Offshore Registration Company -  Ras Al Khaimah [RAK], United Arab Emirates

 Advantages

• No Inheritance or any other taxes.
• Cheapest incorporation in the Middle East.
• You don’t need to spend time and money getting various Embassy and Ministry of Foreign Affairs attestation if you are using the company in the Middle East.
• Simple Know Your Client documents required.
• Also Double Tax treaties are applicable to these companies.
• Also these companies can own property within the free zone.

Corporate Legislation Source: RAK Offshore International Business Companies Regulations of 2006.

Company Status: Exempt from all taxes.

Usual Minimum Capital: USD 1.00

Company Name: Prior approval required.  Can end their names with Ltd., S.A., NV.

Time Taken To Incorporate: Incorporation takes 2 days, ONLY

Activity: Any kind of business activity ( Can have 5 activity in one license, and allows you to do International trade or business only)

Fees: 

 Total fees shall be US$ 4,500/- including government fees and our professional fees per annum to act as a Registered agent, subsequent annual renewal fee US$ 2,000/-

 Residency:
An owner/director is NOT automatically entitled to get residence visa in the UAE

REQUIRED DOCUMENTS:

 The following documents are required for formation of the offshore company:

For individuals:

1.    C.V. (personal profile) of shareholders and directors

2.    Passport copy of shareholders and directors

3.    Bank Reference statement of the shareholder

4.    Utility bill (Original for proof of address)

The application form and Memorandum & Articles of association are prepared and signed in front of Global resource staff. It the shareholder is unable to come to Dubai , the Memorandum & Application form can be send to your address for signature.

Global Resources will be happy to aid you in incorporating your offshore company in the UAE. All comments and enquires are welcome and hope to serve you to the maximum satisfaction.