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Company formation in RAK Offshore

RAKICC is the home to more than 25,000 companies and investors from 100s of countries across the world. RAK offshore serves as one of the prime jurisdictions for offshore companies and investors. RAK offshore company setup is easy and requires that you submit the required documents.

Our company formation experts in UAE will guide you through the process right from documentation until incorporation and follow up. It is one of the fastest in UAE and does not require your physical appearance.

  • 100% Foreign ownership
  • Zero corporate and personal taxes
  • Complete repatriation of capital and profits
  • Does not require a local office
  • No auditing is involved
  • Can be a holding company
  • Allowed to own shares in mainland company or freezone company in UAE
  • No paid up capital required

Advantages of RAK offshore company formation

 

  • Eligibility to open a bank account in the name of RAK offshore company
  • RAS offshore company can purchase and invest in real estate properties in Dubai and Ras al-Khaimah
  • Shareholder details are kept confidential and not disclosed to the public.
  • No auditing requirements and complex accounting procedures
  • Incorporation does not require physical presence of the shareholder
  • Quicker and cheaper incorporation than other offshore jurisdictions
  • No restrictions on nationality.

Frequently Asked Questions

How long does it take for RAK offshore company setup?

If you have all the documents handy, our company formation experts can get your RAK offshore company setup within 2 to 5 days.

Why a RAK Offshore Company?

RAK offshore company presents promising opportunities to businesses and investors to open an offshore company. RAK offshore company is totally free of taxes, both corporate and personal taxes. It also has a Double Taxation Avoidance Agreement with more than 40 countries. So, investors from such countries can circumvent paying taxes in two different countries. Privacy is a key factor that people consider for company formation in RAK offshore. RAK Offshore Company offers complete anonymity and total confidentiality to the shareholders. Their details are not disclosed in public. Certain offshore company formations like the one in JAFZA require at least a minimum of two shareholders and their physical presence. Whereas RAK offshore company formation in Dubai requires only one shareholder and they are not required to be present in person for registration.

The process of RAK offshore company formation in Dubai involves a few steps. Our company formation experts in UAE will simplify the steps and offer information on the documents required to setup RAK offshore company in UAE. Following are the basic steps.

  • Pick a company name and get it approved
  • Curate the documents required and submit the documents to the registrar.
  • The incorporation of the company should be filed by the registered agent proposed by the shareholders.
    Pay the fees and incorporation charges.
  • If the registrar is satisfied with the authenticity of documents produced, he will register the documents and issue the incorporation certificate.
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