Offshore Company Formation in RAK
Expand your business beyond borders. Establish your international presence in Ras Al Khaimah with 100% foreign ownership, zero taxes, and full privacy. We guide you through every step, from offshore company registration and documentation to bank account setup, making global business seamless and secure.
What is a RAK Offshore Company
A RAK offshore company is a legal entity established under the Ras Al Khaimah International Corporate Centre (RAK ICC). It is specially designed for entrepreneurs and investors looking to manage international business operations and global assets outside the UAE mainland. One of its key advantages is complete privacy for shareholders and directors, along with zero corporate taxation, making it an attractive choice for global investors.
RAK offshore companies operate strictly outside the UAE, meaning they cannot carry out business within the mainland. This structure is ideal for holding companies, asset management, intellectual property ownership, and international trade. It provides flexibility to manage cross-border operations efficiently while keeping company and shareholder details confidential.
Setting up a RAK offshore company is fast, simple, and cost-effective. Registration can be completed within two to four working days, and the company enjoys strong recognition by international banks and financial institutions. This makes it a perfect solution for entrepreneurs seeking a reliable, low-maintenance structure for international business expansion and global investment planning.
Benefits of Establishing an Offshore Company in RAK
Offshore companies offer zero taxes, full privacy, global market access, and secure international banking for smarter asset protection.
- Full profit and capital repatriation
- No UAE residency or visa needed
- Complete privacy and confidentiality
- International bank access available
- Fastest incorporation in UAE offshore
- Flexible structure for asset holding
- No minimum capital required
- Tax-free global trade and investment
Features
Flexible corporate setup
Easy share transfers
No minimum capital
Global business credibility
Multi-currency accounts
Minimal compliance requirements
Permitted Business Activities in RAK Offshore
RAK offshore companies do not get trade licenses. Instead, they receive a Certificate of Incorporation to carry out specific international activities outside the UAE mainland. They are ideal for global trading, asset management, investments, and international operations requiring tax neutrality and privacy.
International Trading
−Conduct import-export, merchandise trading, and wholesale or retail internationally. Operations within the UAE mainland or direct trade with local residents are not allowed.
Investment and Asset Management
+Professional and Consulting Services
+Intellectual Property Holding
+Holding Company Structure
+Business Entity Types for RAK Offshore
- Limited Company – At least one shareholder and director; full privacy; ownership confidential; corporate shareholders permitted.
- Holding Company – Holds international investments and properties; up to 3 UAE properties; strong asset protection framework.
- Trading Company – Handles global import-export and trade; cannot operate in UAE mainland; allows flexible international growth.
Bank Account Opening Process
Step 1
Choose a UAE or international bank. Compare fees, services, and transfer options. RAK banks often approve offshore accounts faster.
Step 2
Gather all documents: Certificate of Incorporation, MOA, passports, UBO, business proof, references, and a detailed business plan.
Step 3
Submit the application online or at the branch. Provide company details, shareholder info, business activities, and operational plans.
Step 4
Complete KYC verification. Attend calls or meetings if requested, and respond quickly to any additional documentation queries.
Step 5
Account approved and activated. Receive debit card and online banking access to start international transactions immediately.
Cost of RAK Offshore Company Formation
- DMCC company registration
- Assistance with company name approval
- Preparation of registration documents
- Assistance for opening bank account
- Comprehensive business support
- Dedicated account manager throughout the process
The exact costs vary by business type, agent fees, banking, and property plans.
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