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Incorporate in Ras Al Khaimah (RAK) (UAE)

$3,800.00

Set up a Ras Al Khaimah (UAE) International Company

RAK IC is the most popular offshore company in UAE.

International companies are entitled to do business internationally and may not carry out trade or business within the UAE, or any free zone. Although they are allowed to have relationships with residents providing certain professional services such as legal or consulting, and they have access to the banking system and can open corporate bank accounts in the UAE.

RAK ICs are fully exempt from all taxes and only subject to a license fee, which must be renewed annually.

As they are considered non-residents for tax purposes, they cannot benefit from UAE tax treaties. However, they are usually authorized to own shares of FZ or local companies, or even establish a branch onshore.

One of the strengths of incorporating an offshore company in UAE is that, despite being a tax-free jurisdiction, it has prestigious internationally and good press, especially Dubai.

An international company in the UAE is a powerful instrument for international trade, asset protection, and wealth management.

Learn more about incorporating in the UAE:

SKU: INC-BV-001-1-1-1 Category:

Description

Ras Al Khaimah International Company (RAK IC) –  US$3,800.00 (All Included)

We pride ourselves in providing the best possible professional service which includes our honest hassle-free “No Hidden Fee” policy. Your incorporation package includes:

  • Government incorporation and filing fee
  • RAK IC License fee
  • Bound set of Constitutional Documents
  • Certified Copies of Constitutional Documents for bank account opening
  • Registered Agent & Registered Office Fee
  • Courier fees

Time to form: 2 weeks.

All our incorporation services include a yearly consulting session, a dedicated account manager and access to our global network of trusted business services, including introductions to accountants, financial, tax and legal advisors at no cost.

Bank Account Options

  • UAE Bank Account (In-person) – US$900.00
  • Offshore Bank Account* (Remotely) – US$300.00
  • Mauritius Bank Account (Remotely) – US$500.00
  • Labuan (Malaysia) Bank Account (Remotely) – US$500.00
  • Bahamas Bank Account (Remotely) – US$500.00
  • Curaçao Bank Account (Remotely) – US$500.00
  • Hong Kong Bank Account (In-person) – US$1,200.00
  • Singapore Bank Account (In-person) – US$900.00
  • Cayman Islands Bank Account (Remotely) – US$900.00
  • Crypto-Friendly Bank Account (Remotely) – US$3,000.00

We include introductions to payment processors or merchant accounts with all of our incorporation services. Whether you just need standard credit card processing or specialized services for high risk processing, we are happy to help you with introductions that can empower your business.

*Offshore Bank Accounts: Belize, Puerto Rico, Nevis, Antigua, Saint Lucia.  Other bank account options may be available depending on business profile and turnover.

Annual fees (2nd year) – US$2,400.00

Including:

  • RAK IC License Fee
  • Registered Agent & Registered Office Fee