1 Visa Package
1 residence visa · 1-year licence
AED 10,450
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
MAINLAND · RAS AL KHAIMAH
Fintech & Payments on Ras Al Khaimah Mainland
Payment technology, lending platforms, wealth-tech and financial software
5–7 daysSetup time100%OwnershipUp to 3 visasVisas
- 5–7 daysSetup time
- MainlandLicence type
- Flexi | PhysicalOffice / facility
- Up to 3 visasVisa eligibility
- StandardApprovals needed
- From AED 8,250Renewal cost
About RAK
Why Ras Al Khaimah
Choosing Ras Al Khaimah mainland gives you a licence that landlords, government departments and large corporate clients recognise without a second thought. As a rule, mainland company formation in Ras Al Khaimah is the right choice when your customers are inside the UAE, when you need a shop, clinic or contracting classification, or when visa quota matters. On the ground, building financial software is a technology licence. Handling client money, lending, or issuing payment instruments requires Central Bank, DFSA or FSRA authorisation. Many founders start with a tech licence and apply for regulatory sandbox entry. Fintech & Payments in Ras Al Khaimah means payment technology, lending platforms, wealth-tech and financial software, and it is licensed as a professional activity.
From day one, ras Al Khaimah mainland licences are granted by the Ras Al Khaimah Department of Economic Development (RAK DED), which currently processes most standard files in around 4 working days (Monday to Friday). Government and semi-government tenders in Ras Al Khaimah require a mainland licence and Chamber of Commerce membership, both of which GoldenKey arranges. In short, ras Al Khaimah is a sensible home for fintech & payments because payment technology, lending platforms, wealth-tech and financial software is a well-understood activity there and the approvals are routine.
Packages & cost
Pricing — choose the right package for your business
Use the table below to compare packages for fintech & payments on Ras Al Khaimah mainland; we will confirm the exact total for your case in a written quotation. Day to day, the figures below for fintech & payments on Ras Al Khaimah mainland are updated by GoldenKey whenever the licensing authority changes its fees, so the price you see is the current one.
2 Visa Package
2 residence visas · 1-year licence
AED 14,850
- Trade licence & registration
- Establishment card included
- 2 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
3 Visa Package
3 residence visas · 1-year licence
AED 18,700
- Trade licence & registration
- Establishment card included
- 3 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
Additional visaAED 2,750
Annual renewalAED 8,250
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-27.
Business activities
Explore business activities in RAK
RAK licenses trading, service, professional and industrial activities. Search every activity we license across the UAE and see where it is available and what it costs.
Required documents
Documents required
Just as important, the document list for fintech & payments on Ras Al Khaimah mainland is short, and most clients already have everything on it.
Scanned colour copies are enough to start. We check every item before anything is submitted.
For individuals
- Passport photographs on a white background
- Attested parent-company paperwork for corporate shareholders
- Passport copies of all shareholders and the manager
- External approvals where the activity requires them, for example from the health authority, RERA or the municipality
- The notarised memorandum of association, which GoldenKey drafts for you
- A tenancy contract for an office or shop registered with the emirate's system (Ejari in Dubai)
For companies
- Certificate of incorporation (attested)
- Memorandum & articles of association
- Board resolution approving the UAE company
- Passport copies of shareholders & directors
- Company profile / business plan
Our process
How Ras Al Khaimah works with GoldenKey
- 1
Activity and legal form
We select the correct activity codes from the Ras Al Khaimah Department of Economic Development (RAK DED) list and the legal form, usually a LLC or a sole establishment. If the authority raises a query on fintech & payments on Ras Al Khaimah mainland at this stage, we handle it the same day.
- 2
Trade name and initial approval
GoldenKey reserves your trade name and obtains initial approval from the Ras Al Khaimah Department of Economic Development (RAK DED), including any external approvals your activity needs.
- 3
Office, MOA and submission
As we tell every client, the memorandum of association is signed (online or before the notary), your tenancy is registered and the complete file is submitted to the Ras Al Khaimah Department of Economic Development (RAK DED). If the authority raises a query on fintech & payments on Ras Al Khaimah mainland at this stage, we handle it the same day.
- 4
Licence, Chamber and immigration
With the licence in hand we register with the Chamber of Commerce and open the immigration and MOHRE files for your visas.
Frequently asked questions
Frequently asked questions
Straight answers about RAK. Anything else — ask GK AI or message us.
View all FAQsDo I still need an Emirati partner for a Ras Al Khaimah mainland company?
In practice, for most commercial and industrial activities, no. Since 2021 foreign nationals can own 100% of a Ras Al Khaimah mainland LLC. A short list of strategic activities still requires Emirati participation, and GoldenKey checks your activity before you commit.
Can I convert my free zone company to a Ras Al Khaimah mainland company?
You cannot convert directly, but you can open a mainland branch of your free zone company or set up a new mainland LLC and transfer the business. GoldenKey advises on the most tax-efficient route.
Are Ras Al Khaimah 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.
Is fintech & payments allowed in Ras Al Khaimah?
To be clear, fintech & Payments is not a natural fit for {ent} because building financial software is a technology licence. GoldenKey will recommend the jurisdiction where it is licensed without restrictions and explain why.
Can I combine fintech & payments with other activities?
Put simply, in most cases yes. Related activities can share one licence, while unrelated ones may need a general trading licence or a second licence.
Get a free quote
Ready to start your business in RAK?
Prefer to visit? Our Ajman office welcomes walk-ins during working hours, and we can also meet you in Dubai or Sharjah by appointment to discuss fintech & payments on Ras Al Khaimah mainland.
Good to know
More about RAK
Why the UAE
The UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many company owners choose it as a base for fintech & payments on Ras Al Khaimah mainland. From day one, the dirham has been pegged to the US dollar since 1997, which removes currency risk for fintech & payments on Ras Al Khaimah mainland and makes international pricing simple.
Why GoldenKey
In practice, we speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for fintech & payments on Ras Al Khaimah mainland. Importantly, because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which papers each of them will ask for on a Ras Al Khaimah file. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with fintech & payments on Ras Al Khaimah mainland, so the paperwork, approvals and timing hold no surprises for us.
