With RAK ICC, you can fully own your company without needing a local partner. This feature gives you complete control over your operations, empowering you to make decisions that align with your business goals.
Experience absolutely no corporate or personal tax remission, thereby; enjoying a tax-free nation. This persuasive advantage greatly increases your profit margins and makes it possible for you to reinvest in your business.
Your privacy is a top priority at RAK ICC. The details of your company’s shareholders and directors remain confidential, providing peace of mind as you grow your business.
It is easy to set up your offshore company in RAK ICCs. Having few documents and simple approval process it becomes easier to set up own business within few days.
Choosing RAK ICC for your offshore company setup in Dubai comes with several advantages:
RAK ICC’s strategic location and modern infrastructure further enhance its appeal, making it the ideal hub for your offshore operations.
It may be established by any person locally or a foreign investor requesting the formation of a company under RAK ICC. Despite its main incorporation being for the Purpose of holding shares or operating business outside the resident country, it is commonly used by business enterprises who intend to engage in import or export business or any other trading activities and for investment purposes in a foreign country.
RAK ICC provides different types of entities such as Limited Liability Companies (LLCs), the Companies Limited by Shares, Segregated Portfolio Companies (SPCs) and the Unlimited Companies. All entity type are created in a way that meets the needs of various businesses and their model.
There are 5 advantages: They include 100 percent foreign ownership freedom, freedom to transfer home capital and profits within the country, no corporate tax, limited liability shielding, and anonymity of owners’ identity. RAK ICC also has good legal services and opens broad market opportunities.
Yes, RAK ICC is an organization operating under the UAE laws and has international standards for compliance covering all business actions to provide transparency and legally authorized legal requirements.