UAE Offshore - Ras Al Khaimah Offshore

Business Setup in Ras Al Khaimah Offshore

Required Documents and Steps to Obtain Your Business License in RAK Offshore

Obtaining your RAK Offshore business license is designed to be easy, and hassle-free. Here are the steps you’ll need to take to secure your license, and the documents you’ll need to send with your application:

Required Documents
  • Bank reference letter
  • Proof of residence
  • Copies of passport
  • Bank statement for the last six months
Steps to Get Your Business License
  1. Get Approval for Your Company Name
  2. Gather and Submit Required Documents
  3. Pay Necessary Fees
  4. Start Your Business

Requirements for Starting a Business in RAK ICC Offshore

Thinking of starting a business in RAK Offshore? Here are the requirements:

1. Shareholders

  • At least one shareholder is required.
  • Corporate shareholders are allowed.
  • Bearer shares are not permitted.

2. Annual Reports and Audit

  • Accounting records must be kept for seven years.
  • Submission of accounts to RAK ICC Authority on request.

3. Name and Activity Restrictions

  • Company name must end with 'Limited' or 'Incorporated'.
  • Avoid specific terms like Assurance, Bank, and Trust.

4. Local Prerequisites

  • A registered office address and agent are mandatory.
  • The agent's office can serve as the registered office.

5. Directors

  • A minimum of one director is required.
  • Corporate directors allowed.

6. Secretary

  • A secretary is required for every offshore company.

7. Timescale

  • Company registration takes three working days.
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MSZ Consultancy Can Help You Form Your Business in RAK Offshore

Unlock the potential of your business with MSZ Consultancy. Whether you're seeking guidance on setting up a business in Dubai or need assistance with legal structures, our experienced consultants are here to help. From business licensing to visa applications and PRO services, we've got you covered.

Let us steer your business towards the success it deserves. We’ll be your guide from beginning to end, and make owning a business rewarding and stress-free.

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