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In order to set up a business in Ras Al Khaimah free zones, the suitable license is required. The registration and issuance of business licenses to non-resident companies in Ras Al Khaimah are handled by the Free Zone Authority, and other licensing procedures are regulated by the federal government.
a) General commerce License: This type of license combines commerce and industrial requirements.
It enables trade in more products, serving a variety of businesses. However, trading is forbidden for some goods, including guns, medicine, alcohol, and other things that are subject to particular laws and regulations.
b) Commercial License: Individuals who engage in trade within the nation are granted a commercial license. Stated differently, it allows for the exchange, purchase, and sale of products, commodities, and services.
c) Industrial License: Business owners in RAK who set up their establishments to manufacture, import, export, and package goods in accordance with government regulations utilize an industrial license, which is a different kind of license.
d) Service License: Anyone conducting consulting or providing services in any industry inside the Emirate is eligible to apply for a service license.
e) Professional License: Those who offer professional services, such as physicians, attorneys, consultants, etc., are granted a professional license. It describes itself as an official acknowledgment of their professional practice.
Selecting the type of business like commercial, professional, or industrial activity is the first step.
Based on the on the type of business you are running , you will choose the corporate entity type for your business at this phase.
You must decide on the location where your business will be registered, whether it is on the Mainland, Free Zone, or Offshore
Selecting a unique name and submitting it to the Department of Economic Development are requirements.
Before your license is granted, you may be required to fulfill any further conditions as decided by the Department of Economic Development..
The Department of Economic Development's Monitoring and Consumer Protection Administration will visit the location after you've located it and grant final clearance.
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