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Key Corporate Features & Document Requirements for RAK

RAK

General
Type of Company Limited by shares
Political Stability Excellent
Common or Civil Law Any
Our time to establish a new company Normal with 4 working days or 2 working days in urgent case
Disclosure of Beneficial Owner Yes
Migration of Domicile Permitted Yes
Corporate Taxation Nil
Language of Name English or Arabic
Corporate Requirements
Minimum Number of Shareholders / Members One
Minimum Number of Directors / Managers One
Corporate Directors / Managers Permitted Yes
Usual Authorised Capital Dhs 1,000 (minimum)
Minimum paid up Fully paid
Local Requirements
Registered Office/Agent Yes
Local Partner (UAE National or Company owned by UAE National) No
Local Directors No
Local Meetings No
Government Register of Directors / Managers Yes
Government Register of Shareholders / Members Yes
Annual Requirements
Annual Return No
Submit Accounts Yes
Recurring Government Costs
Minimum Annual Tax / Licence Fee AED 2,000
Annual Return Filing Fee NA
 

Documents required from customers

  • Passport of each shareholder/beneficial owner and director
  • Proof of residential address of each director and shareholder (Must be in English or certified translation version)
  • The proposed company names
  • The issued  share capital and par value of shares


Relative Countries

  1. Anguilla
  2. Bahamas
  3. Belize
  4. Brunei
  5. BVI
  6. Cayman
  7. Cyprus
  8. Delaware
  9. Gibraltar
  10. Hong Kong
  11. Jersey
  12. Malta
  13. Marshall Islands
  14. Mauritius GBC1
  15. Mauritius GBC2
  16. Panama
  17. Samoa
  18. Seychelles
  19. Singapore
  20. St. Vincent and the Grenadines
  21. Switzerland
  22. UK - public Limited
  23. UK- Private Limited
  24. UK-LLP
  25. Vanuatu