Ras Al Khaimah Offshore
RAK Offshore Company Setup: Unleash Your Potential With Boundless Opportunities
Setup A Company In RAK Offshore
What Are The Benefits of Operating An Offshore Company In Ras Al Khaimah?
There are several advantages to running an offshore corporation in Ras Al Khaimah (RAK), which attracts enterprises. The following are some major benefits of setting up and running an offshore business in RAK:
- 0% Tax and 0% VAT
- Highest privacy and confidentiality
- First-class bank account, including e-banking and credit card
- Full nominee service to protect your privacy
- Flexibility in ownership
Documents Required For Offshore Company Formation In RAK Free Zone
Entrepreneurs must prepare and submit specific documentation and papers to start the offshore company establishment procedure in the RAK free zone. The following important papers are needed for an offshore company formation in Ras Al Khaimah:
- Application form
- Know Your Customer Documents
- Resolution of the board of directors
- Proof of payment
- Additional supporting documents
Business Activities Permitted For RAK Offshore Companies
Ras Al Khaimah provides a diverse range of economic activities in a variety of areas, allowing entrepreneurs to follow their individual interests and industry knowledge. RAK promotes economic growth and innovation by supporting varied sectors. The following are some of the approved business activities in RAK:
- Offshore banking
- Holding and managing investments
- International trading
- E-commerce
- International consulting services
- Holding and owning real estate
What Are Some High Risk Activities For A RAK Offshore Company?
RAK offshore corporations are eligible to carry out almost any business activities but some activities are listed as “high risk” ones. They are:
- Trading of petroleum and crude oil
- Trading of gold and diamonds
- Gambling
- Cryptocurrencies
- Charities or non profit organizations
- Lending services
- Trusts
- High value/luxury goods trading
- Mining
- Defense industry activities
Setup A Company In RAK Offshore
What Are The Benefits of Operating An Offshore Company In Ras Al Khaimah?
There are several advantages to running an offshore corporation in Ras Al Khaimah (RAK), which attracts enterprises. The following are some major benefits of setting up and running an offshore business in RAK:
- 0% Tax and 0% VAT
- Highest privacy and confidentiality
- First-class bank account, including e-banking and credit card
- Full nominee service to protect your privacy
- Flexibility in ownership
Documents Required For Offshore Company Formation In RAK Free Zone
Entrepreneurs must prepare and submit specific documentation and papers to start the offshore company establishment procedure in the RAK free zone. The following important papers are needed for an offshore company formation in Ras Al Khaimah:
- Application form
- Know Your Customer Documents
- Resolution of the board of directors
- Proof of payment
- Additional supporting documents
Business Activities Permitted For RAK Offshore Companies
Ras Al Khaimah provides a diverse range of economic activities in a variety of areas, allowing entrepreneurs to follow their individual interests and industry knowledge. RAK promotes economic growth and innovation by supporting varied sectors. The following are some of the approved business activities in RAK:
- Offshore banking
- Holding and managing investments
- International trading
- E-commerce
- International consulting services
- Holding and owning real estate
What Are Some High Risk Activities For A RAK Offshore Company?
RAK offshore corporations are eligible to carry out almost any business activities but some activities are listed as “high risk” ones. They are:
- Trading of petroleum and crude oil
- Trading of gold and diamonds
- Gambling
- Cryptocurrencies
- Charities or non profit organizations
- Lending services
- Trusts
- High value/luxury goods trading
- Mining
- Defense industry activities
Key Highlights
Scale up your success
100% foreign
ownership
Allowing foreigners to establish companies with 100 percent full ownership.
tax
Exemptions
This economic zone has a tax rate of either 0% or 9% based on the nature of the income.
0% import
tariffs
Offshore companies in the free zone of RAK can avoid paying import duties.
Freedom of
repatriation
RAK Offshore company setup offers the freedom to repatriate profits and capitals.
One-stop
shop
Invest in a RAK offshore company today and provide everything under one roof.
Cost
effective
Setting up an offshore company in the RAK will allow you to operate your business as economically as possible.
Strategic
location
RAK is a strategic business location and has a pro-business regulatory environment.
R&D
hub
RAK promotes research and development and supports enterprise activities.
Touch New Heights
Of Efficiency
Entrepreneur Testimonials
For us, providing business setup for companies in the UAE is more than just a job. Customer satisfaction has always been our primary focus and your positive feedback magnifies our output. Read what some of our entrepreneurs are saying about us.
FAQs
Once you submit all the relevant documentations and obtain the approvals, it will take 5-10 working days for the incorporation of your company.
Yes, it is important to have your passport and utility bills to be certified. A lot of people have authority to certify these documents, including accountants, lawyers and notaries.
RAK offshore company setup varies according to numerous factors, including, location, type of busIness activities and managerial activities. But the average cost of an offshore business setup is 3,000 USD.
Upon confirmation of registration you will receive the following:
- Certificate of incorporation
- Memorandum and Articles of Association
- Shareholder register
- Register of members
Registration can be done without physical presence in UAE, but you will have to provide the following documents:
- Notarized passport copy
- Notarized specimen signature
Start your business
with GOLD LEVEL
today.
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