Car Rental in RAK ICC
Starting From
AED 12,500
Setup Time
3 Business Days
Visa Quota
0 Visas
Location
Ras Al Khaimah
About Car Rental
Entrepreneurs seeking to start a Car Rental business in the UAE will find RAK International Corporate Centre to be one of the most attractive jurisdictions, thanks to its strategic location and comprehensive support services.
Operating from RAK International Corporate Centre gives your Car Rental business access to Ras Al Khaimah's world-class infrastructure, including modern office facilities and excellent connectivity. As a regulated activity, you will need approval from RTA before commencing operations, but IBA's team handles this process seamlessly on your behalf.
IBA International has been helping entrepreneurs set up car rental 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 Car Rental?
Choosing RAK ICC for your car rental 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 car rental 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 car rental professionals. Furthermore, confidentiality protection positions your car rental 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 services enterprises looking to expand into the Middle East and North Africa region.
Requirements & Documents
Regulatory Note: Car Rental is a regulated activity in the UAE. Additional approval from RTA is required. IBA can guide you through the full regulatory process.
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
Initial Consultation
Begin with a free consultation with IBA's business setup advisors to discuss your car rental business objectives, optimal licence structure, and RAK ICC as your chosen jurisdiction. We assess your specific requirements and provide a transparent cost breakdown.
Choose Your Company Name
Select your company name and submit it for approval. The DED naming guidelines require the name to reflect the legal structure and activity. Reserved and restricted words require additional approvals. IBA handles the name reservation process.
Prepare & Submit Documents
Compile all required documentation including passport copies, photographs, and the completed application form. For car rental, additional documents including professional qualifications and RTA approvals are required. IBA prepares and submits all paperwork on your behalf.
Obtain Trade Licence
Following DED approval, your Ras Al Khaimah mainland trade licence is issued within 3 business days. The licence authorises you to conduct car rental activities and is valid for one year. The licence fee is approximately AED 12,500.
Open Corporate Bank Account
With your trade licence in hand, open a corporate bank account at a UAE bank. IBA provides introductions to relationship managers at leading banks including Emirates NBD, ADCB, RAKBank, and Mashreq. Account opening for offshore entities may require additional due diligence documentation.
Start Operations
With your licence issued, visa processed, and bank account active, your car rental business in RAK International Corporate Centre is ready to operate. IBA continues to support you with PRO services, VAT registration, accounting, and annual licence renewals.
Total estimated time: 3 business days. IBA handles the entire process end-to-end so you can focus on your business.
Frequently Asked Questions
The total setup cost for a Car Rental 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.
Car Rental in Other Jurisdictions
Get Started Today
Ready to set up your car rental in RAK ICC? Our team is here to help.
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Official Source
www.rakicc.com ↗Popular in RAK ICC
By IBA Business Setup Team
Last updated: 26 February 2026
International Business Advisors DMCC has been helping entrepreneurs set up businesses in the UAE since 2004, with 20+ years of hands-on expertise.
Ready to Start Your Car Rental?
Get a personalised quote for setting up your car rental in RAK ICC. Our advisors are ready to guide you through every step.