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RAK OFFSHORE

RAK Offshore IBC Companies is an ideal solution for businesses that want to be registered in the United Arab Emirates, but do not intend to conduct any substantial business in the country, can opt for RAK FTZ´s International Registry Service. This service is particularly suitable for companies looking to minimise their overall tax liability, creating a company with a purely nominal equity investment, seeking asset protection or in need of establishing an exchange control trading vehicle.

The UAE is a OECD white list jurisdiction and has around 26 Double Tax Treaties in place. RAK Offshore companies have numerous uses and can provide tax relief.

Advantages and Benefits:

• Absolute privacy, confidentiality and protection of assets and information
• 100% foreign ownership
• Ability to maintain bank accounts in the UAE
• Choice of law (common law, civil law or any jurisdiction of your choice)
• Ability to issue multiple classes of shares, including Custodian shares and Restricted Bearer shares
• Own real properties in the UAE
• Minimum one director required
• No AGM or local director/shareholder requirements
• Own Intellectual Property such as Patents, Trade Marks and Copyright

RAK Offshore Companies must be registered through a Local Agent. MIK Legal Consulting are approved by RAKFTZ to prodvide this function.

For more information on RAK Offshore Company registration please contact our IBC specialist at info@miklegal.com who can assist further.