Offshore Company Setup

Create a global enterprise in a premier location.

Get started today
ABOUT OFFSHORE COMPANY

Utilize the most alluring corporate structure to expand your company.

The International Business Company, also known as an offshore company, has gained popularity among foreign investors due to its tax-saving features, affordable formation costs, data security, and property rights.

Additionally, offshore businesses in the United Arab Emirates give you the chance to boost earnings, streamline documentation, and preserve your anonymity. The most sought-after location for establishing an offshore business is Ras Al Khaimah Emirate’s RAK International Corporate Centre (RAKICC). Adhering to international standards and best practices for international company formation, RAK ICC is a state-of-the-art registry of organizations.

ABOUT OFFSHORE COMPANY

Open an offshore business in the UAE

Without a Dubai trade license, RAK ICC Offshore Company is able to own freehold real estate properties in Dubai. Registered offshore companies can get a No Objection Certificate (NOC) from RAK ICC and register it with the Dubai Land Department in order to buy real estate property under the company name.

  • The UAE prohibits offshore companies from operating a physical office.
  • Members and shareholders are ineligible to apply for a UAE resident visa.
  • The business is able to keep a bank account both inside and outside the UAE.
  • Certificates of corporate tax exemption are available to offshore companies.
  • Is able to hold shares in any local, free zone, or IC company in the UAE.
ADVANTAGES OF RAKICC COMPANY SETUP

Ideal circumstances for your business

RAKICC offshore businesses may only carry out business outside of the UAE and are not obliged to open physical offices there. For such an organization, a bank account in Dubai or any other Emirate is feasible. Not only are these businesses simple to keep up with—all they need to do is renew their registration annually—but they also don't need to submit yearly financial statements to the authorities.

Foreign ownership of 100%

The minimum share capital is not required

Minimal startup costs and speedy registration

No public registry has been made available.

Audit Reports are not required.

For a company to be incorporated, personal presence is not necessary.

The citizenship and residency of the directors and shareholders are unrestricted

Restitution of capital and profits in full

DOCUMENTS REQUIREMENTS

Documents needed to register an offshore business in the UAE

Arabic or English must be used for all paperwork submitted in order to form a RAKICC company. Depending on the ownership structure and the backgrounds of the shareholders, more documentation might be needed:

  • Individual shareholder – passport, UAE Residence Visa (if available), latest utility bill, current dated bank reference letter, updated comprehensive resume/CV
  • Corporate shareholder – Certificate of Incorporation, Memorandum and Articles of Association, Certificate of Good Standing, Certificate of Incumbency or Extract of Company, Board Resolution
  • Appointed manager/officer (if not a shareholder) – passport, UAE Resident Visa (if available), comprehensive resume/CV
HOW ARE WE ABLE TO ASSIST?

We can assist you at every stage of the formation of your offshore company thanks to our more than 14 years of experience.

1Pro Centre DMCC has helped thousands of domestic and international business owners establish their enterprises in the top UAE Free Zones.

The advantages of collaborating with us are indisputable:

  • Extremely trustworthy and professional grou
  • A thorough awareness and comprehension of regional laws and ordinances
  • Robust relationships with regional and global banks, as well as UAE authorities
  • On your path to success in the United Arab Emirates, our team will provide you with hyper-personalized customer service and assistance throughout the entire offshore company formation process.