Business Setup Consultants

Ras Al Khaimah Internal Corporate Centre (RAK Offshore)

Offshore Company Formation
offshore Company Setup

Business Set Up in RAK ICC Offshore

RAK International Corporate Centre (RAK ICC) is a corporate registry formed by consolidating two IBC registries; RAK International Companies & RAK Offshore.

 

RAK ICC operates under common law legislation. This means your company can have access to the Common Law Courts of the Abu Dhabi Global Markets (ADGM) and the Dubai International Finance Centre (DIFC) if they choose to do so. In addition, companies also have access to a variety of legal to suit their needs.

 

There is no minimum capital with RAK ICC, and there isn’t a need to file financial accounts. You have the flexibility to open corporate accounts within the UAE in multiple currencies. In addition, there is no restriction on the repatriation of capital and profits.

 

Kindly note that a RAK IBC company must be incorporated via a registered agent. The address of the registered agent will be the registered address for your IBC. You do not need to lease any office space for your company.

Benefits of Setting Up a Business in RAK ICC Offshore

  • Asset protection.
  • Names of shareholders and directors are not displayed on a public register.
  • Zero taxes.
  • Access to corporate banking.
  • Hassle-free and efficient administration.
  • Fast incorporation process and easy renewal procedure.
  • Every company must keep accounting records for seven years from the date of preparation. The accounts do not have to be filed with the RAK ICC.

Common Business Activities at RAK ICC Offshore

  • Consulting
  • Holding company
  • IP protection
  • Marketing
  • Manufacturing
  • Property holding
  • Trading

Fees

Please get in touch with us for pricing details.

Incorporation Physical Presence Needs

Shareholders are not required to be physically present in the UAE to complete the incorporation process of a company.

We are here to help you.

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