All about RAK Offshore Company

Privacy Management Group is delighted to offer you a simple and quick UAE offshore company formation; we will register your company within 2-4 working days in Ras Al Khaimah (RAK). This confidential jurisdiction combines several advantages, making the United Arab Emirates an ideal basis and perfect environment for your successful offshore business. RAK is for example a completely tax free environment and there is no requirement to file accounts or have audits conducted.

The crucial advantage of the United Arab Emirates is the high reputation of a OECD white listed country and international investors hub, what allows company owner the easy access to highly capitalized international banks in Dubai, Hon Kong Kong, Singapore, Malta, Andorra or Latvia, which are operating in a economic and political stable environment. As of today more than 8000 IBC’S are registered in Ras al Khaimah.

Highlights of RAK Offshore:

  • 100% foreign ownership is allowed
  • Exempt from all corporate and income taxes
  • No foreign currency restrictions
  • Full repatriation of profits and capital allowed
  • There is no local office required, no employees and related costs
  • The RAK Offshore company can own interest in real estate in the UAE and intellectual property
  • The RAK Offshore company can act as a Holding
  • No need to file accounts

WHY A RAK OFFSHORE COMPANY?

Ras Al Khaimah is one of the most attractive offshore places in the UAE, as the establishment fees are significantly lower than Dubai or Fujairah, despite offering the same advantages and benefits of the United Arab Emirates, as a country with full exemption from all corporate and income taxes. While Jebel Ali (Dubai) requires a minimum of two shareholders and their physical presence is required in Dubai to arrange the formation, a RAK offshore company requires only one shareholder, who is not required to be there in person. Don’t forget to click here to visit uae-company-service.com

Leave a Reply

Your email address will not be published. Required fields are marked *