Every year a suitable license is needed for setting up a business at Ras Al Khaimah. The Free zone Authority handles the issuance of business licenses and its registration to the non-resident companies, and the federal government regulates the licensing procedures. Four kinds of licenses are obtained from the Ras Al Khaimah free zone authorities

Hassle-free process is handled when setting up a business in the free zones. You have to follow the steps to set up a business in Ras Al Khaimah free zones:

The Type of Business Activity determination

You have to decide the type of business activity before the license issuance procedure initiation.

You must abide for each activities rules and regulations. In certain locations, there are some activities forbidden which you have to keep an account of before proceeding further.

The Trade Name Registration

It is mandatory to choose the suitable and unique trade name for your company, once you determine the business activity. Initial approval must be obtained by the investor before registering the trade name with the authorities.

Obtain Approvals from the Free Zone Authority

Once getting the initial approval for your trade name and fulfilling all the requirements, you must obtain approval for issuance of the business license.

Issuance of License

On the concerned authorities approval, the investor can proceed to fulfil the legal requirements of business license issuance from its free zone authority. The license can be issued in a week as you go through the process. License are given for a year, then it gets renewed each year. The audit reports must be submitted to apply for the renewal.