RAK Offshore (RAK ICC)Ras Al Khaimah · Offshore
RAK Offshore (RAK ICC) company formation
RAK ICC is the UAE's most widely used offshore registry. Its modern company law, foundations regime and low costs make it a common choice for holding structures and family wealth planning.
Jurisdiction profileRas Al Khaimah
- Licensing authority
- RAK International Corporate Centre (RAK ICC)
- Location
- Registered in Ras Al Khaimah
- Best suited to
- International holding, asset protection and succession planning
- Office options
- Registered agent address
Why set up here
- Modern, internationally recognised company law
- Suitable for holding and asset protection
- Can own property in permitted freehold areas
- Low incorporation and renewal costs
- 100% foreign ownership
- No physical office required
How setup works
- Choose the registry that fits your purpose
- Appoint a registered agent and complete KYC
- Name approval
- Draft the Memorandum and Articles of Association
- Certificate of incorporation issued
- Corporate bank account introductions
Documents you will need
- Passport copies of all shareholders and directors
- Proof of residential address (utility bill or bank statement)
- Bank reference letter
- Short CV or business profile
- Purpose of the company and source of funds
- For corporate shareholders: attested incorporation documents and board resolution
Packages, visa allocations and fees differ by activity and change from time to time. Your advisor will confirm current figures in writing.
Frequently asked questions
Can an offshore company trade in the UAE?
No. It may hold assets and do business outside the UAE, but it cannot trade with UAE customers or lease commercial premises in its own name.
Does an offshore company give me a visa?
No. If you need residence in the UAE, a free zone or mainland company, or a combination of structures, is the better choice.
Can an offshore company own property in Dubai?
Some offshore registries are approved to hold property in designated areas of Dubai. We confirm which ones before you incorporate.