Ras Al Khaimah Company Formation
- Register your Company in Ras Al Khaimah in 1-2 days (upon validation of your identification documents)*
- Client Confidentiality & Data Protection
- Access To The World’s Largest Bank Network
- Dedicated Manager Available Throughout The Year
5 simple steps are needed to incorporate your company in RAK (UAE)
Complete our application form - Ras al-Khaimah (RAK ICC)
Complete our order form and make the payment for your chosen services. You will then be assigned a client manager to assist you through the incorporation process.
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
Incorporate your company successfully
Once your documents have been processed your company will be successfully incorporated subject to local authority approval.
Process any additional services
Your account manager will guide you through the steps of completing your request of additional services such as bank accounts.
Manage Your company via our client portal
Our client portal will give you immediate access to all your documents as well as display your company structure.
Company Formation in RAK: Benefits & Tax Advantages
- RAK is the most popular and cost-effective jurisdiction in the United Arab Emirates.
- SFM is an official registered agent in Ras Al Khaimah, approved by local authorities. Our clients therefore have the guarantee to be served at the best price, and in the best conditions.
- International Offshore Companies established in RAKICC (RAK) can take advantage of its various tax incentives.
- Efficient registration process with minimal documentation requirements.
- Strategic location with excellent infrastructure and global transportation connections.
- Business-friendly legislation that supports companies incorporating in RAKICC (RAK).
- International Offshore Companies established in RAKICC (RAK) can be used as Holding Companies to hold various assets, shares in other companies or even properties in Dubai or internationally.
Company Formation in RAK: Types & Criteria
Main Characteristics of a Ras Al Khaimah (UAE) Offshore Company
Company type
International Business Company (IBC)
Governing corporate legislation
RAK International Corporate Centre (RAKICC) is a Corporate Registry operating in Ras Al Khaimah, United Arab Emirates.
Information published relating to company officers
There is no public register of company officers. However, the particulars of the company structure are registered and must be maintained up-to-date with RAK ICC.
Confidentiality
The UAE implemented many legislations to protect the data and the privacy of the persons and the companies. More information may be found here.
Accounting requirement
No accounting filing requirements.
However, the company must maintain its underlying documentation, including accounting records, for a minimum of 7 years following the end of the relevant period.
However, the company must maintain its underlying documentation, including accounting records, for a minimum of 7 years following the end of the relevant period.
Taxation
A RAKICC entity is subject to UAE Corporate Tax, similar to all other companies established, formed, or recognized under UAE legislation. However, it is entitled to claim a foreign tax credit on the Corporate Tax owed, in accordance with Article 47 of the UAE Corporate Tax Law.
Legislation
Modern offshore legislation.
Ownership
100% foreign ownership is allowed, no requirement to have a local partner.
Communication
Efficient communication means.
Time zone
Convenient world time zone: GMT+4
Paid up capital requirement
No paid up capital requirement. The standard share capital is AED 10,000 but can be amended to fit your requirements.
Renewal Date
Anniversary date of the company / Each Year
Basis of legal system
UAE law.
Minimum directors/shareholders
Minimum of 1 director/shareholder.
Bearer shares
Bearer shares are not permitted.
Documents Required
for the Creation of a RAK Offshore Company
A certified copy 
Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information.
of your passport, a certified copy of proof of domicile dated less than three months, a curriculum vitae, as well as last 3 months' bank statement. All in original.**
RAK Offshore Company, ideal for:
Ras al-Khaimah (UAE) Offshore Jurisdiction News
SFM Welcomes UAE's Progressive Move in Golden Visa Program for Property Investors
1 February 2024
As a leading Corporate Service Provider, SFM welcomes the recent transformative shift in the United Arab Emirates' (UAE) Golden Visa program, particularly the elimination of the minimum down payment requirement for [..]
Will Services in the UAE
29 January 2024
SFM is thrilled to announce that as we continue our mission and growth, we are now able to provide among our comprehensive suite of corporate services, the Will preparation, and Registration Service in [..]
