How to Start a Business in Ras Al Khaimah (RAK): A Practical Guide
Ras Al Khaimah (RAK), one of the seven emirates of the UAE, has become a top destination for international entrepreneurs and investors. Known for its pro-business regulations, low-cost setup, and flexible corporate environment, RAK offers a strategic base for companies looking to serve regional and global markets. If you’re exploring how to start a business in Ras Al Khaimah (RAK), this guide outlines the process — and how Swiss Global Corporate Services ensures you get it done efficiently and compliantly.
Why Ras Al Khaimah is Ideal for Starting a Business
Before diving into the steps for how to start a business in Ras Al Khaimah (RAK), let’s explore what makes this emirate stand out:
- 100% foreign ownership allowed (in Free Zone and some Mainland activities)
- No personal or corporate income tax
- Affordable setup and renewal fees
- Strategic location with access to UAE, GCC, and international markets
- Full repatriation of profits and capital
- No currency restrictions
- Reliable banking and business infrastructure RAK is particularly popular for trading companies, consultancies, logistics, holding structures, and e-commerce setups.
Step-by-Step Process: How to Start a Business in Ras Al Khaimah (RAK)
Step 1: Selecting the Right RAK Jurisdiction for Your Business
RAK offers multiple options depending on your goals:
- RAK Free Zone (RAKEZ) – Ideal for full ownership, simple licensing, and streamlined setup
- Mainland RAK – For companies that wish to trade directly within the UAE market Swiss Global Corporate Services helps you assess the best structure for your needs.
Step 2: Choosing Your Business Activity and Legal Entity in RAK
We assist you in selecting an approved business activity and an appropriate legal entity (e.g., LLC, Free Zone Company, or Branch Office). Your business license will depend on this selection.
Step 3: Reserving Your Business Name in Ras Al Khaimah
We check name availability and complete the reservation process with the relevant RAK authorities.
Step 4: Submitting Documents to Register a Company in RAK
We collect and process all required documents, including:
- Shareholder and director details
- Passport copies and proof of address
- Business plan (for certain activities)
- Application forms and KYC documents Swiss Global Corporate Services ensures your file is complete and compliant to avoid unnecessary delays.
Step 5: Receiving Your RAK Trade License and Certificate of Incorporation
Once your documents are approved, your business will receive its trade license and certificate of incorporation — often within a few days.
Opening a Corporate Bank Account in Ras Al Khaimah
A business in RAK must have a functioning bank account to operate effectively. We support you throughout the process of opening a corporate bank account with top-tier banks in the UAE or internationally. Our services include:
- Preparing all banking documents
- Matching your business profile with suitable banks
- Coordinating communication and KYC requirements
- Minimizing approval time and avoiding rejections Thanks to our local network, we significantly increase the success rate of bank account approvals.
Required Documents: What You Need to Start a RAK Company
To register your company, you’ll typically need:
- Copies of shareholders’ and directors’ passports
- Proof of address (e.g., utility bill or bank statement)
- Business name and activity selection
- Description of business operations
- Application and compliance forms We manage the entire documentation process for your convenience.
Why Partner with Swiss Global Corporate Services in RAK?
When it comes to how to start a business in Ras Al Khaimah (RAK), partnering with experienced professionals saves you time, money, and potential errors. Swiss Global Corporate Services offers:
- Full company formation services in RAK Free Zone and Mainland
- Corporate bank account setup in the UAE and abroad
- Tailored advice based on your structure and goals
- Multilingual support and clear, responsive communication
- Full compliance and confidentiality throughout
Contact Us to Start Your Business in Ras Al Khaimah
Ras Al Khaimah is a gateway to opportunity in the UAE and beyond. Whether you’re expanding or just starting out, Swiss Global Corporate Services makes the process smooth and secure. Contact us today to speak with one of our advisors and start building your company in RAK with confidence.