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:

C_EMI Object ( [ID] => emi [post_title] => EMI Account [active] => 1 [banks] => Array ( [0] => Array ( [name] => DNBC (CA) (former DSBC) [min_deposit] => N/A [currencies] => EUR, CAD, GBP, CHF, HKD [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Merchant accounts only for EU companies. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [1] => Array ( [name] => Airwallex [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Cards are subject to jurisdictions. Only companies incorporated in: Canada, Cayman Islands, China, Hong Kong, Israel, Japan, South Korea, Macau, Marshall Islands, Mexico, Puerto Rico, Seychelles, Taiwan, Thailand, Virgin Islands (British), Virgin islands (U.s.) Airwallex has other entities in Canada, Singapore, United Kingdom, USA, Australia, Malaysia and the Netherlands working with various other jurisdictions. [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [2] => Array ( [name] => Currenxie [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => No [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Virtual Visa Cards are subject to jurisdictions. [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [3] => Array ( [name] => Payoneer [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [4] => Array ( [name] => Statrys [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => At the moment they mainly work with companies established in Hong Kong, Singapore, and BVI. Cards are available only for Hong Kong companies. Internet and Mobile banking have limited access. [min_deposit_local] => N/A [price] => 1400 [price_local] => 300 [emi] => 1 ) [5] => Array ( [name] => Collect & Pay [min_deposit] => Depending on category. [currencies] => Multicurrency [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => Depending on category. [price] => [price_local] => 300 [emi] => 1 ) [6] => Array ( [name] => Bankera [min_deposit] => N/A [currencies] => EUR [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Cards are available for EU delivery address only. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [7] => Array ( [name] => Connect Pay [min_deposit] => N/A [currencies] => Multicurrency [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Cards are subject to jurisdictions. For crypt-related businesses there is a hard requirement of 5 million revenue/year. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [8] => Array ( [name] => Gurupay [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [9] => Array ( [name] => IBSettle [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [10] => Array ( [name] => Mistertango [min_deposit] => N/A [currencies] => EUR [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Cards are subject to jurisdictions. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [11] => Array ( [name] => SettleDesk [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [12] => Array ( [name] => Valyuz [min_deposit] => N/A [currencies] => EUR, USD, GBP, SEK, JPY, HKD [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [13] => Array ( [name] => Verifo [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [14] => Array ( [name] => Vialet [min_deposit] => N/A [currencies] => EUR [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Cards are subject to jurisdictions. NO US companies are permitted. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [15] => Array ( [name] => Finductive [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [16] => Array ( [name] => Aspire [min_deposit] => N/A [currencies] => SGD, USD [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => Only companies incorporated in APAC jurisdictions. With regards to entities involved in the crypto/blockchain/web3 businesses, they are only able to onboard companies incorporated in Singapore, which they will only be able to open a SGD account to perform local transfers within Singapore. Cards are available only for Singaorean companies. [min_deposit_local] => N/A [price] => 900 [price_local] => 300 [emi] => 1 ) [17] => Array ( [name] => Bilderlings [min_deposit] => N/A [currencies] => EUR, GBP [cards] => Yes [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [18] => Array ( [name] => Cashaa [min_deposit] => N/A [currencies] => EUR, GBP [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [19] => Array ( [name] => IFX [min_deposit] => N/A [currencies] => EUR, GBP [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => NON-EU companies are subject to pre-assessment. [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [20] => Array ( [name] => Interpolitan Money [min_deposit] => Depending on category. [currencies] => Multicurrency, USD, EUR, GBP [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => Depending on category. [price] => [price_local] => 300 [emi] => 1 ) [21] => Array ( [name] => Monevium [min_deposit] => N/A [currencies] => EUR [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [22] => Array ( [name] => Montify [min_deposit] => N/A [currencies] => Multicurrency [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) [23] => Array ( [name] => RationalFX [min_deposit] => N/A [currencies] => Multicurrency [cards] => No [remote] => Yes [accounts] => Corporate [status] => 1 [hideName] => [offshore] => 1 [notes] => [min_deposit_local] => N/A [price] => [price_local] => 300 [emi] => 1 ) ) [price] => 300 )

Ras Al Khaimah International Business Company (RAK ICC) Formation and First-Year Fees –  USD 3,800.00 (All Included)

Note that our incorporation and annual fees are all “all-included fees”, and cover all the required services, duties, disbursements, and procedures to incorporate a RAK International Company, and keep it in good standing.

