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

How to register a company in UAE?

There are three types of business entities in the UAE: Offshore Company Formation – RAK IBC, FreeZone Company Formation – FZE / FZC / FZ LLC, and Local Company Formation – LLC.

Firstly, the owners must pick a unique name that is approved by the UAE government. Typically, the owner will submit three different business names that are approved one out of the name.

Secondly, the UAE company must have a local registered agent and local office address.

A registered company in UAE also requires at least one shareholder, one director, and one secretary. UAE businesses are able to use nominee services of One IBC that help all your information be kept private from the public records.

One IBC can help the clients in opening the offshore IBC in UAE. With over 10 years of experience in support and advising the clients in setting up the company around the world, we believe that can make satisfaction for every customer who cooperates with us.

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