Mainland and RAKEZ
Accounting, tax and audit firms in Ras Al Khaimah
Ras Al Khaimah companies are taxed under the same federal rules as the rest of the UAE. Corporate tax and VAT are run by the FTA through EmaraTax. Locally, your licence comes from the emirate’s economic department or from a free zone, most often the Ras Al Khaimah Economic Zone, RAKEZ.
UAE Accountant sends your request, free, to up to three licensed accounting, tax and audit firms that work with Ras Al Khaimah companies.
Accounting and tax services in Ras Al Khaimah
Choose a service and the request form opens with Ras Al Khaimah already selected.
- Corporate tax registrationA tax agent or accounting firm checks your deadline, prepares the documents and registers your business for corporate tax on EmaraTax.
- Corporate tax return filingYear-end financial statements, the taxable income calculation, relief and free zone checks, and the return filed on EmaraTax.
- VAT registrationCheck whether you must or may register, prepare the turnover evidence and submit the VAT registration on EmaraTax.
- VAT return filingSales and purchase VAT reconciled from your books, the return prepared and filed on time, and corrections when something was missed.
- E-invoicing readinessReadiness review, choosing an Accredited Service Provider, data and system changes, and testing before your go-live date.
- Bookkeeping & accountingYour transactions recorded, bank accounts reconciled and clear monthly reports: the records corporate tax and VAT depend on.
- Payroll & WPSSalary calculations, WPS salary files, end-of-service gratuity accruals and payslips, run every month.
- External auditStatutory audits for free zone and mainland companies, and audits for corporate tax, licence renewals and banks, by registered auditors.
- Accounting system setupChoosing and setting up accounting software, the chart of accounts, VAT codes and data migration, plus training for your team.
- Part-time CFO servicesA senior finance professional for budgets, cash flow forecasts, management reporting and bank or investor discussions.
- Liquidation & deregistrationLiquidation reports, final financial statements, and corporate tax and VAT deregistration so nothing is left open with the FTA.
- AML complianceAnti-money laundering programmes for real estate brokers, dealers in precious metals and stones, corporate service providers and other designated businesses.
RAKEZ and why your licence activities matter
RAKEZ publishes its own coded list of business activities, and each licence names the activities the company may carry out. For a free-zone company, those activities are a starting point when a firm checks whether its income can count as qualifying income.
That check matters because 0% on qualifying income applies only to a Qualifying Free Zone Person. The conditions include adequate substance in the zone, audited IFRS financial statements and the de minimis test: non-qualifying revenue may be no more than 5% of total revenue or AED 5m, whichever is lower. Failing a condition means 9% for that period and the next 4.
Mainland companies follow the standard regime: 0% on taxable income up to AED 375,000 and 9% above it, with Small Business Relief open to businesses with revenue of AED 3m or less for tax periods ending on or before 31 December 2029.
What Ras Al Khaimah businesses usually ask for
- RAKEZ companies
A QFZP review, audited IFRS accounts where QFZP status is claimed, and corporate tax filing.
- New companies
Corporate tax registration within 3 months of incorporation. Late registration costs AED 10,000.
- Traders and suppliers
VAT registration above AED 375,000 and e-invoicing preparation for B2B sales.
- Small mainland businesses
Monthly bookkeeping and an annual return using Small Business Relief.
Where Ras Al Khaimah companies are based
Firms work with companies across the emirate, including in:
- Ras Al Khaimah city
- RAKEZ
- Al Hamra
Most of the work can be done remotely. An audit may need a visit for stock or document checks.
Accounting in Ras Al Khaimah: common questions
Does a RAKEZ company pay 0% corporate tax?
Only if it is a Qualifying Free Zone Person and meets every condition. It must register for corporate tax either way. See RAKEZ.
Does my RAKEZ company need an audit?
It does if it claims QFZP status, or if its revenue is over AED 50m. Check with RAKEZ or a licensed firm what the zone itself requires at renewal.
Are tax rates different in Ras Al Khaimah?
No. Corporate tax and VAT are federal and the same in every emirate.
Who receives my request?
Up to three licensed accounting, tax or audit firms. It is free and you are under no obligation.
Get quotes from accounting firms in Ras Al Khaimah
One request reaches up to three licensed firms that work with RAK mainland and RAKEZ companies.