Ras al Khaimah (RAK) is an emirate in the north of the United Arab Emirates that is well-known for having a business-friendly investment climate and low expenses. The minimum requirements for a RAK offshore corporation are just one shareholder and one director. A RAK Offshore (RAK ICC) does not require a minimum amount of share capital to be paid.
The foundation of an offshore business in RAK comes with a number of advantages as well. An exemption is provided for this particular scenario even though, in general, offshore corporations are not permitted to engage in commercial activity with UAE residents. It is possible for a RAK offshore firm to hold shares of both free zone and onshore businesses in the country.
RAK International Corporate Centre, most commonly abbreviated as RAK ICC, is another name for the RAK offshore authority. It is a Corporate Registration that is active in the city of Ras Al Khaimah, which is located in the United Arab Emirates. The Ras Al Khaimah Free Trade Zone Authority International Businesses Rules 2006 apply to this organisation and their business practises.
We will be your partner for registering a company in RAK ICC. Our offerings include the formation of companies both within the mainland and within the free zones of Dubai, as well as the provision of registered agents, registered addresses, and the opening of business bank accounts.