RAS AL KHAMIAH

RAS AL KHAMIAH COMPANY FORMATION

General information on RAK
  • Total area: 1684 sq km
  • Population: 263,217
  • Political status: Absolute Monarchy
  • Official language: Arabic
  • Official currency – AED
What we offer
  • Register your Company in RAK 1-2 weeks.
  • The most competitive price, in complete transparency.
  • Complete confidentiality.
  • A dedicated manager available throughout the year.
  • Your company with a bank account, including e Banking and credit card. Opening by correspondence.
Incorporation Package Price

Our fees for incorporating and registration of a company in RAK are $ 2999.

From 2nd year: $ 2099 (+$550 if Nominees are required).

Incorporation Package includes
  • Professional services for preparation and submission of documents to registrar.
  • Payment of state duty for registration of a company.
  • Payment of License Fees (USD 680 on incorporation and USD 545 upon renewal).
  • Acquisition of a registered office& registered agent for 1 year.
  • Unlimited free legal consultations for 1 year.
  • Payment of government filing fees.
  • All Corporate Documents.
Basic Requirements for Company Formation
  • 1 Director.
  • 1 Shareholder.
  • Minimum requirement for authorized capital is DHs 1,000 which must be fully paid up.
  • Seek approval from the RAK Free Zone Authority.
  • Prior consent of a Federal Ministry or competent local authority will be required at the time of
  • selecting name for the company.
  • Filing incorporation request with the company registry.
  • Physical Office is required.
  • Disclosure of Beneficial Ownership to Authorities.
  • Payment of various Compliance fees.
Documents Required
  • Proof of identity (Current valid Passport, National ID card).
  • Proof of Residential Address of the chosen Shareholders and Directors.
  • Details of Company Auditors together with a letter confirming their appointment, if applicable.
  • Resolution to open a bank account, rent an office, appoint first director/shareholder, engage a Phone, Internet & Website service provider, hire a staff member/s.
  • Lawyer authored User Guide (“How to Use Your Offshore Company”).
  • Expression of wishes (i.e. an “Offshore” Will).
  • Agreement authorizing to represent the company in commercial negotiations.
  • Register of directors/shareholders.
  • Bank Certificate confirming deposit of the minimum share capital.
  • Board Resolution of each corporate shareholder approving the taking up of shares in the new company.
  • M & AA, Certificate of Incorporation (duly notarized & Apostil led and legalized at the UAE Embassy), Latest Annual returns and financial statements in case of a Corporate Shareholder.

For any queries/ additional services please send us an email or reach us on Skype at info@offshore-banking.net.  

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