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SFM IN PRESS

SFM wins the Best Agent Award in Ras Al Khaimah

14 February 2019

We are delighted to announce that SFM was bestowed with the Top Agent 2018 Award by RAK International Corporate Centre (RAK ICC) as the best-registered agent. The award has been granted in acknowledgement of SFM’s outstanding incorporation records for 2018 among other criteria. [..]

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What is the world’s best offshore jurisdiction?

31 January 2019

In the last 10 years, the world’s offshore industry has gone through major change. New offshore centers have emerged, while others have drastically reduced in size. [..]

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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