Business Setup in Ras Al Khaimah

Ras Al Khaimah has become a popular trading and industrial hub and is one of the most developed economies in the UAE. It has emerged as a compelling choice for companies seeking to establish a ground for business growth and expansion.

RAK is renowned for its investor-friendly policies, strategic location, rapid economic development and stable political environment. RAK company setup is a smooth and cost-effective process and offers a variety of company structures suitable for different types of business activities. The company can be formed in RAK freezone, offshore or mainland, each company structure accompanied with its unique benefits.

To help you navigate this promising landscape, Stratrich Consulting is your trusted partner for RAK company formation, offering comprehensive services tailored to meet the unique needs of your business. We understand the intricacies of setting up a business in Ras Al Khaimah and are committed to providing seamless solutions that allow you to focus on your core operations.

Mainland Company Formation UAE

Business Jurisdictions in RAK Company Setup

Dubai Freezone

RAK Mainland

This company is an onshore business and registered with the Ras Al Khaimah Department of Economic Development (RAK DED). These companies require a local sponsor who will hold majority shares in the company.

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RAK Mainland
Dubai Mainland

RAK Freezone

This company is set up in RAK's free zones, which have special regulations and incentives for foreign investors. These companies are 100% foreign-owned and have exemptions from certain taxes and tariffs.

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RAK Freezone
Dubai Offshore

RAK Offshore

This company is set up in RAK's offshore jurisdiction, which allows for 100% foreign ownership, tax exemptions and confidentiality in business operations.

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RAK Offshore

Unlocking Strategic Advantages of RAK Company Setup

Setting up a business in Ras Al Khaimah gives entrepreneurs access to a range of strategic advantages tailored to aid business success.
RAK provides a conducive business environment in all its three jurisdictions – Mainland, Freezone, and Offshore –
that can be leveraged based on the business goals.

Financial Incentives

These incentives include tax exemptions, 100% foreign ownership, repatriation of profits, and streamlined licensing procedures.

Access to Global Markets

RAK offers unparalleled access to global markets and enables businesses to tap into a vast network of markets across the Middle East, Africa and Asia. The well-developed infrastructure, including ports, airports and logistics facilities allows seamless connectivity and trade flow.

Business Freedom

RAK provides entrepreneurs with flexibility and the autonomy to choose the legal structure, ownership model, and operational sеtup of their ventures.

How Stratrich Simplifies RAK Company Formation

At Stratrich, we provide personalized services to streamline your company formation in Ras Al Khaimah. Our offerings include market analysis, business plan development, and comprehensive assistance with document preparation. Our commitment to excellence ensures you receive top-tier service, from the initial consultation through the successful establishment of your business.

Our ongoing support continues well beyond the setup process. We offer valuable insights into local market trends, empowering you to adapt and thrive in a competitive landscape.

  • Company Formation in 4-5 Business Days
  • Bank Account Application Support
  • Minimal Paperwork
  • 100% Foreign Ownership
  • Client Confidentiality and Data Protection
  • Investor Visa
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Business Opportunities in Ras Al Khaimah


Real Estate

Construction

Finance

Insurance Services

E-Commerce

Logistics

Manufacturing

Technology

How Stratrich can Enhance your RAK Company Registration

  • Expert Knowledge of UAE Regulations – Stratrich Consulting brings deep expertise in Ras Al Khaimah’s company formation laws and regulations, ensuring your business is fully compliant from day one, minimizing legal complexities and ensuring a smooth setup process.
  • Tailored Solutions – We provide personalized business formation services, carefully selecting the best structure and jurisdiction in Ras Al Khaimah to align with your industry needs and business objectives, maximizing your chances of success.
  • End-to-End Support – Our team provides 360° support – from incorporation to post-setup assistance. Stratrich offers comprehensive support to ensure your business operates seamlessly, covering everything from legal compliance to administrative assistance.
  • Local Presence and Insights – Our strong connections with local UAE authorities offer valuable insights and ensure faster approvals, enabling you to navigate Ras Al Khaimah’s business landscape with ease.
  • Proven Track Record – Our successful track record in company formation makes us a trusted partner for businesses looking to expand into UAE’s lucrative market.

Steps for RAK Company Registration

Ras Al Khaimah stands out as a strategic choice for entrepreneurs looking to establish a successful presence in the UAE. The plethora of incentives enhances the attractivеnеss of RAK as a business destination and Stratrich provides you with the necessary support to kickstart and grow your business.

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1
Understanding Your Business Needs

We start by analyzing your business goals and recommending the most suitable legal structure and business activity for your venture in Ras Al Khaimah.

2
Selecting the Right Business Structure

Based on your requirements, we guide you in choosing between Free Zone, Mainland or Offshore, ensuring that the structure aligns with your industry and growth objectives.

3
Trade Name Registration

We assist in selecting and registering a unique trade name that complies with Ras Al Khaimah’s regulations, representing your brand in the best way possible.

4
Obtaining Initial Approvals

Stratrich takes care of securing the necessary approvals from the relevant authorities, expediting the process.

5
Document Preparation and Submission

We handle all the documentation, including the Memorandum of Association (MoA) and other legal paperwork, ensuring compliance with Ras Al Khaimah’s laws and regulations.

6
Securing a Business Location

Whether you need office space, a warehouse, or a retail outlet, we assist in finding a suitable location that meets Ras Al Khaimah’s regulations and supports your business needs.

7
Final License Issuance

Once all approvals and documentation are in place, we manage the payment of fees and obtain the final business license, allowing you to legally operate your business in Ras Al Khaimah.

8
Visa and Bank Account Assistance

We support you in applying for necessary visas and opening a corporate bank account, ensuring your business is fully equipped to start operations.

Frequently Asked Questions (FAQs)

  • A minimum of one director is required for a RAK company.
  • There is no requirement for directors or shareholders to be residents of Ras Al Khaimah.
  • The minimum share capital required for a RAK company varies depending on the type of business and package selected. However, generally AED 10,000 should be sufficient for most businesses.

Generally, the cost of a company formation in Ras Al Khaimah ranges from AED 10,000 to AED 20,000 annually, based on the number of visas. The license itself in RAKEZ starts at just AED 6,000.

Yes, Ras Al Khaimah offers various incentives for businesses, including 100% foreign ownership, tax benefits, and other non-fiscal benefits upon negotiations with the local authorities.

That depends on the type of your entity. For offshore companies, a physical office is not mandatory. A physical office premises must be leased, or a virtual office is required if someone intends to conduct business within RAK.

The cost of living and business operations in Ras Al Khaimah is significantly lower than that in Dubai.

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