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OfficesAre you seeking professional help for Tax compliance in Ras Al Khaimah for foreigners? As we know, it is essential to meet UAE corporate tax obligations, avoid penalties, and continue enjoying benefits such as a 0% tax rate on qualifying income. Enterslice helps businesses understand this framework through expert self-assessment, accurate tax return filing, and end-to-end regulatory compliance support.
Effective from June 1, 2023, under Federal Decree-Law No. 47 of 2022, businesses operating in the UAE are required to register for corporate tax with the Federal Tax Authority (FTA). The corporate tax regime applies across Dubai, Abu Dhabi, and other emirates, imposing a standard corporate tax rate of 9% on profits exceeding AED 375,000. Accordingly, Ras Al Khaimah registered businesses must ensure tax compliance in Ras Al Khaimah to remain eligible for available exemptions and incentives.
Ras Al Khaimah (RAK) is a preferred hub for foreign investors and international businesses due to its cost-effective incorporation, regulatory flexibility, and investor-friendly ecosystem. The UAE offers a balanced framework that combines privacy, transparency, and accountability, often without requiring mandatory physical presence.
Further, tax compliance in Ras Al Khaimah for foreigners is crucial to stay aligned with federal regulations. As one of the worldโs fastest-growing and most diversified economies, the UAE provides a stable, future-ready environment for compliant businesses.
0% Corporate Tax on Taxable Income up to AED 375,000
9% Corporate Tax on Income Exceeding AED 375,000
Free Zone Benefits Apply to Qualifying Income
Allow 100% Foreign Ownership
100% Profit and Capital Repatriation
Zero Personal Income Tax
Stay compliant with UAE tax laws and build a strong, risk-free business presence through Tax Compliance in Ras Al Khaimah. Enterslice helps you manage corporate tax, VAT filings, and ongoing compliance with accuracy and ease.
The different types of Ras Al Khaimah Tax Compliance are as follows:
Businesses in Ras Al Khaimah are subject to UAE Corporate Tax effective from 1 June 2023. Taxable income up to AED 375,000 is taxed at 0%, while income above this threshold is taxed at 9%. RAK free zone entities may continue to enjoy a 0% tax rate on qualifying income, subject to compliance with prescribed conditions.
VAT was introduced in the UAE on 1 January 2018 and is levied at a standard rate of 5% on most goods and services, including imports, unless specifically exempt or zero-rated.
Customs duty is generally charged at 5% of the CIF value of imported goods under the GCC Customs Law. RAK free zones are treated as outside the customs territory. Excise tax applies to tobacco products, carbonated and energy drinks, sweetened beverages, and electronic smoking devices.
Hotels in Ras Al Khaimah are subject to tourism-related charges based on room tariffs and services, typically including a 10% municipality fee and a 10% service charge, as per local regulations.
A 4% transfer fee applies to property ownership transfers in Ras Al Khaimah, including certain share transfers in property-holding companies. Municipal tax is levied on annual rental value, generally at 1% for residential properties and 5% for selected commercial properties.
The key features of corporate tax for Ras Al Khaimah Tax Compliance are as follows:
The tax rate in Ras Al Khaimah is such that businesses in Ras Al Khaimah are subject to UAE Corporate Tax. Taxable income up to AED 375,000 is taxed at 0%, while income exceeding this threshold is taxed at 9%. Entities in RAK free zones may continue to enjoy a 0% tax rate on qualifying income, subject to compliance with prescribed conditions.
It is also said that companies operating in RAKEZ (Ras Al Khaimah Economic Zone) are eligible for tax exemptions ranging from 15 to 50 years, depending on the types of business activities.
The corporate tax laws in UAE align with the international tax standards like OECDโs BEPS (Base Erosion and Profit Shifting) framework, ensuring the countryโs tax regime meets global transparency and compliance requirements.
After company registration in RAS Al Khaimah, entrepreneurs must know about the process of meeting tax obligations in RAS Al Khaimah. The step-by-step process to file tax compliance in Ras Al Khaimah is as follows:
Firstly, the businesses in Ras Al Khaimah must register with the FTA (Federal Tax Authority) and accordingly obtain their TRN to file the appropriate tax returns for meeting regulatory compliance.
Secondly, it is crucial for businesses to ensure and keep proper bookkeeping and documentation of the financial transactions to support tax filings.
Thirdly, gather all the taxable income based on the revenue, expenses, and eligible deductions, and accordingly calculate the amount of tax you will have to file with the concerned authorities.
It is important for businesses to file and submit their tax returns annually within the deadlines set by the FTA.
It is also advisable for all businesses to file their corporate tax on time to avoid any legal penalties and reputational damage to their brand in the market. Therefore, Ras Al Khaimah Corporate Tax Filing needs to be tracked to avoid missing deadlines and stay relevant as per the regulatory compliance.
Some of the major list of services offered by Enterslice for Ras Al Khaimah Tax compliance are as follows:
The list of documents required for Ras Al Khaimah Tax Compliance is as follows:
Invoices
Receipts
Bank Statements
Accounting records for at least five years
Tax compliance in Ras Al Khaimah for foreigners is essential for the following reasons:
Failure to comply with regulations for tax compliance in Ras Al Khaimah can lead to significant penalties, including:
Join hands with Enterslice for managing tax compliance in RAS Al Khaimah and stay 100% stress-free.
With extensive experience in UAE tax regulations, Enterslice offers expert guidance to help businesses manage corporate tax compliance in Ras Al Khaimah efficiently. Hereโs why Enterslice should be your trusted partner:
The applicable laws and resolutions for tax compliance in Ras Al Khaimah are as follows:
You can register for corporate tax in Ras Al Khaimah by submitting the required details to RAKEZ or the relevant authority, followed by obtaining the Tax Registration Number (TRN). While registration can be done through the EmaraTax portal.
Filing tax compliance in Ras Al Khaimah requires registering with the FTA to get a TRN, maintaining accurate financial records, calculating taxable income, and filing tax returns on time. Prompt corporate tax payment ensures compliance, avoids penalties, and protects your business reputation.
Free zone companies in Ras Al Khaimah may benefit from 0% corporate tax rate on qualifying income, provided they fulfil the specific criteria, such as maintaining an adequate substance within the free zone.
The corporate tax rate in Ras Al Khaimah is 9% on profits exceeding AED 375,000. On the other hand, businesses with profits below this threshold are subject to a 0% tax rate.
The main difference between mainland and free zone tax obligations in Ras Al Khaimah is that mainland entities are subject to standard UAE corporate tax rates; on the other hand, qualifying free zone entities benefit from 0% corporate tax on qualifying income.
Businesses must submit their VAT returns quarterly by the 28th of the month following the quarter end of the year. While, Corporate tax returns are due within nine months of the financial year end.
Documents like invoices, receipts, bank statements and accounting records for at least five years are required for tax compliance in Ras Al Khaimah.p>
Typically, there is no personal tax on individual earnings in RAK. However, you should always understand exceptions.
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