RAK ICC Offshore Company Setup
Our Streamlined RAK Offshore Company Formation Process & Documents Required
Steps to Get Your Business License in Ras Al Khaimah offshore
At MSZ, we have refined the company setup process into three simple, transparent steps.
Step 1: Preparation of Document & Company Name Reservation
Our experts will reserve your chosen company name and prepare all necessary incorporation documents, acting as your official RAK ICC Registered Agent.
Step 2: E-Signatures For Documents
- For UAE Residents: Sign the documents at our office.
- For International Clients: Sign the documents remotely from your home country, guided by our team. Physical document submission is currently waived for a fully remote setup.
Step 3: Company Registration & Delivery
We submit your application to RAK ICC. Your company is typically registered within 3 working days, with an urgent 1-day option available. You will receive your full corporate kit electronically and in physical form.
- Bank reference letter
- Proof of residence
- Copies of passport
- Bank statement for the last six months
Transparent Pricing Packages (Limited Time Offer)
Year-two renewal from AED 6,999 (government fee included). Packages cover up to three shareholders: additional shareholders AED 500 each.
Includes certificate of incorporation, MoA/AoA, Dubai Business Bay address, first-year agent fee. (Government fee included)
Includes all silver features + assistance with bank account opening + share certificates for shareholders.
Includes gold benefits + company stamp + letterhead + priority service.
Opening Your RAK Offshore Company Bank Account
A corporate bank account is the engine of your international business. MSZ provides dedicated facilitation and coordination with our network of partner banks to streamline the process, which typically takes 5-15 working days.
We are associated with leading local and international banks, including:
UAE Banks: Emirates NBD, Mashreq Bank, RAK Bank, ADCB, & more.
International Banks: Options in Europe, Mauritius, and the Caribbean.
We guide you in selecting the right bank based on your business activity and transaction profile, assisting with the entire application to maximize your chances of approval.
Critical Compliance: Ultimate Beneficial Owner (UBO) Declaration
All RAK ICC companies must file and maintain accurate details of their Ultimate Beneficial Owners (UBOs)
people with more than 25% ownership or control. Non-compliance can lead to fines up to AED 100K.
MSZ's Compliance Assurance:
Our legal specialists ensure your company remains fully compliant. We manage the UBO filing process end-to-end with RAK ICC and keep your updated regarding notifications, protecting you from fines & penalties and ensuring your business operates with complete transparency.
Experience
Why MSZ Consultancy is Your Ideal Partner for RAK ICC
With over 15 years of deep-rooted experience in the UAE, MSZ Consultancy offers more than just company formation – we give you security & peace of mind.
- Expert Guidance: Navigate UBO, Economic Substance Regulations (ESR), and compliance with confidence.
- End-to-End Service: From initial consultation to license renewal and bank account facilitation.
- Proven Track Record: We have helped hundreds of businesses and investors establish their presence.
- Dedicated Consultant: A single point of contact throughout your journey.
Stop researching. Start building.
Let us transform the complexity of offshore setup into a straightforward, rewarding experience. Your global business ambitions are within reach.
[Contact MSZ Consultancy Today for a Free Consultation]
Frequently Asked Questions (FAQs)
Do you have a question about starting a company in the UAE? We’ve answered some of the most frequently asked questions about what you can expect:
The cost is a competitive package fee that includes government charges and our registered agent services. Contact us for a detailed, all-inclusive quote with no hidden fees.
From document collection to company registration, the standard process is completed within 5-7 business days.
Yes. Following a landmark MOU between RAK ICC and the Dubai Land Department, your company can legally own property in over 23 freehold areas, including Dubai Marina, Palm Jumeirah, and Downtown Dubai. We assist in obtaining the required No-Objection Certificate.
A RAK offshore company is ideal for:
- International trading and consulting
- Holding companies (assets, shares, intellectual property)
- Estate and wealth planning
- Ship and yacht ownership
- Owning real estate in permitted jurisdictions
You need a minimum of one shareholder and one director, who can be the same person and of any nationality. Corporate shareholders and directors are also permitted.
With over 15 years of deep-rooted experience in the UAE, MSZ Consultancy offers more than just company formation – we give you security & peace of mind.
- Expert Guidance: Navigate UBO, Economic Substance Regulations (ESR), and compliance with confidence.
- End-to-End Service: From initial consultation to license renewal and bank account facilitation.
- Proven Track Record: We have helped hundreds of businesses and investors establish their presence.
- Dedicated Consultant: A single point of contact throughout your journey.