RAK Offshore

RAK Offshore Company Formation – RAK ICC Offshore Registration

Establishing a RAK offshore company through RAK ICC Offshore in Ras Al Khaimah offers a tax-free, confidential structure for international business. The RAK Offshore Authority oversees offshore company incorporation RAK, making it quick and straightforward for investors.

What Is a RAK Offshore Company?

A RAK offshore company is a legal entity registered with the RAK Offshore Authority. It is designed primarily for non-residents and international entrepreneurs to conduct global operations, hold assets, or protect investments without needing a physical office in the UAE.

Benefits of RAK Offshore Company Incorporation

Incorporating a RAK Offshore company provides strategic financial and operational benefits. It ensures full foreign ownership, tax exemptions, and secure global asset management.

• 100% foreign ownership with no local partner required
• No corporate or income tax under UAE law
• High level of confidentiality shareholder details are not public
• Fast RAK offshore company registration in 2–3 working days
• Ability to own property in designated freehold areas
• No requirement for office space or local staff
• Access to multi-currency banking via the UAE
• Full repatriation of profits and capital

Who Should Consider a RAK Offshore Company Dubai?

A RAK offshore company Dubai is ideal for:

• Entrepreneurs managing international trading and export
• Consultants, freelancers, and service providers billing global clients
• Investors holding real estate or other assets in the UAE and abroad
• Family offices seeking tax-efficient wealth and estate planning
• Companies requiring a RAK ICC Offshore entity for global operations

Interested in other offshore jurisdictions? JAFZA Offshore and Ajman Free Zone Offshore also offer competitive advantages.

Offshore vs. Free Zone Company in RAK

Wondering which is better? Learn the difference between RAK Free Zone Company Formation and Offshore companies.

• Offshore Company RAK: Cannot trade inside the UAE, does not issue visas, suited for international operations and investments.
• Free Zone Company: Can operate within the RAKEZ Free Zone and other UAE Free Zones, is eligible for residency visas, and requires physical office space.

Documents Required for RAK Offshore Company Registration

To successfully register your RAK Offshore company, you must prepare specific documentation based on your shareholder type. Proper submission of these documents ensures a fast and hassle-free incorporation process.

For Individual Shareholders:

Individual shareholders must provide identity and address verification documents to complete the RAK Offshore company registration. These documents help establish transparency and compliance with RAK ICC regulations.

• Passport copy of each shareholder
• Proof of address (utility bill or bank statement)
• CV or business profile
• Bank reference letter
• Three preferred company names for approval

For Corporate Shareholders:

Corporate shareholders need to submit company formation documents and board approvals to register a RAK Offshore company. These ensure the legal authority and structure of the parent entity are clearly documented.

• Certificate of Incorporation of the parent company
• Memorandum and Articles of Association (MOA)
• Board resolution approving offshore company setup
• Passport copies of directors and shareholders

Permitted Business Activities for RAK Offshore Companies

RAK Offshore companies can engage in a wide range of international activities, making them ideal for global business ventures. These permitted activities are designed to support asset protection, investment holding, and cross-border trade.

• International trade and consultancy services
• Holding shares in other companies
• Owning real estate in approved freehold zones
• Managing intellectual property (patents, trademarks)
• Investment and asset holding

Note: Banking, insurance, and reinsurance activities are not permitted under RAK offshore regulations.

RAK Offshore Company Incorporation Process

The process to incorporate a RAK Offshore company is streamlined and efficient, taking just a few working days. From name reservation to bank account assistance, each step is handled with professional support.

1. Name Reservation: Submit three name options for RAK offshore company formation approval.
2. Document Submission: Provide KYC documents for shareholders and directors.
3. Incorporation Issuance: Receive Certificate of Incorporation, MOA, share certificates, and company seal within 2–3 business days.
4. Bank Account Opening: We assist you with opening a UAE bank account
in multi-currency
5. Annual Renewal: Renew your RAK offshore company license each year with the RAK Offshore Authority.

Cost of RAK Offshore Company Registration

Setting up a RAK Offshore company is not only fast but also cost-effective compared to other jurisdictions. Below is a breakdown of incorporation and renewal fees involved in maintaining your offshore business.

• Company Incorporation: USD 2,050–2,800 (covers registration, agent fee, MOA, and company stamp)
• Annual Renewal: USD 1,500–2,200 (covers renewal of offshore license and registered agent fee)
• Registered Agent & Address: Included in above packages
• Bank Account Assistance: Optional, varies by bank

Ongoing Compliance & Renewal Requirements

Once your RAK offshore company is incorporated, you must:

• Renew the offshore license annually with the RAK Offshore Authority.
• Maintain a registered agent and registered office address in RAK.
• Submit a minimal annual compliance declaration (no audit required unless mandated).
• Obtain a Good Standing Certificate each year to demonstrate compliance.

Failure to renew on time can result in fines or suspension of the offshore license.

Common Use Cases for RAK Offshore Companies

RAK Offshore companies are ideal for international entrepreneurs looking for asset protection, global expansion, and tax efficiency. Here are some of the most popular and strategic uses of RAKICC offshore entities.

• Asset Protection: Holding property or assets in the UAE, Rak and (Ajman Free Zone) is also ideal
• International Trading: Facilitating export-import activities without local UAE operations.
• Intellectual Property Holding: Safeguarding patents, trademarks, and copyrights.
• Wealth Management: Structuring family offices or estate planning trusts.
• Investment Holding: Owning shares in other companies—both domestic and international.

Why Work With a Registered Agent?

Partnering with a registered agent ensures your RAK offshore company formation is handled professionally and efficiently. From documentation to compliance, registered agents simplify the entire process and keep you legally protected.

• Expert handling of all documentation and filings
• Fast name reservation and incorporation
• Assistance with bank account setup in UAE banks
• Yearly renewal reminders and compliance support
• Direct point of contact for any changes or updates

Why Choose Us for RAKEZ Offshore Setup?

As a licensed RAK Offshore Authority agent, we provide end-to-end support, transparent pricing, and fast service. We also offer setup in various other zones like DAFZA and Dubai Mainland.

• Licensed RAK Offshore Authority registered agent
• Proven track record in RAK ICC offshore company registrations
• Transparent, all-inclusive pricing with no hidden fees
• 24/7 customer support for offshore company formation RAK queries
• End-to-end guidance, from documentation to bank account assistance

Contact Us to Start Your Offshore Company in RAKICC Today

Position your business globally with a trusted offshore jurisdiction in the UAE. RAKICC under RAKEZ offers privacy, flexibility, and tax benefits for international investors.

Special Offer: Mehar Business Solution LLC is currently offering Free VAT Registration, Corporate Tax Filing Free, and Free One Year Accounting Services for all new offshore company formation clients.

Mehar Business Solution LLC

Some FAQ About Rak Offshore Business Setup