RAK Business Guide
How to describe what your company will actually do and avoid selecting a licence activity that does not fit the operating model.
Activity selection
The description should reflect the work the company intends to perform. Activity selection can influence the authority, legal form, premises, approvals, banking profile and tax treatment.
Common categories
Multiple activities
If the business has several revenue streams, list them before incorporation. Adding an activity later may require an amendment and additional approvals or fees.
Approvals
Healthcare, education, food, finance, real estate and other regulated fields may involve external authority approvals. Confirm the sequence before committing to premises or launch dates.
Before you submit
Explain what you sell, who pays you, how the product or service is delivered, whether goods are imported or stored, and where customers are located. That makes activity selection far more precise.
Continue researching
Compare the operating questions that usually decide which route is more suitable.
Read guide →Understand the costs beyond the headline licence fee.
Read guide →Longer-form analysis for entrepreneurs, investors and operators.
Browse insights →Need practical guidance?
We can help you work through the structure, activity, cost and operating questions.