Choose country

RAK (UAE) - ICC Formation Key Information

Updated time: Feb 3, 2018 , 11:08 (UTC+08:00)

RAK (UAE) - ICC

General
Type of entity ICC
Type of law Hybrid
Shelf company availability Yes
Our time to establish a new company Normal 4 working days
2 working days in urgent
Corporate Taxation Nil
Double taxation treaty access No
Share Capital or Equivalent
Standard currency AED
Permitted currencies Any
Usual Minimum issued 1 AED
Usual authorized 1,000 AED
Directors or Managers
Minimum number One
Local required No
Publicly accessible records No
Location of meetings No
Members or Shareholders
Minimum number One
Publicly accessible records No
Location of meetings Anywhere
Company Secretary
Required Optional
Local or qualified No
Accounts
Requirement to prepare Yes
Audit requirements No
Requirement to file accounts No
Publicly accessible accounts No
Others
Requirement to file annual return No
Change in domicile permitted Yes

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


Related Countries

  1. Anguilla - IBC
  2. Bahamas - IBC
  3. Belize - IBC
  4. Belize - LLC
  5. British Virgin Islands - BC
  6. Cayman Islands - Exempt Private Limited
  7. Cayman Islands - LLC
  8. Cyprus - Private Limited
  9. Delaware - LLC
  10. Delaware (C - Corp or S - Corp)
  11. Gibraltar - Private Limited
  12. Hong Kong - Private / Public Limited
  13. Jersey - Limited
  14. Liechtenstein - AG
  15. Liechtenstein - Anstalt
  16. Luxembourg - Commercial
  17. Luxembourg - Soparfi
  18. Malta - Private Limited Liability Company
  19. Marshall Islands - IBC
  20. Marshall Islands - LLC
  21. Mauritius - GBC1
  22. Mauritius - GBC2
  23. Netherland - Private Company (BV)
  24. Nevis - LLC
  25. Nevis - NBCO
  26. Panama - Non Resident
  27. Samoa - IC
  28. Seychelles - IBC
  29. Singapore - Exempt Private Limited
  30. St. Vincent and the Grenadines - IBC
  31. Switzerland - LLC (GmbH)
  32. United Kingdom - LLP
  33. United Kingdom - Private Limited
  34. United Kingdom - Public Limited
  35. Vanuatu - IC