RAK Offshore Company Formation
Establish your global presence with a RAK offshore company. Benefit from 100% tax exemptions, full privacy, and a fast, remote registration process - no UAE visit required.
Reviews
Establish your global presence with a RAK offshore company. Benefit from 100% tax exemptions, full privacy, and a fast, remote registration process - no UAE visit required.
Reviews
Ras Al Khaimah is a leading offshore jurisdiction in the UAE. An RAK offshore company allows investors and entrepreneurs to hold assets, manage international operations, and create a tax-efficient structure without requiring a physical office or local employees in the UAE.
RAK offshore companies are registered under the RAK ICC (Ras Al Khaimah International Corporate Centre), which operates under Decree No. 12 of 2015 (later updated by Decree No. 4 of 2016) and is governed by the RAK ICC Business Companies Regulations 2018. Only authorised registered agents can facilitate the RAK offshore company registration process.
Shuraa Business Setup is a licensed registered agent with RAK ICC, authorised to incorporate RAK offshore companies on your behalf. We handle the entire registration process, including paperwork, document collection, submission, and certificate issuance.
Setting up an offshore company in Ras Al Khaimah provides significant advantages. These are the key reasons investors from over 100 countries select this jurisdiction:
RAK ICC permits the registration of various offshore company structures. The appropriate structure depends on your business objectives, ownership arrangement, and intended activities.
The most common RAK offshore structure. Shareholders’ liability is limited to the value of their shares. It is suitable for holding companies, trading entities, and investment structures.
Combines the benefits of limited liability protection and flexible management. It is preferred for businesses with multiple stakeholders.
It is primarily used for investment or fund management, in which assets and liabilities within each portfolio are legally separated.
This less common structure does not limit shareholder liability. It is rarely selected but may be appropriate in certain legal situations.
Note: Company names under RAK ICC must end with 'Limited' or 'Incorporated'. Certain restricted words, including Bank, Insurance, Royal, Fund, and Trust, require special approval.
The documentation required to register an RAK offshore company is straightforward. Please prepare the following:
Our process ensures your RAK offshore company formation is efficient and straightforward.
Although RAK offshore companies benefit from considerable operational flexibility, all registered entities are required to fulfil specific compliance obligations.
Under Cabinet Decision No. 58 of 2020, all RAK ICC companies must identify and report their Ultimate Beneficial Owners to the RAK ICC Authority. A UBO is any individual who owns or controls at least 25% of the capital or voting rights or otherwise exercises ultimate control over the entity. Companies must maintain both the Real Beneficiary Register (RBR) and the Partners or Shareholders Register (PSR).
If a RAK offshore company engages in any of the nine Relevant Activities, such as Banking, Insurance, Investment Fund Management, Lease-Finance, Headquarters, Shipping, Holding Company, Intellectual Property, or Distribution and Service Centre, it must comply with ESR requirements. This includes filing annual notifications, completing ESR assessments, and submitting reports to the relevant authority.
RAK offshore companies must maintain accurate accounting records for at least seven years from the date of preparation. These records must be approved and signed by at least one director. Submission of accounts to RAK ICC is optional.
Minimum 1 shareholder (individual or corporate)
Minimum 1 director (can be the same as the shareholder)
1 company secretary mandatory
Registered office and registered agent in the UAE (Shuraa fulfils this role)
Bearer shares are prohibited.
Ras Al Khaimah offers competitive pricing for offshore incorporation. The setup cost for a RAK offshore company starts at AED 12,000*, covering government registration fees and registered agent charges.
Number of shareholders and directors
Type of company structure selected
Additional services such as bank account opening or ESR filing
Notarisation and attestation requirements for overseas documents
For a precise and transparent quote tailored to your needs, please contact our advisors.
*Prices are indicative and subject to change based on RAK ICC authority fees. Contact Shuraa for an up-to-date quote.
As a licensed registered agent with RAK ICC, Shuraa is authorised to incorporate RAK offshore companies for investors. We provide comprehensive support, including:
RAK offshore company registration and incorporation
Company name availability check and reservations
Preparation and verification of required documents
Submission of applications to RAK ICC
UBO declarations and compliance support
ESR filings and assessments, if applicable
Registered office and agent services
Assistance with corporate bank account openings
Ongoing renewal and compliance management
Ajman Offshore and JAFZA Offshore company registrations
With over 26 years of experience in UAE business setup, Shuraa has assisted thousands of international investors and entrepreneurs in establishing offshore companies efficiently and cost-effectively. Here is what distinguishes us:
As one of the few UAE-based consultancies authorised to directly incorporate companies under RAK ICC, we offer faster processing without intermediaries.
Shuraa serves as your single point of contact for offshore company formation, bank account opening, visa services, accounting, and legal support.
We offer transparent, upfront pricing with no hidden fees and tailor our packages to your requirements.
Our multilingual specialists understand the UAE's offshore regulations, ensuring a straightforward, stress-free process for you.
Most RAK offshore company registrations are completed within 1 to 3 working days of document submission.
Shuraa Business Setup is the highest-rated business setup consultancy in the UAE, providing expert guidance and comprehensive service to help entrepreneurs establish and grow their businesses seamlessly.
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Your feedback helps other entrepreneurs make the right choice.
An RAK offshore company is a legal entity registered in Ras Al Khaimah, UAE, through the RAK ICC (International Corporate Centre). It is intended for international business, asset holding, and investment management, but cannot trade directly within the UAE domestic market.
Foreign nationals and non-UAE residents may establish an RAK offshore company. No local sponsor or UAE national partner is required. Only authorised registered agents, such as Shuraa, can submit incorporation applications on your behalf.
Generally, no. As RAK offshore companies are non-resident and cannot conduct business in the UAE, their international earnings are usually not subject to the 9% UAE Corporate Tax. However, all entities must register for Corporate Tax within three months of formation to remain compliant.
The setup cost for an RAK offshore company starts from AED 12,000*. The total may vary depending on the number of shareholders, company structure, compliance services, and document attestation. Contact Shuraa for an exact quote.
UBO stands for Ultimate Beneficial Owner, meaning any individual who owns or controls at least 25% of the company. Under Cabinet Decision No. 58 of 2020, all RAK ICC companies must disclose UBO information and maintain the Real Beneficiary Register (RBR) and Partners or Shareholders Register (PSR).
Yes. Both individuals and corporate entities may hold shares in an RAK offshore company. Corporate shareholders must provide supporting documents, such as the Certificate of Incorporation and Board Resolution.
One conversation is all it takes. Connect with our experts for personalised advice on business setup and company formation in Dubai or across the UAE.
