Offshore Company Re-domiciliation to RAK ICC
✅Retain your company name ✅ Preserve legal and banking records ✅ Ensure business continuity
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- Offshore Company Re-domiciliation to RAK ICC
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Process
Here is the process for changing the domicile of offshore company to RAK ICC and bank account opening.
Step 1 – Preparation of Company Documents
We will verify the availability of your company name and prepare the necessary paperwork. Additionally, we will gather all required documents for the change of domicile to RAK ICC.
Step 2 – Signing of Company Documents
For UAE Residents:
Visit our office in Business Bay, Dubai, UAE, to sign your company documents.
For Non-UAE Residents:
We will provide a specimen signature form, which must be signed before a notary public in your country of residence and returned in its original form. All other company documents should be printed, signed at your office or home, and sent back to us in originals.
Step 3 – Changing the Domicile of Your Company
Regular Requests:
We will submit your company documents to RAK ICC for the change of domicile. The process typically takes around five (5) working days.
Urgent Requests:
For expedited service, the change of domicile can be completed within one (1) working day for an additional fee of AED 1,700.
Key Features
Here are some of the key features of RAK offshore companies
Category | Details |
---|---|
RAK ICC | RAK International Corporate Centre (RAK ICC or RAKICC) is a Corporate Registry established in the Emirate of Ras Al Khaimah, UAE. |
Type of Company | International business company that can operate globally or serve as a holding company. |
Information & Confidentiality | RAK ICC does not maintain a public register of company shareholders or officers, ensuring confidentiality as per applicable laws. |
Accounting Requirements | No accounting or reporting requirements for RAK offshore companies. |
Taxes | Exempt from all taxation in the United Arab Emirates. |
Laws | Provides a modern offshore legislative framework based on UAE law. |
100% Ownership | Full foreign ownership is allowed, with no requirement for a UAE national partner. |
Time Zone | Convenient world time zone: GMT+4. |
Paid-up Capital Requirement | No paid-up capital requirement. |
Minimum Directors/Shareholders | Requires at least one director and one shareholder. |
Bearer Shares | Not permitted. |
Government Departments
We assist you with procedures across the following government departments.
