- Your Company in RAK in 1-2 days.
- The most competitive price, in complete transparency.
- Complete confidentiality.
- A dedicated manager available throughout the year.
- Your company with a bank account, including eBanking and a card.
RAK ICC Company is ideal for:
- Commerce over the internet
- For the custody of real estate
- For inheritance purposes
- Holding intellectual property rights
Good to know
|The United Arab Emirates, thus the emirate of Ras Al Khaimah, is not a territory that is dependent on another country or governing body. As such, the UAE is not subject to EU regulation nor is it a member of the Organization for Economic Cooperation and Development (OECD), which means that the country does not partake in the foreign automatic exchange of information.|
Main Features of a RAK Offshore:
|Company Type||International Business Company (IBC)|
|Governing Corporate Legislation||The RAK Investment Authority is the governing authority and companies are regulated under the RAK Offshore Regulations 2006.|
|Public Records||There is no public register of company officers|
|Confidentiality||RAK offers complete anonymity and privacy as well as protection of any other information or assets.|
|Reporting Requirement||No accounting / reporting requirements|
|Taxation||No taxes of any sort|
|Time Frame||RAK has a fast and efficient Registry: it takes only 1-2 days to register a company|
|Stability||Very stable jurisdiction with an excellent reputation|
|Time Zone||Convenient world time zone: GMT+4|
|Ownership||100% foreign ownership is allowed, no requirement to have a local partner.|
|Basis of Legal System||UAE law.|
|Min Directors/Shareholders||Minimum of 1 director/shareholder|
|Min Registered Capital||AED10,000|
|Bearer shares||Bearer shares are not permitted|
- Passport copy;
- Proof of address dated less than three months;
- Bank Reference Letter
- Memorandum & Articles of Association (3 original sets to be submitted)
- UAE entry stamp page on the passport.
- CV of shareholder(s)
Note: The Registrar reserves the right to call for additional documents if necessary.
General Information on RAK
Ras Al Khaimah (RAK) is one of the seven emirates of the United Arab Emirates and can be found about 100 km north-east from Dubai in the southern part of the Persian Gulf.
Formerly known for the building of ships and commercial activities in the maritime sector, it is now better known for its industrial sector.
RAK is the largest producer of cement in the UAE and the world’s largest producer in ceramics. A lot of interest has gone towards the financial and investment sector in RAK due to new legislation and regulations adopted by the authorities; this in turn has led to interesting business and investment opportunities for individuals and companies worldwide.
An International Business Company in RAK can conduct business internationally, own real estate in the UAE, be used as a trading vehicle, maintain bank accounts and much more. Company registration in RAK takes about 48 hours to be completed.