Ras Al Khaimah company
- Your Company in Ras Al Khaimah in 2-4 weeks.*
- The most competitive price, in complete transparency.
- Client private data protection via secured systems.
- A dedicated manager available throughout the year.
- Your company and its application for a bank account, including eBanking and credit card.
General information
Ras Al Khaimah (RAK) is one of the seven emirates that make up the United Arab Emirates (UAE), located approximately 100 kilometers northeast of Dubai, along the southern coast of the Arabian Gulf (also known as the Persian Gulf). Historically recognized for its shipbuilding and maritime trade, RAK has since transformed into a key industrial and commercial center within the UAE.
Today, RAK is the leading producer of cement in the UAE and is home to RAK Ceramics, one of the largest ceramics manufacturers in the world. In recent years, the emirate has gained considerable attention from international investors and entrepreneurs, thanks to business-friendly regulations, modern infrastructure, and a commitment to economic diversification.
Through the RAK International Corporate Centre (RAK ICC), investors can establish International Business Companies (IBCs) that are ideal for global trade, asset holding, real estate ownership in the UAE (subject to regulations), and maintaining bank accounts. Company formation in RAK is streamlined and efficient, with incorporation typically completed within 1 to 2 business days, making it an attractive jurisdiction for international structuring and regional operations.
Ras Al Khaimah company main characteristics:
| Company type | International Business Company (IBC) |
| Governing corporate legislation | RAK International Corporate Centre (RAKICC) is a Corporate Registry operating in Ras Al Khaimah, United Arab Emirates. |
| Information published relating to company officers | There is no public register of company officers. No name should be disclosed upon incorporation. |
| Confidentiality | RAK offers complete anonymity and privacy as well as protection of any other information or assets. |
| Accounting requirement | No accounting / reporting requirements. |
| Corporate taxation | A Ras Al-Khaimah IBC is exempt from any form of taxation and withholding taxes in the United Arab Emirates. |
| Legislation | Modern offshore legislation. |
| Ownership | 100% foreign ownership is allowed, no requirement to have a local partner. |
| Communication | Efficient communication means. |
| Time zone | Convenient world time zone: GMT+4 |
| Paid up capital requirement | No paid up capital requirement. |
| Basis of legal system | UAE law. |
| Minimum directors/shareholders | Minimum of 1 director/shareholder. |
| Bearer shares | Bearer shares are permitted. |
EU-Based Entity Formation
Establishing a European corporate presence provides access to one of the world’s largest single markets and a broad network of suppliers and partners. Operating as an EU-registered company enhances credibility and offers the potential to engage in intra-EU trade under the reverse charge mechanism, allowing for VAT-neutral transactions between VAT-registered businesses.
Offshore company
Establishing an international company in a tax-efficient jurisdiction can support cost optimisation and improved capital allocation. When structured and managed correctly in accordance with applicable laws, such entities may benefit from favourable tax treatment. This can enable businesses to reinvest a greater portion of their earnings into growth and development.
Bank accounts
Let us handle the paperwork while you focus on your business. With LinkedEurope, your bank account can be opened within a month — quickly, efficiently, and without hassle.