RAKICC, a government-owned corporate registration center in Ras Al Khaimah, UAE, is responsible for registering RAK offshore companies. It is highly regarded in the offshore company setup industry and is ranked among the top jurisdictions globally, alongside BVI, Jersey, and the Cayman Islands. RAKICC offers efficient legislation for establishing and managing offshore and international business companies, making it a preferred choice for many businesses seeking offshore company formation.
For RAK offshore company formation, you'll need to provide several documents. These include the application form, proof of identity (such as passports) for all shareholders, directors, and the appointed secretary, as well as proof of address for these individuals. A bank reference letter confirming the shareholders' account details and good standing is also required.
Additionally, you'll need to submit a detailed business plan, the Memorandum and Articles of Association outlining the company's structure and activities, a board resolution authorizing the company's formation, and a power of attorney if applicable. A declaration of trust and a no-objection certificate (NOC) from local authorities in the shareholder's country of residence may also be necessary.