RAK Offshore Company Formation at RAKICC
The Government of Ras Al Khaimah recently announced the launch of RAK International Corporate Centre (RAKICC) as its corporate registry for RAK offshore companies.
RAKICC has become a highly attractive offshore jurisdiction for businesses and investors wishing to trade, invest and own properties internationally.
RAKICC is a corporate registry meaning that it is responsible for the incorporation of International Business Companies (IBC’s) or offshore companies. RAKICC provides investors with all necessary registry services that are related to offshore company business activities.
RAKICC was launched in order to strengthen the Emirate of RAK’s position as a prime global investment destination.
The creation of RAKICC combines the international client base of two company registries which has created far greater client volumes and a solid base for even more future growth.
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The Advantages of a RAK Offshore Company at RAKICC
Its offshore regime is the best in the UAE as it was permitted to give total confidentiality (100% anonymity and no disclosure of UBO to authorities) along with minimum rules/restrictions with maximum flexibility.
Read Why we Prefer RAK Offshore Companies – Click Here
Have a look at the many more advantages you can expect to enjoy with a RAK Offshore company formation in RAKICC:
- 100% foreign ownership
- 0% corporate and personal taxes
- No restrictions on remittance of capital and profits
- Business activities permitted as an international entity, outside the UAE
- All business activities permitted apart from financial activities
- Lowest company setup and running costs in the UAE
- Possibility of single shareholding structure
- The company can own shares in local companies, free zone companies and foreign companies
- The company can own real estate in the UAE and other countries
- Ownership of ship, yacht and aircraft permitted
- Ownership of asset protection, copy right and trademark permitted
- Partial individual and/or corporate ownership permitted
- Protection of investments abroad, simple transfer of assets held abroad
- No need for a physical office
- International and UAE bank accounts
- No obligation for bank deposit of the capital amount
- Easy transfer of domiciliation or continuation
- No submission of yearly audited financials
- Smooth settlements of commercial disputes with dispute resolution
Setting up your own RAK Offshore company will seem like a daunting task. You are strongly advised to seek professional assistance.
FBS Kotsomitis specializes in RAK offshore company formation with RAKICC as well as Dubai offshore company formation with JAFZA, (Jebel Ali). We are your valuable partner for literally ALL your UAE offshore company needs in Dubai and RAK.
Offshore companies in RAK ICC as well as Dubai afford significant advantages to investors and are 0% tax-free vehicles to do business.
Our Team at FBS Kotsomitis can assist you set up and run your new RAK Offshore Company.
We assist you from selection of the ideal type of entity for your individual needs through to setting up your company, licensing, opening bank accounts, issuing of visas, choosing the right facilities for your company. Everything you need ….. from start to finish.
We work with all offshore and free zone authorities and government departments in the UAE. We are experienced in all government formalities, document processing and procedures for formations of all types of UAE companies in a diverse range of sectors.
When your company is incorporated we provide support and guidance so you can operate your company smoothly. We provide a wide range of services such as accounting, Tax, bookkeeping, VAT, banking…… and more…
There are only 5 simple steps involved in RAK Offshore Company Formation – Click Here for more information on the 5 Steps for Your RAK Offshore Company Formation
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More Information on RAK Offshore Company Formation and RAKICC
Some FAQ’s on RAKICC | |
Question | Answer |
How do I go about forming my RAK Offshore company? | A RAK Offshore company at RAKICC company can be incorporated only through registered agents. |
What types of companies can be incorporated at RAKICC? |
Company Limited by Shares – the liability of the shareholders to the creditors of the company is limited to the originally invested capital Company Limited by Guarantee – a company that does not normally have a share capital or shareholders, but has members who act as guarantors Restricted Purposes Company – a special type of company that has only limited corporate capacity to undertake certain purposes Segregated Portfolio Company (SPC) – a company that segregates the assets and liabilities of classes of shares from each other and from the assets of the SPC Unlimited Company – a hybrid company incorporated with or without a share capital and where the legal liability of the members or shareholders is not limited |
What other services are offered by RAKICC? | Transfer of domicile – the process by which a company/enterprise re-locates its domicile from one jurisdiction to another, while maintaining the same legal identity |
Set Up Your RAK Offshore Company – We are Here to Assist You
The newly established RAKICC was created following the merger of two company registries, namely RAK International Companies (which used to be part of RAK Free Trade Zone) and RAK Offshore (which used to be part of RAK Investment Authority).
RAKICC now proudly houses over 27,000 companies with clients from more than 100 different countries.
RAKICC is a modern, world-class company registry that operates in line with international best practices and standards of compliance and regulation in the offshore company formation industry.
RAKICC provides the ideal environment for businesses to thrive and is predicted by many to become one of the best offshore company corporate registry jurisdictions in the world.
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UAE Company Formation Packages | |
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Start-up Packages | Company Set-up in Dubai, RAK and UAE |
UAE Offshore Company Formation | Startup Package |
By forming an offshore company in the UAE you can have a UAE address and run your business tax free internationally, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK | Dubai Offshore Company Ras Al Khaimah - RAK ICC Company |
Free Zone Company Incorporation in the UAE | Startup Package |
By setting up a free zone company in the UAE you can enjoy the privileges of onshore presence and UAE and international trading tax free, open a bank account in the UAE or outside the UAE and own property in Dubai or RAK. Residence Visa is given to investors and staff. | Dubai Free Zone Company RAK Free Zone Company Sharjah Free Zone Company: Abu Dhabi Free Zone Company: |
Extra UAE Company Set-up Services on request | Prices |
Virtual office, telephone answering, mail forwarding, accounting, tax and VAT services and consulting, PRO services and Visa processing | On request - we price our services very competitively and are flexible to find fair agreements with clients |
Offshore Companies and Free Zone Companies in Dubai, RAK and UAE | |
RAK Offshore Company - RAK ICC | Dubai Offshore Company - JAFZA |
DMCC | RAK Trade Free Zone |
DAFZA | Ajman Free Zone |
JLT | RAKIA - RAK Investment Authority |