United Arab Emirates

United Arab Emirates

Company Formation in RAK Mainland

Emirate of Ras Al Khaimah — RAK Department of Economic Development

Formation Time
5–7 business days
Min. Capital
No minimum
Corporate Tax
9%
Foreign Ownership
100%

Overview

Ras Al Khaimah (RAK) is one of the UAE's fastest-growing emirates, known for its industrial base, tourism development, and competitive business costs. RAK mainland companies benefit from lower costs than Dubai and Abu Dhabi while maintaining full UAE market access. The emirate is home to major industrial operations including RAK Ceramics and several cement companies, making it particularly attractive for manufacturing and industrial businesses.

Industrial hub
Competitive costs
Growing tourism

Why Choose RAK Mainland

1

Competitive costs — lower than Dubai and Abu Dhabi

2

Strong industrial and manufacturing base

3

Growing tourism sector

4

Full UAE market access

5

RAKEZ free zone nearby for dual structures

Business Entity Types

EntityOwnershipDirectorsCapitalTaxBest For
LLC100%1No minimum9%Manufacturing, trading, industrial

Step-by-Step Formation Process

1

Application

1–2 days

Apply to RAK DED.

2

Documents & Office

2–3 days

Prepare and secure office.

3

Licence

1–2 days

Receive trade licence.

Costs & Fees

Government / License FeeAED 7,000 – 14,000
Our Service FeeUSD 3,500+
Annual RenewalAED 5,500+

Fees are indicative and may vary based on business activity, entity type, and additional approvals required. Contact us for a precise custom quote.

Get Custom Quote

Banking

RAKBANK is the dominant local bank.

Account Opening Time
2–4 weeks
Multi-Currency
Yes — multiple currencies supported

Recommended Banks

RAKBANKEmirates NBDMashreq

Tax Overview

Corporate Tax
9%
Personal Income Tax
0%
VAT / Sales Tax
5%
Capital Gains Tax
9%
Withholding Tax
0%
Double Tax Treaties
137 countries