Ras Al Khaimah is a fast developing city and emirate, situated against the backdrop of the Al Hajar Mountain Range, in the north of the UAE. It is one of the greatly developed Emirates of UAE offering very attractive and secure tax and legal environment for international business.
In 2016, Ras Al Khaimah launched an offshore facility, by passing of Ras Al Khaimah International Corporate Centre Business Companies Regulations 2016 – also called RAK ICC.
Affordable Packages, Exceptional Support.
Offshore Packages
Rak Icc
AED 10,515.00
- Certificate of Incorporation
- Memorandum & Articles of Association
- Registered Agent & Office
- Rubber Stamp, Registers, Share Certificate
- Attested Resolution
- Refundable Deposit
Types of Companies that can be incorporated under Ras Al Khaimah International Corporate Centre:
- Company limited by shares
- Company limited by guarantee that is not authorized to issue shares
- Company Limited by guarantee that is authorized to issue shares
- Unlimited company that is not authorized to issue shares
- Unlimited company that is authorized to issue shares
Features of RAKICC International Business Company –Limited by Shares
Must end with “Limited” or Incorporated
- Minimum: 1
- Residency Requirements: None
- Corporate Shareholder: Permitted (notarized copy of corporate documents required to be submitted to RAKICC)
- Required to be filed to the registry
- No public disclosure of information
- Minimum: 1
- Currency: AED, USD, EUR, GBP (other currencies with approval)
- Classes of shares: one or more
- Minimum: 1
- Residency Requirements: None
- Corporate Director: Permitted (but at least one individual director is to be appointed)
- Required to be filed to the registry
- Minimum: 1
- Residency Requirements: None
- Required to be filed to the registry
- No public disclosure of information
Not required under RAKICC regulation, however it is recommended to prepare audit report, as this may be required by the authority during compliance inspection.
Yes, the company is required to maintain accounting information. Accounting records should include detailed transactions and accurate financial statements, underlying documentation such as invoices, contracts and all other relevant documents pertaining to accounts records including business transactions should be maintained for a period of 5 years with their Registered Agents at the Registered Office.
Not required to be filed to the registry
Yes, Company must appoint an approved registered agent.
Registration will take approx. 5 working days.
All the companies which are registered in UAE shall compulsorily register for Corporate Tax. In case of companies, there is no threshold for CT Registration and it is mandatory to register in any case. The company must complete the registration 3 months from date of incorporation.
Every anniversary date of incorporation
Allowed
Allowed
Documents Required
Individual’s KYC Docs:
- Passport – original to be verified personally in our office, otherwise client can provide an original notarized copy of the passport
- UAE Visa Copy, if applicable
- UAE Entry Stamp, if applicable
- N.O.C. from UAE Sponsor, if applicable
- Address Proof (original recent utility bill for residence)
- Bank Reference letter (original)
- CV / Profile
- Dully filled FATCA Form
- Notarized US Declaration (if a US Person)
Corporate Shareholder’s KYC Attested (items 1-6 Notarised):
- Certificate of Incorporation
- Memorandum / Articles of Association
- Board Resolution
- Power of Attorney
- Certificate of Incumbency
- Certificate of Good Standing
- Bank Reference Letter
All shareholders of a RAK ICC International Business Company (or authorized attorney in case shareholder is a corporate entity) are required to sign in our presence before incorporation of the company. Alternatively they can provide a notarized passport copy and notarized Memorandum & Articles of Association certifying their signatures.
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Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
Answers to Your Most Common Questions
Find clear answers to the most common questions about our services so you can make informed decisions with confidence and clarity.
View AllChoosing the right incorporation in the UAE depends entirely on nature of business, target market, ownership preferences, visa requirements and infrastructure requirements. The main options are Mainland, Free Zone and Offshore each with distinct advantages and legal structures.
- Mainland and free zone companies are referred to as onshore companies.
- They are permitted to conduct business throughout the entire UAE including government entities.
- Other characteristics are 100% ownership, physical presence in UAE, low or no corporate tax depending on business sector, etc.
- 100% Foreign Ownership
- Tax benefits or exemptions, depending on the jurisdiction’s laws.
- High level of privacy, with limited public disclosure of owners’ identities in many jurisdictions.
- Asset protection, helping safeguard wealth from lawsuits, political instability, or economic risks.
- Flexible business structures, making it easy to manage and operate internationally.
- Minimal reporting or accounting requirements, depending on the jurisdiction.
- Used for international trade, investment holding, or intellectual property ownership.
- An individual or legal entity that owns shares in a company.
- They invest in the company and, in return, hold ownership rights.
- Shareholders may receive dividends, have voting rights, and benefit from the company’s growth.
- A person or legal entity appointed to manage and oversee the company’s operations.
- Responsible for strategic decisions, compliance, and overall governance.
- Acts on behalf of the company to enter into contracts and make business decisions.
Global Incorporations provides company incorporation service and has been active since long. We offer online company formation across various offshore & onshore jurisdictions across the world including United Arab Emirates (UAE) and have a team of experts in the disciplines of corporate matters, company formation, international taxation, finance, law and international business.
Payment can be done via cheque, bank transfer and credit/debit card
