RAK – Key Benefits
There are numerous benefits to incorporating a company in RAK, one of the fastest growing emirates in the region and one of the fastest growing economies in the world. Any non-residential individual or corporate entity can register an offshore company in RAK. These companies are very flexible financial instruments and can be used to serve many objectives such as tax planning, trusts, funds, real estate holdings etc. RAK offers businesses and individual a wide range of services and structures dedicated to non-residents. Below is a summary of benefits to utilizing a RAK Offshore Company.
- English is widely spoken and all business documents can be produced in English if required
- 100% foreign ownership is permitted
- Only one director and one shareholder is required
- RAK boasts a well developed, credible financial regulatory framework which includes strict adherence to International Standards such as international anti money laundering regulations
- The cost to create and maintain an RAK Offshore Company is relatively low
- RAK has a well established communication network and solid banking infrastructure
- No restrictions on hiring manpower if required with easy access to a large pool of well-qualified, highly training professionals
- A high degree of confidentiality is guaranteed
- A tax free environment with no exchange controls
- Low cost of incorporation and maintenance of a RAK Offshore Company
- RAK has a comprehensive Double Taxation Treaty, countries feature include: New Zealand, China, Malaysia, Malta, France, Italy, India, Singapore, India, Germany and Finland amongst others professionals
- A high degree of confidentiality is guaranteed
- A tax free environment with no exchange controls
- Low cost of incorporation and maintenance of a RAK Offshore Company
- RAK has a comprehensive Double Taxation Treaty, countries feature include: New Zealand, China, Malaysia, Malta, France, Italy, India, Singapore, India, Germany and Finland amongst others
Please visit the following links to learn more about the service that we can provide in RAK:
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