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Why to form a Ras Al-Khaimah (RAK) offshore company:

RAK Offshore Company

RAK Offshore Company

Ras Al-Khaimah (RAK) is one of the members of United Arab Emirates. RAK offshore company has a very flexible corporate policy and pays special attention to small and medium-sized businesses, allowing them to conduct their business through the creation of specialized tools and enjoy the benefits of the results, some of which are listed below:

  • Asset protection and planning,
  • Confidentiality of execution,
  • Tax planning,
  • No exchange controls,
  • Access to excellent communications,
  • Developed banking infrastructure.

Download detailed information about RAK:

Who and for what should choose RAK offshore company:

  • Entrepreneur,
  • Consultants,
  • International trade,
  • Commerce on the Internet,
  • Stockbrokers,
  • For inheritance purposes,
  • Intellectual property holding rights.

Click here to discover how to incorporate your RAK offshore company step by step.

Time schedules:

EstablishmentDays
Incorporation of the company14
Delivery of original company documents10 – 15
Offshore bank account opening15 – 20

Advantages of an offshore company in RAK:

  • Corporate tax – 0%,
  • No corporate, personal, sales or withholding taxes applied in the UAE,
  • Absolute confidentiality,
  • 100% foreign ownership,
  • A double tax treaty network,
  • No annual reporting requirements,
  • No Accounting,
  • No restrictions on repatriation of profits and capital,
  • Absence of exchange controls,
  • Flexibility to act as the global holding company for all international activities.

Disadvantages of a RAK offshore company:

  • Ownership can be difficult to prove, because of lack of public registers.

Submit your business project and receive a free consultation.

See also:

– The main characteristics of RAK offshore company,

– Steps how to open bank account for your offshore company,

– Learn about Money Laundering Regulation,

– What are the solutions for International Investment Structures.

 

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