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Company Formation in RAK

Incorporate your company formation in RAK (Ras al Khaimah ) and receive all the benefits

RAK Trade Licenses Starting From AED 10,000

includes govt fee – See Pricing Details

FAQ

RAK Trade Licenses

Commercial / Professional / General Trading

Commercial

AED15,000
Trade name reservation
Initial approval
Draft company documents
License

Professional

AED 10,000
Trade name reservation
Initial approval
Draft company documents
License

General Trading

AED 15,000
Trade name reservation
Initial approval
Draft company documents
License

Terms and Conditions:

  1. All set-ups are subject to government approval. 
  2. Pricing may vary due to factors such as activity, shareholders, office space and visa quota. 
  3. A 5% market fee will be added to the license pricing and will be paid to the relevent authroity at the time of license payment. 

Timeline

The process of Company Formation in RAK

1 - Trade Name and Initial Approval
Even though you may have a preferred trade name for your business, you have to provide us with at least three options to carry out the registration process. Also, make sure to send us all the documents so we can apply and receive the initial approval.
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2 - Document Signing and Submission
We will carry out all the paperwork activities such as notarization and any other task that gets your documents ready to be submitted. Keep in mind that all shareholders have to sign each document, so all of them must be present during this process. Once all the documents are signed, we will submit them.
2
3 - Tenancy Contract and Approvals
Once the previous documents submitted get the necessary approvals, we will go on the next step which is submitting the Tenancy Contract for your business. If there are any other additional documentation or approval that you may need based on your business activity, we will provide assistance so you can receive the additional approvals.
3
4 - Trade license is issued
After receiving all the external approvals for your business and all of your legal documents get accepted, you can collect your business license. Make sure to start the immigration process and obtain your MOHRE establishment card so you can get the necessary visas.
4

Company Formation in RAK(Ras Al Khaimah)

Establishing a business or Company formation in RAK (Ras Al Khaimah) is one of the best decisions business owners can make. Due to its close proximity to Dubai, it’s a city that has been rising and receiving foreign investment from people that want to conduct business in this place. It’s a city located close to the sea and it has several airports that connect it to the world.

Benefits of Company formation in RAK(Ras Al Khaimah)

  • It’s an economic hub for countries in Asia, Europe and Africa so it offers several opportunities to investors
  • In RAK there are double taxation treaties with other countries
  • It offers a smoothly company registration process
  • Access to a strategic location
  • It has two sea ports which ease the transportation
  • Tax-free environment
  • There’s no personal tax and companies don’t have to pay taxes on corporate income.
  • Access to storage facilities
  • Get access to low rental costs
  • Foreign investors can receive government-friendly incentives

RAK Trade License Options

1. Commercial License Ras Al Khaimah :

The Commercial License, also known as General Trading License, enables businesses to conduct several commercial activities such as export, trading and import. In addition, businesses that want to get involved in industrial and manufacturing activities can also apply to obtain this license.

2. Professional License in Ras in Al Khaimah:

The company that obtains the Professional License can conduct several activities related to offering professional services. Some of these services can be IT, development, consultancy, design and many more.

3. Industrial License in Ras Al Khaimah :

The Industrial License is for businesses that want to conduct activities of importing raw material, manufacture products, carry out production processes, and export the final products. Any business that wants to carry out industrial activities

Documents required for Mainland Company Formation in RAK(Ras Al Khaimah)

  • 3-5 potential business names
  • Passport copies of all shareholders 
  • Visa copies of all shareholders (if applicable)
  • Emirates ID copies of all shareholders (if applicable)
  • Entry stamp copies of all shareholders
  • NOC from the sponsor (if applicable)

Corporate Bank Accounts

We work closely with several UAE banks so we can best assist our clients with opening their corporate bank accounts.

Emirates NBD
adib

Frequently Asked Questions

Find out more about the frequently asked questions about incorporating a company formation in RAK Ras Al Khaimah Mainland

Government Departments

We can help you with the processes in the following government departments.

Government Department
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Get In Touch

We would love to discuss your project and ideas with you for Company Formation in RAK
Get in touch to go over legalities and pricing in order to make your idea a reality. 

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Contact Details

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Our Location

804, City Tower 2, Sheikh Zayed Road, Dubai

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