RAK International Corporate Centre (RAKICC), commonly referred to as RAK ICC, is the official corporate registry for Ras Al Khaimah, one of the seven emirates in the United Arab Emirates (UAE).
Established to support the growing demand for international business registration within the region, RAKICC focuses on the formation and management of offshore companies. These offshore entities, designed for operating outside the UAE while enjoying numerous benefits within the UAE, such as a favorable tax environment, ease of incorporation, and access to world-class banking facilities.
RAKICC was officially formed through Decree No. 12 of 2015, with further amendments introduced by Decree No. 4 of 2016. The creation of RAKICC was a result of a merger between two prominent registries in Ras Al Khaimah: RAK International Companies, previously operating under the RAK Free Trade Zone, and RAK Offshore, which was managed by the RAK Investment Authority. This consolidation allowed RAKICC to offer streamlined services to businesses looking to establish a presence in the UAE while maintaining a global reach.
The registry is widely recognized for its commitment to international best practices, maintaining high standards of transparency, compliance, and corporate governance. As a premier destination for offshore company formation in the UAE, RAKICC provides a wide range of services, including company incorporation, business structuring, and administrative support.
Its state-of-the-art facilities and professional services make it an attractive choice for international entrepreneurs, investors, and corporations seeking efficient and cost-effective solutions for their offshore business needs. Through its robust legal framework and business-friendly policies, RAKICC continues to play a crucial role in facilitating global business activities in Ras Al Khaimah and beyond.
International investors can have complete control of their business without needing a local sponsor or partner.
Not subject to corporate tax, income tax, or any withholding taxes.
Not required to file annual financial reports or undergo audits.
Shareholders, directors, and company details are not publicly disclosed, ensuring privacy and anonymity for business owners.
Lower initial setup costs compared to other jurisdictions and annual maintenance costs are also kept to a minimum.
Engage in a wide range of activities, including holding assets, property, intellectual property, and conducting international trade.
Easily open corporate bank accounts both within the UAE and internationally.
Company incorporation often completed in just a few days with minimal paperwork and straightforward procedures.
Offers a strong legal framework for asset protection and engaging in effective wealth management strategies.
Adherence to international regulatory standards and compliance with international best practices enhances the credibility of businesses registered within the jurisdiction.
Do not require a physical office presence in the UAE, can maintain a virtual office.
The international recognition of JAFZA offshore license allows offshore companies to leverage international trade opportunities effectively.
Allows companies to engage in international trading of goods and products, however, not allowed to trade within the UAE market directly.
Designed for entities that wish to hold assets, such as shares in other companies, real estate, or intellectual property.
Allows offshore companies to provide consultancy, advisory, or professional services internationally, excluding the UAE market.
Allows companies to hold and manage intellectual property (IP) assets such as trademarks, patents, copyrights, and designs.
Acts as holding vehicles for investments and joint ventures, facilitating global partnerships and investment management.
For offshore companies wishing to own and manage real estate internationally, excluding properties within the UAE unless approved in designated areas.
Allows the formation of Special Purpose Vehicles, typically used for risk management, asset protection, and financial structuring.
For managing the wealth and assets of a family, such as investments, succession planning, and asset protection.
Engage with a business consultant or service provider to discuss your specific business needs, goals, and the type of structure suitable for your company.
Takes 1 to 3 days
Gather all necessary documents for the offshore company registration as per RAKICC requirement.
Takes 3 to 5 days
Submit the completed application, the process includes reserving the company name, submitting personal details of the shareholders and directors, and filing the Memorandum and Article of Association (MOA/AOA).
Takes 2 to 3 days
RAKICC conducts due diligence, reviews the proposed company name and activities, ensures all documents are in order, and the company structure aligns with the UAE offshore regulations.
Takes 5 to 7 days
Pay the relevant registration and service fees, including registration fees, service provider fees, and any additional costs related to the company’s legal structure.
Takes 1 to 2 days
RAKICC issues the Certificate of Incorporation, share certificates, and other key documents, completing official registration and allowing operations.
Takes 2 to 3 days
Open a corporate bank account to facilitate business transactions.
Takes 5 to 10 days
Required documents vary based on the legal structure of the business: Individual Shareholder and Corporate Shareholder.
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