What documents does a Bangladeshi national need to start a management consultancy business in the UAE?

You will need a valid Bangladesh passport (minimum 6 months validity), passport-sized photos, proof of address in Bangladesh, attested documents via Bangladesh Ministry of Foreign Affairs, and a business plan for your management consultancy venture.

How long does it take for a Bangladeshi citizen to set up a management consultancy company in RAK DED?

The complete process — from initial application to trade licence issuance — typically takes 2–5 business days. Adding visa processing and bank account opening, the total timeline is approximately 12–22 business days.

Can a foreigner own 100% of a Management Consultancy company in RAK Mainland?

Yes, following the recent amendments to the UAE Commercial Companies Law, 100% foreign ownership is now permitted for most mainland activities, including management consultancy. Previously, a local sponsor holding 51% was required, but this is no longer the case.

How long does it take to get a Management Consultancy licence in RAK DED?

The typical processing time for a management consultancy licence at RAK DED is 2 business days, subject to document completeness and any regulatory approvals. Since this is a non-regulated activity, the process is straightforward and typically completed within the standard timeframe.

What business activities can I include on my RAK DED licence?

Your RAK DED licence can include management consultancy as the primary activity, along with related activities that fall under the same category. Mainland licences can include multiple activities, provided they fall within the same licence category (professional, commercial, or industrial). IBA advises on the optimal activity selection for your business needs.

What are the annual renewal costs for a Management Consultancy business in RAK Mainland?

The annual licence renewal for a Management Consultancy RAK DED company costs approximately AED 5,500, which covers the trade licence fee. Additional annual costs may include office space rental, visa renewal, and establishment card fees. IBA provides renewal services to ensure uninterrupted business operations.

Can I get a residence visa with my Management Consultancy licence from RAK DED?

Yes, your management consultancy licence from RAK DED entitles you to apply for residence visas. The number of visas depends on your office space size — larger offices qualify for more visas. Each visa costs approximately AED 3,200.

Management Consultancy in RAK Mainland for Bangladeshi nationals

MainlandProfessional

Management Consultancy in RAK DED

Starting From

AED 5,500

Setup Time

2 Business Days

Visa Quota

0 Visas

Location

Ras Al Khaimah

About Management Consultancy

Setting up a Management Consultancy business in RAK Mainland as a Bangladeshi citizen is a straightforward process when you understand the specific requirements that apply to Bangladesh-based entrepreneurs. IBA International has helped hundreds of Bangladeshi business owners navigate the licensing, visa, and banking procedures unique to their nationality.

The licensing process at RAK DED has been streamlined significantly, with most professional licences processed within 2 business days. With the recent changes to UAE commercial law, 100% foreign ownership is now available for most mainland activities. The base licence fee is approximately AED 5,500, making it one of the most affordable options in the UAE.

At IBA International, we simplify the process of establishing your management consultancy business in RAK Mainland. From selecting the right licence type to securing your visa and opening a corporate bank account, our experienced team ensures every detail is handled professionally and efficiently.

Why RAK DED for Management Consultancy?

RAK Mainland is widely regarded as one of the UAE's premier destinations for professional businesses, and for good reason.

The jurisdiction offers cost-effective setup, which is particularly valuable for management consultancy operations. Additionally, industrial land availability ensures that your business remains competitive in the regional market. Operating on the mainland allows you to trade directly with the local UAE market without restrictions, and you can bid on government contracts — a significant advantage over free zone entities. Office solutions start from AED 3,000 per year for a co-working, making it accessible for businesses of all sizes. Trade anywhere in the UAE further enhances the appeal of RAK DED for management consultancy professionals. Furthermore, tourism and hospitality growth positions your management consultancy business for long-term success in the region. With Ras Al Khaimah continuing to invest in infrastructure and business-friendly regulation, RAK DED remains an excellent choice for both start-ups and established professional enterprises looking to expand into the Middle East and North Africa region.

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

Cost-effective setup

Industrial land availability

Trade anywhere in the UAE

Tourism and hospitality growth

Strategic northern location

Visa Requirements for Bangladeshi Nationals

For Bangladeshi entrepreneurs, the visa process works as follows: Bangladeshi 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 management consultancy business in RAK DED.

Banking for Bangladeshi Business Owners

Opening a corporate bank account for your management consultancy company in RAK DED: Bangladeshi entrepreneurs can open corporate accounts with standard documentation. Some banks may require additional proof of business activity. IBA has established relationships with major UAE banks and will personally introduce you to relationship managers who understand Bangladeshi business structures.

Document Attestation for Bangladeshi Nationals

Document attestation for Bangladeshi nationals involves: (1) Notarisation in Bangladesh, (2) Attestation by Bangladesh Ministry of Foreign Affairs, (3) UAE Embassy attestation in Dubai. IBA provides a complete attestation checklist specific to management consultancy businesses to ensure nothing is missed.

Requirements & Documents

1Valid Bangladesh passport (minimum 6 months validity)

2Documents attested by Bangladesh Ministry of Foreign Affairs

3UAE Embassy attestation from Abu Dhabi

4Completed application form for trade licence

5Passport-sized photographs with white background

6Entry stamp or valid UAE visa copy (if applying from within the UAE)

7Proof of residential address (utility bill or bank statement)

8Detailed business plan or activity description

Cost Breakdown

Item	Cost (AED)
License Fee	5,500
Visa Package (per visa)	3,200
Ejari Office	5,000
Co-Working	3,000
Private Office	10,000
Estimated Total (Year 1)	From AED 13,700

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

Setup Timeline

Consultation

Free consultation with IBA to discuss your management consultancy business plan and the best RAK DED licence options for Bangladeshi nationals.

Document Preparation

Prepare and attest all required documents from Bangladesh through Bangladesh Ministry of Foreign Affairs and the UAE Embassy.

Licence Application

Submit the management consultancy licence application to RAK DED. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official RAK DED trade licence within 2–5 business days.

Visa Processing

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

Bank Account

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

Start Operations

Your management consultancy business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 2 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. Since the UAE's 2020 Commercial Companies Law amendment, Bangladeshi nationals can own 100% of most mainland business activities including management consultancy.

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