What is corporate profit tax for companies registered with RAK International Corporate Centre (ICC)?

Companies incorporated under RAK Business Companies Regulations 2018 are exempt from corporate income tax, capital gains, withholding, estate, inheritance, succession tax or stamp duty.

What are annual compliance requirements for a company incorporated in RAK?

A company has to maintain at all times at least one director, on shareholder along with a local registered agent and registered office address in RAK. There is no need for filing tax returns or submitting financial accounts. For further information, we recommend checking out our ComplyMate guide that covers all the essential annual compliance requirements you need to meet.

What types of company can be incorporated with RAK ICC?

A RAK ICC company can be registered in the following types: Company limited by shares Company limited by guarantee Unlimited company Company limited by shares is the most popular one among others.

What types of activities are suitable for a RAK ICC company (limited by shares)?

A RAK ICC company can adapt multiple business objectives such as follows: International business company facilitating global investment and trade; Holding company; SPV holding real estates or other assets; Joint venture; Wealth management and asset protection.

What is the minimum number of directors/shareholder required?

A company should, at all times have at least one director and one shareholder. Company members could be of any nationality and can be body corporate given that one natural director is available.

Registers of company directors and members have to be filed with the Registrar for registration. However, particulars related to company members are not disclosed to the public.

A company should, at all times have at least one director and one shareholder. Company members could be of any nationality and can be body corporate given that one natural director is available.

Is there minimum registered capital for a RAK ICC company?

The share capital has no required minimum registered amount and can be expressed in any currency.

What classes of shares are allowed to be issued?

Registered or ordinary shares, shares with preferential rights related to voting, redemption or dividend, non-voting shares, par value and non-par value shares. Bearer shares are not permitted.

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Company Formation

RAK

RAK Offshore Company Formation For Global Businesses

RAK offshore company formation with BBCIncorp gives you a clear path from documentation to compliance and long-term assistance.

Get Started

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

HSBC

Standard Chartered

UOB

CIMB

Payoneer

+ more partners

RAK Offshore Company Formation For Global Businesses

RAK Offshore Company Formation Service Packages

International Company (IC)

basic

US$2999

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new Ras Al Khaimah Private Limited Company from the beginning** All-in renewal fee at US$2,999

standard

US$3399

Get Started

Everything in the Basic package

Open A Bank Account

One-time fee for application of one bank
Bank account introduction for any bank in the supported list
Certificate of Incumbency (if required)

premium

US$3699

Get Started

Everything in the Standard package

Premium Banking Support

One-time fee for application of up to 5 banks OR until the account is opened, whichever comes first
Consulting on suitable alternatives if the first application is not approved
Remote bank account opening
Fast response even on weekends
Frequent updates on the bank account opening process

basic

standard

premium

basic

US$2999

Get Started

Company Formation

Unlimited Name Availability Check
Document Preparation and Filing
Company incorporation process
01 year Company Secretarial service
01 year Registered Agent & Local Registered Address
All Government fee in 01 year
Digital corporate documents

* This Package includes everything for a foreigner to set up a new Ras Al Khaimah Private Limited Company from the beginning** All-in renewal fee at US$2,999

Refund Guarantee

We refund your money in full for any RAK company formation services that we cannot deliver.

Read our policy

Supporting your RAK offshore company beyond incorporation

Benefit from a fast-growing UAE business hub supported by strong infrastructure and expert guidance.

Cross-Border Structuring Expertise

Global Banking
Support

Secure Client
Portal

Regulatory & Compliance Guidance

Our RAK Offshore Company Registration Process

Begin your RAK offshore company formation with a simple and well-structured setup process.

Place order

You do

Select formation package

We do

Review your request

Make payment

You do

Complete secure payment

We do

Generate invoice and receipt

Proceed KYC

You do

Provide required documents

We do

Verify & submit to registry

Receive docs

You do

Review & download company docs

We do

Prepare certified documents

KYC documents checklist

Compliance gate

What you'll need to complete eKYC verification

For Individual

The following proofs are required for all company members.

Proof of identity

A certified true copy (scanned version) of the passport (valid for at least 6 months);

A certified true copy (scanned version) of the UAE ID or visa if any.

A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.

See sample of a certified true copy

Proof of address

A certified true copy (scanned) of address proof (e.g., bank reference, bank statement, utility bill, or driver’s license), issued within the last 3 months.

