OFFSHORE COMPANY FORMATION IN RAS AL KHAIMAH

RAS AL KHAIMAH (RAK) OFFSHORE COMPANY

Simplify your offshore company setup in Ras Al Khaimah – it’s hassle-free, tax-free, and secure.

The RAK Investment Authority launched the offshore company concept in 2007 and allowed offshore company registration in Ras al Khaimah. The RAK Offshore Registry in the Ras Al-Khaimah free zone gives more flexibility than other offshore company jurisdictions in the UAE. It allows international companies to own free-hold properties anywhere in the UAE and there are no restrictions on the different types of offshore businesses that can be set up here. Companies flock to set up an offshore company in Ras al Khaimah because it is more economical than setting up a JAFZA offshore company. RAK offshore companies do not have offices in UAE, they are only registered here. The RAK offshore company regulator issues an operating license to these companies. As these companies do not get a business license, they cannot conduct any business in UAE. No taxes and full access to company profits, in addition to complete privacy, makes company formation in Ras al Khaimah free zones an attractive option. You need to have an agent registered with the RAK free zone authorities for any work related to RAK offshore company formation. The agent’s office becomes the registered office space of the RAK offshore company.

Sultan Al Ali Business Setup is a registered agent operating in RAK freezone. We are the best and most reliable business setup service providers for RAK offshore company formation. We take care of your RAK offshore company registration. Our PRO services save you time, money and effort. We have registered more than 20,000 companies in UAE over the past 15 years. With our help, you can set up an offshore company in Ras al Khaimah within two days, sitting anywhere in the world. You no longer have to worry about opening bank accounts or conducting feasibility studies for your RAK offshore company, our packages involve all these services. You are assured of the most reliable and low-cost business setup services for you RAK offshore company by partnering with Sultan Al Ali Group Business Setup.

FIVE BENEFITS OF OFFSHORE COMPANY FORMATION IN RAK

.No taxes, keep all your profits
Offshore companies can own property anywhere in the UAE
Access to a bank account in Ras Al Khaimah
Invest in UAE freezone companies and LLCs
Benefit from double-tax treaties

WHY START A OFFSHORE COMPANY IN RAS AL KHAIMAH WITH SULTAN AL ALI GROUP?

If you’re not well-versed in UAE offshore company formation laws and the required documentation, establishing an offshore company in Ras Al Khaimah can be challenging. Our Ras Al Khaimah freezone business setup package ensures your offshore company is registered within two days. We serve as your agent, handling government agencies and paperwork, sparing you from the need to leave your home for setting up an offshore company in the RAK free zone. Sultan Al Ali Business Setup packages also provide support for your company’s banking, insurance, accounting, and legal needs. We prioritize complete privacy and confidentiality as our hallmark

Frequently Asked Questions

How do I form an offshore company in Ras Al Khaimah (RAK)?

Interested in starting a business in RAK offshore? Here’s how you can get your RAK offshore business up and running:

Get in touch with the official registered agents of the RAK International Corporate Centre (RAKICC) – the Corporate Registry.
Provide the registered agents with the necessary documents for the company’s incorporation with the Companies Registrar.
You may not need to visit the country in person. You will be required to sign the necessary documents and verification letters during the process.
The documents needed for registering a Ras Al Khaimah offshore company include:
- Colored passport copies of directors and shareholders.
- Address proof of shareholders and directors (recent utility bills).
- Bank reference letter.
- Description of the shareholder (profession, educational background, etc.).
Reach out to Sultan Al Ali Group Business Setup – a registered agent for offshore company formation in the UAE. At Sultan Al Ali Group, we can swiftly register your offshore company! As your registered agent, we serve as the liaison between your company and the RAK Investment Authority or any other relevant governing body. Our offshore packages provide you with complete foreign ownership.

Ras Al Khaimah (RAK) offshore company formation offers the benefit of zero corporate or personal tax, complete banking privacy, no minimum share capital requirements, and business-friendly regulations, among other advantages

What are the benefits of RAK offshore company?

Let’s outline the primary advantages of forming an offshore company in RAK:

Investment Flexibility: Setting up an offshore company in RAK offers a level of freedom and flexibility not found in many other UAE jurisdictions. RAK Offshore operates as an independent international zone, governed by its unique regulations and overseen by the RAK Investment Authority (RAKIA).

Business Confidentiality: RAK offshore businesses enjoy complete confidentiality and anonymity for their owners. This aspect is a significant attraction for individuals seeking to establish offshore companies in RAK, making it a preferred destination for investors, entrepreneurs, and business professionals from around the world.

Tax Benefits and Double Taxation Avoidance Agreements: While the UAE may consider introducing certain taxes, RAK offshore remains a 100% tax-free region. This tax-free environment ensures transparency in business operations, allowing entrepreneurs to maximize their returns. Additionally, a Double Taxation Avoidance Agreement has been established between countries to benefit foreign investors, enabling international businesspeople to avoid double taxation as they operate across borders.

Asset Protection: RAK offshore companies offer robust asset protection, surpassing domestic business structures. RAK’s offshore asset protection allows foreign trustees to create a legal barrier between creditors and the assets held within the offshore company.

Legal Safeguards: The RAK offshore company formation process includes safeguards against legal challenges, ensuring the protection of your assets in the event of legal disputes. The RAK Investment Authority (RAKIA) oversees the ethical incorporation of your company, conducting a comprehensive review before your business operations commence in RAK.