compliant business setup.

Passport Copies for Company Formation in RAK

Submitting a clear copy of the passport is a mandatory requirement when setting up a business in Ras Al Khaimah (RAK). Whether establishing a mainland, free zone, or offshore company, providing accurate and up-to-date passport documentation is essential for processing your business license and registration application.

Ensure the passport copy is clear and legible.
Include the information page and any relevant visa endorsements.
Check for expiration dates to ensure the passport remains valid throughout the business setup process.

Visit Visa / Residence Visa Copy, Emirates ID copy

When establishing a business in Ras Al Khaimah (RAK), the type of visa required varies depending on the business activity. Below are the common visa types required for company formation in RAK:

UAE Residence Visa: For this visa type, an NOC (No Objection Certificate) is mandatory from the current employer or sponsor. This visa is often required for long-term residence and business operations.
Tourist Visa: A Tourist Visa copy is necessary for those visiting RAK for short-term business activities. This visa type is typically used for initial setup procedures or business visits.
Canceled Visa: In case of visa cancellation, a copy of the canceled visa document is required to process new applications or update the business records.
On-Arrival Visa: This visa type applies to nationals from countries such as the USA, UK, and other eligible regions. A copy of the on-arrival visa is necessary when setting up a business or for specific business transactions.
Golden Visa: The Golden Visa allows for long-term residence in the UAE without requiring an NOC. A copy of the Golden Visa is essential for high-profile business investors and professionals.

NOC from the Current Sponsor (Under a Residence Visa)

When setting up a company in Ras Al Khaimah (RAK), individuals holding a UAE Residence Visa must obtain a No Objection Certificate (NOC) from their current sponsor. This document is essential to ensure that there are no legal obstacles when establishing the business.
Company Name Guidelines:

The proposed company name should be unique and conform to RAK government regulations.
It is essential to check the availability of the proposed name and obtain approval from the relevant authorities, such as the RAKEZ (RAK Economic Zone) or RAK ICC (International Corporate Centre).

Three (3) proposed names for Trade License (by order of preference)

When establishing a business in Ras Al Khaimah (RAK), selecting an appropriate trade license is crucial. Below are three proposed trade license names categorized by business activity and compliance requirements:

Business Plan Requirement: A business plan may not be mandatory for all business activities in RAK. However, specific industries, such as those regulated by the Ministry of Health or KHDA (Knowledge and Human Development Authority), require a business plan to set up a pharmacy, educational institute, or other regulated entities.
Essential Documents for Specific Activities: Certain business activities require additional documentation, including a Goods Standard Certificate, resume, personal profile, and education certificate. These are typically necessary for:
- Military Trade: Requires a Good Standing Certificate and Education Certificate.
- Educational Institute Setup: Necessitates both a Resume and an Education Certificate to comply with RAK ICC or RAKEZ regulations.
- Chemical Activities: Demand a Goods Standard Certificate and a Personal Profile.
- Sports Academy Setup: Requires a Resume and Personal Profile to obtain a Professional License.

Cost of Business Setup In Ras Al Khaimah (RAK)

The cost of setting up a company in Ras Al Khaimah typically starts from AED 25,000* to AED 40,000* or more. This range depends on several factors, including the type of business activity, the number of shareholders and visas required, and the selected business structure. Whether you’re incorporating through the Ras Al Khaimah Department of Economic Development for a mainland company, setting up in the RAK Economic Zone (RAKEZ), or forming an offshore entity under the RAK International Corporate Centre (RAKICC), pricing will vary accordingly.

Our business setup services In Ras Al Khaimah (RAK) Include:

We’re your trusted partner for end-to-end RAK company formation, covering mainland, RAKEZ, and RAKICC. Our tailored services align with UAE Corporate Law and RAK DED requirements, making your business setup seamless.

Pro Services in Ras Al Khaimah

Gain access to a full suite of professional services, including accounting, legal consultancy, PRO assistance, and visa coordination—all essential for smooth company operation in RAK.

Trade License in Ras Al Khaimah

We assist in securing your official RAK trade license, enabling you to legally operate a mainland company under Ras Al Khaimah Department of Economic Development (RAK DED) guidelines.

Trade License Issuance in Ras Al Khaimah

Our experts manage the full licensing lifecycle, from activity selection and document clearance to final license approval, ensuring compliance with RAK Economic Zone (RAKEZ) or mainland authorities.

Legal Documentation in Ras Al Khaimah

We draft and prepare your company’s core legal documents, including the memorandum of association, shareholder agreements, and other UAE-mandated filings, to ensure your business structure is fully compliant.

License Renewal in Ras Al Khaimah

Stay compliant with RAK DED or RAKEZ regulations by renewing your trade license on time. Our team handles all documentation, fee submissions, and renewal follow-ups to avoid penalties or business disruption.

Bank Account Opening in Ras Al Khaimah

We assist in opening a corporate bank account with approved financial institutions in the UAE. This step is essential for any RAK company formation to manage transactions and meet regulatory requirements.

Corporate Tax Registration in Ras Al Khaimah

We support your business in complying with UAE Corporate Tax Law Article 47 by managing your tax registration, ensuring timely filing, and aligning your structure with local tax regulations.

VAT Registration in Ras Al Khaimah

Our experts guide you through VAT registration and compliance, helping your business align with Federal Tax Authority (FTA) requirements and operate smoothly in the UAE.

License Liquidation in Ras Al Khaimah

We manage the license liquidation process from start to finish. This includes canceling your trade license with the Ras Al Khaimah Department of Economic Development (RAK DED) or RAKICC, settling government dues, and clearing your name from all registries in compliance with UAE law.