The document must clearly show the holder’s full name and residential address in English. P.O. Box addresses are not accepted.

Proof of fund source

A bank statement or relevant document confirming the source of funds and wealth.

For corporate or entity

Corporate verification includes two parts: company documents and KYC proofs for every associated member.

Company documents

Please provide us with certified true copy (scanned version) of the following company documents:

Certificate of Incorporation;

Memorandum and Articles of Association/Constitution;

Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).

In case the company documents can be certified via official government site, there is no need to submit certified copies.

Company members

All members must provide Proof of identity and Proof of address (same as Individual requirements)

Note:

Documents must be Certified True Copy / notarized by a Notary Public within the last 3 months
Documents must be in English or officially translated into English
Requirements may vary by case. Talk to our team for confirmation.

Why Choose RAK Offshore Company Setup

Built to support international ventures pursuing cross-border growth and operational efficiency.

Tax-neutral international structure

Tax-neutral environment for international activities

No withholding or capital gains tax

Suitable for holding and investment structures

Flexible corporate ownership

100% foreign ownership allowed

No local sponsor required

No minimum share capital requirement

Simple administration and confidentiality

Confidential shareholder information

Minimal reporting obligations

No physical office requirement

What our clients say

Customer Review

"BBCIncorp’s support was excellent, with transparent services and costs, and their attention to detail is second to none"

Irfan Khan

Hypermine

Customer Review

"I am really fond of BBCIncorp’s professionalism and transparency and looking forward to a long-term association."

Shraddha Khattri, Co-Founder

StartUP TRU

Customer Review

"BBCIncorp is the most suitable partner for us, I was impressed with their services in all steps."

Phong Dao, Managing Lawyer

Investpush Legal

Customer Review

"Working with BBCIncorp was a great experience, we will gladly work again with them"

Abel Caro, Executive VP & Chief Legal Officer

Alfa Solutions Corp

Customer Review

"I would highlight BBCIncorp’s promptness to keep us updated and the sensitive human touch in document management and personal interaction."

Beth B. Lawton, Assistant to General Director

Foster Swiss

Customer Review

"The process of opening the BVI company with BBCIncorp was very smooth, I don’t recall doing much except for filling out a couple of forms."

Pavlos Polianidis, Chief Technology Officer

Apocentre

Customer Review

"I am very happy with BBCIncorp's service. 10/10"

Claudia Nel, Managing Director

Sure Medical

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Frequently Asked Questions

What are restrictions on activities of a RAK ICC company?

A RAK international company is not permitted to carry on business activities within the zone or UAE. However, an international company can hold shares, assets in both local and international registered companies.

How should I name an international business company in RAK?

The name of a newly incorporated company has to satisfy with following the conditions:

Comprise of no more than one hundred permitted characters.
The name of a limited company must end with words “Limited”, “Incorporated” or their abbreviations “Ltd”, “Inc”.
Not identical to names of existing companies or names appeared in the reserved name list of the Registrar.
Must not contain the restricted list of words such as bank, council, credit, fund, forex…
In the opinion of the Registrar, the name is offensive or contrary to public policy or public interest.

Are corporate directors/shareholders permitted?

Yes, corporate shareholders/directors of any nationality are allowed.

What are the requirements for annual company maintenance?

Maintaining a RAK ICC company demands:

One director/shareholder;
Local registered agent and registered address;
Filing annual return.

Is bearer share allowed in RAK?

A RAK ICC company can issue shares of any type except bearer shares. Moreover, a foreign company who wish to continue into RAK ICC has to convert previously issued bearer shares to registered shares.

What types of fee do RAK offshore company pay?

RAK offshore company registration will need to pay the following kinds of payment:

Statutory fees such as the government incorporation fee, annual license fee
Service fee (if applicable)
Check out our RAK company formation packages to see what we have to offer.

What is the RAK offshore company formation cost?

RAK offshore company formation costs are structured based on different service options, typically ranging from US$2999 - US$3699 depending on your requirements.

These service packages are designed to cover both the incorporation process and ongoing business needs.

Refer to our Service Pricing Packages above for a detailed breakdown, or contact us today to receive a quote tailored to your business needs.

Company Incorporation

Open Business Account

Nominee Director Shareholder

Accounting & Auditing

Company Secretary

Virtual Office

Enterprise Accountant

RAK Offshore Company Formation For Global Businesses

RAK Offshore Company Formation Service Packages