  • All Applicable Registration and Government Fees (RAKIC Authority)
  • Preparing and filing the Memorandum & Articles of Association
  • Preparing the Director’s acceptance letter
  • Preparing and executing appointment of director by the Registered Agent
  • Providing Certificate of Incorporation and Filed Memorandum & Articles of Association
  • Preparing First Board Meeting Minutes resolving the Allotment of Shares, Appointment of Directors, Registered Office and other Corporate Matters
  • preparing the Register of Directors and Register of Shareholders
  • Preparing Share Certificates
  • Providing Registered Office Service, including business address, for the calendar year
  • Providing Registered Agent Service for the calendar year

Time to form the company

It generally takes us one day to prepare the M&AA and the related corporate documentation, which need to be signed by the directors/shareholders of the company. Upon receiving the signed documents, we can proceed with the filing, and it takes 1 to 2 business days for the Registrar to issue the Certificate of Incorporation, and the stamped M&AA.

Bank Account Opening Services (Optional)

We can assist you in open bank accounts for companies in the following offshore jurisdictions:

  • Andorra Bank Account - USD $ 1,200.00
    Andorra Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Morabanc
    USD 500,000
    Yes
    USD, EUR, CHF, CAD, AUD, SEK, NOK, NZD
    Yes
    Private Bank with focus on wealth management. If they open a corporate account for an active company, they would need that either the account has a substantial amount on the account, or that the UBO himself opens an account for wealth management.
  • Antigua Bank Account - USD $ 300.00
    Antigua Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    DBank
    USD 10,000
    Yes
    USD, EUR
    Yes
    In euros DBank processes only via SEPA. In dollars at the moment only with correspondents in the US, through FEDWIRE (not ACH at the moment). Cash Secured Visa Credit Card available.
    Global Bank of Commerce
    USD 25,000
    Yes
    USD, EUR, GBP
    Yes
    Cash Secured Visa Credit Card
    North International Bank
    USD 5,000
    Yes
    USD, EUR
    Yes
    UnionPay Cards work without inconvenience in the USA.
  • Armenia Bank Account - USD $ 1,200.00
    Armenia Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    OJSC Unibank
    USD 50,000
    Yes
    EUR, USD, RUB, AMD
    Yes
    Business connection to Armenia is required. The annual outgoing turnover of the client should be at least 10 mln USD per year. The annual number of outgoing transfers should be at least 60 per year. Note that the banks considers smaller companies is well on case-by-case basis, but they could charges additional fees.
  • Bahamas Bank Account - USD $ 500.00
    Bahamas Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Capital Union Bank
    USD 1,000,000
    No
    USD
    Yes
    Family Offices, Fund Managers and Asset Managers only.
    Deltec
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Credit Card available on a case by case basis.
    EFG Bank
    USD 1,000,000
    Yes
    Multicurrency
    Yes
    Remote account opening is possible, but the bank will visit the client within first year after opening.
    Equity Bank
    USD 500,000
    Yes
    USD, EUR
    Yes
    Prepaid debit card available.
  • Belize Bank Account - USD $ 300.00
    Belize Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Belize Bank International
    USD 4,000
    Yes
    EUR, GBP, USD
    Yes
    Caye Bank
    USD 1,000
    Yes
    USD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOK
    Yes
    Prepaid Visa cards available.
    Heritage Bank
    USD 3,000
    Yes
    Multicurrency
    Yes
  • BVI Bank Account - USD $ 900.00
