WhatsApp quoteDay to day, choosing Ras Al Khaimah mainland gives you a licence that landlords, government departments and large corporate clients recognise without a second thought. Since the 2021 ownership reforms, most Ras Al Khaimah mainland activities allow 100% foreign ownership, which removed the biggest objection founders used to have. As we tell every client, icelanders are a very small community, mostly in aviation, seafood and technology, so the Ras Al Khaimah authority, the banks and the immigration officers see Icelandic applications every day and process them without hesitation. Just as important, icelandic seafood and clean-energy know-how reach the Gulf through Dubai, which gives Icelandic entrepreneurs a ready market and supply chain the moment their Ras Al Khaimah licence is issued.
Why Ras Al Khaimah
As a rule, popular districts for a Ras Al Khaimah mainland office include Al Nakheel, Al Dhait, Al Hamra, Al Marjan Island and Al Qusaidat, each with different rent levels and customer footfall. The emirate's tourism sector is expanding rapidly around Al Marjan Island. Put simply, icelandic applicants benefit from the fact that Ras Al Khaimah already has many Icelandic shareholders on its register, so its officers recognise Iceland supporting documents and name formats instantly.
How Ras Al Khaimah works with GoldenKey
Step 1Activity and legal form
As we tell every client, we select the correct activity codes from the Ras Al Khaimah Department of Economic Development (RAK DED) list and the legal form, generally a LLC or a sole establishment.
Step 2Trade name and initial approval
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 Ras Al Khaimah mainland company formation for Icelanders at this stage, we handle it the same day.
Step 3Office, MOA and submission
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).
Step 4Licence, Chamber and immigration
On the ground, the Ras Al Khaimah mainland licence is released, Chamber membership activated, and we open the establishment and labour files so visa processing can start. If the authority raises a query on Ras Al Khaimah mainland company formation for Icelanders at this stage, we handle it the same day.
Documents required
Here is what you will need for Ras Al Khaimah mainland company formation for Icelanders; GoldenKey checks every item before submission.
- A bank statement from your Iceland bank for the last three months, which banks use to understand your profile
- A police clearance certificate from Iceland if the activity or the Golden Visa category requires it
- Passport copies of all shareholders and the manager
- Passport photographs on a white background
- An attested degree for professional activities such as engineering or healthcare
- A passport issued by Iceland with at least six months' validity
Pricing
Use the table below to compare packages for Ras Al Khaimah mainland company formation for Icelanders; we will confirm the exact total for your case in a written quotation. All prices for Ras Al Khaimah mainland company formation for Icelanders are indicative, shown in AED and confirmed in writing before you pay.
- 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 the UAE
The dirham has been pegged to the US dollar since 1997, which removes currency risk for Ras Al Khaimah mainland company formation for Icelanders and makes international pricing simple. In our experience, the UAE sits within an eight-hour flight of two-thirds of the world's population, and for that reason so many founders choose it as a base for Ras Al Khaimah mainland company formation for Icelanders.
Why GoldenKey
Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for Ras Al Khaimah mainland company formation for Icelanders happen the same day they are ready. In short, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for Ras Al Khaimah mainland company formation for Icelanders. Crucially, because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which documents each of them will ask for on a Ras Al Khaimah file.
In short, message GoldenKey now and we will prepare a personalised quotation for Ras Al Khaimah mainland company formation for Icelanders, valid for 30 days and confirmed in writing.
Frequently asked questions
How long does Ras Al Khaimah mainland company formation take?
As a rule, with documents and a tenancy contract ready, the Ras Al Khaimah Department of Economic Development (RAK DED) as a rule issues the licence within 4 business days. External approvals for regulated activities add time.
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.
What is the difference between Ras Al Khaimah mainland and a free zone?
Mainland companies can trade directly with any UAE customer and take government contracts; free zone companies have lower costs and customs benefits but trade with the mainland through distributors. GoldenKey compares both for your specific activity.
Do Icelanders need a UAE visa before applying for Ras Al Khaimah?
No. You can apply for the licence from Iceland with scanned paperwork, and the investor residency visa is handled afterwards.
How long does the process take for Icelandic applicants?
As we tell every client, processing for Icelanders follows the same timeline as other nationalities. Documents from Iceland that need attestation are the main variable, and GoldenKey guides you through that step.
