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