Offshore License – RAK ICC:
Ras Al Khaimah International Corporate Centre (RAK ICC) is a prominent offshore jurisdiction in the UAE, offering a flexible and business-friendly environment for international entrepreneurs. Located in the emirate of Ras Al Khaimah, RAK ICC has gained global recognition for its streamlined offshore company formation processes, confidentiality, and cost-effectiveness.
Why Choose RAK ICC for Offshore Company Formation?

RAK ICC is a preferred choice for offshore company formation due to its advantages:
• 100% foreign ownership
• No corporate or personal income tax
• Full repatriation of profits and capital
• Privacy and confidentiality for business owners
• Simplified incorporation process
• Strategic location with access to major global markets
• Compliance with international standards and regulations
RAK ICC is regulated under the Ras Al Khaimah International Corporate Centre Business Companies Regulations 2021, ensuring transparency and investor protection. 

Permissible Business Activities for RAK ICC Offshore Companies

RAK ICC offshore companies are versatile and can undertake the following activities:
• Holding assets, intellectual property, or shares in other companies
• Conducting international trade (not within the UAE mainland)
• Operating as a family office for wealth management
• Serving as a special purpose vehicle for investments
• Offering consulting or professional services 

Prohibited Activities:

• Conducting business directly with UAE residents or companies unless authorized
• Banking, insurance, and financial activities without specific approvals

Steps to Set Up an Offshore Company in RAK ICC

Setting up an offshore company in RAK ICC is efficient and straightforward:

Costs Associated with RAK ICC Offshore Company Setup

The cost of setting up a RAK ICC offshore company is competitive and includes:

Advantages of RAK ICC Offshore Companies

Why Choose Easy Step Consultancy

Easy Step Consultancy ensure its clients a smooth, professional and on time business setup process with UAE regulations.

Helping fast-moving consulting scale with purpose.