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SFM IN PRESS

DTEC is Here – What is It and How Can it Benefit You?

29 October 2018

Once again proving that the UAE is one of the world’s best centres for tech companies, a new jurisdiction has just opened in Dubai for start-ups [..]

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Protecting your assets in the UAE : Introducing the DIFC Will

11 September 2018

Succession planning in United Arab Emirates (“UAE”) for non-Muslim resident and foreign investors: how to protect your assets located in Dubai and in Ras Al-Khaimah?[..]

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RAK INTERNATIONAL CORPORATE CENTRE (RAKICC)

Our Commitment

  1. Your RAK Offshore Company in 5 working days. *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. Setting up your company with a bank account including eBanking and debit card
  5. UAE Residency Visa for you and family members
Ras Al Khaimah Investment Authority Company

RAK International Corporate Centre Company Main Characteristics:

Company typeOffshore Company
Governing corporate legislationRas Al Khaimah International Corporate Centre
Information published relating to company officersCompany director names are not disclosed
ConfidentialityComplete confidentiality
Accounting requirementAccounts and auditing are not required
TaxationNo corporate or personal taxation
LegislationRas Al Khaimah International Corporate Centre
Standard currencyUAE Dirhams pegged to USD
Time to form5 working days
CommunicationEfficient communication
Local sponsor requirementOptional, local or foreign sponsorship
Foreigner ownership100%
Residence visa issuanceNo residence visa
Number of directors neededA minimum of one director

Type of License:

  • Industrial License:

    This allows the process of manufacturing, assembling and packaging, etc.

  • Trade Licence:

    Import/export, distribution, most forms of trading (five activities of similar products must be specified or three very different activities consisting two different product types).

  • General Trading:

    Most extensive forms of trading, import/export and the distribution of goods.

  • Commercial License:

    Contracting, repair and maintenance, rental, shops and restaurants etc.

  • Consulting/Services:

    All types of consultancy activities including management, business, industrial or professional services license (including real estate related consulting activities).

  • Media License:

    Every form of media and communication services.

  • Limited Liability Company Structure (FZ-LLC/LLC):

    This type of company must comprise a minimum of two partners. The partners can be individuals or companies.

  • Foreign or Local Branch:

    Under this category, licenses are only possible for existing companies which hold a valid license from any other acceptable licensing authority, be it local or foreign.

  • Establishment (FZ/IZ):

    This incorporation is for the single shareholder, which can be either an individual or a company.

Information concerning RAK International Corporate Centre (RAKICC)

RAK OFFSHORE

RAK International Corporate Centre (RAKICC) is a Corporate Registry operating in Ras Al Khaimah, United Arab Emirates. RAK International Corporate Centre is responsible for the registration and incorporation of International Business Companies, as well as providing a full suite of Registry services related to International Business company activity. RAK International Corporate Centre is a modern, world class Company Registry operating in full compliance with international standards and best practices in the International Business company formation industry.

* Please refer to our Terms & Conditions