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When it comes to international business Ras Al Khaimah International Corporate Centre company is one of the best options available registered in the UAE. Rak company provides unique benefits to the international business including the advantages tax treatment of corporate income and other incentives.
The Emirate of Ras Al Khaimah is one of the best places to conduct business. With RAK ICC you can also open a bank account in the UAE. These accounts are highly recommendable, effective, and secure choice for your business.
How to start your company in Ras Al Khaimah ICC?
- Obtain the approval for the company name and business activities
- Sign the necessary documents and submit it to the registrar of RAKIA
- Pay the necessary registration fees
- Your business is all set to start
- Passport copies
- Bank reference letter
- Proof of residence
- Bank statement for the last 6 months of the company
Benefits of business setup in RAK
- 100% foreign ownership
- Taxation benefits
- 100% legal exemption from import and export duties
- Low-cost business setup
Why should you set up your business in Ras Al Khaimah ICC?
Incorporating your company in RAK ICC, the business owner gets the control of the company. There is no need to find a local partner and its 100% foreign ownership. There are also no restrictions on the number of shareholders and are permitted to have corporate directors
With RAK ICC company there is no minimum capital required and no need to file financial accounts. Also, the rules and regulations for opening bank accounts are easy.
Setting up a business here is highly cost-effective. The business expenses, registration, and renewals costs are extremely low. There is also no need for the requirement of office space.
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Business activities in Ras Al Khaimah ICC
- Art trading
- Production and Manufacturing
- Project Support
RAK ICC company types
A company limited by share
A company limited by guarantee
- RAK operates at 0% taxation level
- There are no import-export duties as well as no taxes on dividends
- Fast and easy registration
- Low administration cost.
- Full foreign ownership of the business
- No currency restrictions
- It has a business-friendly legal system
- The rules and regulations are flexible
- There are privacy and confidentiality guaranteed for a RAK ICC company
Setting up your business in Ras Al Khaimah ICC made easy
RAK ICC is one of the highly attractive locations and proven solutions for international business. It is one of the fastest leading destinations for business formation. RAK ICC has a record of safety, stability, and confidentiality for businessmen.
We have the local expertise and our team will guide you through the entire process. Get in touch with MSZ Consultancy to set up your business.
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