Accounting & Bookkeeping in Ras Al Khaimah

Our qualified team provides accounting, financial reporting, and bookkeeping services to help you stay compliant with UAE tax regulations, including corporate tax and VAT reporting. These services are vital for audit readiness and smooth annual renewals in RAK.

Frequently Asked Questions about Business setup RAK

Al Khaimah Economic Zone (RAKEZ) or RAK Department of Economic Development (RAK DED), you choose a business activity, register a unique trade name, apply for a business license (e.g., commercial, industrial, or professional license), secure required approvals, and open a corporate bank account. This streamlined process, backed by RAK’s business-friendly environment, ensures fast registration and compliance with UAE Corporate Tax Law Article 47. Entrepreneurs and SMEs can launch their ventures in free zones or mainland, enjoying 100% foreign ownership and tax-free benefits.

Curious about the cost of setting up a business in RAK? It typically ranges from AED 25,000 to AED 40,000+, depending on your business activity, number of shareholders, visa requirements, and whether you choose a mainland, free zone, or offshore structure via RAKICC. RAKEZ offers cost-effective setup packages, with no minimum capital and affordable licensing. Additional costs may include office leasing or visa processing. Our expert guidance ensures transparent pricing, making RAK a cost-competitive choice for startups and investors.

Why pick a RAK free zone company? It’s like getting a VIP pass to business success! RAKEZ offers 100% foreign ownership, 0% corporate tax, no VAT on exports, and full profit repatriation under UAE law. You get access to global markets via RAK’s strategic location, robust infrastructure, and flexible office solutions. Perfect for trading, manufacturing, or consultancy, free zone setups are tax-efficient and scalable, ideal for entrepreneurs aiming for international growth.

Choosing between RAK mainland and free zone? It’s like picking between a city apartment or a private villa—both have perks! Mainland companies under RAK DED allow local market access and flexible business activities, ideal for retail or hospitality. Free zone companies via RAKEZ offer tax exemptions, 100% ownership, and global trade focus, perfect for e-commerce or logistics. Mainland may need a local sponsor for some activities, while free zones are cost-effective and streamlined. We help you decide based on your business goals.

Wondering which business license fits your RAK company formation? RAK DED and RAKEZ offer commercial licenses for trading, industrial licenses for manufacturing, and professional licenses for consultancy or healthcare. Each aligns with your business activity and ensures UAE compliance. Offshore licenses via RAKICC suit IP holding or asset protection. Our experts simplify license issuance, ensuring fast approval and regulatory compliance.

Absolutely, foreigners can own a business in RAK with 100% control! RAKEZ and RAKICC allow complete foreign ownership in free zones and offshore setups, with no local partner required. Mainland companies may need a local service agent for certain business activities, but RAK’s business-friendly policies make it a top pick for expat entrepreneurs and global investors. Enjoy tax-free profits and full repatriation in this strategic hub.

Setting up a company in RAK is faster than you can say “business boom”! Typically, RAKEZ or RAK DED processes take 1-2 weeks, depending on your business activity and document submission. Free zone setups are often faster due to single-window services, while mainland or offshore registrations may need extra approvals. Our streamlined services ensure quick registration, so you can launch your RAK business ASAP.

Need visas for your RAK business setup? It depends on your business structure. RAKEZ offers investor visas and employee visas, often tied to free zone licenses. Mainland setups under RAK DED may require a UAE Residence Visa with a No Objection Certificate (NOC) or a Tourist Visa for initial steps. Golden Visas suit high-profile investors. We handle visa coordination, ensuring compliance with UAE immigration laws.

Establishing a business in RAK requires key documents: passport copies, UAE Residence Visa or Tourist Visa copies, Emirates ID, and a No Objection Certificate (NOC) if under a sponsor. You’ll also need three proposed trade names, a business plan for certain industries (e.g., education, healthcare), and Goods Standard Certificates for chemical activities. Our team ensures your legal documentation meets RAKEZ or RAK DED standards.

RAK is a playground for diverse industries! Top picks include e-commerce, trading, manufacturing, hospitality, healthcare, consultancy services, logistics, and education. RAKEZ supports niche requirements with flexible licensing, while mainland setups suit retail or construction. RAK’s strategic location and tax benefits make it a profitable choice for startups and SMEs.

Opening a corporate bank account in RAK is a breeze with our help! After company registration, we connect you with approved UAE banks via RAKEZ’s single-window service. You’ll need formation documents, passport copies, and a trade license. This step ensures compliance and supports business transactions for mainland, free zone, or offshore setups.

RAK is a tax-free haven! Free zone companies enjoy 0% corporate tax, no personal income tax, and no VAT on exports under UAE Corporate Tax Law Article 47. Offshore companies via RAKICC offer asset protection and full profit repatriation. Even mainland companies benefit from tax-efficient structures, making RAK a cost-competitive choice for investors.

RAK vs Dubai company formation? RAK shines with lower setup costs, faster registration, and 100% ownership in free zones. Dubai offers a bigger market but higher costs and complex regulations. RAK’s strategic location rivals Dubai’s for global trade, while RAKEZ provides affordable office solutions. Choose RAK for cost-effective, scalable growth.

Our RAK business setup services are your shortcut to success! We handle trade license issuance, legal documentation, visa coordination, corporate tax registration, VAT registration, license renewal, and accounting. Whether you’re in RAKEZ, RAK DED, or RAKICC, our PRO services ensure a seamless, compliant company formation process.

Renewing a trade license in RAK keeps your business compliant! Through RAK DED or RAKEZ, we manage document submission, fee payments, and approvals to avoid penalties. Whether it’s a mainland or free zone license, our experts ensure timely renewal, supporting smooth operations and UAE law adherence.

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