RAK Offshore Company Formation
The cost Of RAK Offshore Company Formation:
- Ras Al Khimah Offshore BC
Basic Package 2990 USD
RAK Offshore Company Formation
Emirates RAK offshore company formation – stable jurisdiction and strengthening reputation.
Popular companies types:
- International Company (IC) – RAK offshore company formation
- RAK free zone company – RAK FZE
Time of RAK company formation 1 DAY. Personal presence is not required.
Ras Al Khaimah is one of the most attractive offshore places in the UAE
RAK Company Formation. Offshore Company RAK Emirates
Main Characteristics and the basic rules of Company registration in RAK Emirates
| RAK offshore Company Formation | Financial Advantages |
|---|---|
| Taxation: | No taxes |
| Double Taxation Treaty Access: | Yes Treaty Access with many countries |
| Bahamas Tax Information Exchange Agreements | Yes, Emirates signs Exchange Agreements with 3 countries (Agreements in Pending) |
| Account Filing Requirements: | No accounting or reporting requirements |
| Annual Return Filing Requirements: | No annual return/ reporting requirements |
| Audit Requirements: | No audit required. |
| RAK Offshore Company Formation | Registration Requirements |
|---|---|
| Share Capital: | AED10,000 Minimum paid up share capital: AED10,000 |
| Classes of Share Available for RAK Offshore company formation: | Shares with or without voting rights, deferred shares, preference shares, ordinary shares |
| Minimum paid up share capital: | No Requirements |
| Bearer Shares: | Not Allowed |
| Registered Office Required: | Yes, required and must be maintained in Ras Al Khimah Offshore |
| Registered agent: | A RAK Offshore Company is required to have a registered office in the UAE. |
| Shareholders: | Minimum number is one |
| Directors: | Minimum number is one. There is no restriction on the nationality or residency of the directors of a RAK Offshore Company. Local directors is not required. Corporate directors are allowed |
| Your Company language: | English |
| Name of your Company must be ended: | Ltd, Limited |
| Documents required for RAK Offshore company formation: | A certified copy of your passport or ID and proof of your residential address dated less than 3 months, Bank Reference letter. |
| RAK Offshore Company Formation | Registration Restrictions |
|---|---|
| For RAK company formation you cannot use words in your company names without justification: | “Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc. |
| Restrictions on Trading: | None |
| Not permitted without a licence: | Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision. |
| RAK Offshore Company Formation | Confidentiality and Security |
|---|---|
| Publicly Accessible Records: | No public register of company officers (Directors, Shareholders, Secretary) |
| Nominee Shareholders and Nominee Directors: | Yes, Allowed |
| Disclosure of Beneficial Ownership to Authorities: | No |
| Meetings of Directors and Shareholders to be held: | Anywhere |
| Stability: | Extremely steady jurisdiction and highly regarded. |
ccordion Content
- Capital: Abu Dhabi
- Political System: Democracy
- Government: Monarchy
- Governing corporate legislation: Offshore Regulations 2006
- Type of Law: Civil
- Currency: Dirham (AED)
- Exchange Control: None
- Language of Legislation and Corporate Documents: English/Arabic
- Time zone: GMT+4
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This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.
BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.
