What documents does a Chinese national need to start a property management business in the UAE?

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

How long does it take for a Chinese citizen to set up a property management 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.

Can I open a corporate bank account with my RAK ICC Property Management 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.

Can I get a residence visa with my Property Management licence from RAK ICC?

Offshore companies in RAK ICC do not include residence visa allocation. If you require a UAE residence visa, consider a free zone or mainland licence instead.

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

Your RAK ICC licence can include property management 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 Property Management business in RAK International Corporate Centre?

The annual licence renewal for a Property Management 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.

Do I need to be physically present in the UAE to set up a Property Management company in RAK ICC?

Most of the setup process for a property management 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.

Property Management in RAK International Corporate Centre for Chinese nationals

OffshoreReal EstateRegulated Activity

Property Management in RAK ICC

Starting From

AED 12,500

Setup Time

3 Business Days

Visa Quota

0 Visas

Location

Ras Al Khaimah

About Property Management

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

The licensing process at RAK ICC has been streamlined significantly, with most real estate licences processed within 3 business days. As an offshore entity, you benefit from maximum privacy and asset protection. The base licence fee is approximately AED 12,500, making it competitively priced for the services included.

At IBA International, we simplify the process of establishing your property management business in RAK International Corporate Centre. 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 ICC for Property Management?

RAK International Corporate Centre is widely regarded as one of the UAE's premier destinations for real estate businesses, and for good reason.

The jurisdiction offers cost-effective offshore structure, which is particularly valuable for property management 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 property management professionals. Furthermore, confidentiality protection positions your property management 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 real estate enterprises looking to expand into the Middle East and North Africa region.

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

Cost-effective offshore structure

Full foreign ownership

No tax obligation

Confidentiality protection

International business flexibility

Visa Requirements for Chinese Nationals

For Chinese entrepreneurs, the visa process works as follows: Chinese nationals can obtain a UAE visa on arrival for 30 days. For business purposes, a proper residence visa is recommended. IBA handles the complete immigration procedure — from entry permit to residence visa stamping — so you can focus on launching your property management business in RAK ICC.

Banking for Chinese Business Owners

Opening a corporate bank account for your property management company in RAK ICC: Chinese entrepreneurs benefit from strong UAE-China trade relations. Several UAE banks have dedicated Chinese business desks and Mandarin-speaking staff. IBA has established relationships with major UAE banks and will personally introduce you to relationship managers who understand Chinese business structures.

Document Attestation for Chinese Nationals

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

Requirements & Documents

1Valid China passport (minimum 6 months validity)

2Documents attested by Chinese Ministry of Foreign Affairs / CCPIT

3UAE Embassy attestation from Abu Dhabi

4Professional qualification certificates or approvals from RERA

5Detailed business plan or activity description

6Notarised power of attorney (if applicable)

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

8Bank reference letter from your current bank

Regulatory Note: Property Management is a regulated activity in the UAE. Additional approval from RERA 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 property management business plan and the best RAK ICC licence options for Chinese nationals.

Document Preparation

Prepare and attest all required documents from China through Chinese Ministry of Foreign Affairs / CCPIT and the UAE Embassy.

Licence Application

Submit the property management 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. Chinese nationals can obtain a UAE visa on arrival for 30 days.

Bank Account

Open a corporate bank account. Chinese entrepreneurs benefit from strong UAE-China trade relations.

Start Operations

Your property management 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 Chinese nationals. No local sponsor or partner is required.

Property Management in Other Jurisdictions

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