During the month of August 2020, the UAE government issued Cabinet Decision 57 of 2020 and Ministerial Decision 100 of 2020 concerning the economic substance requirements (Regulations).
Aramide Shuaib
206+Articles Published
3+Years of Experience
All RAK international business and offshore companies are now required to select from the set of activities from the ISIC business activities.
There are numerous reasons for RAK ICC’s increased popularity. Here is a list of seven (7) best known reasons for which RAK ICC stands out as a top offshore jurisdiction in the world.
Any person can own 100% shares in an IBC with RAK ICC. There is no requirement for a UAE national to own any shares in these companies.
In the case of RAK offshore companies established in the UAE, some banks may also relax the requirements of UAE residence visas and address.
RAK offshore company can either have a holding company activity or any other business activity which reflects the actual business carried out by the shareholder internationally.
Learn the benefits of setting up an offshore company in the UAE and explore key differences from free-zone companies in our informative guide.
The main types of Wills that may be relevant to the shareholders of RAK offshore companies are described in this article. This will help you to manage the Estate Planning of your company.
We Accept
We accept the following credit cards. Our website is secured with SSL 256 Bit Encryption.
Why Choose InZone
- We offer a 30-day money-back guarantee if we do not meet agreed expectations.
- We provide 100% confidentiality to all our clients.
- We provide a dedicated account manager.
- We provide bank account opening assistance through our well-established banking relationships.
Founder's Podcast 
Free Zone
Offshore
Mainland
Accounting
Banks
Services
Resources
