RAK Offshore Company Formation Packages | RAK Offshore Company Formation
RAK Offshore Company Formation – One of the Most Popular Types of UAE Company Formation
RAK Offshore Company Formation. RAK Offshore Company Formation & Registered Agents Services by the UAE Offices of The FBS Kotsomitis International Group in Ras-Al-Khaimah (RAK) – Watch our International Group Video Profile as Broadcast by FOX 5 News – Our Group’s Global Reach
“RAK Offshore Company Formation: Form a RAK Offshore Company – Manage Your International Tax and Confidentiality Risks and Benefit from Many Advantages & Our World Class RAK Offshore Company Formation Services‘
Start Your RAK Offshore Company Formation NOW!
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Ras-Al-Khaimah (RAK) Head Office: +971 7 244 7676
RAK Offshore Company Formation
RAK Offshore Company Formation refers to the process, considerations, decisions and actions of legally setting up a RAK Offshore Company or other type of Offshore Company or Business in Ras-Al-Khaimah, under UAE Law and RAK Regulations with the RAK ICC Licensing Authority, intended to conduct business internationally.
Related and closely linked to this RAK Offshore Company Formation process is all work connected to the establishment of the RAK Offshore Company business per se which is to be conducted using this newly formed RAK Offshore Company.
Such establishment work for Your RAK Offshore Company often entails arranging for Visas for the owners, managers and staff if permitted by the license type, opening bank accounts for the RAK Offshore Company, arranging registered agents and registered offices, arranging for professional services to support the RAK Offshore Company and other establishment work.
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How Can We Help With Your RAK Offshore Company Formation? Why Us?
Start Our 8-Step Process of RAK Offshore Company Formation Now and Set Up your UAE Offshore Business of Choice. Any RAK Offshore Company Formation Type and RAK Offshore Business License in Ras-Al-Khaimah.
A to Z Services for RAK Offshore Company Formation, Management and Administration from Leading RAK Offshore Company Formation Registered Agents and RAK Offshore Company Formation Consultants.
Work with FBS Emirates for Guaranteed High Standard of Professional Services, a Friendly Approach, Very Competitive And Fair Prices, Fast and Competent Execution, Your Minimum Involvement and Peace of Mind.
FBS Group: Your Trusted and Well-Established RAK Offshore Company Formation Consultants – RAK Offshore Company Registered Agents
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Why Set Up a RAK Offshore Company or RAK Offshore Business?
Benefit from Your RAK Offshore Company being a Globally Recognised International Business Company (IBC)
A RAK Offshore Company is a very well-known and popular Company type in the UAE and internationally and one that enjoys a “white-list’ status as it is not included in any official FATF ‘tax-haven black-lists’ internationally. In this sense, your new RAK Offshore Company will enjoy an internationally recognized and accepted status.
A RAK Offshore Company, or as it is more widely known as RAK ICC Company is an UAE International Business Company or an UAE IBC, is a tax-free UAE Registered but Non UAE Resident Company that is set up in an especially designated UAE Economic Zone (UAE Free Zone or Offshore Zone).
This RAK Offshore Company is in addition permitted to conduct, exclusively, international business activities outside the UAE and derive the entirety of its income outside the UAE, with the exception of rental income from UAE Real estate and interest on local deposits and bonds.
Many Advantages for Your RAK Offshore Company
Constructive use of RAK Offshore Company Formation in the UAE can yield the investor significant advantages. Tax Free Status, Security, Confidentiality, Flexibility and Unique Lifestyle Advantages. Read about the UAE Advantages and UAE Facts.
Multiple Business Activities in One RAK Offshore Company
RAK Offshore Companies are permitted to engage in multiple business activities such as trading in goods and services, professional services. They are used as holding Companies being shareholders and investors in other UAE or non UAE-based Companies as well as property holding Companies. RAK Offshore Companies are not allowed to engage in Insurance and Finance business.
Confidentiality of The RAK Offshore Company
Additionally, a RAK Offshore Company or an IBC is protected by the highest levels of confidentiality adopted in the UAE about the identity of its owners, directors and activities, within acceptable international standards.
