RAK Offshore Company Formation

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

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Jurisdictions >> RAK Offshore >> RAK Offshore Company Formation

RAK ICC – RAK Offshore. RAK Offshore Company Formation.

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

RAK ICC – General Information

RAK Offshore Company Formation

Emirate: Ras al-Khaimah.
Country: UAE.
Location: Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia.
Time Zone: UTC+4.
Currency: Emirati dirham (AED).

Key Benefits of RAK Offshore Company Formation

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

RAK Offshore Company Formation – 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 RAK Offshore Company

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

Time to Incorporate

2-3 business days, subject to name approval.


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Cost of RAK ICC Offshore Company Registration

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

RAK Offshore Company Formation Packages


Packages

COMPARE PACKAGE FEATURES

Corporate Consultancy

Name Check

Initial Approval

Preparation of Application Documents

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

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PLATINUM

USD 3950


 
*USD 1 = approx. AED 3.67.

Need Help Choosing the Right Package?

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Interested in RAK Offshore Company Formation?


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 RAK ICC Authority to guarantee our service

RAK Offshore Company Formation – Office Addresses

 

Services related RAK ICC | RAK Offshore Company Formation

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

  • RAK 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 Offshore Company Formation | 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 Formation and Administration?
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UAE Offshore Company Formation