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RAK Offshore

Kick-start your company in RAK International Corporate Center!

RAK offshore company in UAE

Ras al-Khaimah (RAK) is one of the seven emirates in the UAE. Established by the Ras Al Khaimah Investment Authority (RAKIA), the RAK International Corporate Center (ICC) offers lucrative opportunities for businesses seeking to open an offshore company. Its rules and regulations are business-friendly and companies from across the globe incorporate their business here to acquire the status of international company.

RAK offshore offers a conducive climate for businesses and the details of the owners are not disclosed to ensure privacy. RAK ICC is a registry to incorporate International Business Centers or IBCs in the Ras al-Khaimah. It is more flexible and less costly than other offshore jurisdictions. To the advantage of international investors, the region has signed a Double Taxation Avoidance Agreement with several countries including Germany, Singapore, India, Malaysia, China, New Zealand, and many more. This makes it ideal for businesses and investors from these countries to incorporate a RAK offshore company in UAE.

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Company formation in RAK Offshore.

RAKICC is the home to more than 25,000 companies and investors from 100s of countries across the world. RAK offshore serves as one of the prime jurisdictions for offshore companies and investors. RAK offshore company setup is easy and requires that you submit the required documents.

Our company formation experts in UAE will guide you through the process right from documentation until incorporation and follow up. It is one of the fastest in UAE and does not require your physical appearance.

Highlights of RAK Offshore

  • 100% Foreign ownership
  • Zero corporate and personal taxes
  • Complete repatriation of capital and profits
  • Does not require a local office
  • No auditing is involved
  • Can be a holding company
  • Allowed to own shares in mainland company or freezone company in UAE
  • No paid up capital required

Advantages of RAK offshore company formation

 

  • Eligibility to open a bank account in the name of RAK offshore company
  • RAS offshore company can purchase and invest in real estate properties in Dubai and Ras al-Khaimah
  • Shareholder details are kept confidential and not disclosed to the public.
  • No auditing requirements and complex accounting procedures
  • Incorporation does not require physical presence of the shareholder
  • Quicker and cheaper incorporation than other offshore jurisdictions
  • No restrictions on nationality.

Documents Required for RAK Offshore Company

For an Individual Shareholder
For Corporate Shareholders

Listed below are some of the important documents required for individual shareholders to incorporate a business in RAK offshore company. To understand the exact set of requirements, book a free consultation with our company formation experts.

  • Copy of the valid passport
  • CV of the shareholders
  • Business profile of the shareholders
  • Proof of residency - Telephone, Utility bills, etc.
  • Bank reference letter
  • FATCA form

Following are some of the key documents for corporate shareholders for RAK offshore company setup.

  • Incorporation certificate
  • Memorandum of Association (MoA)
  • Articles of Association (AoA)
  • Board Resolution to open a branch in Dubai
  • Copies of passport of shareholders
  • Proof of residence of the parent company
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Frequently Asked Questions

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Email

Address

P.O. BOX:84706, Office No.108, Coastal Building, Al Qusais 2, Dubai, UAE

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Frequently Asked Questions

How long does it take for RAK offshore company setup?

If you have all the documents handy, our company formation experts can get your RAK offshore company setup within 2 to 5 days.

Why a RAK Offshore Company?

RAK offshore company presents promising opportunities to businesses and investors to open an offshore company. RAK offshore company is totally free of taxes, both corporate and personal taxes. It also has a Double Taxation Avoidance Agreement with more than 40 countries. So, investors from such countries can circumvent paying taxes in two different countries. Privacy is a key factor that people consider for company formation in RAK offshore. RAK Offshore Company offers complete anonymity and total confidentiality to the shareholders. Their details are not disclosed in public. Certain offshore company formations like the one in JAFZA require at least a minimum of two shareholders and their physical presence. Whereas RAK offshore company formation in Dubai requires only one shareholder and they are not required to be present in person for registration.

What is the process of a company offshore in RAK offshore?

The process of RAK offshore company formation in Dubai involves a few steps. Our company formation experts in UAE will simplify the steps and offer information on the documents required to setup RAK offshore company in UAE. Following are the basic steps.

  • Pick a company name and get it approved
  • Curate the documents required and submit the documents to the registrar.
  • The incorporation of the company should be filed by the registered agent proposed by the shareholders.
    Pay the fees and incorporation charges.
  • If the registrar is satisfied with the authenticity of documents produced, he will register the documents and issue the incorporation certificate.

Get In Touch With Us!

Phone

Email

Address

Office No : 1109, Bay View Tower, Marasi Drive Street, Business Bay, Dubai, PO BOX : 84706

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Frequently Asked Questions

We assist you in getting all the information, resource, and consultation you need for company formation in UAE that turns your investment into a growing business in the Gulf.

Get in touch

incorp@oxbowcs.ae

+971 545 444 888

+971 4 451 9876

Office No : 1109, Bay View Tower, Marasi Drive Street, Business Bay, Dubai, PO BOX : 391085

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