Bank Account & Registered Office of the RAK Offshore Company
The RAK Offshore Company is, however, allowed to have a UAE Registered Office at the location of its Registered Agents, open a UAE bank account as well a bank account anywhere outside the UAE, own UAE Real Estate in some Emirates and use the Services of UAE professional firms.
With our firm having offices in both downtown Dubai and Ras-Al-Khaimah investors have a choice of location of the registered office of their RAK Offshore Company to be either in Dubai or Ras-Al-Khaimah.
RAK Offshore Company Formation: Other Advantages
- The UAE imposes no restrictions or taxes or withholdings on fund transfers internationally or on repatriation of funds for RAK Offshore Companies
- 100% foreign ownership is allowed for the RAK Offshore Company
- Use of UK Common Law and the English Language in the RAK Offshore Company documents
- A RAK Offshore Company is exempted from any income tax, corporate tax, personal tax or custom duty.
- It is not necessary for an investor to come to the UAE in order to form the RAK Offshore Company.
- No audit is required from the RAK Offshore Company
- Non UAE residents AND UAE Residents, Individuals or Companies, can be directors or shareholders of the RAK Offshore Company
Important Note – RAK Offshore Companies
Finally it is worth noting that a RAK Offshore Company is not entitled to UAE Residence Visas for its owners or directors, employ staff or set up offices in ‘Mainland UAE’.
Conclusion: Who is the RAK Offshore Company Suitable For?
Therefore the RAK Offshore Company or a RAK Offshore IBC is suited to those investors who wish to set up a Company fast and at a lower cost than other Company types to minimize their corporate tax liabilities or to protect their assets.
A RAK Offshore Company is attractive to investors because it is a Company with international image and multiple activities within a confidential and tax-free environment that can open a bank account in the UAE and/or anywhere internationally and has the highest degree of confidentiality. An RAK IBC may be incorporated either by individuals or Companies.
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RAK Offshore Company Incorporation in Ras-Al-Khaimah – Establishment Procedures
We specialise in RAK Offshore Company incorporation with RAK ICC Licensing Authority, in Ras-Al-Khaimah. We are your valuable partner for literally ALL Your RAK Offshore Company needs in Ras-Al-Khaimah. RAK Offshore Company incorporation, bank account opening and professional corporate services. RAK Offshore Companies in Ras-Al-Khaimah afford significant advantages to investors and are 0% tax-free vehicles to do business.
Corporate and Structuring Advice:
Consultancy and discussion on the business purpose to confirm / guide you and make sure the RAK Offshore Company will suit your business and/or purposes.
We will then send you a quotation to agree and subject to agreement we will issue an invoice for payment. On receipt of payment we will begin the work, as described below.
Registered Company name:
Choosing a name for your RAK Offshore Company is the first and we recommend selecting three names in order of preference, to ensure that the name… (Ltd., LTD., Limited and LIMITED are all allowed in the Ras-Al-Khaimah).
Shareholders, Directors and Company Secretary:
A minimum of one Shareholder, one Director and one Secretary are allowed for the RAK Offshore Company, each of which can be an individual or a corporate entity. The legal name, address, contact details and other attested (or ‘legalized’) documentation for each office may also be required. Plus each has to have visited the UAE in the last 6 months and be able to show the passport stamp of entry.
Also he/they may need to re-enter on applying to the bank to open a bank account. So the easiest, quickest and cheapest way is to have one natural person be the director, the shareholder and the secretary at the same time. In case we act on your behalf all is easy and no need exists for clients to travel to the UAE!
