RAK Offshore Company Formation
RAK Offshore Company Formation
One of the several Emirates that comprise the United Arab Emirates is Ras Al
Khaimah (RAK). For investors looking to launch an offshore business in Rak
International Corporate Center, it is a profitable choice. For businesses
looking to reduce their corporate tax obligations and improve asset protection,
these company formation services are perfect. With a single license, you can
combine professional services and trading. International status and value are at
stake when establishing a business in RAK. RAKICC is a cutting-edge, premier
organization registry that operates in complete accordance with the
International Company Formation sector. RAK Offshore Company Registration
promotes corporate protection and confidentiality while making tax planning
easier. Company Daddy will help you with the process of forming a RAK offshore
company.
Key Benefits of RAK Offshore Company Formation in UAE
- 100% Foreign Ownership: The fact that RAK companies requires no local shareholding makes them fully in hand of investors.
- Shares in Local Companies: Such companies can hold the shares in both Free Zone and Onshore (LLC) Companies.
- Local Bank Account: Your Offshore Company would be eligible for holding multi-currency bank accounts for international transactions.
- Fast Incorporation: The application process is robust and takes 1 week.
- 100% profit transfer: Such companies are eligible for full capital and profits repatriation.
- No requirement for annual audit: Such companies can operate without having an annual audit.
- Tax & VAT Exemption: The absence of income, wealth, & sales tax and no VAT makes it a viable option for foreign investors.
- Freedom to own real estate properties: As the name suggests, RAK Offshore Company can own freehold real estate properties in Dubai or anywhere in UAE without obtaining any trade license.