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Incorporate In Ras Al Khaimah (RAK) (UAE)

7.900,00 $

Set up a Ras Al Khaimah (UAE) International Company

RAK IC is the most popular offshore company in UAE.

International companies are entitled to do business internationally and may not carry out trade or business within the UAE, or any free zone. Although they are allowed to have relationships with residents providing certain professional services such as legal or consulting, and they have access to the banking system and can open corporate bank accounts in the UAE.

RAK ICs are fully exempt from all taxes and only subject to a license fee, which must be renewed annually.

As they are considered non-residents for tax purposes, they cannot benefit from UAE tax treaties. However, they are usually authorized to own shares of FZ or local companies, or even establish a branch onshore.

One of the strengths of incorporating an offshore company in UAE is that, despite being a tax-free jurisdiction, it has prestigious internationally and good press, especially Dubai.

An international company in the UAE is a powerful instrument for international trade, asset protection, and wealth management.

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Description

Note that our incorporation and annual fees are all “all-included fees”, and cover all the required services, duties, disbursements, and procedures to incorporate a RAK International Company, and keep it in good standing.

Terms:

  • All Applicable Registration and Government Fees (RAKIC Authority)
  • Preparing and filing the Memorandum & Articles of Association
  • Preparing the Director’s acceptance letter
  • Preparing and executing appointment of director by the Registered Agent
  • Providing Certificate of Incorporation and Filed Memorandum & Articles of Association
  • Preparing First Board Meeting Minutes resolving the Allotment of Shares, Appointment of Directors, Registered Office and other Corporate Matters
  • preparing the Register of Directors and Register of Shareholders
  • Preparing Share Certificates
  • Providing Registered Office Service, including business address, for the calendar year
  • Providing Registered Agent Service for the calendar year

Time to form the company

It generally takes us one day to prepare the M&AA and the related corporate documentation, which need to be signed by the directors/shareholders of the company. Upon receiving the signed documents, we can proceed with the filing, and it takes 1 to 2 business days for the Registrar to issue the Certificate of Incorporation, and the stamped M&AA.

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