Establish your offshore company in Ras Al Khaimah, benefiting from tax efficiency, asset protection, and simplified international trade opportunities.
Set up your offshore company in Ras Al Khaimah (RAK) with expert guidance from Diac and tap into one of the fastest-growing business destinations in the UAE. With RAK offshore company registration, you gain access to a secure, tax-efficient, and globally recognized jurisdiction that empowers businesses to thrive in international trade, asset protection, and wealth management.
As the UAE’s economy continues to expand, Ras Al Khaimah has positioned itself as a key offshore hub, attracting thousands of investors and corporations annually. The UAE’s GDP surpassed $500 billion in 2023, with RAK contributing significantly to the trade and logistics sectors, making it a lucrative destination for offshore businesses. Market analysts project double-digit growth in offshore business formations over the next five years, driven by increasing foreign investments and government-led economic diversification initiatives.
RAK offshore companies benefit from zero corporate and personal tax, 100% foreign ownership, and seamless international banking, making it an ideal choice for entrepreneurs, multinational firms, and high-net-worth individuals. Our team ensures a hassle-free incorporation process, allowing you to maximize operational flexibility, safeguard your assets, and expand your business globally with confidence.
Unlock unmatched business potential with RAK offshore company registration today. Let Diac handle the complexities while you focus on scaling your international operations.
Setting up an offshore company in Ras Al Khaimah (RAK) is one of the smartest business decisions for entrepreneurs and global investors looking for a secure, tax-efficient, and cost-effective corporate structure. As one of the UAE’s fastest-growing offshore jurisdictions, RAK offers a pro-business environment, strategic global positioning, and world-class financial infrastructure.
Here’s why RAK offshore company registration is a preferred choice for international businesses:
Unlike mainland businesses that often require a local sponsor, RAK offshore companies offer full foreign ownership, giving investors complete control over their assets and operations. This allows businesses to operate without restrictions on capital repatriation, making it a highly attractive jurisdiction for global entrepreneurs.
RAK offshore companies benefit from a zero-tax regime, meaning no corporate tax, no personal income tax, and VAT exemptions for eligible business activities. With global tax regulations becoming stricter, setting up in a legally recognized, tax-friendly jurisdiction like RAK ensures businesses remain compliant while maximizing profits.
Whether you’re into global trading, wealth management, investment holding, or intellectual property management, RAK offshore companies provide the freedom to operate internationally without the complexities of a traditional business setup. The jurisdiction offers seamless access to international markets, enabling businesses to expand without geographical limitations.
RAK offshore companies are designed for financial privacy and asset protection, ensuring that shareholder and director information remains confidential. The jurisdiction enforces strict data protection policies, keeping your business details secure from public disclosure while complying with international anti-money laundering (AML) regulations.
With RAK offshore company formation, investors gain access to a stable economy, top-tier banking facilities, and a business-friendly regulatory framework. Whether you’re looking to protect your wealth, expand globally, or streamline financial operations, Ras Al Khaimah offers the perfect offshore solution. Let Diac help you navigate the process effortlessly and secure your RAK offshore company registration today!
At least one shareholder and one director (can be the same person).
Must appoint a JAFZA-certified business consultant as your registered agent.
Passport copies of all shareholders and directors. Some cases may require proof of address.
A brief overview of your business activities, objectives, and financial plans.
A letter from your bank confirming your financial credibility.
Legal documents outlining ownership, management structure, and company regulations.
No need for office space in Dubai—operate from anywhere.
Eligible to open an offshore corporate bank account in Dubai or internationally.
Setting up an offshore company in Ras Al Khaimah (RAK) is a straightforward and efficient process when done with expert guidance. Whether you’re looking to expand internationally, protect your assets, or enjoy tax-free business operations, following the correct registration steps ensures a seamless incorporation. Here’s a detailed step-by-step guide:
Selecting a unique and legally compliant business name is the first step. Your company name must adhere to RAK ICC regulations, avoiding restricted terms such as “bank”, “insurance”, or “government”. Our consultants help conduct name availability checks to ensure compliance.
Clearly define your offshore business operations, including international trading, investment holding, asset management, intellectual property ownership, and consultancy services. While RAK ICC offers flexibility, certain industries may require additional approvals.
The documentation stage is crucial for compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. You’ll need to provide:
Your MOA/AOA outlines the legal structure, management responsibilities, and operational framework of your offshore company. This document is essential for incorporation approval, ensuring your business aligns with RAK ICC corporate regulations.
Once documents are verified, you’ll proceed with RAK offshore company registration fees, which vary based on company structure, business activities, and additional services such as nominee director appointments.
After RAK ICC approves your application, you’ll receive your official Certificate of Incorporation, confirming your company’s legal existence. This document is required for opening bank accounts, entering contracts, and conducting business globally.