Entertainment and Gaming in Ras Al Khaimah, new Department has been Created. The Department will be Responsible for a Range of Issues
5 April 2022
It was recently announced that a new department will soon begin operating in the Ras Al Khaimah Emirate. Its purpose is to oversee everything related to the complexities of entertainment and gaming[..]
* Subject to the constraints of the due diligence procedure.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Our Client Reviews
Our Testimonials Are Verified By Feefo, A Third Party Company
Overall Rating
96%
Customer satisfaction rate, testimonials verified by Feefo.com
07-Nov-2024
Mrs. Madina is great. REally helpful
Mrs. Madina is great. REally helpful
16-Oct-2024
Helpful, proactive and good communication and very fast delivery of the requested service. Excellent!
Helpful, proactive and good communication and very fast delivery of the requested service. Excellent!
26-Sep-2024
It was really a professional service
It was really a professional service
18-Sep-2024
Brilliant assistance, always swift and professional replies, generally speaking... happy with SFM
Brilliant assistance, always swift and professional replies, generally speaking... happy with SFM
09-Aug-2024
I was particularly well received by Christelle, the Managing Partner of the Dubai branch. SFM demonstrated great agility in their quotation process, which was crucial as I was leading a nascent structure in Dubai. The support provided during the administrative procedures for establishing my company in the UAE, along with the responsiveness of the service—especially from one of their team members, Oksana—truly reassured me and gave me confidence during a stressful period of establishing a professional presence abroad. I highly recommend SFM to any professional looking to set up in the UAE or even just to benefit from their advice.
I was particularly well received by Christelle, the Managing Partner of the Dubai branch. SFM demonstrated great agility in their quotation process, which was crucial as I was leading a nascent structure in Dubai. The support provided during the administrative procedures for establishing my company in the UAE, along with the responsiveness of the service—especially from one of their team members, Oksana—truly reassured me and gave me confidence during a stressful period of establishing a professional presence abroad. I highly recommend SFM to any professional looking to set up in the UAE or even just to benefit from their advice.
02-Aug-2024
The service renderade was proactive, engaged and well excecuted.
The service renderade was proactive, engaged and well excecuted.
Understanding the Restrictions on the Business Activities of a RAK ICC Company
While RAK ICC Offshore companies are not permitted to conduct activities within the UAE, Ras Al Khaimah company formation encompasses most types of international businesses. They can even hold real estate property in Dubai. That said, some business activities are recorded as “High Risk” and, therefore, off limits. Meanwhile, some are strictly prohibited.
Prohibited Activities:
- Insurance
- Banking
- Fund management
- Gambling
- Non-profit organisations and charities
High-Risk Activities:
- Mining
- Gold and diamond trade
- Petroleum and crude oil trade
- Trusts
- Luxury goods trading
- Defence industry activities
- Cryptocurrencies
- Lending services
Which Activities Can a RAK ICC Company Conduct?
The activities your RAK ICC can conduct include (but are not limited to):
- International logistics and services
- International trade (outside the UAE)
- Project development
- Shareholding
- Patent holding and other intellectual property
What Are the Different Types of Companies Foreigners Can Set Up in RAK?
For your Ras Al Khaimah company formation, various structure options are available. Your choice will depend on your specific situation.
Limited Liability Company (LLC)
This is one of the most widely used types of registration options among small and medium-sized businesses. This structure permits 100% foreign ownership and requires one shareholder whose liability is limited to their acquisition.
Free Zone Company
Free Zone Establishments (FZE) with a single shareholder and Free Zone Companies (FZCO) with several shareholders enjoy the tax immunities and other advantages that come with operating within the designated UAE Free Zones.
Offshore Company
If you only wish to operate outside the UAE, an Offshore Company in Ras Al Khaimah will allow you to run your business with minimal reporting and accounting obligations while enjoying significant tax benefits.
Branch of a Foreign Company
Foreign companies may establish a branch office in Ras Al Khaimah to conduct similar activities there. Note that the branch’s legal identity will be indifferent from the parent company and subject to the rules of its jurisdiction.
Sole Proprietorship
Ideal for solo entrepreneurs, this structure can be run by a single person and for a specific domain of expertise (professional activity).
