RAK ICC Foundation Company Setup

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About RAK ICC

RAK International Corporate Centre (RAKICC) is the sole entity in Ras Al Khaimah for the incorporation of Offshore companies or International Business Companies. RAKICC offers complete privacy and confidentiality, ensuring a highly favorable business environment for both individual and corporate investors.

Unicorn Global Solutions is the registered agent of RAKICC, provides total assistance in the incorporation of Offshore Company in RAK. We can incorporate your company within 1-2 working days after complete submission of the required documents and fees Send us a Text us on WhatsApp or call us today  to set up a business is RAKICC. The following are the required documents for company formation in RAKICC:

Why Choose RAK ICC Foundation

Choosing RAK ICC Foundation as your corporate jurisdiction offers unparalleled advantages for global businesses. With its robust legal framework, streamlined incorporation process, and tax-efficient environment, RAK ICC Foundation stands as a beacon of reliability and efficiency in the corporate world.

By selecting RAK ICC Foundation, businesses gain access to a jurisdiction renowned for its business-friendly policies, ensuring a seamless and hassle-free experience for incorporation and operation. Moreover, RAK ICC Foundation provides a gateway to international markets, offering unparalleled opportunities for expansion and growth.
Opting for RAK ICC Foundation empowers businesses with a myriad of benefits that foster success and prosperity. From its strategic location in the heart of the UAE to its innovative legal structures that accommodate various business needs, RAK ICC Foundation stands as a premier choice for entrepreneurs and corporations alike.

By leveraging SEO content that highlights the unique advantages of RAK ICC Foundation, businesses can elevate their online presence and attract a targeted audience seeking to establish a foothold in this dynamic jurisdiction. With RAK ICC Foundation, businesses embark on a journey of limitless possibilities, backed by a solid legal framework and a supportive environment conducive to long-term success.

Features & Benefits of A Company Setup in RAKICC Offshore

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Shareholders of RAKICC Offshore Company

Minimum number of shareholder is one and maximum number of shareholder limit is 15. RAKICC allows 100% foreign ownership. Minimum capital is not required for the offshore company incorporation. Shareholder presence is not required for the RAKICC offshore company incorporation.

Change Registered Agent of a RAKICC

There is a provision for changing the offshore agent for a RAKICC Company in case of any displeasure with their services. Offshore Companies in RAKICC can request for an Agent Change to AURION. Our team will handle all the administrative requirements and coordinate the renewal of your company with RAKICC efficiently.

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Activities of RAKICC offshore Company
Key Documents of RAKICC Offshore Company
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Experience peace of mind knowing that your finances are in expert hands, allowing you to focus on what matters most – driving your business forward.
Common Questions

Frequently Asked Questions

A corporation can only be incorporated in RAKICC through registered agents. An IBC is incorporated after two working days of the documentation being submitted.

  • Company Limited by Shares
  • Company Limited by Guarantee
  • Restricted Purposes Company
  • Segregated Portfolio Company
  • Unlimited Company

Ras Al Khaimah local laws and federal legislation of the United Arab Emirates are followed by RAK ICC. In the execution of its authority, RAK ICC forbids any unlawful activity, including but not restricted to gaming.

Any foreign investor wishing to open a firm in any of the UAE's mainland regions must have a local sponsor. Additionally, the sponsor needs to own at least 51% of the business's equity. When can you go without a sponsor? There is no requirement for a local sponsor if you are establishing a business in the United Arab Emirates free trade zone.

RAKICC allows almost any business activities except the below given high-risk businesses,

Gambling

Lending service

Cryptocurrencies

Trusts

Gold and diamond trade

Trade of petroleum and crude oil

Mining

NGOs

It takes 2-3 working days to establish an offshore company in the RAK ICC foundation

No, during company formation in RAK ICC, physical presence is not required

It takes around $1090 to incorporate a company in RAK ICC

No, public registers of corporations do not exist. Nonetheless, the firm structure's specifics are registered with RAK ICC (Ras Al Khaimah International Corporate Center) and need to be kept updated.

There is no paid-up capital needed to establish a RAK company. Although AED 10,000 is the normal share capital, this is not a hard and fast rule; it can be changed to suit your requirements.

A local registered office and a local registered representative approved by the local authorities are necessary for the foundation of a RAK ICC company.

You will have to submit your completed incorporation paperwork with a project description, business memorandum, and articles of association in addition to the identity documents of the directors, managers, and shareholders.

Offshore businesses aren't meant to conduct business within the nation where they were incorporated. You would need to establish up a local onshore company if you wanted to trade inside the United Arab Emirates.

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