RAK Offshore International Business Companies (IBC) must use the suffix Limited or Ltd. to denote limited liability.
The usual authorized capital of RAK company is 1,000 AED. But there is no minium paid up for the company
It is possibe. A foreigner can own 100% share of the company
All information, documents are strictly kept confidential. No one can find the company information online.
Furthermore, we have nominee services which can help to keep your name out of all the paperwork.
Rak Offshore IBC doesn’t pay taxes on profit and capital gains, No value-added tax, No withholding tax.
It may have non UAE resident as director or shareholder.
It may have UAE resident as director or shareholder.
It may have corporate shareholder/corporate director
It does not require the shareholder/director to be physically present in the UAE for incorporation
It may hold shares in other UAE and worldwide companies.
It may maintain bank accounts and deposits in the UAE or worldwide.
It may own real estate in the UAE, with prior authorization from RAK Investment Authority.
It is not obliged to maintain its books and records.
It cannot have physical offices in the UAE.
It may not carry on business within the UAE.
It may not obtain UAE Residency Visa.
It may not do banking and insurance business without special license.
What are the main activities that a RAK Offshore company can hold Outside UAE?
Usually It takes 2 working day to set up company in UAE
For opening RAK offshore company, our offshore specialists requires to have:
After the company is formed, we will send you soft documents via email. After that, we will courier the hard document to you:
RAK Offshore International Business Companies (IBC) must use the suffix Limited or Ltd. to denote limited liability.
It is possibe. A foreigner can own 100% share of the company
No annual reports or accounts need to be filed. Accounts must be audited and accounts must be distributed to shareholders (but NOT filed with the authorities)
Ras Al Khaimah (RAK) and Dubai International Business Company (IBC) is an Offshore Company Status.
Preparation
After checking the documents, we will send you a proforma invoice for our service fees.
Making Payment for your Order
RAK offshore company formation
Confidently starting your business
The renewal date of RAK IBC is the anniversary date
As the requirement from the Registry, We will prepare the following forms and let you to sign it:
We, the registered agent, can help you to issue those additional documents
We, the registered agent, can help you to issue those additional documents
Ras Al Khaimah (RAK) is one of the most developed economies in the UAE. It attracts foreign investors through government policies, high-quality infrastructure, friendly trade relations with nearby countries.
For more information about opening RAK IBC company in UAE, the clients can contact us to have the maximum support and advises
Multistream International and their offshore specialists can support customers with the offshore company formation process as well as the requirements of jurisdictions that the clients are interested in.
Dubai is one of the friendly jurisdictions for foreign investors and business owners to set up a business. Opening a Corporate Bank Account in Dubai is an easy and simple process if you know the right required documents. Multistream International and their offshore specialists can support you open a bank account in Dubai and make the process simpler for the applicants.
During the time of the process, bankers may ask further questions or require more documents to open a bank account.
Registering the Freezone company in Dubai (UAE) is the first step to start a business and take many advantages from the government of the UAE. The main benefits of Free zone company in Dubai, UAE including:
Multistream International and their offshore specialists can guide and support you to register your Freezone company in many special areas to get advantages that apply only for foreign business in UAE such as RAK Free Zone, Dubai Free Zone (DMCC), Ajman Free Zone.
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