Registered Agents for Dubai Airport Free Zone, Abu Dhabi Airport Free Zone, Dubai World Central, Fujairah Free Zone, RAK International Companies, Ajman Free Zone, Fujairah Creative City.

RAK Offshore Company Formation

Governed by the Ras Al Khaimah Investment Authority (RAKIA), RAK Offshore is a paradise for non-resident entrepreneurs with an eye on international business. RAK Offshore lets you form business entities, hold assets in foreign lands, own share holding companies, register vessels and optimize tax. More than 8000 companies have registered with RAK Offshore so far.

RAKIA introduced the idea of International Business Company in 2007, and has been the regulatory body of RAK Offshore since then.

RAK Offshore is designed for offshore business that mainly involves clients from overseas. Therefore, RAK Offshore companies have some limitations in doing business within the jurisdiction of incorporation.

What a RAK Offshore company can do in the UAE?

  • Own properties and other assets
  • Maintain bank account overseas
  • Invoicing

What a RAK Offshore company can do outside the UAE?

  • Own properties and other assets
  • Trading
  • Can run service-related business
  • Managerial business like ship management businesses

What you’ll need to set up a RAK Offshore company?

  • A registered agent in the UAE, approved by RAKIA
  • A registered office for communication purposes (preferably the registered agent’s office)

Benefits of RAK Offshore setup

  • Gain 100% foreign ownership (no sponsor or UAE national required)
  • Income and corporate tax exemption
  • No money restrictions
  • Full capital and profit repatriation is permitted
  • Low startup costs (minimum capital required) when compared to onshore
  • Doesn’t not require a brick and mortar office in the UAE
  • Permitted to own assets

RAK Offshore setup is forbidden from doing the following:

  • Conducting business activities within the jurisdiction of the UAE
  • Performing banking and insurance related businesses
  • Undertaking business activities that RAKIA disallows

How can we help you set up your dream company in UAE?

How can we help you set up your dream company in UAE?