International Business Companies
RAK ICC benefits from one of the most comprehensive lists of non-double taxation treatries in the world. At RAK ICC the "raison d'etre" is to help your business succeed, from the very outset, it was conceived to allow you to unleash your entrepreneurial spirit by making it easier and more cost-effective to start and operate an offshore business.
RAK ICC is an ideal location for international operations and assest protection schemes thanks to the proximity to major economies and strategic location between East and West. With RAK ICC you can register an International Business Company bearing the status of Ltd (Limited).
RAK ICC will provide for a well-developed financial regulatory framework that includes strict compliance for international anti-money laundering regulations.
The local currency (AED) is pegged to the US Dollar, ensuring a stable exchange rate with no currency fluctuation.
The experience and expertice of RAK ICC will provide world-class service with over 15,000 already registered companies.
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The RAK ICC offshore companies are registered in the International Companies Registrar. The customers communication with such registrar can be done over the Registrar registered agents only.
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No offshore companies are permitted to deal with financial activities and media activities.
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The RAK ICC international business companies can be incorporated in the UAE to conduct the legal business only. Within the RAK ICC company incorporation the following data shall be provided:
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The name of the IBC Company, which may end with, the word "Limited" or "Incorporated" or the abbreviation "Ltd." or "Inc." - The address of the Free Trade Zone International offshore Company's registered office;
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The nature of the business to be conducted. It shall be sufficient to state that the purpose of the RAK International offshore Company is to engage in any lawful act or activity for which International Companies may be organized under these Regulations;
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The amount of share capital, which the Ras Al Khaimah IBC Company proposes to be registered, and its division into shares of a fixed amount;
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The full names and address of each of the incorporators and (if they are different) the persons who are to serve as directors
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Open an Offshore Company
Documents required for the incorporation of an offshore company
» Passport Copy
» Bank Reference Letter
» Proof of Residence
» Copy of license or incorporation certificate issued by the chamber of commerce or any other body
» Board of Resolution
» MOA of the parental company
» Passport Copy of the Director and the Shareholders
» Additional documents may be requested by the Registrar during the registration process