Business

License Assignment

This service allows you to submit a request for a license assignment through the Department of Economic Development in Ras Al Khaimah.

Process Description 
1. Fill out the application form at the Department of Economic Development in Ras Al Khaimah
2. Submit the required documents
3. Pay the fee
4. Collect the new license 

Required Documents
✓ Original Department of Economic Development and Chamber License (if valid)
✓ Copy of Assignee’s Passport and ID cards for citizens, and residency details for expatriates
✓ Rent Contract in the name of the assignee covering the license period
✓ No Objection Certificate for expatriate partners certified by the Chamber of Commerce
✓ Partnership or Service Agent Contract certified by the Notary public (if required)
✓ Assignment Contract certified by the Notary Public present at the Department
✓ Memorandum of Association Annex (after amendment) certified by the Ministry of Economy (through the typing centers at the Department of Economic Development) 

Requirements and Conditions 
✓ An announcement should be published in one of the official newspapers for a period of two weeks through the Department of Economic Development

Fees
Click here to view the fees

Responsible Department 
Department of Economic Development, Ras Al Khaimah
Phone: +971 7 227 1222  
Fax: +971 7 227 1444
E-mail: info.ded@economic.rak.ae
Hotline: 800 7333
Website: www.ded.rak.ae