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Offshore Company formation in RAK

Offshore Company formation in RAK provides full foreign ownership. Offshore company in RAK is a white listed Offshore jurisdiction which is compliant with international regulations. The RAK Offshore Company is registered by the Ras Al Khaimah Authority.

Advantages of RAK Offshore Company Formation

There are a number of reasons for the entrepreneurs to choose the RAK Offshore Company formation.

  • RAK offers the best access to the international market
  • This Off shore has business-friendly and stable legal system
  • Global funding availability
  • Protection tools for assets such as intellectual property
  • RAK permits retention of capital, profits and international earnings
  • Total tax exemption
  • Flexible rules and regulations.
  • Incorporation of a RAK offshore company requires just 1 director, shareholder and secretary.
  • Privacy and confidentiality is guaranteed for a RAK offshore company

Documents required for RAK Company Formation

The below is the details of documents needed for RAK Company formation. For a company with single shareholder, the documents required are the passport copies (notarized), bank reference letter addressed to RAK Offshore Authority (original), Residency proof, like any utility bill/municipality certificate (original), Curriculum Vitae (CV) of the shareholder of the offshore company, Bank statement of last 6 months of the company. For a company with more than one shareholder, the documents required are business license or incorporation certificate (attested), Memorandum of Association (attested), Shareholder’s resolution (attested), Passport copies of all the directors and the shareholders, Certificate of Good Standing, also known as Certificate of Existence of the company and Incumbency certificate of the company. Any additional documents required may be requested during the registration process by the authorities.

To set up a business in RAK offshore, Emirates First can help you in submitting the documents to the registrar in RAK ICC authority, get approval for the business name and activities involved from RAK offshore authority and work towards the completion of registration process. With the assistance of Emirates First in UAE, you are sure to set up a business in RAK Offshore easily and quickly.

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If you are looking for dedicated and professional assistance in setting up a business in UAE, get in touch with us. Our expert consultants can get your business registered and help you further for a smooth operation.

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