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News

SFM IN PRESS

Ras Al Khaimah launches an amnesty program

15 January 2020

SFM is pleased to announce the commencement of an Amnesty Programme, initiated by the RAK International Corporate Centre (RAK ICC), [..]

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Be careful about what you post online-French Tax Authorities Can Now Use Social Media Investigations

14 January 2020

A new year has just begun and the fight against tax evasion has taken another step. At the end of 2019, the French Constitutional Court [..]

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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 type Offshore Company
Governing corporate legislation Ras Al Khaimah International Corporate Centre
Information published relating to company officers Company director names are not disclosed
Confidentiality Complete confidentiality
Accounting requirement Accounts and auditing are not required
Taxation No corporate or personal taxation
Legislation Ras Al Khaimah International Corporate Centre
Standard currency UAE Dirhams pegged to USD
Time to form 5 working days
Communication Efficient communication
Local sponsor requirement Optional, local or foreign sponsorship
Foreigner ownership 100%
Residence visa issuance No residence visa
Number of directors needed A 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