Company Formation in RAKICC Offshore
RAKICC - RAK Offshore Company Opening
RAK International Corporate Centre (RAKICC) is the exclusive entity in Ras Al Khaimah for incorporating Offshore companies or International Business Companies. RAKICC provides absolute privacy and confidentiality, creating an immensely favorable business environment for individual and corporate investors alike.
Pravo Management Consultancies, as the registered agent of RAKICC, offers comprehensive assistance in incorporating an Offshore Company in RAK. With our efficient services, we can incorporate your company within 1-2 working days upon receiving all necessary documents and fees. The following documents are required for company formation in RAKICC:
To complete the shareholder verification process, please provide the following documents:
1. A copy of the shareholder’s passport.
2. An original utility bill (water, electricity, or telephone) issued within the last three months.
3. A bank reference letter from any bank worldwide.
RAKICC - RAK Offshore Company Opening
Benefits and Characteristics of RAKICC Offshore Company
- Highly stable and recognized jurisdiction
- Foreign individuals have the opportunity to attain complete ownership.
- It is possible for an individual to hold the positions of both a shareholder and a director simultaneously.
- Fast Incorporation Process
- Effortless renewal process
- No specific office requirements are needed.
- Absolute anonymity and utmost confidentiality
- No audit requirements
- Ease of international operations
- Asset protection and investment diversification
Multi-currency bank accounts in UAE
- 100% tax free
Shareholders of RAKICC Offshore Company
A single shareholder is the minimum requirement, while a maximum of 15 shareholders is allowed. RAKICC offers the advantage of 100% foreign ownership. Additionally, there is no minimum capital requirement for incorporating an offshore company. Furthermore, the presence of shareholders is not mandatory for RAKICC offshore company incorporation.
Change Registered Agent of a RAKICC
If you are dissatisfied with the services of your offshore agent for a RAKICC Company, there is a provision for changing them. At Pravo Management Consultancies, we can assist Offshore Companies in RAKICC with the process of requesting an Agent Change. Our team will efficiently handle all the administrative requirements and coordinate the renewal of your company with RAKICC.
Documents issued from RAKICC offshore
- Memorandum of Association
- Certificate of Incorporation
- Incumbency Letter
- Good Standing Certificate
- Share certificate
Offshore company activities offered by RAKICC
- Ownership of shares in another company
- General Trading
- Holding Assets
- Property Owning
- Opening a corporate bank account in UAE banks
Discover the Ultimate RAKICC Offshore Service for Your Business!
Relocating the company's domicile to RAKICC
Domicile Transfer refers to the process of relocating a company’s domicile from one offshore jurisdiction to another. This transfer can occur within the same country or between different countries. There are various reasons that may prompt a company to initiate a Domicile Transfer, such as the availability of a favorable business environment, robust safety and security measures, reliable infrastructure, strong banking support, streamlined regulations, cost-effectiveness, and hassle-free company maintenance.
According to the RAK ICC Business Companies Regulations of 2016, any International Business Company (IBC) worldwide has the option to relocate its domicile to the RAK ICC Offshore jurisdiction. This allows the company to preserve its name, legal status, reputation, and activity records, ensuring a seamless transition.
Pravo Management Consultancies consists of professional experts who specialize in seamlessly transferring company domiciles while minimizing disruptions to ongoing operations. As a highly reputable registered agent of RAKICC with a decade-long association with RAK, we offer unparalleled expertise. Our team provides comprehensive consultation throughout every step of the transfer process, ensuring efficient and prompt delivery to the intended destination. Additionally, we prioritize the swift opening of the company’s bank account. Experience hassle-free domicile transfers with Pravo Management Consultancies, where efficiency and excellence converge.
Guide to Transferring Company Domicile to RAKICC: Easy Steps to Follow
KYC requirements for individual Shareholder/ Director/ Secretary
Documents required for Continuation
KYC requirements for corporate Shareholder/ Director/ Secretary
Issuance of Invoice / Payment
Approval & issuance of Certificate of Continuation by the Registrar
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