Company Setup

Ras Al Khaimah Offshore Company

Spider Business Center provides services to set up a RAK Offshore company for non-residents of the UAE. Our consultants provide a wide range of services for the setup and management of an offshore company in Ras Al Khaimah, which is one of the top destinations for offshore companies. This is because a RAK offshore company formation benefits from the non-double taxation treaties with multiple big names in the world including Italy, France, Germany, India, and China.

Your Ras Al Khaimah offshore company setup will be located in the Ras Al Khaimah Financial City. The RAK Financial City Provides outstanding infrastructure for any business. They also allow a wide range of business activities for both international and local businesses. Businesses in the financial sector will benefit from the RAK Financial City the most.

RAK Offshore Company Setup Dubai

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RAK Offshore Company Setup
Our Benefits

RAK Offshore Company Setup: Investor Benefits

  • Limited Liability Company Structure

Investors have the option to select the Limited Liability Company structure for their business during the offshore company formation. For those who are uninformed, the owners of limited liability companies are safe from the debts and expenses of the company. That means, if the company was to file for bankruptcy, then the personal assets of the owners will remain safe.

  • No Minimum Capital Requirement

To form a RAK offshore company, you are not required to invest a minimum of capital in the business. This offers superior flexibility when getting started in the UAE. Investors are free to start with the capital they are comfortable with and do not need to invest more than they want to. This reduces the risk factor of starting a new business.

  • Sole Proprietorship Available

A RAK offshore company can be started with a minimum of one shareholder. The minimum requirement for directors is also one. That means the single shareholder can be the director of the company. However, should you choose to have multiple shareholders and directors, that option is available as well.

  • Superior Flexibility

RAK Financial City offers superior flexibility in terms of regulations and allowed business activities than any other offshore company economic jurisdictions that are available in the UAE. Businesses can take advantage of this versatility and expand rapidly to the UAE. The easy regulations also increase the ease of doing business in RAK.

  • Superior Business Security

Ras Al Khaimah offers superior business security to investors looking to set up an offshore company here. There are strict security measures in place to uphold the anti-money laundering policy adopted by the government of the UAE.

  • No Extra Restrictions

As some economic jurisdictions put extra regulations and restrictions on business, they lose potential investors. However, the RAK Financial City does not have any extra restrictions in place except for the regulatory measures set by the local licensing authority and the public policy of the UAE.

  • Share Versatility

There are no restrictions when choosing from different classes of shares for your offshore company in RAK. You can have one or more series at a time as well. They can have their conditions, rights, restrictions, regulations, and privileges. However, these need to be specified beforehand.

  • Bearer Shareholding Available

Bearer shares are available for investors looking to get started in Ras Al Khaimah. For those who are uninformed, a bearer share is a type of equity security that is entirely owned by the person or corporation that has the stock certificate in their physical possession. That means, no issuing firms or registrations are required. You will receive the dividend when you provide the physical coupon.

  • Available Registered Agents

To register an offshore company in RAK, the government of the UAE requires you to complete the registration and uphold the maintenance of the company through a registered agent. Spider Business Center can do these for you at the most affordable rate possible. Our consultants have started countless offshore companies. Our consultants also provide services to maintain your offshore company in the UAE.

What’s Included

Offshore Company Setup RAK Charges

  • Fees for offshore company in RAK offshore would be AED 16,500 (License + our professional fees)
  • Note: 100% of the fees shall be payable in advance (nonrefundable).
Rak Offshore

Documents Required for Ras Al Khaimah Offshore Business

  • 100% of the fees shall be payable in advance (nonrefundable).
  • Original Bank reference letter
  • Original Utility bill – no less than 3 months old
  • Brief CV
  • 3 Proposed name and activity to be mentioned
  • Note: If the applicant for the offshore company is backed up by a Power of Attorney, then the Power of Attorney must be Notarized and Attested from the UAE embassy in the applicant’s country. A further attestation is required from the Ministry of Foreign Affairs in the UAE.

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    Company Setup

    RAK Offshore Company Formation Application Requirements

    Besides the documents required, there are some decisions that you need to make before filling up the application form for your RAK Offshore Company Formation. Even if these seem complicated, do not be disheartened because we will walk you through them should you choose to seek the services from our consultants. Here are the application requirements for your Ras Al Khaimah offshore company formation:

    • You need to mention the proposed capital for your offshore company set up in the application as it is a requirement for the registration. Remember that there is no minimum capital requirement, so you are free to choose your investment amount.
    • You need to mention your full name and address in the application form for the offshore company registration. If you choose to have partners, it is required to mention their full names and addresses as well.
    • You need to provide your RAK offshore company’s proposed Memorandum and Articles of Association with the completed application registration form. Our consultants will help you draft these important documents should you choose their services.
    • You can only perform the business activities that you chose beforehand when filling up the registration application form. That is why you should decide carefully when starting.
    • You can only perform those business activities in the location you mentioned in the application form. We will guide you through the best choices of locations for you during the registration.

    Spider Business Center provides all the services you need to smoothly start your RAK offshore company. Get in touch with our consultants today and hit the ground running.

    RAK Offshore Business Setup