Company Formation in RAKICC

  • Home
  • Company Formation in RAKICC

RAKICC International Business Company

RAK International Corporate Centre (RAKICC) is the sole entity in Ras Al Khaimah for the incorporation of Offshore companies or International Business Companies. It will help international business owners to effectively conduct global trade. RAKICC has well-governed policies and regulations ensuring compliance for the International Business Company.

AURION Business Consultants is the registered agent for providing complete assistance for the International Business Company in RAKICC. We can incorporate your company within 1-2 working days after complete submission of the required documents and fees.

The following are the required documents for company formation in RAKICC:

Passport copy of the shareholder.
Proof of Address in home country - Last 3 months Original Utility Bill (Water & Electricity Bill / Telephone Bill)
Bank reference letter from any bank in the world.

Features of RAKICC Offshore Company

Highly reputable and recognized jurisdiction
Can be fully owned by a foreign individual
Shareholder and director can be the same person
No Office requirements - Registered agent office is the legal address
Ease of international operations - (No business operations in the UAE)
Asset protection and investment diversification
Multi-currency bank accounts in UAE
shareholder presence is not required

Change Registered Agent of a RAKICC

There is a provision for changing the offshore agent for a RAKICC Company in case of any displeasure with their services. Offshore Companies in RAKICC can request for an Agent Change to AURION. Our team will handle all the administrative requirements and coordinate the renewal of your company with RAKICC efficiently.

Activities of RAKICC offshore company

Holding Assets
Property Owning
Holding of shares in another company
General Trading
Consulting
Oil and gas trading

Documents issued from RAKICC offshore

Certificate of Incorporation
Memorandum of Association
Good Standing Certificate
Incumbency Letter
Share certificate
Company Seal

RAKICC Offshore – IBC Fee Structure product

Product Years Standard Fee Discount % Fee After Discount You Save

 

 

AED

USD

 

AED

USD

AED

USD

RAKICC IBC
Package 1

1

8,500

2,329

0%

8,500

2,329

0

 

RAKICC IBC
Package 2

2

17,000

4,658

15%

14,450

3,959

2,550

718

RAKICC IBC
Package 3

3

25,300

6,986

20%

20,240

5,545

5,060

1,425

RAKICC IBC
Package 4

5

42,500

11.645

25%

31,875

8,733

10,625

2,993

Transfer of Company Domicile to RAKICC

Transfer of Domicile is the process when a Company moves its domicile from one offshore jurisdiction, to another. Such kind of transfer could be implemented either in the same country or transfer from one country to another. Transfer of Domicile could be initiated due to a variety of reasons. It can be due to conducive environment to locate company, safety, security & infrastructure of jurisdiction, safe and good banking support, less regulations, cost effective and hassle-free maintenance of company etc.

As per RAK ICC Business Companies Regulations 2016, IBC (International Business Company) in any part of the world is permitted to transfer its domicile to RAK ICC Offshore jurisdiction. Hence, the Company can keep its name, legal status, the reputation and the records of company’s activities.
Aurion professional experts will handle the process of Transferring the Domicile without any hassles and in the shortest period of time, without any interruptions to current Company operation. We are one of the highly reputed Registered Agent of RAKICC, having association with RAK for past 10 years. Also, we will be able to provide you with the best consultation regarding all the steps of Transferring and responsible to provide quick and brilliant delivery to the right place. Aurion also makes sure that the bank account of the company is opened within the shortest span of time.

Steps to follow for the Transfer of Company Domicile to RAKICC

1

Application

Initial Application
Name Check

2

Submission of Documents

KYC requirements for individual Shareholder/ Director/ Secretary
Documents required for Continuation
KYC requirements for corporate Shareholder/ Director/ Secretary

3

Review

Due Diligence Check & Review

4

Acceptance Confirmation

Issuance of Invoice / Payment Approval & issuance of
Certificate of Continuation by the Registrar

Let’s Collaborate


    x

    Dubai Office

    Sharjah Office