Shares and currency of issue:
Issued shares of a RAK Offshore Company can be in any currency and are usually on a ‘non-paid up’ basis, allocated to shareholders in the denomination of your choice but we use USD$ as standard. There are no minimum capital requirements but for our clients we recommend to have adequate capital paid up and deposited at a local bank from the start to have the “goodwill” of the banks and the authorities as to the serious business intentions of the Company
Incorporation timescale:
On submission of all required documentation, Company formation can take as little as 3 to 5 days. Bank account opening may take 2-4 weeks depending on the case and the specific corporate structure. So generally in the UAE it is true that “patience is a virtue”. Generally the UAE has significant “red tape” at all levels of the system (but to be fair it is also a very popular jurisdiction creating high workload levels for the banks and authorities) and things may not be as efficient as in the EU or the US. The Choice of a Competent RAK Offshore Company Registered Agents / RAK Offshore Company Formation Consultants is critical in this respect.
BUT … the UAE has such significant other advantages (0% tax, FULL 100% beneficial owner confidentiality with banks and authorities PLUS+ no information exchange for any type of UAE active Company trading in goods or services or holding Companies of active Companies!
Summary of Our Simple 8-Step RAK Offshore Company Formation Process
Our Simple 8-Step Process aims at addressing all the actions and decisions necessary to successfully, smoothly and in a problem-free fashion Form, Set Up and Establish Your RAK Offshore Company and Business in the UAE.
Our 8-Step process revolves around 8 central actions and related decisions for your RAK Offshore Company Formation:
Choosing a suitable UAE-based RAK Offshore Company Formation Expert and Consultant and submitting to them the Required Documents and Forms and obtaining a proper consultation. From then on with our guidance comes deciding on the Business and License Type and a specific UAE Location and Registration Authority to set up the Company, Deciding on Ownership Type, Choice of Legal Form, Deciding on RAK Offshore Company Trade Name, Determining Share Capital – Shareholders – Managers, Deciding where and with which Bank to open a Bank Account with and finally setting out plans for Establishment Logistics – Premises, Marketing and other set up work.
Our Role as RAK Offshore Company Registered Agents in the RAK Offshore Company Incorporation Process …and After
- Collect all owner’s identity and passport personal documents, CV, bank reference letter, 6-months bank statements, proof of address and a draft business plan and activities list AND in the case of a corporate shareholder the relevant Company documents of the shareholding Company
- Prepare all RAK Offshore Company incorporation documents for your RAK Offshore Company
- Complete, check and submit all RAK Offshore Company Formation, Bank Account and Visa applications to the relevant bodies, institutions and Authorities
- Name approvals and other governmental approvals (after approval, MOA and application forms will be signed) for your RAK Offshore Company Formation
- Monitoring and controlling the progress of the RAK Offshore Company formation process through the various steps ensuring smooth and problem free set up
- Bank account opening – we introduce banks to clients to act as the RAK Offshore Company’s bankers
- Full-Scope professional services to support your RAK Offshore Company operations from A to Z (VAT, Tax, Accounting, Bookkeeping, Audit)
Following the Formation Stage our role is to continuously support you in all related matters pertaining to the RAK Offshore Company’s needs for professional services, as required.
Click Here to Email Us NOW: Get a RAK Offshore Company Formation Quotation – Consultation
FBS Group: We Make RAK Offshore Company Formation in Ras-Al-Khaimah Simple For You!
RAK Offshore Company Formation Consultants – RAK Offshore Company Agents in Al Hamra Village in Ras-Al-Khaimah – The FBS Group:
Manage Your International Tax and Confidentiality Risks and Benefit from the Services of RAK Offshore Company Formation Consultants – RAK Offshore Company Registered Agents with Ras-Al-Khaimah…With lowest fees for Offshore Company Formation and Free Zone Company Formation!
RAK Offshore Company Formation Consultants – RAK Offshore Company Registered Agents
Members of The FBS Kotsomitis International Group in Ras-Al-Khaimah (RAK) – Watch our International Group Video Profile as Broadcast by FOX 5 News – Our Group’s Global Reach…
Start Your RAK Offshore Company Formation NOW!
Click Here to Email Us NOW: Get a RAK Offshore Company Formation Quotation – Consultation or Contact our Offices:
Ras-Al-Khaimah (RAK) Head Office: +971 7 244 7676
RAK Offshore (ICC) Corporate Video
RAK Offshore (RAK ICC – International Corporate Centre) Map
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