RAK (Ras Al Khaimah) is one of the most respected offshore jurisdictions in the UAE. Known for its fast incorporation process, low costs, and international credibility, RAK ICC (International Corporate Centre) is a preferred choice for global investors seeking offshore structures for asset protection, holding capital, and conducting business outside the UAE.
An offshore company in RAK allows full foreign ownership, tax exemption, and banking flexibility without the need for a physical office or local staff. RAK offshore firms are not permitted to conduct business within the UAE but may own property, hold shares in UAE companies, and operate globally.
Offshore Company Formation in Ras Al Khaimah
”Kurum Group offers a complete range of consultancy and training services focused on data strategy and business performance“

Advantages of RAK Offshore Company Setup
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100% foreign ownership
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0% corporate and income tax
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No VAT, import/export duties
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No local office or employee requirement
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Total confidentiality and privacy
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Asset protection and international reputation
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Own real estate in designated UAE zones
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Low-cost setup starting from AED 12,000*
Governance & Legal Framework
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RAK ICC corporate register is governed by Decree No.12 of 2015 and updated by Decree No.4 of 2016
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Business regulations per RAK ICC Business Companies Regulations 2018
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Registered agent regulations per RAK ICC Registered Agent Regulations 2018
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UBO reporting mandatory under Cabinet Decision No. 58 of 2020
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ESR compliance required for qualifying business activities


Key Corporate Requirements
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Minimum 1 Shareholder – Individual or corporate (no bearer shares allowed)
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Minimum 1 Director – Individual or corporate (confidential, not publicly disclosed)
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Secretary – Mandatory for all RAK ICC companies
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Registered Office – Must be provided via licensed registered agent
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No Capital Requirement – Flexible structure determined by shareholders
Required Documents
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Shareholder/director passport copy
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Proof of address (utility bill or bank statement)
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CV of shareholders/directors
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3 preferred company names
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Specimen signature
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Draft MOA & AOA
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Board resolution (if applicable)
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Parent company documents (if corporate shareholder)
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UBO and ESR declarations