UAE Offshore Company - Ras Al Khaimah

RAK Offshore Regulations, 2006

Structure
1. No restrictions on the number of shareholders.
2. No restrictions on the number of directors.
3. No obligation to hold an annual meeting or to file audited accounts.
4. The only information displayed on the register is the name of the company and the date of incorporation.
5. Cannot conduct business locally except with those supplying accounting, audit, legal and banking services, and staff cannot be employed locally.

Shares and Capital Requirements
Minimum share capital of AED 1,000.
Bearer shares must be held in custody by the Registered Agent.
Accounting records must be kept but no statutory audit is required.

IBC Taxation
No taxes.

Offshore Company Providers

Charterhouse Lombard
Provides offshore companies incorporate services.

Carlo Scevola & Partners (CS&P)
Provides international corporate services..

Freemont Group
International company formation and tax planning solutions.

Ocra Worldwide
Corporate service provider.

Sovereign Group
Offshore companies and trusts services.