RAK Offshore

Rak Offshore: We are registered agents for RAK offshore companies. So we register offshore companies in the offshore jurisdiction of Ras Al Khaimah, UAE, open bank accounts for them in Dubai, and provide nominee and virtual office services for offshore clients.

We are based in Dubai and are registered agents for Ras Al Khaimah, while we incorporate via partners in the other tax havens.

Offshore incorporation in Ras Al Khaimah is the quickest if your clients need the company for Middle East investments.

Whether to own property, or companies, or even yachts.

RAK offshore incorporation is the easiest to do in the Middle East.

One of the very important features of RAK offshore is that its company documents do not need any attestations for use in the GCC countries!

RAK offshore company formation including Registration, Registered office, Memorandum and Articles of Association, Certificate of Incorporation, Share Certificates and Bank account in Dubai branch is AED 12,900 [US$ 3500] for the first year and then US$ 2000 annually.

Documents required are passport copy (authenticated), bank statement/utility bills and original bank reference.

Once your Know Your Client (KYC) documents are in, the company incorporation takes 2 working days. The bank account opening takes 14 – 21 days after that since we need to send you the application form only after the company is incorporated.

If you are in Dubai, the bank account opening could be completed within 4 working days after the company incorporation.

Ras Al Khaimah [RAK], the only offshore jurisdiction in the Middle East, offers a safe haven for the registration of offshore companies.

Here are some key features:

* The minimum capital of the company can be as low as US$ 1

* The minimum number of shareholders and directors is one

* No bearer shares or differential classes of shares are allowed. However, there is no requirement to deposit the capital in bank

* 100% foreign ownership permitted and 100% tax and duty exemption

* Opening a corporate bank account in a bank at Dubai, UAE, is permitted

* Company registration can be done only via a registered agent

* The investors need not visit the authority to incorporate the company, however the documents need to be signed in the registered agent’s office

* Audited accounts will be requested only in the case of suspicious activities

* No company document attestation required within the GCC

* RAK is not a signatory to any information exchange

The RAK offshore company is the least expensive and the best option if you wish to use the company in the Middle East, since its documents will not require attestation

RAK offshore companies offer many benefits to your different types of clients. Here are some of them:

* Online Stock traders: The owner is the offshore company not the individual, so profits can be kept offshore

* Importers & Exporters: Can use these companies for invoicing or purchasing

* Consultants: Can sign contracts via the offshore company and can become its employee

* Expatriates: Can save their earnings via offshore, and build capital to invest in homes, businesses or the financial markets via the RAK offshore companies

* Insurance beneficiaries: RAK offshore companies can be the beneficiaries of the policy. Individuals become company shareholders.

* Internet marketers: Receive web payments into offshore bank account of the RAK offshore company

*Business owners: Own their businesses via RAK offshore companies to ensure succession and tax planning.

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