RAK's free zone ecosystem, including RAKEZ and RAK ICC, hosts a large volume of trading, industrial, and holding companies, many of which are structured specifically around free zone benefits. With UAE corporate tax now in effect, correctly determining Qualifying Free Zone Person status has become one of the most important compliance steps for RAK-based businesses.
ASC Global UAE works as a corporate tax consultant for RAK businesses, helping free zone and mainland companies alike navigate registration, filing, and the specific qualifying income rules that apply to RAK's free zone entities.
Who this is for: RAKEZ and RAK ICC-registered trading companies, industrial and manufacturing businesses, holding companies, and mainland RAK enterprises.
RAK's popularity as a jurisdiction for holding company structures means we regularly work through corporate tax questions specific to passive income, intercompany transactions, and how these interact with Qualifying Free Zone Person status. Getting this classification wrong can mean either overpaying tax unnecessarily or falling out of compliance with qualifying income rules.
For RAK's trading and industrial businesses, we also handle the more detailed taxable income calculations that come with cross-border transactions and, where relevant, manufacturing cost structures.
If your RAK business needs a proper qualifying income assessment or corporate tax filing support, our team can review your structure and confirm your exact position.
RAK's popularity for holding structures means we often see businesses that assumed their free zone registration alone secured the 0% rate, only to find gaps once passive income and intercompany transactions are properly reviewed. We close that gap before it becomes a compliance issue.
Need more information on Corporate Tax Consultant in Ras Al Khaimah?
I want to talk to your experts in:
We work with ambitious leaders who want to define the future, not hide from it. Together, we achieve extraordinary outcomes.
Office 04 - 1803, 18th floor, One by Omniyat Business bay, Dubai
302-18 Edgecliff Golfway, North York, Toronto, Ontario M3C 3A3
Via F.lli Gabba 3, 20121 β Milan, Italy
RM2106, Huishangsha Edifice, No.37, Baoshi West RD, Shiyan Town, Baoβan District, Shenzhen - 518108, China
C-100, Sector 2, Noida (UP), Delhi NCR, India 201301
One Raffles Place, Tower 1, 27-03 Singapore - 048616