The UAE RAK Offshore Company is registered by the Ras Al Khaimah Authority. RAK offshore is an ideal location for international business operations and asset protection schemes. To begin, the Ras Al Khaimah company’s establishment records declare that it is an International Company and is not labelled as an Offshore, even though you may still enjoy a zero-tax regime. Finally, RAK Company Setup is regarded as one of the greatest solutions available to business people for conducting global company while being established in a financially safe and economically secure environment. To open the business license it will take 2-5 working days. Designation of the license will be LTD and document which will be releasing is certificate of formation instead of a business license and rak offshore license will be valid only for 1 year and it can be renewed.
The documents required to open rak offshore license are application form, passport copy of all the shareholders atleast 6 months validity should be there. Completed kyc form and bank reference letter. If its corporate entity all the company documents like MOA, certificate of incumbancy, board resolution, and good standing letter all has to be attested.