What is RAKICC & its role in an RAK offshore company formation?

RAK International Corporate Centre (also known as ‘RAKICC’ or ‘RAK ICC’) is a Government corporate registry in the Emirate of Ras Al Khaimah, United Arab Emirates. RAKICC carries out the registration and formation of international business companies/offshore companies and provides a full range of registration services in connection with the international business/offshore company activity.

RAKICC is known as a modern, world class offshore company registration office and complies with international best practices. RAKICC has developed a strong reputation and is considered to be one of the most respected brands for setting up offshore companies in the United Arab Emirates.

Benefits of an RAK offshore company?

The offshore companies set up with RAKICC enjoy the following benefits:

1. You can open a bank account in the name of the RAK offshore company.
2. You can own real properties in Ras Al Khaimah and Dubai through a RAK offshore company.
3. RAK offshore company allows 100% foreign ownership.
4. RAK offshore company can own shares in a mainland company or a free zone company in the United Arab Emirates.
5. RAK offshore company offers Zero taxes.
6. You can establish subsidiary with RAK Economic Zone.
7. RAKICC offers state of the art legislation which is a cornerstone for any reliable offshore company set up jurisdiction.
8. RAKICC has robust compliance procedures.