RAK Offshore companies offer 100% foreign ownership, 0% personal and corporate taxation, no filing requirements, full repatriation of profits and capital. RAK Offshore companies can maintain bank accounts in Dubai and own real estate assets and intellectual property in UAE.
RAK Offshore companies are used for a variety of business purposes like operating a bank account in Dubai for international business, owning overseas financial and real estate assets, inheritance planning, holding companies and tax optimization. However RAK offshore companies are not allowed to carry out activities in the UAE.
Our consultants will assist you to open your corporate account in a reputable bank in Dubai with online banking facilities. UAE banks operate outside the European Union jurisdiction and maintain full confidentiality.
There are no capital requirements for RAK Offshore companies. However our policy is to incorporate RAK offshore companies with a minimum of Euro 1,000 capital divided in to 1000 shares of euro one each or any other currency nominations.
We are an approved registered Agent by the RAK FTZ Authorities for the incorporation of Offshore RAK international companies.
The registered office address of the RAK offshore companies incorporated by us will be the address of our own office in Jumeirah Lakes Towers in Dubai.
The beneficial owners of the company have the liberty to opt for the Laws of United Kingdom to decide company matters concerning a) dispute between the owners b) in the event of death of the owners c) any other matters relating to the affairs of the company.
RAK Offshore companies can have a minimum of 1 shareholder, director and secretary who can be the same person. The director, secretary and shareholder can be corporate bodies.
We are located in our own prestigious offices in Jumeirah Lakes Towers