eCommerce Merchant Accounts: What They Are & Why They Matter for Global Entrepreneurs
Explore the popular topic of eCommerce Merchant Accounts - understand what they are used for and why they are important for global entrepreneurs in e-commerce.
Business setup in United Arab Emirates
RAK Offshore Company Formation within 2 days!
Open an Offshore Bank Account Virtually
Comprehensive Consultations & Assistance
Established in the UAE, RAK ICC (Ras Al Khaimah International Corporate Centre) is a premier offshore jurisdiction offering 100% foreign ownership, 0% tax on international income, and full confidentiality with no public register of shareholders or directors. Known for its fast 24 β 48-hour incorporation and low-cost maintenance, RAK ICC is ideal for holding companies, asset protection, international trading, and re-domiciliation from legacy offshore hubs.
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Explore the details of offshore company registration in RAK. Our team of experts have access to fast registration and bank accounts for Ras Al Khaimah to ensure a smooth new company setup.
RAK ICC Offshore IBC | Benefits of RAK Offshore Company (IBC) |
---|---|
RAK ICC Offshore International Business Company is suitable for: | |
Minimum 1 Company Director | 0% Corporate Tax |
Minimum 1 Shareholder | No public register |
No minimum share capital | Stable political region with business-friendly legal system |
No residency requirements | 100% online incorporation when using business setup consultants |
100% ownership for foreign investors | English Common law principles followed |
Local registered agent required | IBC re-domiciliation available |
Local registered address required | Access UAE banks |
No corporate income or capital gains tax | No Annual General Meeting required |
Bearer shares are NOT allowed | An IBC is a standalone legal person reduces legal exposure |
Company Secretary required | No reporting requirement however, records must be kept for at least 5 years |
Book a consultation to find out how you can benefit from a Offshore Company setup in the UAE today!
RAK ICC Offshore IBC is incorporated in a globally trusted jurisdiction. This gives more credibility and consumer trust.
There is no reporting requirement, although you are required to keep your financial records for at least 5 years.
With a RAK Offshore Company Formation there is no monitoring, reporting or regulation. An IBC can be extremely dynamic as they donβt have to worry about endless restrictions.
RAK ICC offshore IBCβs offer enhanced privacy with no public ownership register, making them ideal for discreet asset protection, wealth structuring, and international estate planning. Nominee available upon request.
We pride ourselves in standing out as an industry-leader in tailored incorporation solutions. Weβre more than just a simple registration agent service provider β we are a partner dedicated to the success of your international business!
Our team helps equip you with the information you need to decide the best offshore jurisdiction and corporate structure for your business entity.
Enjoy hassle-free paperwork with our team by your side, ensuring effortless incorporation and banking applications. Weβll take care of the documents, submission and help make sure you are on top of any filings needed.
All of our consultants, administrative support and reception staff are fluent English-native speakers. This ensures smooth communication with no room for misunderstandings.
Benefit from the expertise of our team of incorporation experts and partnered advisers β specialising in over 50 jurisdictions for both offshore company formation and banking services.
Find out more about our services or contact our team to discuss
Setting up an offshore company in RAK ICC can be difficult without the right support. Commonly business owners fall into pitfalls, having not used a reliable incorporation service. Ensuring that you select an experienced, trusted partner for your RAK offshore company formation is as important as choosing the right jurisdiction.
Select a unique name to suit your company, that is both available and meets the appropriate requirements for incorporation. We can help reserve your preferred company name.
Weβll help you make sure that you have all of the right documents prepared (such as certified copy of IDs and address) and ready for submission to the RAK authorities. Our team of experts will ensure that your company registration application is airtight to make sure incorporation is swift and effortless!
Once your company is incorporated, we will help you guide you through any supporting filings or submissions as well as help you prepare your corporate documents for banking applications.
Once your new company is registered, you will likely want to arrange a bank to support your businessβ operations. Choosing the best offshore bank account for your business needs is key β with our variety of partners you can be sure youβll find the right solution.
Any services which we cannot 100% deliver, we guarantee that we will refund. No questions asked. Need help with setting up a RAK ICC company? Contact our team of experts today for a consultation.
Effortless and Affordable UAE RAK IBC Offshore Company Formation with OffshoreCompanyReg
A RAK ICC offshore company is an International Business Company (IBC) formed in the United Arab Emirates under the Ras Al Khaimah International Corporate Centre. It is a non-resident corporate entity used for international operations and is different from a free zone company, which is allowed to conduct business within the UAE. RAK ICC IBCs are ideal for global structuring, asset protection, and holding company purposes across various offshore jurisdictions.
RAK ICC offers 100% foreign ownership, zero corporate tax, and no restrictions on repatriating profits. It also provides enhanced privacy, with no public register of directors or shareholders. For those seeking RAK Offshore Company Formation, it combines cost-efficiency, strategic location, and legal credibility, making it a preferred option for entrepreneurs and investors from Europe, Asia, and the Middle East.
While a RAK ICC company cannot conduct business operations in the United Arab Emirates mainland, it is perfectly suited for activities such as: Holding shares in other companies (including UAE free zone companies), Owning intellectual property (IP), International consulting services, Real estate holding (in approved jurisdictions), Global trading and investment vehicles. These business activities make the IBC structure flexible for cross-border operations and international asset planning.
The offshore company registration process requires: Valid passport copy of each shareholder and director, Proof of address (utility bill or bank statement), A preferred company name, Completed application form. Your licensed agent will assist in preparing and submitting the application to the registrar. Following incorporation you will receive: Certificate of incorporation, Register of Directors and Members, Memorandum and Articles of Association, Share Certificates
The RAK ICC company incorporation process is one of the fastest in the United Arab Emirates. With all documents in place, the company can be set up in 24 to 48 hours. This efficient registration process makes it ideal for clients looking for quick market entry or urgent structuring needs.
Yes. RAK ICC structures are commonly used for asset protection, inheritance planning, and wealth preservation. With no public disclosure of ownership, and strong privacy laws, itβs ideal for safeguarding high-value assets and ensuring cross-border estate planning across multiple jurisdictions.
Yes. Although it is an offshore entity, a RAK ICC company can apply for a UAE corporate bank account, especially when backed by a clear business model and proper documentation. Banks may request financial projections, contracts, or professional service agreements to support the application.
RAK ICC companies must: Maintain accounting records for at least 5 years, File Ultimate Beneficial Owner (UBO) details privately with the registrar, Submit Economic Substance Reports only if conducting relevant activities. Audited financials are not required unless specified by regulatory activity.
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Explore the popular topic of eCommerce Merchant Accounts - understand what they are used for and why they are important for global entrepreneurs in e-commerce.
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