RAK ICC Offshore Company Formation  

1. Introduction to RAK ICC Offshore Company Formation 

RAK International Corporate Centre (RAK ICC) is one of the leading offshore jurisdictions in the UAE, offering a business-friendly environment for international investors. With its strategic location, tax advantages, and flexible company regulations, RAK ICC provides an ideal platform for global business expansion. 

If you are looking for a tax-efficient corporate structure with complete ownership, confidentiality, and international credibility, setting up an offshore company in RAK ICC is the right choice. 

2. Advantages of RAK ICC Offshore Company 

Establishing an offshore company in RAK ICC comes with multiple benefits, including: 

  • 100% Foreign Ownership – No need for a local sponsor. 
  • Tax Benefits – No corporate, income, or withholding tax. 
  • Asset Protection – Safeguard your wealth and investments. 
  • Privacy & Confidentiality – No public disclosure of shareholders and directors. 
  • No Office Requirement – No physical office or local operations needed. 
  • Global Business Operations – Ideal for international trading, consulting, and holding structures. 

3. Legal Structure & Business Activities 

RAK ICC allows offshore companies to engage in various activities, including: 

  • International trading 
  • Consulting and advisory services 
  • Holding assets such as real estate, intellectual property, and investments 
    Wealth and estate planning 
  • Acting as a holding company for other businesses 

4. Requirements for RAK ICC Offshore Company Formation 

To successfully register a company in RAK ICC, you need to fulfill the following requirements: 

  • Minimum Shareholder: At least one shareholder (individual or corporate). 
  • Director(s): Minimum of one director (can be the same as the shareholder). 
  • Registered Agent: A licensed UAE-based agent is required. 
  • Physical Office: Not mandatory; a registered address is sufficient. 
  • Required Documents:  
  • Passport copies of shareholders and directors 
  • Proof of address (utility bill or bank statement) 
  • Business plan outlining company activities 
  • Memorandum and Articles of Association 

5. Step-by-Step Process for RAK ICC Offshore Company Registration 

  1. Choose Your Company Name – Ensure it complies with RAK ICC naming guidelines. 
  1. Prepare Required Documents – Submit shareholder and director documents. 
  1. Submit Application – The registered agent files the application with RAK ICC authorities. 
  1. Company Registration Approval – Once approved, receive your incorporation certificate. 
  1. Corporate Bank Account Opening – Assistance with UAE and international banking. 

6. Cost & Timeline for Company Formation 

  • Company Registration Fees: Varies based on structure and additional services. 
  • Annual Renewal Fees: Applicable for company maintenance. 
  • Timeframe: Registration is typically completed within 3 to 7 working days. 

7. Bank Account Opening for RAK ICC Offshore Company 

Opening a bank account for your RAK ICC offshore company is a crucial step. We assist in: 

  • Choosing the right bank based on business needs. 
  • Preparing documentation for seamless approval. 
  • Ensuring compliance with banking regulations. 

8. Compliance & Annual Maintenance 

To maintain your offshore company’s legal status, you must: 

  • Renew the company registration annually. 
  • Maintain financial records and comply with regulations. 
  • Ensure any changes in ownership or management are updated with authorities. 

9. Why Choose Us for RAK ICC Offshore Company Formation? 

We offer a hassle-free and efficient process for company incorporation, including: 

  • End-to-end support – From documentation to registration. 
  • Banking assistance – Helping you open offshore bank accounts. 
  • Expert consultation – Ensuring compliance with UAE regulations. 

10. Get Started Today! 

Contact Us now to set up your RAK ICC offshore company with ease! 
Get a free consultation and let our experts handle your business setup.