What documents does an Indian national need to start a medical equipment trading business in the UAE?

You will need a valid India passport (minimum 6 months validity), passport-sized photos, proof of address in India, attested documents via MEA (Ministry of External Affairs), and a business plan for your medical equipment trading venture.

How long does it take for an Indian citizen to set up a medical equipment 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.

What are the tax implications for a Medical Equipment 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.

Is RAK International Corporate Centre good for medical equipment trading start-ups?

RAK ICC is well-suited for both start-ups and established businesses, offering cost-effective offshore structure and full foreign ownership.

What documents do I need to set up a Medical Equipment Trading business in RAK ICC?

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 Ministry of Health. IBA handles all document preparation and submission on your behalf.

What are the annual renewal costs for a Medical Equipment Trading business in RAK International Corporate Centre?

The annual licence renewal for a Medical Equipment Trading RAK ICC company costs approximately AED 12,500, 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.

How long does it take to get a Medical Equipment Trading licence in RAK ICC?

The typical processing time for a medical equipment trading licence at RAK ICC is 3 business days, subject to document completeness and any regulatory approvals. As a regulated activity requiring Ministry of Health approval, additional time of 1-3 weeks may be required.

Medical Equipment Trading in RAK International Corporate Centre for Indian nationals

OffshoreCommercialRegulated Activity

Medical Equipment Trading in RAK ICC

Starting From

AED 12,500

Setup Time

3 Business Days

Visa Quota

0 Visas

Location

Ras Al Khaimah

About Medical Equipment Trading

As an Indian national looking to establish a Medical Equipment Trading business in RAK International Corporate Centre, the UAE offers one of the most welcoming environments for international entrepreneurs. India has strong bilateral trade relations with the UAE, and thousands of Indian professionals have already successfully set up businesses across the emirates.

As an offshore entity regulated under Ras Al Khaimah's commercial laws, your Medical Equipment Trading business will benefit from cost-effective offshore structure and full foreign ownership. The RAK ICC licensing framework is designed to accommodate both start-ups and established firms, with annual licence fees starting from approximately AED 12,500.

With over two decades of experience in UAE business formation, IBA International provides end-to-end support for your medical equipment trading setup in RAK ICC. Our dedicated advisors handle the paperwork, government liaisons, and compliance requirements, so you can focus on building your business from day one.

Why RAK ICC for Medical Equipment Trading?

There are several compelling reasons why RAK International Corporate Centre continues to attract medical equipment trading entrepreneurs from around the world.

The jurisdiction offers cost-effective offshore structure, which is particularly valuable for medical equipment 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 medical equipment trading professionals. Furthermore, confidentiality protection positions your medical equipment 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 Indian nationals specifically, the Ras Al Khaimah government has fostered a business-friendly environment with streamlined processes that cater to the large Indian business community.

Cost-effective offshore structure

Full foreign ownership

No tax obligation

Confidentiality protection

International business flexibility

Visa Requirements for Indian Nationals

Indian passport holders can obtain a UAE visa on arrival for 14 days. For business setup, a proper residence visa is required. Once your medical equipment trading licence is issued by RAK ICC, IBA will process your residence visa application, Emirates ID, and medical fitness tests. The entire process typically takes 8–15 business days from licence approval to visa stamping.

Banking for Indian Business Owners

Indian nationals typically find it straightforward to open corporate accounts with UAE banks. Many banks have dedicated Indian business desks. For your medical equipment trading business in RAK ICC, IBA recommends opening a corporate account with a bank that has experience serving Indian business owners. We will prepare your banking file including the trade licence, shareholder documents, business plan, and any India-specific attestations required.

Document Attestation for Indian Nationals

Indian nationals setting up a business in the UAE will need to attest certain documents through MEA (Ministry of External Affairs). This typically includes your passport copy, educational certificates (if applicable for medical equipment trading), and any existing business documents. The attestation must then be verified by the UAE Embassy in Abu Dhabi before submission to RAK ICC.

Requirements & Documents

1Valid India passport (minimum 6 months validity)

2Documents attested by MEA (Ministry of External Affairs)

3UAE Embassy attestation from Abu Dhabi

4No Objection Certificate (NOC) if applicable

5Relevant industry experience documentation

6Proposed company name (2-3 alternatives)

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

8Passport-sized photographs with white background

Regulatory Note: Medical Equipment Trading is a regulated activity in the UAE. Additional approval from Ministry of Health 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

Consultation

Free consultation with IBA to discuss your medical equipment trading business plan and the best RAK ICC licence options for Indian nationals.

Document Preparation

Prepare and attest all required documents from India through MEA (Ministry of External Affairs) and the UAE Embassy.

Licence Application

Submit the medical equipment 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. Indian passport holders can obtain a UAE visa on arrival for 14 days.

Bank Account

Open a corporate bank account. Indian nationals typically find it straightforward to open corporate accounts with UAE banks.

Start Operations

Your medical equipment 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 Indian nationals. No local sponsor or partner is required.

Medical Equipment 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