What it is
Asset holding, international operations
RAK ICC is the UAE's modern offshore registry. It suits holding companies, IP ownership, investment vehicles, and international trading structures. No office lease and no visas are attached to the license. The company may hold UAE property in designated areas, own shares in UAE entities, and maintain bank accounts subject to due diligence. Onshore trading in the UAE is not permitted. We set the structure, prepare filings, and coordinate with the registered agent.
HOW IT WORKS
From application to license — RAK Offshore (RAK ICC)
Scoping and alignment
We confirm shareholders, directors, activities, name choices, and banking goals. We outline any notarization and legalization needed.
Company documents
We prepare incorporation forms, arrange KYC and UBO filings, and coordinate signatures with the registered agent.
Registry fillings
We submit the application to RAK ICC and track the file to approval.
License issuance
Certificate of incorporation, memorandum and articles, and company extract are issued. We set your compliance calendar.
Go live
We deliver a bank ready pack and support account opening. We brief you on renewals and record keeping.
DOCUmentation
What we need to start the process
Shareholders and manager
Passports, specimen signatures, and contact details.
Proof of address
Recent residential address evidence for each person, issued within three months.
Corporate shareholders
Legalized incorporation papers, memorandum and articles, good standing or incumbency, a board resolution authorizing the RAK ICC setup, and a structure chart.
Source of funds
Bank statements or wealth evidence that supports capital origin.
Purpose and activities
Brief note on intended use, assets, or trading flows outside the UAE.
Registered agent forms
KYC, UBO, sanctions checks, and risk questionnaires in the agent's format.
costs and timelines
Clear costs, precise timing.
Authority fees
Name reservation, incorporation, and annual registry fees, plus the registered agent's incorporation and yearly service fees.
Professional services
Structuring advice, document drafting, legalization coordination, and delivery of a bank ready pack. Pricing is fixed and transparent in your proposal.
Typical timing
With documents and legalizations ready, incorporation completes in five to ten days. Banking timing depends on profile and completeness.
What can extend timing
Legalization delays, enhanced KYC, or changes to ownership during review. We flag these early so you can plan with confidence.
compliance
Stay compliant, avoid interruptions.
Annual renewal
Renew the registration each year with the agent and registry.
Accounting records
Maintain proper accounting records and keep them at the chosen records address. Provide annual confirmation as required.
UBO and sanctions
Keep UBO information current and respond to registry or agent requests.
Limitations
No onshore trading in the UAE. No visas are attached to offshore companies. Property holding is allowed only in approved areas and with developer consent.
Annual renewal
Renew the registration each year with the agent and registry.
Accounting records
Maintain proper accounting records and keep them at the chosen records address. Provide annual confirmation as required.
UBO and sanctions
Keep UBO information current and respond to registry or agent requests.
Limitations
No onshore trading in the UAE. No visas are attached to offshore companies. Property holding is allowed only in approved areas and with developer consent.
WHY TAKWEEN
Your RAK ICC company, done right the first time
We combine expertise, personalized service, and a commitment to excellence to make your RAK ICC offshore company formation seamless.
Expert Consultants
Our team consists of seasoned professionals with extensive knowledge of UAE business regulations.
Personalized Service
We tailor our services to meet your specific business needs and objectives.
Fast Processing
Efficient processing to get your business up and running in the shortest possible time.
Ongoing Support
Continuous assistance even after your business is established for smooth operations.
24/7 Support
On-call support for quick answers and fixes. One contact logs requests, tracks status, and escalates vendors so work stays on schedule.
FAQ
Frequently Asked Questions
Start your RAK Offshore company the right way
Ready to start your UAE business journey?
Tell us your structure and purpose. We will confirm the steps, coordinate with the registered agent, and deliver a bank ready pack.