To facilitate international financial transactions, you must open a corporate offshore bank account. Most UAE banks and global financial institutions support RAK offshore companies, offering multi-currency accounts, online banking, and international fund transfers. Our experts assist in bank selection, document preparation, and compliance checks for smooth account activation.
By following these structured steps, you can establish a fully compliant and operational RAK offshore company within 2-3 business days. At Diac, we handle all the complexities, allowing you to focus on growing your business while ensuring a seamless and compliant registration process. Get started today and enjoy the benefits of RAK offshore company formation with expert assistance from Diac!
To incorporate an offshore company in RAK, submit the following:
Copies of valid passports for all shareholders and directors.
Utility bill or tenancy contract as address verification.
For financial and investment companies.
Outlining company structure and operations.
A financial reference confirming credibility.
For compliance with AML laws.
To enhance transparency and compliance, RAK offshore companies must disclose their Ultimate Beneficial Owner (UBO). This ensures compliance with global anti-money laundering (AML) regulations. The UBO declaration includes:
RAK ICC mandates that all UBO details remain confidential and accessible only to regulatory authorities.
RAK offshore companies must comply with the UAE Economic Substance Regulations (ESR), which require businesses to demonstrate:
Businesses engaged in banking, insurance, fund management, shipping, and holding activities may need to file an ESR notification and report to avoid penalties.
The RAK International Corporate Centre (RAK ICC) is the governing authority for offshore company formation in Ras Al Khaimah, providing a transparent, business-friendly, and globally compliant regulatory framework. Designed to attract foreign investors, entrepreneurs, and international corporations, RAK ICC ensures businesses operate within a secure and legally recognized jurisdiction while benefiting from financial confidentiality, asset protection, and tax-efficient corporate structuring.
RAK ICC operates under the RAK ICC Business Companies Regulations 2018, which streamline offshore business incorporation, ownership structures, and compliance measures. It also adheres to RAK ICC Registered Agent Regulations 2018, ensuring that all registered agents maintain strict compliance with due diligence and anti-money laundering (AML) policies. The legal foundation of RAK offshore company registration was first established under Decree No.12 of 2015 and later refined through Decree No.4 of 2016, making it one of the most progressive offshore jurisdictions in the UAE.
RAK ICC mandates businesses to follow international compliance regulations, including Know Your Customer (KYC) requirements, ensuring that all shareholders and beneficial owners meet legal transparency standards. This structure allows offshore entities to expand globally while maintaining legal security, operational flexibility, and credibility in international trade and finance.
Opening a corporate bank account for your RAK offshore company is a crucial step in establishing a fully functional international business. A RAK offshore bank account allows you to conduct global financial transactions, manage investments, and facilitate international trade with ease. UAE banks and international financial institutions offer secure, multi-currency banking solutions tailored for offshore businesses.
With RAK offshore company registration, businesses can enjoy confidential banking, fast transactions, and seamless online banking access. Here’s what you need to know about offshore bank account opening for RAK companies:
To ensure compliance with UAE banking regulations and international anti-money laundering (AML) policies, offshore companies must provide:
Each bank has its due diligence process, and requirements may vary. Our consultants at Diac help you choose the right banking partner and assist with documentation preparation to expedite the approval process.
A key advantage of an offshore bank account for RAK companies is the ability to operate in multiple currencies, allowing seamless global transactions. Available currencies include:
Having a multi-currency bank account helps avoid exchange rate losses, simplifies international payments, and enhances global financial management.
Modern banking solutions allow RAK offshore companies to manage finances remotely with secure digital banking platforms. Key features include:
Dedicated Relationship Managers – Get professional assistance for banking and investment needs.
With RAK offshore bank accounts, businesses benefit from confidential and tax-efficient banking while ensuring full compliance with UAE and international financial regulations. At Diac, we provide end-to-end assistance, from choosing the right banking partner to document preparation and account activation, ensuring a smooth and hassle-free banking experience.
Start your global financial journey with a RAK offshore company and a secure corporate bank account today!
Secure your business’s future with RAK offshore company formation. Diac provides expert guidance and end-to-end support for seamless company registration. Contact us today to start your offshore business in Ras Al Khaimah, UAE!
Got Questions? Contact Us
An RAK offshore company is a business entity incorporated under RAK ICC regulations, allowing international trade, asset protection, and tax-efficient operations.
No, RAK offshore companies cannot conduct business in the UAE but can hold assets, own property (subject to approval), and open bank accounts.
The registration process typically takes 2-3 business days, subject to document verification and compliance checks.
The cost varies depending on business activities, the number of shareholders, and bank account setup requirements. Contact Diac for a tailored quote.
Yes, subject to approval from the Dubai Land Department (DLD) or relevant authorities, an RAK offshore company can own property in designated freehold areas.
No, physical office space is not required, making it a cost-effective option for international businesses.
