Ras Al Khaimah (RAK), one of the fastest-growing emirates in the UAE, is an increasingly popular destination for businesses looking to establish a strong presence in the Middle East. Known for its strategic location, affordability, and business-friendly policies, RAK is an ideal choice for entrepreneurs seeking to tap into UAE’s robust economy while keeping operational costs low. This comprehensive guide covers everything you need to know about mainland company formation in Ras Al Khaimah, including the latest information, benefits, and trends for 2024.
Setting up a mainland company in Ras Al Khaimah offers the following benefits :
Operate without restrictions within the UAE and in international markets.
Mainland companies are eligible to bid for lucrative government projects.
Investors and employees can easily obtain UAE residency visas.
Companies in RAK can engage in a wide range of activities, from trading to services and manufacturing.
Access to state-of-the-art facilities, including ports, free zones, and industrial areas.
RAK ensures high levels of privacy for business owners.
To suit various business activities, RAK offers the following types of licenses :
For trading goods and commodities, including import/export businesses.
Learn moreDesigned for service-based enterprises such as consultancy, education, and IT.
Learn moreFor companies involved in manufacturing, production, or industrial operations.
Learn moreFollow these steps to complete your mainland company formation in Ras Al Khaimah :
Choose an activity that aligns with RAK Department of Economic Development (RAK DED) regulations.
Options include LLC, Sole Establishment, or Branch Office.
Ensure the name is unique and compliant with UAE naming rules.
Submit an application to RAK DED for preliminary approval.
Prepare and notarize your Memorandum of Association (MOA) and other required documentation.
Secure a physical address and register your tenancy contract.
Provide all documents, pay licensing fees, and receive your trade license.
Apply for investor, employee, and dependent visas as needed.
When setting up a mainland company in Ras Al Khaimah (RAK), businesses have several options for legal structures, each catering to different business needs. Below are the common business structures you can choose from in RAK Mainland :
An LLC is one of the most popular business structures for mainland companies in RAK. It provides limited liability protection to the shareholders, meaning their personal assets are protected from business debts and liabilities. This structure is suitable for most types of commercial activities, including retail, trading, and services. An LLC requires at least two shareholders and can have both local and foreign owners.
The Sole Establishment structure is designed for individual entrepreneurs who wish to operate their business independently. It is commonly used in professional services such as consultancy, legal services, and freelance work. The business owner has full control over operations and is personally liable for the business's debts. This structure is ideal for small businesses or professionals who want to establish a single-person business entity in Ras Al Khaimah without the need for additional partners or investors.
A Branch Office allows foreign companies to expand their operations into Ras Al Khaimah without the need to form a separate legal entity. This structure is suitable for businesses that want to operate in the UAE market while retaining their original business identity. The branch office can conduct the same activities as the parent company, but it is subject to the local rules and regulations of the UAE. A Branch Office does not require a local sponsor, but it must be registered with the relevant authorities to operate legally in Ras Al Khaimah.
We guide you through every step of the mainland company formation process in Ras Al Khaimah, from the initial consultation to completing registration and licensing.
Our experts manage the trade license application process, ensuring full compliance with RAK mainland regulations and minimizing delays.
We provide premium office spaces and coworking options tailored to meet legal requirements while offering a professional and productive environment for your business.
Eligible business owners, investors, and professionals can benefit from our Golden Visa services, offering long-term residency opportunities in the UAE
Our team manages all interactions with RAK government entities, including immigration, labor, and other regulatory bodies, ensuring a seamless company setup process.
We offer efficient PRO services, including visa applications for investors and employees, Emirates ID registrations, and handling all necessary documentation.
Our consultants provide assistance in opening corporate bank accounts with top UAE banks, enabling smooth and secure financial operations for your business.
Stay compliant with UAE regulations through our corporate tax and VAT registration services, ensuring your business meets its financial and legal obligations.
Our experienced accounting team delivers professional bookkeeping, VAT filing, and financial reporting services to help you maintain accurate and transparent financial records.
We handle trade license renewals, visa extensions, and other regulatory requirements. Additionally, we manage amendments to your company details as needed.
Gain valuable insights and expert advice on market entry strategies, industry-specific opportunities, and regulatory compliance to help your business flourish in Ras Al Khaimah.
Ras Al Khaimah (RAK) is an ideal destination for mainland company formation, offering numerous advantages such as unlimited market access, eligibility for government contracts, simplified visa processes, and modern infrastructure. Businesses can choose from various licenses like commercial, professional, or industrial, based on their activities. Legal structures include LLCs, sole establishments, and branch offices. Dhanguard provides end-to-end services for company incorporation, trade licensing, office setup, visa assistance, and tax compliance, ensuring a seamless setup process. For cost-effective solutions, Dhanguard tailors services to meet individual business needs.
Our team of experienced consultants ensures a seamless company formation process in RAK Mainland. From documentation to licensing and beyond, we handle everything so you can focus on your business goals.
We also provide guidance on choosing the right business structure, obtaining the necessary approvals, and securing your office space, making the process smooth and efficient.
We understand the local regulations and help you navigate through the paperwork, ensuring compliance every step of the way. With our support, you can set up your business quickly and confidently, knowing that all legal and administrative requirements are taken care of.
Contact us today to start your journey in Ras Al Khaimah Mainland and make your business setup process easy and hassle-free!
