Business Setup & Consultation in Ras Al Khaimah

Free zone companies generally have lower setup costs, starting from AED 5,750 for basic packages. Mainland LLCs require more documentation but offer access to the entire UAE market. The total cost depends on your business activity, number of visas needed, and office space requirements. We help you find the most cost-effective option for your needs.

Yes. Since the 2021 Commercial Companies Law amendments, foreign investors can own 100% of mainland companies for most business activities. Free zones have always allowed 100% foreign ownership. Some strategic activities may still require a local partner or service agent.

A free zone company can be established in 3-5 business days. Mainland LLC formation typically takes 5-10 business days. The timeline depends on the jurisdiction, business activity, and document readiness. Bank account opening usually takes an additional 2-4 weeks.

RAK FTZ is a traditional free zone for operational businesses — it provides office space, warehousing, visa allocations, and operational infrastructure. RAK ICC (International Corporate Centre) is designed for holding companies, international trading, and investment vehicles — it offers lower costs but no physical office or visa allocations. Post-Corporate Tax, both are subject to UAE CT.

RAK ICC company formation costs approximately AED 10,000-15,000 including government fees, registered agent fees, and first-year registration. Annual renewal is around AED 8,000-12,000. Note that post-Corporate Tax, RAK ICC companies need to budget for CT registration, accounting, and annual CT return filing in addition to formation costs.

Yes, conversion is possible but involves a new license application with RAK FTZ, transfer of activities, and potential restructuring of Corporate Tax registration. We advise on the optimal timing and process for conversion, especially considering the tax implications of changing your entity structure.