United Arab Emirates (UAE) Offshore Company Formation Service
Ras Al Khaimah (RAK) is our preferred area of incorporating a UAE company.
RAK is the most popular jurisdiction for incorporation in the UAE due to it's relative low cost, no taxation, no paid-up capital requirements and no audit requirements.
Key Features
| Company type | International Business Company (IBC) |
|---|---|
| Governing corporate legislation | RAK International Corporate Centre (RAKICC) is a Corporate Registry operating in Ras Al Khaimah, United Arab Emirates. |
| Information published relating to company officers | There is no public register of company officers. No name should be disclosed upon incorporation. |
| Confidentiality | RAK offers complete anonymity and privacy as well as protection of any other information or assets. |
| Accounting requirement | No accounting / reporting requirements. |
| Corporate taxation | A Ras Al-Khaimah IBC is exempt from any form of taxation and withholding taxes in the United Arab Emirates. |
| Legislation | Modern offshore legislation. |
| Ownership | 100% foreign ownership is allowed, no requirement to have a local partner. |
| Communication | Efficient communication means. |
| Time zone | Convenient world time zone: GMT+4 |
| Paid up capital requirement | No paid up capital requirement. |
| Renewal Date | Anniversary date of the company / Each Year |
| Basis of legal system | UAE law. |
| Minimum directors/shareholders | Minimum of 1 director/shareholder. |
| Bearer shares | Bearer shares are not permitted. |
Banking Options for UAE
We assist our clients in identifying the best banking solution for their particular needs from a variety of providers.
UAE is Recommended For
- Real Estate Holdings
- Traders and Investors
- Advisers, Consultants and Counselors
- Electronic Commerce and Digital Transactions
- Business Holdings
- Inheritance and Estate Planning
- Expatriats and Offshore Workers
