What type of company in RAK?

The type of the company in RAK is International Business Company (IBC) IBC refers to International Business Company It is a company which does not conduct substantial business in its country of incorporation. It is formulated in a tax free jurisdiction. It legally minimizes any type of tax burdens. It improves one's wealth managementRead more: RAK offshore company cost Advantages of an offshore company in RAK

Is there any requirement/regulations governing availability of names for the RAK Offshore companies?

RAK Offshore International Business Companies (IBC) must use the suffix Limited or Ltd. to denote limited liability.

What is the minimum paid up for the capital of company in RAK

The usual authorized capital of RAK company is 1,000 AED. But there is no minium paid up for the company

Is it possible to hold 100% share by a foreigner?

It is possibe. A foreigner can own 100% share of the company

How do I remain anonymous with RAK company?

All information, documents are strictly kept confidential. No one can find the company information online.Furthermore, we have nominee services which can help to keep your name out of all the paperwork.Read more: UAE nominee services Difference between offshore and onshore company in UAE

What are the main activities that a RAK Offshore company can hold inside and outside UAE?

Inside UAE

Holding Assets
Holding Bank Account
Property Owning (Freehold Areas)

Outside UAE

What are the main activities that a RAK Offshore company can hold Outside UAE?

General Trading
Consulting and Advisory Services
Holding Company
Property Owning
International business services
Professional Services
Shipping and ship management companies

Set up company in UAE
Opening an offshore account in the UAE

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Related FAQs

1. What type of company in RAK?
2. Is there any requirement/regulations governing availability of names for the RAK Offshore companies?
3. What is the minimum paid up for the capital of company in RAK
4. Is it possible to hold 100% share by a foreigner?
5. How do I remain anonymous with RAK company?
6. How much corporation tax do I have to pay?
7. What a RAK Offshore company may and may not do?
8. How long it takes to set up a RAK Offshore company?
9. Open RAK offshore company - What are the required documents?
10. After finish registration, what will I get?
11. May I name my company as Corporation or Corp or Inc?
12. Are bearer shares allowed?
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16. If I want to increase the share capital later, how can I do that?
17. After set up a new company, I want to have some additional documents such as Certificate of Incumbency, Certificate of Good Standing. What should I do?
18. How to register a company in UAE?
19. What are the advantages of an offshore company in RAK?
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21. Dubai offshore company advantages - Benefits of free zone company
22. What is the main difference between Offshore & Onshore companies in Dubai, UAE?

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What are the main activities that a RAK Offshore company can hold inside and outside UAE?

Inside UAE

Outside UAE

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