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RAK Offshore Company Formation
RAK (Ras Al Khaimah) has quickly become one of the top destinations in the UAE for offshore company formation. With its business-friendly environment, complete foreign ownership, and attractive tax structure, RAK ICC (International Corporate Centre) offers global entrepreneurs and investors a secure and affordable gateway to international markets.
Whether you’re aiming to protect your assets, conduct international trade, or manage investments globally, setting up an offshore company in the Rakez Free Zone is a smart choice.
Ras Al Khaimah Offshore Business Setup
Join over 10,000 satisfied clients who have successfully established offshore companies with us.
The Gold package includes all Silver features, assistance with bank account opening, share certificates, and dedicated secretarial services.
The package includes all Gold items, a company stamp, letterhead, and priority service from a designated premier agent.
Includes everything in Platinum plus fast-tracked filing, 360° banking assistance, VAT Registration, Corporate Tax Filing, and exclusive multiple currency accounts with international debit and credit cards.
What Can You Do with a RAK Offshore Company?
- International Trading
- Holding Shares in UAE or Foreign Companies
- Managing Investments and Portfolios
- Owning Property Abroad
- Protecting Intellectual Property
- Consulting and Professional Services
Why Choose RAK for Offshore Company Formation?
100% Foreign Ownership: 100% Foreign Ownership RAK ICC allows you to fully own your business without the need for a local sponsor or partner, giving you complete control over business decisions and operations.
Tax Benefits: Tax-Free Benefits Offshore companies in RAK benefit from zero corporate tax, no income tax, and no capital gains tax. This tax-exempt status enables investors to maximize profits.
Privacy and Confidentiality: Confidentiality and Asset Protection RAK offers a high degree of privacy. Shareholder and director information is kept confidential, providing strong protection for personal and financial assets.
Flexible Business Structure: RAK allows a variety of business structures, including Limited Liability Companies (LLCs). This flexibility enables entrepreneurs to choose the structure that best fits their business goals and needs.
Ease of Setup: Fast and Affordable Setup The process of establishing an offshore company in RAK is simple, quick, and cost-effective. Most companies can be formed within a few working days with minimal documentation.
Access to International Banking Access: Global Banking Access After company registration, RAK ICC allows access to international banking services, including multicurrency accounts, debit/credit cards, and seamless global transactions.
Supportive Regulatory Environment: Strategic Location Ras Al Khaimah is situated near major international ports and airports, providing excellent connectivity to global markets, including the Middle East, Africa, Europe, and Asia.
RAK Offshore Company Setup Process 2025
Choose Your Business Activity: Choose Your Business Activity Identify the purpose and legal activities your offshore company will undertake. This helps determine documentation and licensing.
Select a Company Name: Select a Company Name Choose a unique business name that complies with RAK ICC guidelines. We’ll assist in verifying and registering it.
Prepare Required Documents: Collect all necessary documentation, including copies of passports, proof of address, and other relevant paperwork. These documents are crucial for the registration process.
Register Your Company: Company Registration with RAK ICC We’ll handle the application process, documentation, and government liaison to ensure smooth registration.
Open a Corporate Bank Account: Once registered, we’ll assist you in opening a local or international Open a Corporate Bank Account with multicurrency support.
Obtain Necessary Licenses: Obtain Certificate of Incorporation. You’ll receive your official documents, including the Certificate of Incorporation, MOA, and Share Certificates.
Form a RAK Offshore Company – Fast, Easy & Affordable Setup
RAK ICC offers ease of business, jurisdictional stability, a vast network of double taxation treaties, and an extensive banking infrastructure, making it a top choice for global offshore company formation. Navigating the landscape of offshore company formation can be complex and time-consuming. Partnering with a knowledgeable consultant like Silver Oak Biz can simplify the process. Here’s how we can help:
RAK Offshore vs. Free Zone Companies – What’s Best for You?
RAK Offshore vs. Free Zone Companies – What’s Best for You? Forming an offshore company in RAK presents an exceptional opportunity to grow your business globally while enjoying significant financial advantages. With its favourable business climate and streamlined processes, Ras Al Khaimah is an ideal choice for entrepreneurs seeking to establish a presence in the UAE.
Contact Silver Oak Biz today to learn more about how we can assist you in establishing a successful offshore company in RAK. Together, we can unlock new opportunities for your business! Two more free zone packages are also available, and they are affordable: the Ajman free zone and the Meydan free zone.
Why Choose Silver Oak Biz?
At Silver Oak Biz, we simplify the offshore company formation process. Our experienced consultants guide you from start to finish with:
- Transparent Pricing (No hidden fees)
- Fast Processing Time (3-5 business days)
- Personalized Support (Tailored to your business)
- Assistance with Ajman Media City Free Zone Setup, Meydan Free Zone, IFZA, and Dubai Mainland Company Formation
Frequently Asked Questions (FAQs)
What is an offshore company in RAK Free Zone?
An offshore company in RAK Free Zone is a business entity that is registered in Ras Al Khaimah but operates primarily outside of the UAE. It allows individuals and businesses to benefit from tax exemptions, asset protection, and privacy, making it an ideal option for international trade and investment.
What are the benefits of establishing an offshore company in RAK Free Zone?
Some key benefits include:
- 100% foreign ownership and complete repatriation of profits and capital.
- No corporate tax, personal income tax, or capital gains tax.
- High levels of confidentiality and privacy for shareholders and directors.
- Access to a stable political environment and a growing economy in the UAE.
- Flexible company structure with no minimum capital requirement.
What are the requirements to set up an offshore company in RAK Free Zone?
The typical requirements include:
- A completed application form.
- Passports and proof of address for all shareholders and directors.
- A business plan outlining the intended activities of the company.
- Proposed company name (subject to approval).
- Payment of the registration fees.
Additional documents may be required depending on the business type and activities.
Can offshore companies in RAK Free Zone conduct business within the UAE?
Offshore companies in the RAK Free Zone are generally prohibited from conducting business in the UAE market. They are mainly designed for international trading, holding assets, and managing investments outside the UAE. To do business within the UAE, a local company or a free zone company must be formed.
What is the process and timeline for setting up an offshore company in RAK Free Zone?
The process involves:
- Choose a unique company name and submit the application.
- Providing the necessary documents for verification.
- Receiving the certificate of incorporation and registering for a bank account.
The entire process can take anywhere from a few days to several weeks, depending on the completeness of the application and documentation provided. Engaging with a professional service provider can help streamline the process.
