What documents does a Bangladeshi national need to start a toys trading 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 toys trading venture.

How long does it take for a Bangladeshi citizen to set up a toys trading 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 I open a corporate bank account with my RAK DED Toys Trading licence?

Yes, with a valid trade licence from RAK DED, you can open a corporate bank account at any UAE bank. Mainland companies typically have the widest choice of banking partners. IBA assists with introductions and documentation for smooth bank account opening.

Can a foreigner own 100% of a Toys Trading 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 toys trading. Previously, a local sponsor holding 51% was required, but this is no longer the case.

What are the tax implications for a Toys Trading business in RAK Mainland?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Mainland companies are subject to the standard 9% corporate tax rate on taxable profits exceeding AED 375,000. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.

What documents do I need to set up a Toys Trading business in RAK DED?

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. IBA handles all document preparation and submission on your behalf.

How much does it cost to set up a Toys Trading business in RAK Mainland?

The total setup cost for a Toys Trading business in RAK DED starts from approximately AED 5,500 for the trade licence. Additional costs include visa processing (AED 3,200 per visa), office space, and establishment card fees. IBA provides a detailed cost breakdown during your free consultation.

Toys Trading in RAK Mainland for Bangladeshi nationals

MainlandCommercial

Toys Trading in RAK DED

Starting From

AED 5,500

Setup Time

2 Business Days

Visa Quota

0 Visas

Location

Ras Al Khaimah

About Toys Trading

The UAE continues to attract Bangladeshi entrepreneurs seeking to tap into the Middle Eastern market, and RAK DED is one of the most popular jurisdictions for toys trading operations. Fourth-largest expatriate community in the UAE (~700,000), which means you will find an established support network, community events, and nationality-specific resources to help your business thrive.

Operating from RAK Mainland gives your Toys Trading business access to Ras Al Khaimah's world-class infrastructure, including modern office facilities such as ejari office, co-working, private office and excellent connectivity. The Toys Trading activity does not require any special regulatory approvals beyond the standard trade licence, simplifying the setup process considerably.

IBA International has been helping entrepreneurs set up toys trading businesses in RAK Mainland 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 DED for Toys Trading?

Choosing RAK DED for your toys trading business comes with a host of strategic advantages that directly impact your bottom line and growth potential.

The jurisdiction offers cost-effective setup, which is particularly valuable for toys trading 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 toys trading professionals. Furthermore, tourism and hospitality growth positions your toys trading 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 commercial 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 toys trading business in RAK DED.

Banking for Bangladeshi Business Owners

Opening a corporate bank account for your toys trading 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 toys trading 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

4Initial approval from the Department of Economic Development

5Completed application form for trade licence

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

7Proposed company name (2-3 alternatives)

8Passport copies of all shareholders and directors (valid for at least 6 months)

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 toys trading 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 toys trading 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 toys trading 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 toys trading.

Toys Trading in Other Jurisdictions

DIC

From AED 15,000

RAKEZ

From AED 7,500

DIFC

From AED 12,000

SHAMS

From AED 6,150

JAFZA

From AED 16,000

DMCC

From AED 15,300

IFZA

From AED 11,750

DSO

From AED 12,000