What happens if a RAK ICC company is not renewed?
Last updated: Oct 21, 2026, 17:46 (UTC+08:00)
RAK ICC can apply penalties and eventually strike the company off, which can freeze its bank account and complicate any property it holds. Restoration is possible within a limited period by paying the arrears and penalties (confirm the current rules with your specialist). If the company has done its job, close it on purpose instead.
Source: RAK ICC Business Companies Regulations 2018, Ras Al Khaimah International Corporate Centre