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How it Works?

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50% Discount
As part of SFM’s continued support to businesses affected by COVID-19, we are offering an exclusive 50% discount to all new Ras Al Khaimah company incorporations. Discount is effective until the 30th June 2021. Please consult our price page for more details.

Ras Al Khaimah (United Arab Emirates) Offshore Company

More Information
Steps to company formation - Ras Al-Khaimah
 
 
Upload your documents
Your account manager will ask you for official documents which are required for your company formation.
 
Register your company successfully
Once your documents have been processed your company will be successfully registered.
 
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.
 
 

Banking Options

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Ras Al Khaimah (RAK) Company
Good to Know
RAK is the most popular and cost-effective jurisdiction in the United Arab Emirates.

Companies in Ras Al Khaimah enjoys 0% Taxation, no auditing and no paid up capital requirement.

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.
Main Characteristics of Ras Al Khaimah
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 / reporting requirements.
Corporate taxation
A Ras Al-Khaimah IBC is exempt from any form of taxation and withholding taxes in the United Arab Emirates.
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 the 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, utility bill or tenancy agreement showing address of current residence or bank statement dated within last 3 months.**






Ras Al Khaimah won our best offshore jurisdiction award (3 min 55sec)


Ras al-Khaimah (UAE) Jurisdiction News


Ras Al Khaimah Launches New FTZ Authority

7 May 2017
Ras Al Khaimah, one of the seven emirates that make up the United Arab Emirates (UAE), has established a new free trade zone authority. The new authority, Ras Al Khaimah Economic Zone (RAKEZ), will oversee, regulate, and consolidate the services, facilities, and zones of the Ras Al Khaimah Free Trade Zone (RAK FTZ) and the RAK Investment Authority (RAKIA).[..]
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VAT in the UAE

13 February 2017
As announced in February 2016 by the UAE Minister of State for Financial Affairs, His Excellency Obaid Humaid Al Tayer, the UAE will introduce a Value Added Tax (VAT) of 5% beginning January 1, 2018. The six other states that make up the Gulf Cooperation Council (GCC) region will also be implementing a VAT during this time and/or by January 1, 2019 at the latest. [..]
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UAE Free Zones – The Key for Fulfilling Economic Substance Requirement

1 September 2016
Incorporating in the UAE offers the leverage to foreign businesses to keep up with the requirements of tax authorities for economic substance through its free zone (FZ) structures.[..]
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* 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.

Our Client Reviews

Our Testimonials Are Verified By Feefo, A Third Party Company

4.7 out of 5 stars customer rating
Overall Rating
96% Customer satisfaction rate, testimonials verified by Feefo.com
04-Apr-2021
Mrs. Andeea Daescu helped me quickly organise my working process and deliver the project as soon as possible. Showed excellent skills as Client Relationship Manager and communicator. Highly recommend Andreea. Communication, deadlines all met and Andreea is very professional. Splendid attitude to work.
30-Mar-2021
We have received great attention, fast and very professional. Highly recommended
30-Mar-2021
I strongly suggest SFM, great team of professional people suggesting the best solution!
30-Mar-2021
They are good at what they do, they reply very quickly and i didn't have any issue without a solution.
29-Mar-2021
Very professional. communication was clear and concise. Response time was minimal. The work was completed on time as promised.
28-Mar-2021
Excellent coordination with professional attitude to get things done.
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