what is rak
About RAK International Company (RAK IC)
RAK International Company (RAK IC) offers a convenient solution for businesses that want to be registered in the UAE without conducting any business within the Emirates. This type of company is perfect for offshore businesses, international trading companies, and consulting firms. RAK IC provides a host of benefits, including 100% foreign ownership, no taxes, no restrictions on the repatriation of profits, and no annual reporting requirements.
difference between rak ic and rak fz
RAK IC and RAK FZ - Choose the Best Choice for Your Business
RAK International Companies (RAK IC) and RAK Free Zone Companies (RAK FZ) are two types of business entity available in the UAE RAK.
A RAK IC is perfect for businesses looking to register in the UAE but not intending to conduct any business within the Emirates.
On the other hand, RAK FZ is suitable for those who require a work permit for one or more persons and a license to conduct business. Both RAK IC and RAK FZ offer several advantages, including 100% ownership, tax exemptions, no currency restrictions, and easy access to global markets.
You can easily optimise your business operations and achieve your goals by choosing between RAK IC and RAK FZ.
And let's not forget
Why Choose a RAK International Company?
At International Formations, we provide various services for businesses wishing to register a company in the UAE but not intending to conduct business within the Emirates.
Formarak is a trading name of Dragon Capital Markets Pte Ltd of Singapore, which also trades as International Formations.
To read more about RAK companies, please visit our RAK page on International Formations.
Contact us
RAK International Company - RAK IC - by Dragon Capital Markets Pte. Ltd.