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