WhatsApp quoteJust as important, al Hamra is RAK's resort, golf and free zone area, and it is one of the locations founders ask GoldenKey about most when planning a Ras Al Khaimah mainland company. GoldenKey arranges the licence, tenancy registration and visas for companies locating in Al Hamra, and we can recommend business centres and landlords in the area. Setting up a business in Al Hamra means a Ras Al Khaimah mainland licence from the Ras Al Khaimah Department of Economic Development (RAK DED), an office or shop registered in the district and the approvals your activity needs.
Who sets up in Al Hamra
Al Hamra attracts manufacturers, tourism operators and construction suppliers. Rents, footfall and parking differ from street to street, so we advise viewing two or three units before signing.
Licensing steps for Al Hamra
To be clear, the licence is issued by the Ras Al Khaimah Department of Economic Development (RAK DED). GoldenKey reserves the name, obtains initial approval, registers your tenancy contract for the Al Hamra unit and submits the file; municipality and civil defence approvals follow for shops and food outlets.
Costs
Licence packages for Ras Al Khaimah mainland start from AED 9,500, plus rent for your Al Hamra premises and any external approvals. We confirm every figure in writing.
Licensing steps
Step 1Activity and legal form
GoldenKey maps your business to the right Ras Al Khaimah Department of Economic Development (RAK DED) activity codes and recommends the legal form that fits ownership and liability needs.
Step 2Trade name and initial approval
As a rule, your trade name is reserved and initial approval secured from the Ras Al Khaimah Department of Economic Development (RAK DED), together with any external approvals the activity requires. If the authority raises a query on setting up a business in Al Hamra at this stage, we handle it the same day.
Step 3Office, MOA and submission
After the MOA is signed and the office tenancy registered, GoldenKey lodges the full file with the Ras Al Khaimah Department of Economic Development (RAK DED).
Step 4Licence, Chamber and immigration
The Al Hamra mainland licence is released, Chamber membership activated, and we open the establishment and labour files so visa processing can start. Expect clear updates from your GoldenKey consultant while this step runs for setting up a business in Al Hamra.
Ras Al Khaimah mainland pricing
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
| Additional visa | AED 2,500 |
|---|---|
| Annual renewal | AED 7,500 |
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-06.
Why GoldenKey
GoldenKey builds its own CRM and client portal, so you can see the status of your Al Hamra application, download your papers and pay invoices from your phone. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with setting up a business in Al Hamra, so the paperwork, approvals and timing hold no surprises for us.
Put simply, start your Al Hamra journey with a free consultation: share a few details about your business and we will map out the fastest route to your licence.
Frequently asked questions
Do I still need an Emirati partner for a Al Hamra mainland company?
For most commercial and industrial activities, no. Since 2021 foreign nationals can own 100% of a Al Hamra mainland LLC. A short list of strategic activities still requires Emirati participation, and GoldenKey checks your activity before you commit.
How long does Al Hamra mainland company formation take?
For most clients, with documents and a tenancy contract ready, the Ras Al Khaimah Department of Economic Development (RAK DED) typically issues the licence within 4 working days. External approvals for regulated activities add time.
How much office space do I need for a Al Hamra mainland licence?
Crucially, the Ras Al Khaimah Department of Economic Development (RAK DED) requires a registered tenancy for most licences. A small office or a desk in a business centre is enough for a few visas, and the visa quota increases with the floor area.
Are Al Hamra mainland companies subject to corporate tax?
Yes. Mainland companies pay 9% corporate tax on profits above AED 375,000 and must register with the FTA, which GoldenKey handles as part of your setup.
