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How to Get a Trade License in Ras Al Khaimah

Ras Al Khaimah is one of the seven Emirates in the UAE that has upheld its position as an ideal business setup location as well as a go-to investment region for foreign investors. With its prime location, incessant government efforts, and vibrant and diversified economy, has gradually grown and gained credibility in the Middle East. That is why all business sectors of the trade, including professional services are attracted to start a venture in the region and obtain a trade license in Ras Al Khaimah. Shuraa offers a full range of services to investors worldwide.

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How to Get a Trade License in Ras Al Khaimah

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  1. HOW TO GET A TRADE LICENSE IN RAS AL KHAIMAH

  2. How to Get a Trade License in Ras Al Khaimah Establishing a company and conducting business in the UAE necessitates acquiring a valid business license. Similarly, in Ras Al Khaimah, setting up a company requires obtaining an emirate-specific business license. Prior to applying for a license, it is essential to determine company will engage in and the appropriate structure. Whether you’re a startup, an established company looking to expand in Ras Al Khaimah, or an entrepreneur aiming to diversify products and services under one entity and operate nationwide, there are licenses allowing multiple business activities. If you require assistance appropriate business license or need support throughout the business setup process, including document compilation, submission, and payments, Shuraa Business Setup team of company formation experts is available to guide you through the entire journey of obtaining your business license and conducting business activities in the UAE. the activities your in selecting the

  3. Types of Trade Licenses in Ras Al Khaimah RAKEZ issues a range of business licenses, including: 1. Industrial License: This license encompasses manufacturing, processing, assembling, and packaging. 2. Trading License: Trading licenses cover import, export, distribution, warehousing, and various trading activities. 3. General Trading License: This license allows for various trading activities, including import, export, storage, and distribution. 4. Commercial License: Activities under this license include contracting, repairing, maintenance, renting, and operating shops and restaurants. 5. Consulting/Service License: This license category includes any form of management, business, industrial consultancy, or professional services, including real estate consulting. 6. Media License: Media licenses encompass a broad spectrum of media and communication services.

  4. Obtaining a Trade License in Ras Al Khaimah Acquiring a RAK trade license involves several essential steps: 1. Business Type Selection 2. Activity Specification 3. Trade Name Selection 4. Initial Approval 5. License Approval and Modifications 6.Payment Allocation 7.Fee Payment and Document Issuance

  5. Documents Needed for Obtaining Your Trade License in Ras Al Khaimah To secure your trade license in Ras Al Khaimah, you’ll need to provide the following documents: 1.Passport Copy of the Shareholder 2.Passport Size Photograph 3.Company Trade name option Note: The business license is valid for one year and must be renewed after the expiry to maintain legal compliance.

  6. Ras Al Khaimah Trade License Cost The cost of obtaining a trade license in Ras Al Khaimah is variable and depends on the type of license as well as the nature of the planned business activities. Several factors contribute to the fee calculation, such as the business type, the number of employees, the office space size, and the business’s annual turnover. Here are the approximate ranges for trade license fees in RAK: Trading License: AED 10,000 to AED 20,000 per year* General Trading License: AED 10,000 to AED 20,000 per year* Consulting/Service License: AED 10,000 to AED 20,000 per year* Media License: AED 10,000 to AED 20,000 per year* Note: These approximate figures may vary based on specific business circumstances and requirements.

  7. Renewing Your Trade License in Ras Al Khaimah Renewing a company license in Ras Al Khaimah involves the following steps: Valid Lease Agreement: Ensure you have attested by Ejari for at least one month. a good lease Application Submission: Apply for license renewal at Ras Al Khaimah Department of Economic Development (RAK submitting all required documents. DED) by

  8. DOCUMENTS NEEDED FOR LICENSE RENEWAL IN RAS AL KHAIMAH To facilitate the renewal process, you will need the following documents: Typed Certificate: A completed BR/1 form, a copy of the tenancy agreement, and a certificate of Ejari registration are essential documents. BR/1 Form, Tenancy Agreement, and Ejari Registration Copy of the Current Business License: Provide a copy of your existing business license for verification purposes. Passport Copies of Shareholders and Business Partners: Include copies of passports belonging to each shareholder and business partner associated with the company. Ensuring the submission of these documents will simplify your Ras Al Khaimah trade license renewal procedure.

  9. Discover the Support from Shuraa Business Setup At comprehensive assistance to investors and entrepreneurs seeking companies in the UAE. business incorporation to securing suitable office spaces, we provide a complete spectrum of services. Our seasoned consultants, with their wealth of experience, ensure a hassle- free process for our clients. Shuraa Business Setup, we extend to establish From their initial the

  10. CONTACT US : +971 44081900, +971 507775554 THANK YOU We look forward to working with you info@shuraa.com www.shuraa.com Sheikh Zayed Road, Office 501, 5th floor, Aspin Commercial Tower, Dubai, UAE

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