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
Emirate: Ras al-Khaimah.
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
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.
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.
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.
A minimum of one shareholder is required for a RAK Offshore Company formation.
Publicly Accessible Records
Location of Meetings of Directors and Shareholders
Personal Presence Required
Double Taxation Treaty Access
Requirements to File Accounts
Requirement to File Annual Return
Language of Name
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.
RAK ICC Company Formation Prices
RAK ICC Company Registration Package Includes:
- Company Name Check
- Initial Business Approval
- Preparation of Application Documents
- Company Registration Fee
- Certificate of Registration
- Registered Office Address for 1 year
- Registered Agent Services for 1 year
- Government filing fee
- Certificate of Incorporation
- Memorandum & Articles of Association
- Minutes of first meeting appointing the director(s)
- Share Certificate(s)
- Register of shareholders
- Register of directors
Starting at: $2490
Why Choose Worldwide Incorporation Services?
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
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