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Business in Ras Al Khaimah

Departments within the RAK Government ministries provide services for companies and entrepreneurs to help them carry out their business ventures smoothly, professionally and efficiently. Government services are designed to prompt, hassle free and in keeping with highest standards. This section includes some of the services provided by Government departments in order to support and facilitate the process of conducting business in the emirate.

 

 

License Renewal

This service allows you to submit a request to renew all types of licenses through the Department of Economic Development in Ras Al Khaimah.

Process Description 
1.    Fill out the license renewal application 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)
Original Rent Contract certified by the Department of the Municipality 
Service Agent Contract or Partnership Contract Renewal (if expired)
Approval of other governmental bodies (if required)

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

Trade Name Change

This service allows you to submit a request to change the trade name for all types of licenses 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)
✓ List of five proposed names
✓ Approval of other governmental bodies (if required)
✓ Amendment of Partnership or Agent Service Contract to the new name (as an annex certified by the Notary Public)
✓ Contract 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 one day 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

Adding or Removing a Partner

This service allows you to submit a request to add or remove a partner for all company legal forms 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)
✓ Copies of the new partner/partners ‘ Passport and ID card for citizens, with residency details for expatriates
✓ Approval from governmental bodies on the addition of the new partner/partners (if required)
✓ Partner Interest Transfer Agreement certified by the Notary Public (in the case of the removal of a partner)
✓ No Objection Certificate for expatriate partners certified by the Chamber of Commerce
✓ Memorandum of Association Annex for the removal/addition of a partner/partners certified by the Notary Public present at the Department
✓ The 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 one day 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

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

Replacement of Heirs

This service allows you to submit a request to replace heirs 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)
✓ Death Certificate
✓ Document of Settlement of Succession certified by the court
✓ Attorney in the name of one of the inheritors certified by the Notary Public 
✓ Partnership or Service Agent Contract certified by the Notary Public (if required)
✓ Copy of the appointment of a guardian from the court in the case of minors
✓ Copy of Passport and Family Book of Heir Attorney
✓ Memorandum of Association Annex certified by the Notary Public(for companies or service agents)
✓ Memorandum of Association Annex (after amendment) certified by the Ministry of Economy (through the typing centers at the Department of Economic Development) 
✓ Approval from related entities (if required)
✓ Rent Contract certified by the Municipality (if the license holder has rented the shop or apartment)

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

Change, Addition or Removal of Activities

This service allows you to submit a request to change, remove or add an activity on the license 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 

Requirements and Conditions 
     ✓ An announcement should be published in one of the official newspapers for one day through the Department of Economic Development (if the activity affects the trade name)
     ✓ The place of business shall be in line with the activities requested for addition (in the opinionof the Department of Consumer Control and Protection)
     ✓ Amend the trade name if necessary

Required Documents
     ✓ Original Department of Economic Development and Chamber license (if valid)
     ✓ Board of Directors’decision to change the activity, in the case of companies
     ✓ Approval from other governmental bodies in regard to the requested activity - if required (change, removal and addition)
     ✓ Memorandum of Association Annex indicating the change of activities (for all company types)in the case of change, addition or removal of activities.
     ✓ Memorandum of Association Annex (after amendment) certified by the Ministry of Economy (through the typing centres at the Department of Economic Development)

Fees
Click here to view the fees

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

Changing the Location of Activity Practice

This service allows you to submit a request to change the location of activities 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)
     ✓ OriginalRent 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
     ✓ Disclaimer from the previous property owner
     ✓ Approval from other governmental bodies in regard to the change of location (if required)
     ✓ Report certified by the Department of Consumer Control and Protection

Fees
Click here to view the fees

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

Change of Director

This service allows you to submit a request to change the Director 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 

Requirements and Conditions 
     ✓ If the Director is an expatriate, his Residency Visa must be sponsored by the same enterprise

Required Documents
     ✓ Original Department of Economic Development and Chamber license (if valid)
     ✓ Copy of the new Director’s passport (if not a licensed partner)
     ✓ Main company’s Board of Directors’ decision and authorization of new Director
     ✓ Approval from other governmental bodies (if required)
     ✓ No Objection Certificate from the sponsor certified by the Chamber of Commerce (if required)
     ✓ Memorandum of Association Annex certified by the Notary Public (for companies)
     ✓ Memorandum of Association Annex (after amendment) certified by the Ministry of Economy (through the typing centers at the Department of Economic Development)

Fees
Click here to view the fees

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

Company Capital Amendment

This service allows you to submit a request to amend the capital of the company 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 

Requirements and Conditions 
     ✓ An announcement should be published in one of the official newspapers for one day through the Department of Economic Development (in the case of reduction of the capital)

Required Documents
     ✓ Original Department of Economic Development and Chamber license (if valid)
     ✓ Original Certificate of Capital Deposit issued by a bank operating in the UAE or a report from an accredited auditor
     ✓ Memorandum of Association Annex indicating the change of capital certified by the Notary Public
     ✓ Board of Directors’ decision to amend the capital
     ✓ Memorandum of Association Annex (after amendment) certified by the Ministry of Economy (through the typing centers at the Department of Economic Development)

Fees
Click here to view the fees

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

License Cancellation

This service allows you to submit a request to cancel the license (all types all licenses) 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

Requirements and Conditions 
     ✓ An announcement should be published in one of the official newspapers for a period of one week (in the case of individual enterprises), and the Declaration of the Partnership Dissolution for a period of two weeks (in the case of companies)
     ✓ Attendance of the license holder

Required Documents
     ✓ Original Department of Economic Development and Chamber license (if valid)
     ✓ Establishment Cancellation Letter from the Ministry of Labour
     ✓ Disclaimer from the owner of the property (in case it is less than a year before the expiration of the license)
     ✓ Partnership Dissolution Contract certified by the Notary Public present at the Department

Fees
Click here to view the fees

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

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