Why Choose Ras Al Khaimah Offshore?

Benefits

  • 100% foreign ownership.
  • No corporate or personal income tax.
  • Full repatriation of profits and capital.
  • Confidentiality and privacy of business operations.
  • No requirement for physical office space in Ras Al Khaimah.
  • Exemption from import/export duties.
  • Ability to open corporate bank accounts.
  • Ideal for holding companies, asset protection, and international trading.
  • Cost-effective and efficient company setup process.
  • No currency restrictions for international transactions.
  • Access to RAK's business-friendly environment and infrastructure.

Costs

  • Company Registration: AED 10,000 - AED 18,000 (one-time).
  • Annual Renewal Fees: AED 5,000 - AED 9,000.
  • Registered Agent Fees: AED 2,500 - AED 4,500/year.
  • Visa Costs: Not applicable (offshore companies do not provide visas).
  • Additional Services (e.g., bank account opening): AED 3,000 - AED 6,000.

Requirements

  • Choose a business activity approved for offshore companies.
  • Appoint a registered agent (mandatory for offshore companies).
  • Submit a completed application form with required documents.
  • Provide passport copies of shareholders and directors.
  • No need for a local sponsor or physical office in Ras Al Khaimah.
  • Minimum of one shareholder and one director (can be the same person).
  • No minimum capital requirement.
  • Memorandum and Articles of Association (MOA) must be submitted.
  • Proof of address for shareholders and directors.

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