Ras al Khaimah

AN OFFSHORE COMPANY IN RAS AL KHAIMAH (RAK)

  • a company in RAK can be incorporated within 1 – 2 days of submitting all the necessary documents
  • full transparency
  • complete confidentiality
  • nominee director available all year round
  • company bank account, access to electronic banking, credit card
  • opening the account through correspondence

DOCUMENTS NECESSARY FOR INCORPORATION

a certified copy of passport, certification of permanent address issued maximum three months in advance, a bank reference letter or a stamped bank certificate valid for 3 months.

LIST OF INSTRUMENTS OF INCORPORATION

  • Certificate of incorporation issued by a local authority
  • Documents in respect of the scope of responsibility of the company’s secretary
  • Memorandum and Articles of Association
  • Document defining the company’s registered address and Agent
  • Share Certificate
  • Director appointment report and decision to issue shares
  • A report in respect of appointment of an agent for 1 year

ANNUAL REPORT

  • current verification of conformity of the company’s operations with the local law
  • extension of the permit for the head office’s and registered agent’s operations
  • payment of the required government fees

PRICE LIST

  • Fee for incorporation  €2900
  • Fee after the first year of operation €2000

EXTRA SERVICES PRICE LIST

  • nominee director €350
  • nominee shareholders €350
  • Internet trading account €350
  • virtual office c/o €450
  • virtual office p/o box €850
  • office with secretarial service €1900
  • designing a company logo, business card, letterhead €250
  • company seal €150
  • company stamp €70
  • notarial certification of a document and apostille €150
  • written power of attorney PoA €150

GENERAL INFORMATION ABOUT RAS AL KHAIMAH

RAK is one of the seven emirates that make up the United Arab Emirates, located approximately 60 miles north east of Dubai, in the south part of the Persian Gulf.

RAK used to be known mainly for its shipping industry and commercial activity in the maritime sector. Nowadays it is famous mainly as an industrial country.

Ras al Khaimah is the UAE’s biggest cement provider, and the world’s biggest ceramics provider. Considerable funds have been allocated to the development of the financial and investment services sector thanks to the new regulations approved by the local authorities. This in turn has entailed growing interest among companies and individuals in operating their businesses and investing in Ras al Khaimah.

IBCs can conduct international business in RAK, own real estate within the UAE, trade in shares on the stock exchanges, open bank accounts and enjoy many more advantages. It takes 48 hours to incorporate a company in RAK.

Ras al Khaimah

USEFUL INFORMATION ABOUT RAS AL KHAIMAH

The United Arab Emirates, including Ras al Khaimah, are not dependent on any other state or government. As such, the UAE are not subject to any EU regulations. Neither are they a member of the OECD, which means that they do not participate in the international exchange of information.

Panama

WHO CAN BENEFIT FROM INCORPORATING A COMPANY IN RAS AL KHAIMAH

  • online trading companies
  • advisory and consulting firms
  • international business
  • firms that deal with the protection of intellectual property rights
  • firms that deal with the management of movable and immovable property
  • inheritance planning companies
  • investment companies
Contact one of our Advisers