(fees for our services in connection with the incorporation of companies or the preparation of an application and support for the opening of bank accounts – does not include VAT or disbursements or additional fees for the certification of documents or issue of documents or additional work other than the usual which may be requested by the banks according to the relevant case.)
Billing is in USD$.
Fees and costs (premises / license fees) necessary for set up and licensing
Offshore (RAK) Company in Ras Al Khaimah (0% tax) with bank account (the recommended, most suitable, more practical and less time consuming solution of all) – Our Fees for this structure assuming we do not act as officers of the company but only as registered agent / office are USD$ 99 in the first year including company formation, full pre and post incorporation structuring and first year registered agent/office fees (USD$1200).
EXTRA costs will be bank account introduction and application support fees of $345 per account introduced..
Cheaper “Package deals” are possible after exact requirements of corporate structures are known to us.
Free Zone – Costs and fees for this structure depend on the choice of free zone and corporate structure and type and complexity of licensing.
All other work, as requested: on a time basis with an average hourly rate of USD$195 per hour.
A very popular structure combining offshore with free zone companies is to first set up offshore co (e.g. in RAK) and then use THAT to be the holding co of a free zone onshore co in any free zone of choice.
Result: anonymity PLUS 3 year investor visa PLUS onshore tax resident status with access to tax treaties and issue of certificate of tax residence.