What documents does a Filipino national need to start a auto spare parts trading business in the UAE?

You will need a valid Philippines passport (minimum 6 months validity), passport-sized photos, proof of address in Philippines, attested documents via Department of Foreign Affairs (DFA), and a business plan for your auto spare parts trading venture.

How long does it take for a Filipino citizen to set up a auto spare parts trading company in RAK ICC?

The complete process — from initial application to trade licence issuance — typically takes 3–6 business days. Adding visa processing and bank account opening, the total timeline is approximately 13–23 business days.

How much does it cost to set up an Auto Spare Parts Trading business in RAK International Corporate Centre?

The total setup cost for an Auto Spare Parts Trading business in RAK ICC starts from approximately AED 12,500 for the trade licence. Additional costs include visa processing (AED 0 per visa), office space, and establishment card fees. IBA provides a detailed cost breakdown during your free consultation.

Can a foreigner own 100% of a Auto Spare Parts Trading company in RAK International Corporate Centre?

Yes, RAK ICC allows 100% foreign ownership with no requirement for a local partner or sponsor. This is one of the key advantages of establishing your business in this jurisdiction.

Can I open a corporate bank account with my RAK ICC Auto Spare Parts Trading licence?

Yes, with a valid trade licence from RAK ICC, you can open a corporate bank account at any UAE bank. Offshore companies can open corporate accounts, though the choice of banks may be more limited. IBA assists with introductions and documentation for smooth bank account opening.

What are the tax implications for an Auto Spare Parts Trading business in RAK International Corporate Centre?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Offshore entities are generally exempt from UAE corporate tax on income earned outside the UAE. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.

Do I need to be physically present in the UAE to set up a Auto Spare Parts Trading company in RAK ICC?

Most of the setup process for a auto spare parts trading business in RAK ICC can be completed remotely, with documents submitted online or via courier. Offshore company registration can typically be completed entirely remotely without any UAE visit.

Auto Spare Parts Trading in RAK International Corporate Centre for Filipino nationals

OffshoreCommercial

Auto Spare Parts Trading in RAK ICC

Starting From

AED 12,500

Setup Time

3 Business Days

Visa Quota

0 Visas

Location

Ras Al Khaimah

About Auto Spare Parts Trading

The UAE continues to attract Filipino entrepreneurs seeking to tap into the Middle Eastern market, and RAK ICC is one of the most popular jurisdictions for auto spare parts trading operations. Third-largest expatriate community in the UAE (~700,000), which means you will find an established support network, community events, and nationality-specific resources to help your business thrive.

Operating from RAK International Corporate Centre gives your Auto Spare Parts Trading business access to Ras Al Khaimah's world-class infrastructure, including modern office facilities and excellent connectivity. The Auto Spare Parts Trading activity does not require any special regulatory approvals beyond the standard trade licence, simplifying the setup process considerably.

IBA International has been helping entrepreneurs set up auto spare parts trading businesses in RAK International Corporate Centre since 2004. Our team of incorporation specialists will guide you through every step, from initial consultation to licence issuance and bank account opening, ensuring a smooth and efficient setup experience.

Why RAK ICC for Auto Spare Parts Trading?

Choosing RAK ICC for your auto spare parts trading business comes with a host of strategic advantages that directly impact your bottom line and growth potential.

The jurisdiction offers cost-effective offshore structure, which is particularly valuable for auto spare parts trading operations. Additionally, full foreign ownership ensures that your business remains competitive in the regional market. The offshore structure provides maximum confidentiality and is ideal for holding assets, intellectual property, and international trade operations. Many international businesses choose the offshore route for its streamlined compliance requirements and ability to open multi-currency bank accounts with leading UAE banks. No tax obligation further enhances the appeal of RAK ICC for auto spare parts trading professionals. Furthermore, confidentiality protection positions your auto spare parts trading business for long-term success in the region. With Ras Al Khaimah continuing to invest in infrastructure and business-friendly regulation, RAK ICC remains an excellent choice for both start-ups and established commercial enterprises looking to expand into the Middle East and North Africa region.

For Filipino nationals specifically, the Ras Al Khaimah government has fostered a business-friendly environment with streamlined processes that cater to the large Filipino business community.

Cost-effective offshore structure

Full foreign ownership

No tax obligation

Confidentiality protection

International business flexibility

Visa Requirements for Filipino Nationals

For Filipino entrepreneurs, the visa process works as follows: Filipino nationals require a pre-arranged UAE visa. Employment or investor visa is processed through the company after incorporation. IBA handles the complete immigration procedure — from entry permit to residence visa stamping — so you can focus on launching your auto spare parts trading business in RAK ICC.

Banking for Filipino Business Owners

Opening a corporate bank account for your auto spare parts trading company in RAK ICC: Filipino entrepreneurs can open corporate accounts with standard documentation. A solid business plan helps expedite the process. IBA has established relationships with major UAE banks and will personally introduce you to relationship managers who understand Filipino business structures.

Document Attestation for Filipino Nationals

Document attestation for Filipino nationals involves: (1) Notarisation in Philippines, (2) Attestation by Department of Foreign Affairs (DFA), (3) UAE Embassy attestation in Dubai. IBA provides a complete attestation checklist specific to auto spare parts trading businesses to ensure nothing is missed.

Requirements & Documents

1Valid Philippines passport (minimum 6 months validity)

2Documents attested by Department of Foreign Affairs (DFA)

3UAE Embassy attestation from Abu Dhabi

4Passport copies of all shareholders and directors (valid for at least 6 months)

5Completed application form for trade licence

6Notarised power of attorney (if applicable)

7No Objection Certificate (NOC) if applicable

8Entry stamp or valid UAE visa copy (if applying from within the UAE)

Cost Breakdown

Item	Cost (AED)
License Fee	12,500
Estimated Total (Year 1)	From AED 12,500

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

Consultation

Free consultation with IBA to discuss your auto spare parts trading business plan and the best RAK ICC licence options for Filipino nationals.

Document Preparation

Prepare and attest all required documents from Philippines through Department of Foreign Affairs (DFA) and the UAE Embassy.

Licence Application

Submit the auto spare parts trading licence application to RAK ICC. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official RAK ICC trade licence within 3–6 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. Filipino nationals require a pre-arranged UAE visa.

Bank Account

Open a corporate bank account. Filipino entrepreneurs can open corporate accounts with standard documentation.

Start Operations

Your auto spare parts trading business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. RAK ICC allows 100% foreign ownership for all nationalities, including Filipino nationals. No local sponsor or partner is required.

Auto Spare Parts Trading in Other Jurisdictions

SHAMS

From AED 6,150

RAKEZ

From AED 7,500

DIFC

From AED 12,000

Abu Dhabi DED

From AED 10,000

JAFZA

From AED 16,000

Dubai DED

From AED 12,000

DMCC

From AED 15,300

IFZA

From AED 11,750