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Set up offshore company with bank account in UAE/Dubai

We are proud to announce that we have received a license (under the name of LPCS International Ltd.) in Ras al Khaimah/RAK (UAE - United Arab Emirates) to set up offshore companies. The license has been issued by the Ras al Khaimah Investment Authority (part of the Ras al Khaimah Government). With a RAK company you can easily set up an offshore corporate bank account in Dubai. We work with major banks in Dubai such as Barclays and Standard Chartered.

One of the key advantage for UAE is that they haven't signed any TIEA (tax information exchange agreement) and they do not plan to ever do so. In fact they haven't even been approached by the OECD. One probable reason is that the OECD countries do not want to get on the wrong side of the oil rich, powerful emirate Abu Dhabi. Another reason to keep one's assets in UAE is that all deposits are basically guaranteed by the state.

More information will follow..