Business

Opening a Branch for an Economic Zone License Company

This service allows you to submit a request to open a branch for an Economic Zone  License Company through the Department of Economic Development in Ras Al Khaimah.

The First Case: In the case of opening an Economic Zone Branch, the company established in the  RAK Economic Zone is considered a foreign branch, and a Local Services Agent Contract between the company and the service agent is issued and certified by the notary.

The Second Case: To establish a Limited Liability Company between partners with Ras Al Khaimah Economic Zone (RAKEZ) authority, the license is considered limited and is independent.

Process Description 
1.    Fill out the License Application at the Department of Economic Development Ras Al Khaimah
2.    Submit all the required documents
3.    Pay the fee
4.    Collect the License 

Required Documents
     ✓ Initial approval from the Department of Economic Development to open a foreign company (for the First Case)
     ✓ Approval from the Ras Al Khaimah Economic Zone (RAKEZ) Authority to open a branch or include a partner 
     ✓ Copy of the main company’s or establishment’s Commercial License 
     ✓ Copy of the main company’s Memorandum of Association (if any)
     ✓ Copy of the Citizen’s (as a service agent or partner) valid Passport and ID card
     ✓ Copy of all partners’ passports, with visa/residency details (for expatriates) 
     ✓ The company’s Authorized Signatory (Authorized Manager), and a copy of his passport with visa/residency details 
     ✓ Service Agent Contract certified by the notary (for the first case), or a Memorandum of Association (for the second case)
     ✓ No objection letter from the sponsor certified by the Chamber of Commerce (if needed)
     ✓ Company minutes or resolution certified by the notary
     ✓ Original Rent Contract certified by the Municipality and a copy of Property Ownership after approval from the Inspection Division at the Department of Economic Development regarding the site

Fees
Click here to view the fees

Responsible Department 
Department of Economic Development in Ras Al Khaimah
Phone: +971 7 2271222  
Fax: +971 7 2271444
E-mail: rakded@economic.rak.ae
Hotline: 8007333
Website: 
www.ded.rak.ae