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Ras Al Khaimah (RAK) Free Trade Zone
RAK Offshore Company
Language of Legislation and Corporate Documents
Type of Company for International Trade, Investment & Tax Planning
International Company (IC).
The minimum requirement for share capital is AED1,000, Which must be fully paid up.
Classes of Share
Available Ordinary shares, preferred shares, deferred and shares with or without voting rights. Bearer Shares Not permitted.
Restrictions on Trading
Cannot trade within the UAE. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in Ras Al Khaimah.
The minimum number of directors is one. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.
The minimum number of shareholders is one.
Publicly Accessible Records
Location of Meetings of Directors and Shareholders
Disclosure of Beneficial Ownership to Authorities
Personal Presence Required
Double Taxation Treaty Access
Requirements to File Accounts
Requirement to File Annual Return
Language of Name
Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-
(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation; (b) the patronage of their Highnesses the members of the Federal National Council.
Name of a Company
The name of the company may end with the word “Limited” or “Ltd”.
Time to Incorporate
One day, subject to name approval.