UAE RAK ICC Offshore Company

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United Arab Emirates RAK ICC International Business Company

The Ras Al Khaimah International Corporate Centre (RAK ICC) is a rapidly growing offshore jurisdiction in the United Arab Emirates, offering internationally recognized offshore company structures under the RAK Offshore Regulations 2006. A RAK ICC International Business Company benefits from zero income tax on profits, no capital gains tax, no withholding taxes, and no exchange controls, making it an ideal vehicle for international holding, trading, and asset protection purposes.

RAK ICC offers 100 percent foreign ownership, no requirement for a local shareholder or director, and strict confidentiality with no public register of beneficial owners. The company cannot conduct business within the UAE except for holding UAE real estate with prior authorization. Neptune Fiduciaries assists clients in forming their RAK ICC IBC within one to two business days, managing all documentation and ensuring full regulatory compliance.

Key Features

Key Component	Description
Directors	Minimum of one director required No local director required Corporate directors permitted
Shareholders	Minimum of one shareholder (maximum unlimited) No local shareholder required Nominee shareholders available Records are not publicly accessible
Public Accessible Records	No public register of directors or shareholders Beneficial owner details are confidential
Registered Agent in RAK	Yes, required
Physical Presence	No requirement for a physical office
Taxation	Zero income tax on IBC profits No capital gains tax, no withholding tax No exchange controls Cannot trade within the UAE (except UAE real estate with authorization)
Share Capital	No minimum share capital requirement Any currency accepted
Duration for Incorporation	1 to 2 Business Days
Accounts and Returns	Annual return filing required Audited financial statements not required to be filed Audit required internally but not filed publicly
Nominee Services	Available
Banking	Yes, can secure international banking
Meetings	Can be conducted anywhere in the world
Requirements for Incorporation	Proof of Address Passport Copy (Certified as True Copy of the Original)

For further details, please contact Neptune Fiduciaries via email info@neptunecorporate.com or sales@neptunecorporate.com or visit our contact page.

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