3 Simple Steps
Register your RAK ICC Foundation from the convenience of your office/home
Select your package and order
We prepare documents
Registration of Foundation
We work closely with the following banks for opening bank accounts for our clients.
The below promotional packages for RAK ICC Foundations are valid for a limited time.
- Incorporation of Foundation
- Government fee covered
- Certificate of registration
- Foundation Charter and By-laws
- Dedicated agent for 1 year
*Yearly Fee from second year: AED 3,999 (govt. fee included)
Gold includes everything in Silver, plus:
- RAK Offshore Company Formation
- Government fee covered
- Certificate of incorporation for RAK Offshore
- MOA and AOA for RAK Offshore
*Yearly Fee from second year: AED 8,999 (govt. fee included)
Platinum includes everything in Gold, plus:
- Assistance with bank account opening for RAK Offshore
- Share certificate(s) for RAK Offshore
- Assigned premier service agent throughout the year
*Yearly Fee from second year: AED 12,999 (govt. fee included)
We accept credit and debit card payments
Here is the process for preparation and registration of RAK ICC Foundation.
Step 1 – Online order
You will need to select your package and place the online order for the registration of your Foundation.
Step 2 – Preparation of documents and signatures
We will prepare your Foundation documents including the Foundation Charter for your signatures. You will need to either visit our offices or sign the documents electronically by email.
Step 3 – Registration
We will submit the documents to the RAK ICC and the Foundation will be established in three (3) working days.
About RAK ICC Foundations
RAK International Corporate Centre Foundation (RAK ICC Foundation) is a corporate entity established with a legal personality that is separate from its founder(s). The RAK ICC Foundations act through its council to administer its assets and carry out its objects.
RAK ICC Foundations allow various mechanisms for estate planning and are typically used for:
- Enhanced succession planning and asset protection
- Provide a robust governance structure
- Guardian oversight
- Distinct legal personality that separates liability whilst maintaining control of assets and have perpetual existence after the lifetime of the Founder
Here are some of the key features of RAK ICC Formation
|RAK ICC||Ras Al Khaimah International Corporate Centre|
|RAK ICC Foundation||RAK ICC Foundation is established as a separate legal entity with RAK ICC.|
|Eligibility criteria||Non-Muslim over the age of 21 years.|
|Laws||RAK ICC Foundations Regulations 2019.|
|Information Publishing and Confidentiality||RAK ICC does not keep any public register relating to Foundations. This information is kept confidential as per the applicable laws.|
|Requirements for accounting||Not applicable.|
|Time zone||Convenient world time zone: GMT+4|
|Paid up capital requirement||No paid up capital requirement.|
|Minimum founders||One (1).|
|Minimum beneficiaries||One (1).|
|Minimum number of members for council||One (1).|
Frequently Asked Questions
Here are some answers to some of the most common questions related to RAK ICC Foundations.
We can help you with the processes in the following government departments.
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