    BVI Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank of Asia
    USD 20,000
    No
    USD, GBP, HKD
    Yes
    Bank of Asia does not onboard corporations who have a connection in US and Russia.
    VP Bank
    USD 500,000
    No
    Multicurrency
    Yes
    VP Bank offers services to local BVI residents as well as international clients who have BVI companies, trusts or fund structures. It is primarily focused on financing, investment management, custodial and securities trading accounts. No Commercial Activity, only for asset management business.
  • Cayman Islands Bank Account - USD $ 900.00
    Cayman Islands Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Cayman National Bank
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, AUD, JPY, SEK, CHF
    Yes
    NCB Cayman Limited
    USD 100,000
    Yes
    USD, EUR, CAD, GBP, AUD, Multicurrency
    Yes
    NCB Cayman Bank offers trading, private and investment bank accounts
  • Cook Islands Bank Account - USD $ 600.00
    Cook Islands Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Capital Security Bank
    USD 250,000
    Yes
    USD, EUR, GBP, CAD, NZD, AUD, SGD, HKD
    Yes
    Clients can have a corporate account for operational purposes only if they open an investment account as well.
  • Curaçao Bank Account - USD $ 500.00
    Curaçao Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Exprinter International Bank N.V.
    USD 100,000
    No
    Multicurrency
    Yes
    Internet Banking only for viewing the account, not for operating
  • Cyprus Bank Account - USD $ 1,200.00
    Cyprus Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank of Cyprus
    N/A
    Yes
    Multicurrency
    Yes
    Supports large Cypriot and international groups, preferably operating from Cyprus and international companies in their expansion and operations in Cyprus.
  • Dominica Bank Account - USD $ 300.00
    Dominica Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Banfers International Private Bank (former Ferz Global Bank)
    USD 35,000-50,000
    Yes
    USD, EUR, GBP, CHF
    Yes
    Minimum initial deposit 35.000 USD, 50.000 USD - depending on the risk and account types
    EqiBank
    USD 15,000
    Yes
    USD, EUR, GBP
    Yes
    Kingdom Bank
    N/A
    No
    EUR, USD
    Yes
    SWIFT transactions are carried out only through a pool account in the name of the bank.
  • Gibraltar Bank Account - USD $ 1,200.00
    Gibraltar Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Moneycorp Bank Limited
    case-by-case
    No
    Multicurrency
    Yes
    Turicum Private Bank
    USD 200,000
    No
    USD, EUR, GBP
    Yes
  • Hong Kong Bank Account - USD $ 1,400.00
    Hong Kong Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    DBS Bank
    HKD 200,000
    Yes
    HKD, USD, Multicurrency
    Yes
    A business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
  • Isle of Man Bank Account - USD $ 1,200.00
    Isle of Man Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Capital International Bank
    N/A
    No
    USD, AUD, EUR, CZK, DKK, HUF, SGD, JPY, NOK, GBP, ZAR, ILS, NZD, PLN, CHF, SEK, CAD, BGN
    Yes
    Preferred industries: Asset Holding Entities, e-sports, yachting, aviation, e-commerce, internet sales and trading, business consultancy, advertising and marketing, property development and management.
  • Labuan Bank Account - USD $ 500.00
    Labuan Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank Islam
    USD 10,000
    No
    USD, JPY, SGD, EUR, GBP
    Yes
    Citibank
    USD 250,000
    No
    Multicurrency
    Yes
    MayBank International Labuan Branch
    USD 25,000
    No
    USD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AED
    Yes
    They focus more on Labuan incorporated entities.
