Setup your company in Rak Offshore
RAK offshore is setup by RAKIA (Ras Al Khaimah Investment Authority) which is in charge for financial development of Emirate, to deal with the locale’s developing interest for the offshore market, and to help the economic expansion program. RAK Offshore has extended its customer portfolio to more than 1,900 International Business Companies (IBCs) giving particular administrations, for example, resource security plans and land holding in just 14 months.
RAK Offshore advantages
- Its Tax free
- Company is ready in 2-4 working days
- Full confidentiality and privacy
- First rate bank account that includes credit card and e-banking facilities
- Completely licensed by Ras Al Khaimah Government
- Complete candidate service that will secure your privacy
Most of the firms are registered with RAK Offshore for investments on property and real estate businesses. Ras Al Khaimah produced an impressive infrastructure projects and policies to offer the finest surroundings for the off shore companies. Outsourcing companies are also supported by RAK Offshore also it provides services related to marine like registration for vessels or yachts from any part of the world.
Advantages of RAK Offshore
-Full foreign ownership allowed.
-No Value added tax or import export tax
-No base capital
-UAE based corporation
-No limitations on transfer of profit
-No limitations on capital repatriation
-An individual can perform as a secretary, director and shareholder
-No limitations in nationality
RAK also gives essential chances for putting resources into tourism since it has shorelines of 65 km, deserts, and mountains also green zones that are useful and can be utilized for farming. RAK is near to imperative markets of district: Qatar, Oman, Iran Saudi Arabia and many others. RAK is corruption free and straightforward for businessmen everywhere throughout the world. Foreign investors who are willing to open an organization in RAK will have advantage of dual taxes contract signature by UAE including the countries like Germany, France, Italy, China and many others. Foreign enterprises are outsourcing their businesses in various fields for example back office operations and bookkeeping.