Licence serves the individuals who wish to set up administration, consultancy, land, promoting, scholarly and other expert administration company. http://rak-ia.com/business-setup/business-license-categories/
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How to obtain business license in Ras Al Khaimah?Steps that will
lead you to successfully set up a company in this lucrative
business zoneRAKIA is the authority that provides licenses to
operate businesses in Ras Al Khaimah
RAKIA stands for Ras Al Khaimah Investment Authority
RAKIA offers licenses to operate businesses in both free zone
and non-free zone of Ras Al Khaimah
RAKIA offers 4 Types of Business Licenses
Four Types of Licenses offered by RAKIAGeneral Trading
License
Commercial License
Industrial License
Consultancy License
This business license is issued to companies involved in
import-export and warehousing of different product categories. The
license authorizes a company to sell imported products in UAE
market and transporting UAE manufactured products to foreign
countries. 1. General Trading License: 2. Commercial License:This
license empowers you to trade in maximum two diverse product
categories. You can do a whole bunch of business activities such as
import, export, warehousing, product distribution, manufacturing,
production consolidation, and production reconsolidation. This
license is also applicable for contracting, logistics, repairing,
maintenance, and other such business activities.
3. Industrial License: 4. Consultancy License:This license gives
you authority to import raw materials required for your company,
processing raw materials, manufacturing products, packaging
products, and shipping finished products to target destinations.
This license is applicable for a single product category. If you
want to start a marketing business or offer consultancy services,
this license provides you the requisite authorities. You can offer
consultancy service in different segments such as business
management, human resources, labour force, labour laws, business
development, logistics, accountancy, and many others.
Documents Required from Individuals and Service Agencies:Fully
filled license application formPhoto identity proofPhotocopies of
PassportPhotocopies of managers passportEducational certificates
Past experience certificatesA bank letter certifying that the
application has deposited a certain amount in the banks account
within last 3 monthsApproval letters from other government
authorities (if required)No objection certificate from the sponsor
of the applicant
Documents required from Companies:Photo id proofs of all
partnersPassport copies of all partnersFor RAK freezone trade
license, a company needs to appoint a representative or a manager
as attorney Passport copies of Power of AttorneyBusiness
PlanMemorandum and Articles of AssociationCompany registration
certificateCertificate of formation of the companyA list of Trade
Names formLLC companies need to submit income proof letter from a
bank or an exchange bureau, OR companys budget prepared by a
recognized auditor An approval letter from the Board of Directors
of the parent companyA foreign national company needs to get all
its company documents duly attested by the UAE embassy. The
documents might have to be attested by the Foreign Affairs Ministry
of UAE.
Procedure for setting up a business in RAKIA Free Zone:1.
Immigration Pre-Approval2. Company Registration3. Payment for
License and Facilities (Cash, Cheque, Credit Card, Bank Transfer)4.
Legal and Contractual Agreements & Approvals5. Receive Business
License and Lease Contract
Procedure for setting up a business in RAKIA Non-Free Zone:1.
Business Name & Activities Approval from Department of Economic
Development (DED)2. Immigration Pre-Approval3. Company
Registration4. Payment for Licence and Facilities5. Legal and
Contractual Agreements & Approvals6. Receive Business Licence
and Lease Contract
Contact USVisit Online: http://www.rak-ia.com
Call : +971 (7) 206 86 66
e-mail: [email protected]
* Please note that all kinds of business licenses are valid for
only one year time from the date of issuance. You need to re-new
the license every year before it gets expired.
