Ras Al Khaimah Corporate Centre (RAKICC)

RAK International Corporate Centre (RAKICC) is an international business company operating in Ras Al Khaimah, 45 minutes away from Dubai. RAKICC is a merged registrar of two companies in Ras Al Khaimah; namely RAK IBC and RAK Offshore . RAK ICC is now the sole entity in Ras Al Khaimah for the incorporation and formation of International Business Companies (Offshore companies).

Companies registered in RAK International Corporate Centre can exert any type of activity outside of the UAE but cannot obtain visas.

Corporate Features

Company Type

Offshore Company

Licensing Authority

RAK International Corporate Centre (RAKICC)

Legislation

RAK International Corporate Centre (RAKICC)

Confidentiality

Complete Confidentiality

Accounts and Audits

Accounts may be required

Minimum Share Capital

Not Required

Taxation

No taxes

Currency

UAE Dirham

Time to Form

5 working days

Issuance of Visa

Visa not issued

Foreign Ownership

100%

Capital Repatriation

100%

Minimum Number of Directors

Minimum of One Director

Bank Account

The Company can hold a bank account in the UAE