1. 100% Foreign Ownership

Unlike many other jurisdictions, RAK Offshore allows investors full ownership of their companies. You don’t need a local partner, giving you total control over your business decisions and profits.

2. Zero Taxation

One of the major attractions of RAK Offshore is its zero-tax policy. Businesses enjoy complete exemption from corporate and income taxes, making it a highly profitable jurisdiction for global entrepreneurs.

3. Complete Privacy and Confidentiality

RAK Offshore offers strict confidentiality regarding shareholder and director information. Your company’s financial and operational details remain private, ensuring full discretion in your international dealings.

4. Fast and Simple Registration Process

The business registration process in RAK Offshore is quick and hassle-free. With the right guidance, your company can be set up within a few days, saving you valuable time and effort.

5. No Office Requirement

Unlike mainland or free zone companies, offshore businesses in RAK do not need to rent physical office space. This makes it a cost-effective solution for startups, consultants, and investors who want a UAE presence without high overhead costs.

6. Global Banking and Investment Opportunities

RAK Offshore companies can open corporate bank accounts both locally and internationally. This makes it easier to manage funds, handle global transactions, and diversify investments seamlessly.

Legal Structure and Requirements

Setting up a RAK Offshore company requires minimal documentation. You’ll need:

• A valid passport copy for all shareholders and directors

• Proof of address (such as a utility bill or bank statement)

• Details of company activities and structure

Once approved, you’ll receive your company incorporation certificate, memorandum of association, and other legal documents. The entire process is managed under the RAK ICC authority, which ensures transparency and compliance with international standards.