Business Setup in Ras Al Khaimah

Any geographic region under UAE government control that is not a Free Zone is referred to as a mainland. Although they are unable to trade in the Free Zones, these commercialized areas are able to trade within the mainland.

The emirate has one of the most advanced economies in the Emirates thanks to their standardized laws and regulations. With an amendment to the Commercial Companies Law (CCL) that went into effect on June 1, 2021, an Abu Dhabi mainland company can now conduct business throughout the United Arab Emirates, enabling foreigners to own 100% of the company.

Why is RAK an ideal place for Business Formation?

Due to the expanding economy and business-oriented advancements in the emirate, including government policies, contemporary infrastructure, and amicable international relations, Ras Al Khaimah has seen a recent influx of foreign investors, drawing in business owners and investors to register their companies there.The following are the facilities and incentives issued by the authorities of the Emirate.

      • Complete ownership.
      • Guarantees the safety of investments.
      • Profits and capital are returned 100%.
      • There are no taxes on corporate or personal income.
      • No import, export, or service-related customs duties.
      • Incentives offered by the government to investors.
      • Business-friendly and hassle-free legal regulations.
      • No quotas, trade barriers, or restrictions on foreign exchange.
      • A welcoming atmosphere for businesses and a simple incorporation procedure.
      • 100% of import and export commercial levies are exempt from taxes.