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RAS AL KHAIMAH - UAE
RAS AL KHAIMAH - UAE OFFSHORE COMPANY WITH DUBAI BANK ACCOUNT
Ras Al Khaimah - UAE Companies are suitable for:
- Businessmen
- E-commerce
- Consultants / Counsellors
- International business
- Holding intellectual property rights
- Custody vehicle of movable and immovable property
- Estate planning
- Wealth management
Ras Al Khaimah/UAE Companies quick facts:
| Company type | International Business Company (IBC)/Limited by shares | ||||||||||||||||||
| Governing corporate legislation | The RAK Investment Authority is the governing authority and companies are regulated under the RAK Offshore Regulations 2006. | ||||||||||||||||||
| Information relating to company officers | There is no public register of company officers. No name should be disclosed to register a company. | ||||||||||||||||||
| Confidentiality | The Ras Al Khaimah offers one of the highest levels of anonymity and privacy available today. | ||||||||||||||||||
| Accounting/Reporting requirement | No reporting requirements. / reporting requirements. However there is a requirement to make sure sufficient business records are kept. That means copies of receipts, invoices, bank statements etc. | ||||||||||||||||||
| Taxation | No taxes of any sort | ||||||||||||||||||
| Currency | AED | ||||||||||||||||||
| Timeframe | Ras Al Khaimah has a fast and efficient Registry (name and incorporation/registration usually same or next day) | ||||||||||||||||||
| Stability | Stable jurisdiction with very good reputation | ||||||||||||||||||
| Time Zone | GMT+4 | ||||||||||||||||||
| Secretary required | Yes, but can be same person as the director and shareholder. | ||||||||||||||||||
| Paid up capital requirement | No paid up capital requirement | ||||||||||||||||||
| Basis of legal System | U.A.E. Law | ||||||||||||||||||
| Minimum shareholders / directors | Minimum of 1 Director and 1 Shareholder | ||||||||||||||||||
| Fees |
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| Required documents: | Notarized passport copy, utility bill in original. A bank reference letter or a bank statement for the past 3 months. None of the documentation can be older than 3 months. |
CAUTION: Many others list low fees that do not include what is necessary, our fees are Complete.
Read more about Ras Al Khaimah and UAE companies below:
About the United Arab Emirates
Ras al Khaimah (RAK) Offshore Companies
Since 2011, we register and manage offshore companies in Ras al Khaimah (RAK/UAE). RAK and Ajman (since 2014) are the only emirates in UAE that have implemented a similar offshore structure as is used in other financial centers as BVI, Cayman Islands, Panama, Seychelles etc.
One of the major benefits of incorporating a company in RAK (UAE) is the very strict corporate and bank secrecy laws of UAE.
Key facts about Ras al Khaimah and UAE
- All deposits guaranteed by the state
- No tax haven stigma as UAE is on the white list of OECD
- Absolute privacy, confidentiality and protection of assets and information
- 100% tax exemption
- 100% foreign ownership (no local sponsor is required)
- Limited liability company(option to have Inc. or Ltd.)
- Only one director required
- Only one shareholder required
- Minimum share capital only AED 1,000 (ap. 275 USD)
- Ability to maintain corporate bank accounts in UAE
- Ability to own real estate, patents and trademarks in UAE
- No reporting requirements
- No annual audit report needs to be submitted to the authorities