Everything You Need to Know About Setting Up a Company in RAK ICC

1. Everything You Need to Know About Setting Up a Company in RAK ICC Dubai and the wider UAE continue to attract global investors seeking stable, tax- efficient, and business-friendly environments. Among the UAE’s most trusted jurisdictions, the RAK International Corporate Centre (RAK ICC) stands out as a leading offshore company formation hub. Whether you are looking to expand your international presence or protect global assets, business setup in RAK ICC offers unmatched flexibility and credibility. In this guide, we’ll walk you through everything you need to know about establishing a company in RAK ICC — from its advantages and structure options to the step-by-step setup process. What is RAK ICC? RAK ICC (Ras Al Khaimah International Corporate Centre) is one of the UAE’s most reputable offshore jurisdictions, established under the laws of Ras Al Khaimah. It provides a modern, transparent, and internationally compliant framework for offshore company formation. RAK ICC is ideal for entrepreneurs, investors, and multinational businesses looking to: Manage global investments • Own assets and intellectual property • Conduct international trade • Set up holding or subsidiary companies • Unlike other jurisdictions, RAK ICC is fully aligned with international compliance standards, including anti-money laundering (AML) and economic substance regulations, making it a preferred choice for global investors. Key Benefits of Business Setup in RAK ICC Setting up a business in RAK ICC offers a range of strategic benefits, particularly for foreign investors and UK entrepreneurs:

2. 1. 100% Foreign Ownership Investors enjoy complete control over their company without the need for a local sponsor or shareholder. 2. Full Repatriation of Profits RAK ICC allows investors to transfer their profits and capital freely without restrictions, ensuring maximum financial flexibility. 3. 0% Corporate and Income Tax One of the biggest attractions of business setup in RAK ICC is the tax advantage. Companies enjoy 0% corporate and personal income tax, making it an ideal choice for global business operations. 4. Global Recognition RAK ICC companies are well-recognized internationally and can hold assets, own shares in other companies, and conduct business globally. 5. Asset and Wealth Protection Entrepreneurs use RAK ICC companies to protect assets, intellectual property, and investments under a secure and confidential legal structure. 6. Cost-Effective Setup Compared to other jurisdictions, RAK ICC offers a simple and affordable company registration process with low annual maintenance costs. Types of Companies You Can Set Up in RAK ICC RAK ICC offers several types of entities depending on your business goals: Company Limited by Shares: Ideal for trading, investment, and holding purposes. Company Limited by Guarantee: Suitable for non-profit organizations. Restricted Purposes Company: Designed for specific, limited objectives. • • •

3. Segregated Portfolio Company: Used for asset and investment management. Branch of a Foreign Company: For global firms looking to establish a UAE presence. Step-by-Step Process of Business Setup in RAK ICC • • Here’s how you can establish your company efficiently: Step 1: Choose Your Company Type and Name Select the type of entity and a unique company name that complies with RAK ICC naming regulations. Step 2: Prepare the Required Documents Typical documentation includes: Passport copies of shareholders and directors • Proof of address • Memorandum and Articles of Association • Application forms and KYC documents Step 3: Submit the Application • The complete set of documents is submitted to RAK ICC’s registrar through an authorized registered agent. Step 4: Pay the Registration Fees Once your documents are reviewed and approved, you’ll pay the relevant government and agent fees. Step 5: Receive Your Incorporation Certificate After approval, you’ll receive your RAK ICC incorporation certificate, confirming your company’s legal existence.

4. Step 6: Open a Corporate Bank Account Once your company is registered, you can open a corporate bank account in Dubai or other financial institutions to manage your global transactions. Why UK Entrepreneurs Choose RAK ICC For UK investors, RAK ICC offers the perfect balance of confidentiality, compliance, and convenience. With no physical office requirements and remote setup options, you can register your company from anywhere in the world. The jurisdiction’s international credibility also enhances business trust and global expansion potential. Why Choose Avyanco UK for Your RAK ICC Business Setup? At Avyanco UK, we specialize in helping UK entrepreneurs and international investors establish their businesses in the UAE seamlessly. Our experts handle every step of the business setup in RAK ICC, including documentation, registration, compliance, and banking assistance. Here’s why clients trust Avyanco UK: • Experienced consultants in offshore and free zone setups Transparent pricing with no hidden charges • End-to-end business setup and advisory support • Dedicated assistance for UK-based investors Conclusion • Setting up a company in RAK ICC is one of the smartest moves for entrepreneurs looking to expand globally, protect assets, or enjoy tax-efficient business operations. With its robust legal framework, cost-effective setup, and investor-friendly policies, business setup in RAK ICC provides a secure and strategic base for international growth. Contact Avyanco UK today to start your RAK ICC company and unlock global opportunities with expert guidance every step of the way. Reference URL - https://www.linkedin.com/pulse/everything-you-need-know-setting-up-company-rak- icc-erica-fernandes-tgmuc/