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SFM IN PRESS

It is now possible to purchase properties in Dubai with a RAK offshore company

8 August 2019

In a recent development, businesses individual shareholders registered in RAKICC (Ras Al Khaimah International Corporate Centre) may now own properties in areas of Dubai designated as freehold. [..]

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Ras Al Khaimah is offering the best of both worlds

18 June 2019

The best of both worlds in Ras Al Khaimah, where in the frame of a continuous development, the authorities launched a unique product – the Premium Product – combining onshore and offshore features. [..]

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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