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?
What a RAK Offshore company can do outside the UAE?
What you’ll need to set up a RAK Offshore company?
Benefits of RAK Offshore setup
RAK Offshore setup is forbidden from doing the following: