RAK ICC. RAK ICC Offshore Company. RAK Offshore Company Formation. Advantages of RAK Offshore Companies

Worldwide Incorporation Services specializes in RAK ICC Offshore Company Registration and opening bank accounts.

RAK ICC Offshore Company

 

Advantages of RAK ICC Offshore Company

  • 100% foreign ownership
  • A minimum of one shareholder is required for a RAK Offshore Company registration
  • A minimum of one director is required for a RAK Offshore Company registration
  • Zero taxes and duties
  • Company can hold an account in a bank in the UAE

RAK ICC Offshore Company – Key Facts

Language of Legislation and Corporate Documents

English/Arabic.

Investor Visa

No.

Employment Visa

No.

Share Capital

The minimum requirement for share capital is AED1,000, Which must be fully paid up.

Classes of Share Available

Ordinary shares, preferred shares, deferred and shares with or without voting rights.

Bearer Shares

Not permitted.

Restrictions on Trading

This type of Company is not allowed to do business within the UAE, have an office or get visas. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Agent Required

Each RAK ICC Offshore Company must have a Licenced Registered Agent in the RAK ICC.

Registered Office Required

Each RAK ICC Offshore Company must have a Registered Office in the RAK ICC, provided by a licenced service provider.

Directors

A minimum of one director is required for a RAK Offshore Company formation. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.

Shareholders

A minimum of one shareholder is required for a RAK Offshore Company formation.

Publicly Accessible Records

No.

Location of Meetings of Directors and Shareholders

Anywhere.

Personal Presence Required

No.

Taxation

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Currency

Dirham (AED).

Exchange Control

None.

Language of Name

English/Arabic.

Restricted Words

Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-

(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;
(b) the patronage of their Highnesses the members of the Federal National Council.

Name of a Company

The name of the RAK ICC Company may end with the word “Limited” or “Ltd”.

Time to Incorporate

2-3 business days, subject to name approval.

Cost of RAK ICC Offshore Company Registration

Two packages are available for clients’ choice depending on individual needs.

RAK ICC Offshore Company – Packages


RAK ICC

COMPARE PACKAGE FEATURES

Corporate Consultancy

Name Check

Initial Approval

Company Registration

Board Resolution

Minutes of the First Meeting

Appointment of Registered Agent

Registered Agent

Registered Office

Company Stamp

Consent to Act as Director

Consent to act as Secretary

Share Certificate

Daily Update Regarding The Full Process

Meeting Arrangement With Banker

Business Plan Making

Company Profile

Company Letterhead

Full Bank Account Opening Application

GOLD

USD 2500

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

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PLATINUM

USD 3950


Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Yes

 
*USD 1 = approx. AED 3.67.

Need Help Choosing the Right Package?

Submit an enquiry or request a confidential callback or chat with us.


Why Choose Worldwide Incorporation Services?
  • We’ve been helping business owners since 1998
  • Incorporating your business is our focus
  • We make a complex process fast and easy
  • We work closely with RAKICC Authority to guarantee our service

RAK ICC Offshore Company Formation – Office Addresses

 

Services related RAK ICC | RAK ICC Offshore Company

Worldwide Incorporation Services provides the following services related RAK UAE | RAK ICC Offshore Company

  • RAK ICC Offshore Company Formation
  • Registered Agent Services in the RAK ICC
  • Registered Office Address in the RAK ICC
  • Full RAK ICC Offshore Company Administration & Secretarial Services
  • Opening of Bank Accounts

 


Worldwide Incorporation Services | RAK Dubai | RAK Offshore Company Setup

 

Free Initial Consultation
Call to any of our offices for your free initial consultation.


How to proceed
To start your business in the RAK International Corporate Center please contact one of our offices or submit an online enquiry.

GET YOUR BUSINESS STARTED IN THE RAK ICC

Why Our Company is the Best Choice for RAK Offshore Company Setup and Administration?
Click here to find out some reasons for that.


Questions? Need advice?

Submit an enquiry or request a confidential callback or chat with us.

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