  • Liechtenstein Bank Account - USD $ 1,200.00
    Liechtenstein Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bendura Bank
    USD 500,000
    No
    Multicurrency
    Yes
    Every active NFE needs to have a substance.
  • Luxembourg Bank Account - USD $ 1,200.00
    Luxembourg Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    East West United Bank
    N/A
    No
    USD, EUR, GBP, RUB, CHF
    Yes
    Companies conducting commercial activities are expected to conduct at least 30 incoming / outgoing transactions per month.
  • Mauritius Bank Account - USD $ 600.00
    Mauritius Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Bank One
    USD 50,000
    No
    Multicurrency
    Yes
    Investec
    USD 50,000
    Yes
    Multicurrency
    Yes
  • Nevis Bank Account - USD $ 300.00
    Nevis Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    BONI
    USD 10,000
    No
    USD, EUR, GBP, Multicurrency, CHF, CAD
    Yes
    Hamilton Reserve Bank
    USD 100,000
    No
    USD, EUR, GBP, CHF, AUD, CAD, AED, JPY, SGD, HKD
    Yes
    IMBL
    USD 25,000
    No
    Multicurrency
    Yes
  • Panama Bank Account - USD $ 1,200.00
    Panama Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Capital Bank
    USD 20,000
    Yes
    USD
    Yes
    Credicorp
    USD 50,000
    Yes
    USD, EUR
    Yes
    MMG Bank
    USD 10,000
    Yes
    USD, EUR, CHF, GBP, CAD
    Yes
  • Puerto Rico Bank Account - USD $ 300.00
    Puerto Rico Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Strategic Bank
    USD 150,000
    No
    USD
    Yes
    Arival Bank
    N/A
    No
    USD
    Yes
    CB International Bank LLC
    N/A
    Yes
    Multicurrency
    Yes
    Unionpay Merchant service for clients.
  • Saint Lucia Bank Account - USD $ 300.00
    Saint Lucia Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    PROVEN BANK (Former BOSLIL)
    USD 5,000
    Yes
    USD, EUR, GBP, HKD, Multicurrency, CAD, CHF, AED, AUD, NZD, NOK, SEK, THB, JPY, ZAR
    Yes
  • Seychelles Bank Account - USD $ 500.00
    Seychelles Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Al Salam
    USD 25,000
    No
    USD
    Yes
    Internet banking is in view mode only, all transactions are carried out via email or by phone.
  • Singapore Bank Account - USD $ 900.00
    Singapore Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    OCBC Bank
    USD 30,000
    No
    USD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHF
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    RHB
    SGD/USD 30,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    DBS Bank
    SGD 250,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    UOB Bank
    SGD 250,000
    No
    Multicurrency
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    Credit Suisse
    USD 3,000,000
    No
    USD, SGD
    Yes
    Bank of China
    SGD 100,000
    No
    USD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CAD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
    HSBC
    SGD/USD 30,000
    No
    SGD, AUD, CAD, RMB, EUR, HKD, JPY, NZD, GBP, USD
    Yes
    Nexus in the form of client/supplier/partner/contractor in Singapore required.
  • Switzerland Bank Account - USD $ 1,200.00
    Switzerland Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Maerki Baumann
    CHF 500,000
    Yes
    Multicurrency
    Yes
    mbaer
    CHF 5,000
    No
    Multicurrency
    Yes
    Companies must have an expected turnover of at least CHF 3,000,000.
    Sygnum
    CHF 3,000,000
    No
    Multicurrency
    Yes
    Deposit must be maintained in crypto assets held through the bank's custody services. Minimum Average Balance for high risk jurisdictions should be 1-2Mio CHF.
    Credit Suisse
    CHF 1,000,000
    No
    Multicurrency
    Yes
    SEBA Bank
    CHF 500,000
