What are restrictions on activities of a RAK ICC company?

A RAK international company is not permitted to carry on business activities within the zone or UAE. However, an international company can hold shares, assets in both local and international registered companies.

How should I name an international business company in RAK?

The name of a newly incorporated company has to satisfy with following the conditions:Comprise of no more than one hundred permitted characters.The name of a limited company must end with words “Limited”, “Incorporated” or their abbreviations “Ltd”, “Inc”.Not identical to names of existing companies or names appeared in the reserved name list of the Registrar.Must not contain the restricted list of words such as bank, council, credit, fund, forex…In the opinion of the Registrar, the name is offensive or contrary to public policy or public interest.

Are corporate directors/shareholders permitted?

Yes, corporate shareholders/directors of any nationality are allowed.

What are the requirements for annual company maintenance?

Maintaining a RAK ICC company demands:One director/shareholder;Local registered agent and registered address;Filing annual return.

Is bearer share allowed in RAK?

A RAK ICC company can issue shares of any type except bearer shares. Moreover, a foreign company who wish to continue into RAK ICC has to convert previously issued bearer shares to registered shares.

RAK Company Formation with Bank Account Opening

Benefit

Offshore Company Registration in RAK

Highly developed and well-regulated financial sector

Allowed 100% foreign ownership of RAK IC

Have access to over 200 UAE tax treaties

World-class infrastructure & ease of travel

No local tax imposed on RAK international company

Reasonable cost of business maintenance in RAK

No public records of registers of company members

International Business Company (IBC)

Company formation in 1-2 business days

No requirement on minimum paid-up capital

No need to file annual financial accounts

Simple registration with only one director/shareholder required

Company package tailored to your needs

RAK Company Formation Packages

International Company (IC)

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Bring your next business venture online

Streamlined process

Start at your own pace. And reduce waiting time for back-and-forth email communication.

E-signature

Collaborate with your partner more easily. Less paperwork, more efficiency.

Digitized KYC

Standardized form & organizational chart to let you control and declare your information effortlessly.

Centralized management portal

24/7 access to company documents on high-security cloud infrastructure. And no worry about key compliance deadlines with auto reminder.

RAKCompany Incorporation Process

Create your orders

Enter our online order platform for easy onboarding experience and tailor your orders. We have different packages and additional services that suit your goals. All information filled in is secured over 256-bit encrypted line.

Make payment

You can settle payment for services via flexible payment options including debit/credit card of Visa, Master, Amex or Bank Transfer. After you complete payments, we will provide you a checklist of required information for [country] company registration.

Collect and verify KYC documents

Once we've received your payment, our customer service will contact you to process the neccessary paperwork. We'll guide you to properly prepare documents for incorporation via KYC online form. You can also access our digital Client Portal to proceed with the incorporation steps and keep track of the process anytime, anywhere.