Benefits of RAK Offshore


For many years, the Ras Al Khaimah government, through its investment arm the Ras Al Khaimah Investment Authority (RAKIA) has worked to build the world’s most attractive economic free zone.


RAKIA attracts numerous companies in a wide range of activities. Traditionally recognized as a safe haven for trading companies and for tax planning, RAKIA also attracts numerous industrial activities, given its convenient geographic location.


These efforts were recognized at the highest level, when the Financial Times recognized RAKIA as one of the world's most attractive free zones for foreign direct investments.

 

 

 

The benefits of incorporating in RAK include:

  • Tax free — Contrary to other jurisdictions offering tax incentives, RAK Offshore offers a complete tax free environment: no profit tax, no repatriation tax.
  • Cost effective — RAK Offshore offers one of the world’s lowest registration costs.
  • No payment of share capital — In RAK offshore you do not have to pay up the company capital.
  • Quick and simple registration— With our services, you can register your offshore company in RAK Offshore in one day. Paperwork is limited to the minimum.
  • Simple accounting and no publication—In the RAK offshore free zone you have no accounting obligations whatsoever. You are therefore put in a position to run a hassle free business.
  • Confidentiality—There is no publicity requirement in RAK offshore. You are guaranteed maximum discretion.
  • Access to financing and banking services— With a company in RAK offshore, you have full access to the banking services, including loan offers available in the UAE.