RAK ICC Company Formation
Why Set Up a RAK ICC Company or UAE Business?
Constructive use of RAK ICC Company Formation in the UAE can yield the investor significant advantages. Tax, Security, Confidentiality and Lifestyle advantages. Read about the UAE Advantages and UAE Facts.
RAK ICC Company Formation is the new regime for RAK offshore (previous Offshore Company Formation Regime) and the ‘Way Forward’ in terms of prestigious Non-Resident UAE Companies (Offshore) formed. It is regulated by the RAK ICC Company Authority in Ras Al Khaimah.
With RAKICC company formation, investors can trade internationally, invest anywhere in the world and own properties internationally.
With a RAKICC Company Formation, you can enjoy the perfect environment for your business to flourish.
RAKICC is becoming a highly attractive offshore jurisdiction for businesses and investors, kick start the RAKICC Company Formation procedure today!
The Benefits that You can Enjoy with a RAK ICC Company
- 100% exemption of corporate tax
- 100% exemption of income tax
- 100% foreign ownership in the free zones
- 100% repatriation of capital and profit
- 0% capital gains tax
- 0% import and export taxes
- 0% capital duty
- 0% withholding tax
- Zero minimum share capital
- Zero disclosure of information
- Possibility of re-domiciliation
- The company can own shares in foreign companies, local companies and free zone companies
- The company can own real estate in the UAE and in other countries
- Ownership of aircraft, ships and yachts is allowed
- Ownership of asset protection, copy right and trademark are allowed
- Partial individual and / or company ownership is allowed
- Single shareholding structure is allowed
- Protection of investments overseas
- Activities permitted as an international entity overseas
- Simple accounting procedures, with no yearly audited financials
- All business activities allowed except for financial activities
- Lowest company formation and operational costs in the UAE
- No requirement for a physical office
- International and UAE bank accounts allowed
- Shareholder can select the applicable internal governance law
- No requirement for legalisation of company documents for use within the UAE
- No need to travel to the UAE as company formation can be done elsewhere
- Easy settlements of commercial disputes
How We Can Help You with Your RAKICC Company Formation
A new RAKICC company formation will seem like a challenging task for the majority of you. We advise you to seek help from RAKICC company formation experts and trusted advisors like FBS Kotsomitis.
Our experienced team is here to guide you through the processes of application, RAKICC company formation, issuing of licenses and issuing of visas.
We specialise in offshore company formation with RAKICC in RAK as well as with Jebel Ali – JAFZA offshore company formation in Dubai.
When your new RAKICC company is up and running, we provide support to make sure it runs smoothly. Our multilingual professionals are highly experienced in setting up companies in Dubai, RAK and all other UAE locations.
It’s important to remember that trusting an experienced, professional corporate services firm will save you time and money in the long run.
Invictus Corporate and Management Services FZ-LLC is an officially registered and licensed Registered Agent of RAK International Corporate Centre (RAK ICC), authorized to provide professional company formation, corporate administration, and ongoing support services for RAK ICC entities.
Our official status enables us to deliver trusted, compliant, and efficient solutions to entrepreneurs, investors, and international businesses seeking to establish a presence in the UAE.
It is our Job to Make Sure Your RAKICC Company Formation Process is Smooth and Seamless
You are only 5 simple steps away from a RAKICC company formation:
Step 1 – Choose Your UAE Company Formation Agents
Choosing a suitable UAE-based UAE, Dubai & RAK Company Formation Expert and Consultant and submitting to them the Required Documents and Forms and obtaining a proper consultation.
Step 2 – Decide on Business and License Type and UAE Location
From then on with our guidance comes deciding on the Business and License Type and a specifically chosen UAE Location and Registration Authority to set up the company.
Step 3 – Decide on Ownership Type
Weather 100% ownership or use of a local partner / sponsor.
Step 4 – Choice of Specific Legal Form
Free Zone, Offshore, Local and which particular Legal Entity type.
Step 5 – Decide on UAE, Dubai & RAK Company Trade Name
Trade Name choice and approval is the first step and 3 names must be submitted for official approval.
Step 6 – Determine Share Capital – Shareholders – Managers
Taking into account UAE Rules and Legislation on the above.
Step 7 – Decide where and with which Bank to open a Bank Account with
There is a wide choice of banks in the UAE and internationally.
Step 8 – Set out plans for the Establishment Logistics – Premises, Marketing and other set up work
This is the last step and, naturally, necessary before the launch of your UAE business.
RAK International Corporate Centre (RAK ICC) Overview
RAKICC operates with international best practices and compliance standards and regulations in the offshore company formation industry.
The registry now has over 27,000 companies under its wing, with clients from over 100 different countries.
RAKICC is predicted by many to soon become one of the most popular offshore company corporate registry jurisdictions globally.
| RAK International Corporate Centre (RAKICC) Company Formation F.A.Q. |
| How can I set up my RAKICC company? | Only registered agents can be used for your RAKICC company formation. Contact the Experts – Get in Touch with FBS Kotsomitis |
| What are the company types that can be set up at RAKICC? | Company Limited by Shares Company Limited by Guarantee Restricted Purposes Company Segregated Portfolio Company Unlimited Company |
| What about the company’s directors? | Minimum one director A director can be a company or an individual Directors’ details are not made public |
| How many shareholders are required? | Minimum one shareholder Shareholders’ details are not made public |
| What about the company’s secretary? | The company’s secretary does not have to a UAE resident |
| What about the company’s registered address? | There is no need for a physical office The company’s registered address has to be in RAK |
| What are the main business activities at RAKICC? | General trading activities Holding company International services Professional services Consulting and advisory activities Shipping and ship management activities Investments Owning of property Intermediary brokers |
Part of FBS Kotsomitis International Network
7th floor, Offices 7F-6A-6B
RAKEZ Amenity Centre, Tower 2
P.O.Box 322762, Al Jazeera Al Hamra
Ras Al Khaimah, United Arab Emirates