RAK Offshore Company Setup
Banking privacy better than Switzerland

Ras Al Khaimah, situated on Oman border, has a great past and archeological records have clear evidences of an advanced civilization that carried on trade has existed in this region since 5,000 BC.

RAK offshore offers anonymity, security, privacy and unhindered acceptance to its documents throughout the Middle East. It has a state of the art banking sector to service its wealthy indigenous, expatriate and offshore clientele. The total banking privacy that RAK has to offer is better than Switzerland, and a lifestyle is at par or is better than any other sought-after destination in the world. The RAK Investment Authority is the governing body and companies are regulated under the RAK Offshore Regulations 2006.

Ras Al Khaimah is by far the most confidential and secure offshore location in the world lots of our clients have moved their interests to RAS from other jurisdictions because they were concerned by new legislation in those places, which seriously eroded their confidentiality and security.

One of the key features of a RAK Offshore is that your company's documents will not need any attestations for use in the UAE, Saudi Arabia, Qatar, Oman and Bahrain. The free zone will be located physically in RAK Financial City.

RAK Offshore incorporation is the quickest if you need the company for Middle East investments.

Advantages of RAK Offshore Company

  • Modern offshore legislation
  • Hold multicurrency bank accounts
  • There are no foreign currency restrictions
  • There is no public register of company officers
  • Minimum of 1 Director / Shareholder
  • 100% foreign ownership of the offshore company is allowed
  • No need for a UAE national to be a shareholder or sponsor
  • No name should be disclosed to register a company
  • The offshore company will be exempt from all corporate and income taxes
  • Full repatriation of the offshore company's profits and capital is allowed
  • The setting-up costs are less than an onshore company
  • There is no onshore office and accordingly, there are no employees and related costs
  • Only minimum capital is required to set-up an offshore company
  • RAK offers complete anonymity and privacy as well as protection of any other information or assets

There should be a registered agent that is approved by the authority, under which the offshore company is set up. The agent will have to be located either in the free zone itself or in the UAE.

SGC, has a RAK Offshore registered agent and one of the market leaders in offshore business consultancy, We offer solutions to clients looking to minimize taxes, protect assets and limit liabilities. We do offer incorporation services in most important offshore centers in UAE.

SGC offers through its counterpart

  • Registered Office with PO Box
  • Registered agent
  • Preparation of registration forms
  • Preparation of Incorporation Certificate
  • Filing with the registrar of Companies
  • Preparation of Memorandum and Articles of Association
  • Assisting in Opening a multicurrency bank account

With SGC, you get the combination of our deep local knowledge and extensive experience, which gives us the ability to precisely understand the unique needs of your business. We are thus able to recommend the best possible options and ensure that your business is set up with minimal hassles and effort.

About Samsun Godwin Consulting

Samsun Godwin, a well established network of business consultants based out of Dubai, helps you set up, market and manage your company in the UAE. Our experienced team of professionals can help you start your business anywhere in the UAE, be it the Mainland, Free Zone or Offshore.

We take care of all your business needs from day one itself, starting from your initial query to your final choice. Our commitment in providing our clients with the very best and our exceptional customer service standards form the grounds of our core value system. Our expert team is quick to identify your needs and deliver to your exact requirements in the most efficient manner.

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