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RAK Innovation City

Start Your Company in RAK Innovation City

RAK Innovation City is a free zone built for technology, AI, and digital-first businesses. It offers 100% foreign ownership, 0% personal income tax, and affordable setup packages.

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About Innovation City

RAK Innovation City

RAK Innovation City is a UAE free zone built specifically for technology-driven and innovation-led businesses. Located in Ras Al Khaimah, it was previously known as RAK DAO and has since been rebranded to support the next generation of businesses across AI, blockchain, software, gaming, healthtech, and digital services.

The free zone operates with a digital-first infrastructure, including AI-powered registration, blockchain-based licensing, and integrated banking setup. This makes RAK Innovation City ideal for software platforms, advisory firms, e-commerce operations, and online education providers.

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Why It Matters

Benefits of RAK Innovation City
Company Registration

Setting up in RAK Innovation City gives you 100% business ownership, access to international markets, and a business environment to operate efficiently in the UAE.

First AI-Powered
Free Zone

RAK Innovation City is built on AI-powered registration and compliance systems, blockchain-based licensing, and digital-first infrastructure.

Built for Innovation
Sectors

RAK Innovation City is structured entirely around five specific pillars: AI, Web3 and digital assets, gaming robotics, and healthtech.

Remote-Friendly
Incorporation

Company formation can be completed entirely remotely. You generally do not need to travel to the UAE to register your business.

Legal Framework
for DAOs

RAK Innovation City is one of the only jurisdictions in the world with a framework for decentralised autonomous organisations.

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Simple Process

How to Set Up a Company in RAK Innovation City

This is how to start a company in the RAK Innovation City free zone.

01
Choose Your Activity and Legal Structure
We help you select the right activity and advise you on the best legal structure.
02
Secure Initial Approval
We submit your preferred company name, business plan, and shareholder documentation for initial approval.
03
Apply for Trade License
Once initial approval is granted, we apply for your RAK Innovation City trade license.
04
Visa Processing
We initiate visa applications immediately after your license issuance. You can sponsor your employees and dependents.
05
Corporate Bank Account
We manage your corporate bank account application, including submitting necessary documents and liaising with the bank.
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License types

Types of RAK Innovation City Licenses

RAK Innovation City issues licenses across three main categories. The right type depends on what your business does and how it generates revenue

RAK Innovation City-Professional License

Professional License

RAK Innovation City-Professional License

This license covers businesses that deliver value through professional expertise and intellect-based services rather than physical goods or digital platforms.

Popular Activities
  • Management & business consulting
  • Marketing management
  • IT & technology consultancy
  • Education & training services
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Commercial License

RAK Innovation City-Commercial License

This license covers trading activities, including both physical goods and digital retail through e-commerce platforms.

Popular Activities
  • General trading
  • E-commerce & digital retail
  • Scientific & laboratory equipment trading
  • Still photography & creative production
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RAK Innovation City-Commercial License
RAK Innovation City-Technology License

Technology License

RAK Innovation City-Technology License

This license is designed for companies building and deploying technology products, platforms, and infrastructure across next-generation industries.

Popular Activities
  • AI & machine learning solutions
  • Blockchain & Web3 infrastructure
  • Gaming & interactive entertainment
  • Robotics & healthtech development
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Registration Options

Company Structures in RAK Innovation City Free Zone

RAK Innovation City supports several types of company structures.

Free Zone Limited
Liability Company

This structure supports multiple shareholders, limits each person's liability to their investment, and allows 100% foreign ownership. 

Free Zone
Establishment

If you are the sole owner,  this free zone structure gives you the same limited liability protection and full foreign ownership as an FZ-LLC.

Branch of a Foreign
Company

Establish a presence in RAK Innovation City under your existing company's name and legal identity, without setting up a new entity.

DAO
Association

For decentralised autonomous organisations. It has no share capital and allows a DAO to can sign contracts, hold assets, and open a bank account.

