Ras Al Khaimah Offshore Company Setup with HelloDubaiCalling
Looking to establish an offshore company in the UAE? Ras Al Khaimah (RAK) stands out as one of the most sought-after jurisdictions for offshore business formation, offering robust infrastructure, streamlined processes, and investor-friendly regulations.
At HelloDubaiCalling, we simplify the RAK offshore company setup process and ensure a secure, swift, and fully compliant formation journey.
Why Choose Ras Al Khaimah for Offshore Company Formation?
RAK has emerged as a top destination for offshore business incorporation due to its:
- 100% foreign ownership
- Zero corporate or income tax
- Confidentiality and asset protection
- No currency restrictions
- Affordable setup and maintenance costs
- Strategic location close to major ports and business hubs
Whether you want to hold assets, own property, open a bank account, or conduct global consulting, RAK offshore offers the flexibility and legality to operate seamlessly.
Key Features of RAK Offshore Company
- Single shareholder allowed; physical presence not required
- Fast registration process (within 1-2 working days)
- Complete banking confidentiality
- Regulated by the Ras Al Khaimah International Corporate Centre (RAK ICC)
- Governed under RAK Offshore Regulations 2006
Permitted Activities for RAK Offshore Companies
Within the UAE:
- Holding bank accounts
- Owning real estate (in designated zones)
- Asset protection and estate planning
Outside the UAE:
- Consultancy and advisory services
- International trading
- Holding company functions
- Shipping-related activities
- Professional services
- Investment and joint ventures
Note: Offshore companies cannot engage in insurance or financial services.
Required Documents for RAK Offshore Company Formation
For Single Shareholder:
- Notarized passport copy
- Bank statement (last 6 months)
- Shareholder’s CV
- Proof of residence (utility bill or municipality certificate)
- Original bank reference letter addressed to RAK ICC
For Corporate Shareholders:
- Certificate of Incumbency
- Attested copy of incorporation or trade license
- Certificate of Good Standing
- Memorandum & Articles of Association (attested)
- Shareholder’s resolution (attested)
- Passport copies of directors and shareholders
Note: If the shareholder is another corporate entity, documentation is required up to the Ultimate Beneficial Owner (UBO).
Step-by-Step RAK Offshore Company Formation Process
1. Choose Your Company Name & Activity
Select a compliant business name and define the nature of business activity.
2. Submit Documents
Sign and submit all required incorporation documents to RAK ICC.
3. Pay Fees
Pay government fees and setup charges via online, cash, or bank transfer.
4. Open Bank Account
Once licensed, proceed to open a corporate bank account in the UAE or internationally.
5. Appoint a Registered Agent
It is mandatory to appoint an approved RAK registered agent like HelloDubaiCalling to complete the formation process.
Why Choose HelloDubaiCalling?
We are approved RAK ICC Registered Agents with extensive experience in:
- Offshore and mainland company formation
- Legal documentation and compliance
- Fast and secure registration support
- Business advisory and banking assistance
We ensure a hassle-free experience, letting you focus on your business vision while we handle the formalities.
Frequently Asked Questions (FAQs)
1. How long does it take to register a RAK offshore company?
1-2 business days, provided all documents are in order.
2. Is RAK a secure jurisdiction for offshore companies?
Yes, RAK offers robust regulatory oversight, banking security, and investor protection.
3. What taxes are applicable to RAK offshore companies?
RAK offshore companies enjoy 0% corporate and income tax.
4. Can a RAK offshore company act as a holding company?
Yes, RAK offshore entities are ideal for asset and shares holding.
5. Does RAK offshore allow 100% foreign ownership?
Absolutely, no local sponsor is required.