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RAK International Corporate Centre

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

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Carry out international business activities outside the UAE

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Act as holding companies

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Hold real estate properties in the Emirates Dubai and Ras Al Khaimah

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Provide asset protection

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Carry out tax planning and

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Carry out estate planning

RAKICC offers the following main benefits for setting up offshore and international business companies

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No taxes applicable (in a majority of jurisdictions)

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Modern legislation

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Registered address

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Single and multiple directors are allowed

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No auditing and accounting requirements in a majority of jurisdictions

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Business can be conducted internationally

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No limitations on any nationality

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Capital expatriation does not have any limitations