Are you thinking about establishing your business in the United Arab Emirates? Ras Al Khaimah (RAK) might be the ideal location. The Hajjar Mountains are to the east, and the Arabian Gulf is to the west, from the perfect centre of RAK. The Emirate’s Free Zones are the closest to the far Eastern countries, including China, India, Iran, Pakistan, and the Commonwealth of Independent States, and it is only 45 minutes from Dubai. Because of its strategic location, RAK is a great investment for multinational corporations.
Ras Al Khaimah’s economy is among the most advanced in the Emirates and has experienced rapid expansion. In RAK, setting up a business is a simple and fast process. Even if the processes are simple, you still need to ensure you follow all the right procedures and have all the necessary paperwork. To ensure you have all you need for a seamless RAK Business Setup, our team of specialists at AIMS UAE can assist you every step of the way.
How to Set Up Business in Ras Al Khaimah?
Businesses in Ras Al Khaimah is booming. The region has swiftly become the go-to investment destination for investors worldwide. To initiate a business on the Mainland of Ras Al Khaimah, you must follow the necessary procedures and ensure all necessary documentation is in order. The laws and rules governing business in the United Arab Emirates are well-known to AIMS UAE. For a hassle-free business setup, we’ll ensure you have all the necessary paperwork and meet all the dates. Contact us for a hassle-free business set up in Ras Al Khaimah, UAE.
Establishing a business in Ras Al Khaimah is simple, but investors must ensure they adhere to all regulatory requirements. The stages required to form the Mainland of Ras Al Khaimah are as follows:
- It is up to you to choose the kind of business you want to run. This will facilitate the process of submitting your business license application.
- This will vary according to the kind of business you are doing and the required number of shareholders.
- You can then continue with the remaining registration steps.
- Give your business a distinctive name, then submit it to the Department of Economic Development.
- Send in the necessary paperwork. For final approval, you will also have to see the appropriate authorities.
- Following the authorities’ permission, you will get your business licence.
Why Set Up Your Business in RAK Mainland?
- Inexpensive warehouses
- Mainland rental prices are low
- Businesses are exempt from paying taxes
- Liberal measures taken by the government
- Complete repatriation of earnings and capital
- Prospects for the growth of the global travel sector
- Total secrecy, privacy, and information and asset protection
- A fantastic location close to major transportation centers like highways, international airports, and seaports.
Set Up Your Business in RAK Mainland With AIMS UAE
Processing and comprehending the requirements for acquiring an RAK trade license can be challenging. Hence, we, as the best RAK business consultants, help you people discuss business options in Ras Al Khaimah with you.
Ras Al Khaimah is one of the most advanced economies in the United Arab Emirates. Thus, it’s currently a hub for both domestic and foreign investment. Registering a company on the Mainland requires fulfilling licensing, legal, and business formation requirements. You should thus collaborate with a group of knowledgeable advisors at AIMS UAE who are experts in company setup in the United Arab Emirates. Our team of experts will ensure that you adhere to all regulations and submit all necessary documents on time to start your business.
Call us or Email us for a detailed consultation for your business set up in RAK.
Frequently Asked Question
Here are the documents required to set up a business in RAK Mainland -
- A business plan
- Consent of legal affair
- Trade name certificate
- Licence application form
- A no objection certificate
- Photocopy of the passport
- Technical evaluation report
- Approval from the Ministry of Economy
- Notarized certificate of the partnership contract
- Copy of national ID, land map, and copies of No Obligation RC
Here are the types of licence required -
- General Trading Licence
- Professional Licence
- Industrial Licence
To know more, contact AIMS UAE.
We serve the following industries; if yours isn’t on the list, contact us, and we’ll be happy to assist you with setup.
- Law Firm
- Insurance
- Oil and Gas
- Healthcare
- Real Estate
- E-Commerce
- General Trading
- Tourism and
- Hospitatilty