Foodstuff Trading in RAK ICC
Starting From
AED 12,500
Setup Time
3 Business Days
Visa Quota
0 Visas
Location
Ras Al Khaimah
About Foodstuff Trading
RAK International Corporate Centre has earned its reputation as a leading offshore for commercial businesses, offering a streamlined setup process and competitive cost structure.
Operating from RAK International Corporate Centre gives your Foodstuff Trading 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 Dubai Municipality before commencing operations, but IBA's team handles this process seamlessly on your behalf.
IBA International has been helping entrepreneurs set up foodstuff 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 Foodstuff Trading?
Choosing RAK ICC for your foodstuff 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 foodstuff 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 foodstuff trading professionals. Furthermore, confidentiality protection positions your foodstuff 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.
Requirements & Documents
Regulatory Note: Foodstuff Trading is a regulated activity in the UAE. Additional approval from Dubai Municipality 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 foodstuff trading 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 foodstuff trading, additional documents including professional qualifications and Dubai Municipality 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 foodstuff trading 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 foodstuff trading 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 standard documents required include: passport copies of all shareholders, passport-sized photographs, a completed application form, a business plan or activity description, and proof of address. As a regulated activity, you will also need to provide professional qualifications or certifications required by Dubai Municipality. IBA handles all document preparation and submission on your behalf.
Foodstuff Trading in Other Jurisdictions
Get Started Today
Ready to set up your foodstuff trading 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 Foodstuff Trading?
Get a personalised quote for setting up your foodstuff trading in RAK ICC. Our advisors are ready to guide you through every step.