Digital Marketing & Company Formation

Offshore Company Formation

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Offshore company formation is one of the most popular types of business setup in Dubai. Otherwise known as International Business Company (IBC), an offshore company enables holders to leverage on confidentiality and asset protection as it is a form of tax-exempt corporation that can conduct business anywhere in the world except the country of incorporation.

While terms like offshore company and offshore business have no precise legal, business, or tax meanings. An offshore company formation in Dubai typically means a business entity owned and operated from overseas.

Startup-n-Marketing is delighted to offer you a simple and quick UAE offshore company formation; we will register your company within 2-4 working days in Ras Al Khaimah (RAK). This confidential jurisdiction combines several advantages, making the United Arab Emirates an ideal basis and perfect environment for your successful offshore business. RAK is for example a completely tax free environment and there is no requirement to file accounts or have audits conducted.

The crucial advantage of the United Arab Emirates is the high reputation of a OECD white listed country and international investors hub, what allows company owner the easy access to highly capitalized international banks in Dubai, Hon Kong Kong, Singapore, Malta, Andorra or Latvia, which are operating in a economic and political stable environment. As of today more than 8000 IBC’S are registered in Ras al Khaimah.

Highlights of RAK Offshore:
• 100% foreign ownership is allowed
• Exempt from all corporate and income taxes
• No foreign currency restrictions
• Full repatriation of profits and capital allowed
• Zero Bureaucracy & Streamlined Administration
• The RAK Offshore company can own interest in real estate in the UAE and intellectual property
• The RAK Offshore company can act as a Holding
• Audit Report is not compulsory
How to establish a UAE Offshore Company Step by Step

Step 1.
You need to select at least 3 alternatives to the names for the proposed company. The proposed names need to end with “Limited” and should not contain terms like “Emirates”, “Dubai”, “Ras Al Khaimah”, “RAK”, “FOREX”, “Finance”, “Bank”, “Insurance or names of the ruling families in UAE. An example of a valid name is “XYZ Limited”.

Step 2.
Send all the documents required for RAK offshore company registration to us (list of documents you can see below). Scanned copies of the documents are enough at this stage. These documents will help us to prepare the application forms and memorandum of association (MoA) for RAK offshore company registration (RAKICC).

Step 3.
We will send you the official application form the memorandum of association (MoA) for Ras Al Khaimah offshore company formation (RAKICC). Sign these documents and send them back by courier.

Step 4.
You settle the payment for Our Service fee and official Government Fee.

It will take 1-3 working days to set up your company

Your company is registered now!

List of required documents for RAK offshore company registration:

ndividual Shareholder and Individual Director


⦁ Request Form  (original);
⦁ Passport Copy of each director and shareholder;
⦁ Bank Reference Letter (recent -less than a year, original and in English) of each director and shareholder;
⦁ Utility Bill/Proof of Residence ( original) of each director and shareholder.
⦁ Individual Shareholder and Corporate Director
⦁ Request Form (original);
⦁ For Individual Shareholder:
a) Passport Copy of each individual shareholder;
b) Bank Reference Letter (recent -less than a year, original and in English) of each individual shareholder;
c) Utility Bill/Proof of Residence (in original) of each individual shareholder;

– For Corporate Director:

a) Board Resolution regarding acceptance to act as a director of the new company (original);
b) Copy of License or Incorporation Certificate of the parental company issued by the Chamber of Commerce or any other body;
c) Copy of the MOA of the parental company;
d) Passport copy of the directors and shareholders;
e) Bank Reference Letters (recent -less than a year, in original and in English) for the directors and shareholders.


Individual Director and Corporate Shareholder

 
⦁ Request Form (original);
⦁ For Individual Director:
a) Passport Copy of each  director;
b) Bank Reference Letter (-less than a year, original and in English) of each individual director;
c) Utility Bill/Proof of Residence (original)of each individual director;

For Corporate Shareholder:

a) Board Resolution from the parental company in its letterhead for appointment of shareholders and directors  (original);
b) Copy of License or Incorporation Certificate of the parental company issued by the Chamber of Commerce or any other official body;
c) Copy of the MOA of the parental company (copy);
d) Passport copy of the directors and shareholders;
e) Bank Reference Letters (recent -less than a year, in original and in English) for the directors and shareholders;

Corporate Director and Corporate Shareholder

⦁ Request Form (original);
⦁ Board Resolution from the parental company in its letterhead for appointment of shareholders and directors respectively (original);
⦁ Board Resolution regarding acceptance to act as a director of the new company (in original);
⦁ Copy of License or Incorporation Certificate of the parental company issued by the Chamber of Commerce or any other body;
⦁ Copy of the MOA of the parental company;
⦁ Passport copy of the directors and shareholders;
⦁ Bank Reference Letters (recent -less than a year, original in English) for the directors and shareholders

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