RAK Innovation City

Freezone

Requirements

Documents to Get a RAK Innovation City License

Individual Shareholders
  • Valid Passport Copy
  • Copy of Residency Visa or Entry Stamp
  • Business Plan
  • Source of Funds (if requested)
Corporate Shareholders
  • Notarized Certificate of Good Standing
  • Notarized Commercial Register
  • Notarized Memorandum and Articles of Association
  • Notarized Board or Shareholder Resolution
Check Your Eligibility
Why Momentum

Choose Momentum for Business Setup in RAK Innovation City

Momentum has over ten years of experience supporting investors and entrepreneurs in launching businesses across the UAE. Our skilled consultants bring in-depth local expertise in both free zones and mainland jurisdictions, managing every step of the process, from advising on the ideal location and securing a trade license to handling visa processing and handling bank account setup.

25K+
Businesses Registered
98%
Client Satisfaction
10+
Years Experience
Duba Courts wills

FAQ

Frequently Asked Questions

Can I set up a RAK Innovation City company without visiting the UAE?

RAK Innovation CityтАЩs AI-powered registration process is fully remote, so you can complete your company formation without travelling to the UAE. You may need to visit later for visa processing and setting up your bank account, but the incorporation itself requires no physical presence.

You can expect your license within 7 to 10 working days from the date you submit complete documentation. The process moves faster when your business activity is clearly defined and your documents are in order.

Your RAK Innovation City company can serve clients within your free zone and internationally. Selling directly to UAE mainland customers or operating physically on the mainland requires either a separate mainland license or working through a mainland distributor.

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ROBIN PHILIP Profile
ROBIN PHILIP
Founder/Managing Partner

From setting a clear vision, making strategic decisions, fostering innovation, to leading a team to achieve goals, an effective leader plays a crucial role in guiding and steering an organization towards success. One such leader is Robin Philip, Founder and Group CEO of A&A Associate LLC. Robin began his career in the finance sector, working at a prestigious bank in India, where he discovered a passion for assisting individuals with their banking needs. Driven by a desire to support entrepreneurs and startups, as well as share his wealth of knowledge and experiences, Robin founded A&A Associate.

Initially, the focus of A&A Associate was on providing accounting and auditing services to companies in the UAE, addressing the increasing demand for such specialized services. Over time, under RobinтАЩs leadership, the company evolved its services to encompass comprehensive business formation solutions in the UAE. This expansion covered a spectrum from licensing to liquidation services, reflecting RobinтАЩs commitment to helping individuals worldwide realize their aspirations of establishing successful businesses in the UAE.

Robin PhilipтАЩs journey exemplifies the transformative power of visionary leadership, as he navigated from a banking career in India to founding and leading A&A Associate, playing a pivotal role in the growth and success of the company. LetтАЩs hear from him.

Rohan Malhotra
ROHAN MALHOTRA
Founder / Chief Executive Officer

Rohan Malhotra is the Founder and CEO of Momentum Consultancy and the brain behind setting up a new age concept agency. Rohan comes with over 20 years of experience of working across countries both in the private and public sector.

Rohan started his career in the banking and financial services industry working across departments with some of the finest institutions like the Commonwealth Bank of Australia, ANZ, National Australia Bank and Commercial Bank of Dubai.

Prior to starting Momentum Consultancy, Rohan worked as a Trade and Investment Director with the Australian Federal Government, where he was responsible for attracting and facilitating foreign direct investment in the fintech, energy, mining and sectors between the UAE/GCC and Australia. With vast experience set across businesses and regions, he has helped multiple businesses scale in the region and across continents.

Rohan holds a Master of Business Administration from La Trobe University (Melbourne, Australia) majoring in Management Fundamentals, Marketing and Finance. Born and brought up in a business family, Rohan attained his schooling in Mumbai and Bachelor Degree in Business Management from Mumbai University (India) and he is well connected in the business and showbiz industry.

Together with his wife Francesca Bouwman, they have set up and successfully own other consultancy agencies and are actively involved in managing and running an NGO/boarding home in India. Under the name of Sneha Sadana, the project provides food, shelter, clothing and education to 86 under privileged and orphaned girls.