Start Your Offshore Company Formation

Interested in forming an offshore company?
Turn to the unrivalled expertise of A1 Global Formations.

  • Why choose a RAK Company Offshore Company Formation?

    Main features of RAK Company company registration

    • RAK Company offshore companies benefit from no duties or taxes
    • Only one shareholder and one director required and board meetings can be held anywhere in the world
    • Both registered and bearer shares are available and the holders can convert their shares into the other type if desired
    • Bearer shares must be kept in custody by a licensed registered agent
    • Directors can choose the country in which they wish to keep accounting minutes, records and books
    • A RAK Company offshore company can maintain bank accounts in the United Arab Emirates

    RAK Company offshore company formation, nominees, bank accounts and mail forwarding

    As specialists in RAK Company offshore company formations, whether you’re looking for a simple offshore company registration or a complex structure (including offshore Trusts), A1 Global Formations can help. We also provide a comprehensive range of admin services for RAK Company companies, including the provision of nominee director, nominee shareholder, bank account services and mail forwarding.

    Our expert RAK Company company formation and company registration team has established affiliations with local RAK Company company agents and extensive knowledge of the legal requirements for company formation in RAK Company. We also guarantee that all company filing documents and fees are up-to-date and will notify you of any compliance changes in RAK Company.

    If you require us to take over the management of your existing RAK Company offshore company, we can usually do so at no extra cost.

    To speak to an expert RAK Company company formation/registration advisor, please call

     

    +44 208 371 2440

     

     

    Buy Online

    RAK Company

    Year One Price £2,150.00

    Year Two Price £1,699.00

    What's Included in The Formation Price:

    • Certificate of Incorporation
    • Certified bound copy of the Memorandum and Articles of Association
    • Registered office and agent fee for the first year
    • Government fees for the first year
    • Company Secretarial Maintenance for first year
    • Issued Share Certificate
    • Register of Directors
    • Appointment of First Director
    • Consent letters etc
    • Company Share Register
    • Company Seal

    Additional Information for RAK Company

    Background to Dubai Company Registration

    Dubai offshore company formation/registration

    A1 Global Formations is able to incorporate a Dubai offshore company (Ras Al Khaimah International Company or Jebel Ali Free Zone). The process usually takes up to five days.

    Offshore company banking in Dubai

    A1 Global Formations saves you time and hassle by working closely with a number of banks, including Barclays, Standard Chartered and ADCB in UAE, so we can incorporate Dubai companies with a choice of offshore bank accounts.

    Anonymity and disclosure in a Dubai offshore company

    A Dubai registered company provides very good privacy. With a Ras Al Khaimah International Company (RAKIC) formation there is no register of directors or shareholders, which maintains total anonymity. The company however must have at least one shareholder and one director to comply with the regulations in the Free Trade Zone. Corporate shareholders are also permitted.

    The total anonymity offered by a Dubai offshore company formation means a Dubai offshore company registration is a popular choice in asset protection schemes. The dobule tax treaty does mean however overseas tax authorities can use any exchange of information provisions to request information from the Dubai tax authorities.

    To be guaranteed to be free from Dubai taxes for 50 years, many businesses and in particular, e-commerce businesses, form a British Virgin Islands or Panama offshore company and then register it in one of the free trade zones. The Dubai Internet City (DIC) for example is a free trade zone specifically for ecommerce business. This technique also offers asset protection since a good offshore jurisdiction would ensure there would be no disclosure of shareholders and disclosure of directors may potentially be limited to just nominee directors.

    Shares in a Dubai offshore company formation

    For a Ras Al Khaimah International Company (RAKIC), the minimum share capital is AED1,000. Share capital must be denominated in UAE Dirhams (AED) divided into shares of AED1,000 each. If you wish, with a Dubai offshore company formation you can create different classes of shares in one or more series having their own rights, privileges, conditions and restrictions. Bearer shares are permitted but a licensed registered agent must hold the details of the company’s beneficial owners.

    Dubai Offshore Company Formation

    Tax benefits of a Dubai offshore company formation

    For UK investors looking to capitalise on a booming property market or earn a tax-free salary, Dubai has rapidly increased in popularity. Dubai offers individuals:

    • No income tax
    • No capital gains tax
    • No inheritance tax
    • No sales tax

    Tax liability of a Dubai offshore company

    In comparison to other tax haven countries, Dubai performs well as a location for an offshore company registration. Dubai is part of the United Arab Emirates (UAE) so it has approximately forty-five tax treaties, which allow Dubai companies reduced withholding taxes on dividends and restricting tax overseas. Dubai is also on the Organisation for Economic Co-operation Development (OECD) white list for its exchange of information treaties.

    CORPORATE INFORMATION

    Type of entity Limited by shares
    Political stability Excellent
    Type of law Federal / Sharia
    Disclosure of beneficial ownership No
    Migration of domicile permitted No
    Corporate taxation Nil
    Language of name English or Arabic

    CORPORATE REQUIREMENTS

    Minimum numbers of shareholders 1
    Minimum numbers of directors 1
    Corporate directors permitted Yes
    Minimum usual authorised capital Dhs 1,000
    Fully paid Yes

    LOCAL REQUIREMENTS

    Local partner (UAE National or Company owned by UAE National) No
    Registered office / agent Yes
    Local directors No
    Local meetings No
    Government Register of Directors Yes
    Government Register of Shareholders Yes
    Local Auditor No

    ANNUAL REQUIREMENTS

    Annual Return Yes
    Submit Accounts Yes

    RECURRING GOVERNMENT COSTS

    Minimum Annual Tax/License Fee AED 2,000
    Annual Return Filing Fee AED 1,500

    Buy Online

    RAK Company

    Year One Price £2,150.00

    Year Two Price £1,699.00

    Buy Online

    RAK Company

    Year One Price £2,150.00

    Year Two Price £1,699.00