Company Formation in Ras Al Khaimah Mainland

Form Your Company in Ras Al Khaimah’s Mainland with the Expert Consultants at MSZ Consultancy.

Ras Al Khaimah Mainland (RAK) is situated just 45 minutes away from Dubai, making it a prime spot for company formation. The Mainland is known for its liberal government policies, state-of-the-art infrastructure, and thriving economy. What makes this Emirate stand out in the UAE is its strategic location. Not only is it close to Dubai, but it borders the Sultanate of Oman and is settled between the Arabian Gulf and the Hajjar Mountains. This gives investors a great location for global business. But that’s not all. There are also several advantages of business on the Mainland, like no currency restrictions, no mandatory annual auditing, and no limit on the number of business activities.

Hassle-Free Company Formation in Ras Al Khaimah Mainland

Business on Ras Al Khaimah Mainland is booming. The area has quickly emerged as the preferred investment choice for global investors. To start a business on Ras Al Khaimah’s Mainland, you will need to go through the required steps and make sure you have all the proper paperwork. MSZ Consultancy is well-versed with the laws and regulations for business in the UAE. We will make sure you have all the required documents and meet all the deadlines for a hassle-free company formation.

The Process to Setup a Company in RAK Mainland

Business setup in Ras Al Khaimah is easy, but investors need to make sure they follow all the legal procedures. Here are the steps needed for Ras Al Khaimah formation Mainland:

Decide on your business activity

You will need to decide what type of business you are going to be doing. This will help make it easier to apply for your business license.

01

Decide on a corporate structure for your business

This will depend on the type of business you are doing and how many shareholders you need.

02

Get initial approval from authorities

This will allow you to proceed with the rest of the registration.

03

Register your trade name

Choose a unique name for your company and submit it to the Department of Economic Development.

04

Final Approval

Submit the required documents. You will also need to visit authorities to get final approval.

05

Get a business license

After getting approval from authorities, then you will be issued your business license.

06

Office Space

Now it is time to finalize your office space and get it examined by authorities for approval.

07
Documents Required
Copies of passports and visas for all shareholders, directors, and managers
Copies of RC no obligation letter, land map, national ID, family book
A No Objection Certificate
A business plan
Consent of legal affairs
License application form
Get approval from the ministry of economy
Notarized certification of the partnership contract
Technical evaluation report
Trade name certificate
Business Licenses for Mainland RAK Company Foundation

In order to have a business in Ras Al Khaimah, you will need to have a license. A business license is what makes your business legal. There are three different licenses to choose from in RAK

General Trading License

This is also known as a trade license. This license allows you to import and export goods in and out of the UAE. You will be able to trade up to two different categories without restrictions.

Professional License

You can carry out professional services with this license, such as consultancy, IT, design, development, and many others.

Industrial License

This license allows investors to import raw materials, carry out the production of specified goods, and export the finished product

Industrial License
Why Mainland RAK Company Formation is Right for You?
  • A great location with the presence of logistics hubs like seaports, international airports, and highways.
  • Low rental rates on the Mainland.
  • Liberal government policies.
  • Complete privacy, confidentiality, and protection of assets and information.
  • Companies don’t have to pay any taxes.
  • Prospects of development of the international tourism industry.
  • Low-cost warehouses.
  • 100% repatriation of capital and profits.
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Selecting Your Corporate Structure in RAK Mainland

Before you do business, you will need to decide on what type of company structure you will use for your company. Each entity has its own requirements. Here are the legal forms that Ras Al Khaimah offers to investors:

 

  1. Limited Liability Company – This is the most common form of business type. With an LLC, a company can form with a minimum of two and a maximum of 50 shareholders.

 

  1. Joint Venture Company – A Joint Venture is a contractual agreement between a foreign and a local party.

 

  1. Public/Private Shareholding Company – A Public Joint Stock Company must have a minimum of ten shareholders. A Private Joint Stock has a minimum of three. Unlike a Public Joint Stock Company, the shares cannot be made public for a Private Joint Stock Company.

 

  1. Free Zone Company – A Free Zone Company (FZCO) is a limited liability company. It needs two or more shareholders and a minimum capital of AED 250,000.

 

  1. Free Zone Establishment – This type of company can be owned by a sole person or a corporate body. A Minimum capital of AED 150,000 is required to set up a Free Zone Establishment.

 

  1. International Business Company – There are no limitations on the number of shareholders or directors for an international business Shareholders aren’t required to hold annual meetings or file audits.
Mainland RAK Company Formation with Experienced Business Consultants

Ras Al Khaimah is known for having one of the most developed economies in the UAE. So, it’s a hotspot for both local and foreign investors right now. Are you ready to start the process to get your company formed? If so, we want to help. There are legal procedures, licensing, and business formation requirements that must be fulfilled in order to register your company on the Mainland. That’s why you will want to partner with a team of expert consultants that specialize in business setup in the UAE. We are that expert team that will make sure you follow all the rules and get all the right paperwork in on time to get your company running. Contact us today at +971 52 544 1248 for your free consultation!

Trademark Registration

Protect your intellectual properties with the help of MSZ Consultancy. We offer trademark registration, patent registration, web domain registration, copyright registration, and more. Let us help protect the business that you worked so hard to build.

Local Sponsorship

Starting a company in RAK Mainland needs a local sponsor. We know it’s hard to find someone to sponsor your business if you don’t have any connections in RAK. That’s where we help! We will help you find a feasible and reliable UAE local sponsor to help with the government dealings and paperwork.

PRO Services

Setting up a business can be overwhelming. We offer PRO services to help you through the entire cycle of formalities needed to get your company started and keep it successfully running. We help with family visas, passport clearance, security passes, and much more.

Bank Account Assistance

Opening a bank account for corporate use differs from bank to bank. You will have to make sure you complete all the necessary steps and complete the required applications to get your account open. MSZ Consultancy can guide you through the process.

Product Registration

Product registration is important to ensure consumer safety and stop fake products. In the UAE, every product needs to be registered with the Municipality. MSZ Consultancy will make sure you have everything you need to successfully register your products.

Business Centers

We offer attractive packages and solutions for strategically located office spaces throughout the UAE.

Company Liquidation

We can assist you with closing your business. MSZ Consultancy can handle business name cancellation, employee payments, and coordinate with authorities to ensure a smooth, hassle-free liquidation completion.

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