Ras Al Khaimah (RAK). Privacy, Full tax exemption & much more
RAK Offshore offers unmatched advantages, including complete privacy, full tax exemption, and total profit retention, making it ideal for international business.
Enjoy a swift, straightforward setup process with asset protection and confidentiality at the core.
Advantages
Why set up an offshore company in Ras Al Khaimah (RAK)?
Ras Al Khaimah (RAK) offers a cost-effective and streamlined process for offshore company formation, making it one of the most attractive options for international businesses. With full tax exemptions, complete privacy, and the ability to retain all profits, RAK provides a secure and efficient environment for entrepreneurs and investors.
The jurisdiction boasts a prestigious reputation as one of the oldest and most trusted offshore areas in the UAE, offering a business-friendly regulatory framework and growth potential in a thriving economic zone. RAK ensures confidentiality, asset protection, and a straightforward registration process, making it an ideal choice for those looking to establish a strong, tax-efficient global presence.
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Cost-Effective & Quick Setup
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Full Tax Exemption
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No Physical Office Requirement
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No mandatory local hiring
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Possess real estate in the UAE
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Confidentiality & Asset Protection
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Prestigious & Business-Friendly Jurisdiction
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Global Market Access
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No import or export duties
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Reputed and stable jurisdiction
Documents required
Documents Required for Company Setup in Ras Al Khaimah (RAK)
Ensure a smooth registration process by preparing key documents, from identification and address proof to company name options, MOA/AOA drafts, and any necessary resolutions.
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Passport copies of all shareholders and directors
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Address proof for shareholders and directors
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CVs of all shareholders and directors
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Three proposed names for the company
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Specimen signatures of shareholders and directors
How can ScaleX add value?
Expert advise on Offshore company incorporation
Structural advisory
Expert advice on choosing the optimal business structure for your UAE incorporation, aligned with your specific business goals and regulatory requirements.
Home jurisdictional compliances
Comprehensive advisory services on RBI Overseas Direct Investment (ODI) for Indian nationals, along with guidance on FIRPTA, OFAC, AML, FEIE, CFC, FBAR, and other regulations for U.S. nationals.
Transfer pricing & XBRL
Specialized consultation on Transfer Pricing guidelines relevant in both the UAE and your home jurisdiction, including guidance on XBRL reporting compliance for effective financial transparency.
Cross border tax advisory
In-depth guidance on the UAE's Corporate Tax regime, Value Added Tax (VAT), and insights on Double Taxation Avoidance Agreements (DTAA) to optimize your tax position.
Business licenses & Residential visa
Expert advice on obtaining the necessary business licenses and residence visas required for seamless operation in the UAE, ensuring compliance with local regulations.
ESOP & FDI advisory
Receive strategic guidance on structuring Employee Stock Ownership Plans (ESOPs) and planning effective Foreign Direct Investment (FDI) strategies from the UAE for sustainable growth.
Request a discovery call
Connect with one of our business consultants to review your business plan in depth and explore how we can guide you through a compliant and efficient setup process.
For Resident Indians
RBI - ODI Compliances for Indian founders & businesses
The Reserve Bank of India has put forth guidelines for foreign investments from India via FEMA regulations, 2022. Being a tax resident in India, an Individual/a body corporate must abide by this regulation while setting a business outside the country. ScaleX Business with its team of expert consultants and advisors can help you navigate and be compliant with these regulations.
Add on services
Get started. Pick an accounting plan that suits your business.
Not expecting much transactions in the first year?
You may choose the basic accounting plan to get started and upgrade later. Need a custom quote ? Feel free to contact us.
Accounting Basic
Suitable for small companies with an expected yearly transaction of 100 line entries overall.
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Upto 100 line entries a year
Line entries are in and out transactions combined.
- Upto 50K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 100 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
Accounting Pro
Suitable for companies with expected yearly transaction of upto 400 line entries in a year.
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Upto 400 line entries a year
Line entries are in and out transactions combined.
- Upto 800K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 400 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
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MIS Reporting
Monthly review call
- Corporate Tax Consultation
How much does it cost?
Cost of setting up an offshore company in Ras Al Khaimah, UAE
The cost of setting up an offshore company in RAK is highly competitive, thanks to the cost-effective pricing policy of the governing body.
The cost of establishing a business at RAK ICC starts from AED 12,000*, with the final expenses depending on factors such as the type of company, required services, and additional fees from service providers. This makes RAK offshore company formation an accessible option for entrepreneurs and investors looking for a budget-friendly setup in the UAE.
Get started. Set up your offshore company in the Ras Al Khaimah (RAK)
Why an Off shore company in RAK?
Benefits of Establishing Your Company in Ras Al Khaimah (RAK)
Establishing a company in Ras Al Khaimah (RAK) offers significant benefits, including full tax exemption, complete profit repatriation, and enhanced privacy. With a straightforward setup process and a business-friendly regulatory framework, RAK provides an ideal environment for global growth.
