Ras Al Khaimah company
- Your Company in Ras Al Khaimah in 3-5 days.*
- The most competitive price, in complete transparency.
- Client private data protection via secured systems.
- A dedicated manager available throughout the year.
- Your company and its application for a bank account, including eBanking and credit card.
Ras Al Khaimah (RAK) is one of the seven emirates of the United Arab Emirates and can be found about 100 km north-east from Dubai in the southern part of the Persian Gulf.
Formerly known for the building of ships and commercial activities in the maritime sector, it is now better known for its industrial sector.
RAK is the largest producer of cement in the UAE and the world’s largest producer in ceramics. A lot of interest has gone towards the financial and investment sector in RAK due to new legislation and regulations adopted by the authorities; this in turn has led to interesting business and investment opportunities for individuals and companies worldwide.
An International Business Company in RAK can conduct business internationally, own real estate in the UAE, be used as a trading vehicle, maintain bank accounts and much more. Company registration in RAK takes about 48 hours to be completed.
Ras Al Khaimah company main characteristics:
|Company type||International Business Company (IBC)|
|Governing corporate legislation||RAK International Corporate Centre (RAKICC) is a Corporate Registry operating in Ras Al Khaimah, United Arab Emirates.|
|Information published relating to company officers||There is no public register of company officers. No name should be disclosed upon incorporation.|
|Confidentiality||RAK offers complete anonymity and privacy as well as protection of any other information or assets.|
|Accounting requirement||No accounting / reporting requirements.|
|Corporate taxation||A Ras Al-Khaimah IBC is exempt from any form of taxation and withholding taxes in the United Arab Emirates.|
|Legislation||Modern offshore legislation.|
|Ownership||100% foreign ownership is allowed, no requirement to have a local partner.|
|Communication||Efficient communication means.|
|Time zone||Convenient world time zone: GMT+4|
|Paid up capital requirement||No paid up capital requirement.|
|Basis of legal system||UAE law.|
|Minimum directors/shareholders||Minimum of 1 director/shareholder.|
|Bearer shares||Bearer shares are permitted.|
European corporate identity gives you access to a huge market and to a wide range of suppliers. Enjoy prestige of the EU company and the opportunity to buy and sell within EU with 0% VAT.
Having an offshore company can help you save money. Offshore companies typically pay lower taxes. Paying lower taxes means that you can reinvest the company's earnings.
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