ServiceCard Portlet
Description

This service provides the possibility of mortgaging the license and its affiliate with a view to obtaining a loan with a bank operating in the country or for another purpose that requires a mortgage certificate.

Steps
1

Access Ras Al Khaimah Government website www.rak.ae then Select Economic License Mortgage from list of services

2

Fill in all required information

3

Receive of a notification of approval of the application to pay the due fees

4

The foreclosed license will enter the advertisement stage for a period of 45 days

5

After the advertisement period ends, the customer obtains the pledged license certificate from the Ras Al Khaimah Business Platform

Limitation

  • The duration of the mortgage depends on the date the debt is paid

Required Documents
  • Official Letter :  Mortgage Certificate
  • Official Letter :  certificate of indebtedness
Fees

5550 AED

URL

https://bls.rak.ae/en/qzone/onlineservices/servicedescriptioncard?serviceid=13278e46-c473-485d-89d4-66a115b508e0

Foreclosure Services
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