Offshore Company Formation
Offshore is the process in which the company operated or managed outside of the country in which it is registered or outside of the country in which owners and shareholders have residence. Means both you will have an offshore license and definitely can open a company bank account inside the country only without bringing any business or products inside the UAE.
To proceed with UAE offshore incorporation requires an agent, you will need to choose one in order to register your company. Future Vision will assist you accordingly from A-Z complete formation of offshore license up to bank account opening.
BENEFITS OF OFFSHORE COMPANY FORMATION IN UAE
RESTRICTIONS OF OFFSHORE COMPANY FORMATION IN UAE
RAK Offshore Company
RAK offshore or RAK IBC is usually used as a synonym for an offshore company registered with RAKICC in the Emirate of Ras Al Khaimah. Before the consolidation of the corporate registry in 2016, RAK Offshore existed as an independent as part of RAK Investment Authority.
RAK International Corporate Centre (RAK ICC or RAKICC) is a Corporate Registry established in the Emirate of Ras Al Khaimah, United Arab Emirates. It is the international business company that can carry out business internationally or act as a holding company. RAK ICC does not keep any public register relating to company shareholders or officers. This information is kept confidential in accordance with the applicable laws. There is no accounting or reporting requirements for RAK offshore companies. Offshore companies are exempt from all taxation in the United Arab Emirates. RAK offshore company requires a minimum of 1 director and 1 shareholder.