RAK International Corporate Centre (RAKICC)
The RAKICC, which is a government owned corporate registration centre established in the Emirate of Ras Al Khaimah. RAK ICC is one of the most respected offshore company set-up registries and is ranked amongst the top jurisdictions in the world along with BVI, Jersey and Cayman Islands. RAK ICC provides efficient legislation for the creation and maintenance of offshore and international business companies.
RAK offshore companies are established to
Carry out international business activities outside the UAE
Act as holding companies
Hold real estate properties in the Emirates Dubai and Ras Al Khaimah
Provide asset protection
Carry out tax planning and
Carry out estate planning
RAKICC offers the following main benefits for setting up offshore and international business companies
No taxes applicable (in a majority of jurisdictions)
Modern legislation
Registered address
Single and multiple directors are allowed
No auditing and accounting requirements in a majority of jurisdictions
Business can be conducted internationally
No limitations on any nationality
