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RAK - UAE COMPANY FORMATION SERVICES

Q. Which type of RAK company do I need - RAK IC or Free Zone?

Q. Do I need to visit RAK to form a RAK IC company?

Q. What paperwork do I need to open a RAK IC company?


FREQUENTLY ASKED QUESTIONS Company incorporation Bank account opening

Q. Can I open a bank account for RAK IC company in the UAE?

Q. Can I open a bank account for RAK IC remotely elsewhere?


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RE-DOMICILIATION TO RAK

A brief guide & FAQ to re-domiciliation to RAK, UAE

Much in the way that a company can change its registered office/registered agent within the same country / jurisdiction, it can also “move” to a new jurisdiction.  Corporate re-domiciliation is the process by which a company moves its ‘domicile’ (or place of incorporation) from one jurisdiction to another by changing the country under whose laws it is registered or incorporated, whilst maintaining the same legal identity. The ease with which re-domiciliation may take place has improved in recent years.  






Ras Al Khaimah International Company, or RAK IC Company* is ideal for businesses wishing to be registered in the UAE but not intending to conduct any business within the Emirates

Why should I want to re-domicile?

Companies may re-domicile for a variety of reasons including:

a) To take advantage of more favourable tax laws - RAK is a "no-tax" emirate.

b) To avoid blacklists which are increasingly applied by various EU, and other, countries.  The UAE is not on any blacklist;

c) To take advantage of privacy provisions - RAK has no publicly accessible registry;

d) To access certain banking / capital markets.  


Ras Al Khaimah (RAK) allows companies to re-domicile from other jurisdictions, that allow it, to RAK under RAK ICC Business Companies Regulations 2016.

List of documents to be submitted for Continuation:



KYC documents for Individual Shareholder/ Director/ Secretary


KYC documents for Corporate Shareholder/Director/Secretary (if applicable)

Why RAK IC company

Advantages

Confidentiality.

No tax & no accounts.

Property ownership for non-residents in UAE free zones.

Very good reputation.

Directors and/or shareholders do not need to be present in the UAE for incorporation.




UAE

Ras al-Khaimah (RAK, UAE) is one of the seven emirates that comprise the United Arab Emirates (UAE).

RAK (Ras Al Khaimah) is located on the eastern side of the Arabian Gulf. It is about an hours drive from Dubai and from Dubai airport. A little further away is the international airport of Abu Dhabi.

Yes, I would like to re-domicile  my company to RAK Form a RAK Company

About RAK

A brief history and geography


UAE