    Yes
    EUR, GBP, CHF, CAD, AUD, JPY, SGD, PLN, HKD, NOK, SEK, ILS, MXN, DKK, TRL, NZD, AED
    Yes
    SEBA Bank does not open accounts with a pure transactional business nexus.
  • USA Bank Account - USD $ 1,400.00
    USA Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    USA Bank Account
    USD 100,000
    No
    USD
    Yes
    min deposit USD 100k and more AND/OR with revenues of USD 1M
    USA Bank Account
    USD 5,000
    Yes
    USD
    Yes
    The company should trade in Asia and the USA.
    USA Bank Account
    Typically USD 25,000 - USD 50,000, for high risk USD 500,000
    Yes
    USD
    Yes
    At least one US based signatory is required. Purpose to open an account in US is required.
    USA Bank Account
    from 10,000 but preferred 250K-300K
    Yes
    USD, Multicurrency
    Yes
    They tend to focus more on technology/startup companies that are focused on growing and scaling through future equity raises and subsequent debt facilities.
  • Vanuatu Bank Account - USD $ 500.00
    Vanuatu Bank Account
    Bank
    Min Deposit
    Cards
    Currencies
    Remote
    Comments
    Pacific Private Bank
    1,500 EUR
    No
    EUR, GBP, USD
    Yes
    Outgoing USD transactions cannot be facilitated.
  • EMI Account - USD $ 300.00
    EMI Accounts
    EMI
    Min Deposit
    Cards
    Currencies
    Remote
    DNBC (CA) (former DSBC)
    N/A
    No
    EUR, CAD, GBP, CHF, HKD
    Yes
    Airwallex
    N/A
    Yes
    Multicurrency
    Yes
    Currenxie
    N/A
    Yes
    Multicurrency
    No
    Payoneer
    N/A
    Yes
    Multicurrency
    Yes
    Statrys
    N/A
    Yes
    Multicurrency
    Yes
    Collect & Pay
    Depending on category.
    No
    Multicurrency
    Yes
    Bankera
    N/A
    Yes
    EUR
    Yes
    Connect Pay
    N/A
    Yes
    Multicurrency
    Yes
    Gurupay
    N/A
    No
    EUR
    Yes
    IBSettle
    N/A
    No
    EUR
    Yes
    Mistertango
    N/A
    Yes
    EUR
    Yes
    SettleDesk
    N/A
    No
    EUR
    Yes
    Valyuz
    N/A
    Yes
    EUR, USD, GBP, SEK, JPY, HKD
    Yes
    Verifo
    N/A
    No
    EUR
    Yes
    Vialet
    N/A
    Yes
    EUR
    Yes
    Finductive
    N/A
    No
    EUR
    Yes
    Aspire
    N/A
    Yes
    SGD, USD
    Yes
    Bilderlings
    N/A
    Yes
    EUR, GBP
    Yes
    Cashaa
    N/A
    No
    EUR, GBP
    Yes
    IFX
    N/A
    No
    EUR, GBP
    Yes
    Interpolitan Money
    Depending on category.
    No
    Multicurrency, USD, EUR, GBP
    Yes
    Monevium
    N/A
    No
    EUR
    Yes
    Montify
    N/A
    No
    Multicurrency
    Yes
    RationalFX
    N/A
    No
    Multicurrency
    Yes

Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.

Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.

Nominee Services (Optional)

  • Nominee Director Services – USD 2,500.00 p.a.
  • Nominee Shareholder Services – USD 2,500.00 p.a.

RAK Company Annual Fees (payable one year after incorporation, and annually thereafter) – USD 3,450.00

  • All Applicable Annual Government Fees
  • Advising on completion of and filing the Economic Substance Return
  • Maintaining the Minute Book, Registers and Statutory Records
  • Providing Registered Agent Service for one year
  • Providing Registered Office Service, including business address, for one year

Other Services (Optional)

  • Formation and Maintenance of Freezone Companies (Dubai, Fujairah, RAK, Ajman, Abu Dhabi, Sharjah)
  • Assistance with obtaining 3-year Business Visas for directors of Freezone companies
  • Continuation of Foreign Companies
  • Secretarial Services
  • Accounting Services

Please, contact us for further information.

Nominee Services

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

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