A valid business licence is the foundation of running any activity in Ras Al Khaimah, whether it is commercial, professional, industrial, or otherwise. To support companies in staying compliant and maintaining uninterrupted operations, the Department of Economic Development (DED) offers a licence renewal service for all types. This service ensures that businesses and individuals can get a licence back in Ras Al Khaimah, continue operating legally, avoid penalties and preserve their credibility.
Process and Steps to Get a Licence Back in RAK
This service lets businesses in Ras Al Khaimah renew any type of licence, whether commercial, professional or industrial, through DED. By submitting a renewal request, providing the required documents and paying the fee, the applicant can easily update their licence and continue operating legally without interruptions.
SERVICE STEPS
Here are the steps to get a licence back in RAK:
- Begin by completing the licence renewal application form at DED in RAK. Make sure all details are accurate and updated.
- Provide the necessary paperwork and any additional approvals required by other government bodies.
- Once your application and documents are reviewed, you will need to pay the prescribed renewal fee. The cost varies depending on the type of licence and business activity.
- After payment and processing, the DED will issue your renewed licence. You can then collect it.
REQUIRED DOCUMENTS
Applicants must submit the following documents to renew or get a licence back in Ras Al Khaimah:
- Original Department of Economic Development and Chamber licence (if valid)
- Original Rental Contract. It must be certified by the Department of the RAK Municipality
- Service Agent Contract or Partnership Contract Renewal (in case it’s expired)
- Approval of other governmental bodies (if required)
SERVICE FEES
The fees for new, renewal, or to regain a licence in Ras Al Khaimah vary depending on the category.
- Category One is AED 10,000
- Category Two is AED 5,000
- Category Three is AED 2,500
- Category Four is AED 1,000
- Category Five is AED 400
- For a new or renewal of an Al Ghad licence, the fee is AED 1,000.
FAQs
How can I get my suspended licence back in Ras Al Khaimah?
To get a licence back in Ras Al Khaimah, businesses and individuals can go to DED for the renewal service.
What is the property registration fee in RAK?
The property registration fee in Ras Al Khaimah is 2% of the property’s purchase price.
Can foreigners buy property in Ras Al Khaimah?
Yes, foreigners can buy property in Ras Al Khaimah, but only in designated freehold and leasehold areas.
These were the details of how to get a licence back in Ras Al Khaimah. The process has certain requirements and is quite simple and straightforward. Make sure you are aware of such licences when buying or renting a property in RAK to comply with the legal requirements.
Furthermore, for lucrative investment opportunities, check out these new residential projects in RAK that offer a plethora of choices.
To learn more about RAK’s real estate market, keep reading dubizzle’s property blog.
