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Ras Al Khaimah offshore (16th Sep 22 at 5:46pm UTC)
Ras Al Khaimah (RAK) is an emirate in the United Arab Emirates (UAE). There are only two types of offshore companies in the UAE, one is the Ras Al Khaimah Free Zone (RAK FTZ) and the other is the Jebel Ali Free Zone Authority (JAFZA) in Dubai. Initially, the JAFZA company was used as a typical offshore company, but since the introduction of the RAK FTZ, RAK has become the main place to set up an offshore company in the UAE.

About UAE companies
All transactions must be done outside of the United Arab Emirates
A local office in the RAK of the UAE is not required
A non-RAK resident can be a director or shareholder
The company can maintain a bank account anywhere in the world
Transactions in connection with banks or insurance companies require a special permit
Businesses in RAK can be formed remotely
control system
RAK has double tax treaties with more than 30 countries
No tax regime for:
corporate income
double tax treaty

The UAE has double taxation treaties with Algeria, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Canada, China, Cyprus, Czech Republic, Egypt, Estonia, Finland, France, Georgia, Germany, and India Indonesia, Ireland, Italy, Kazakhstan, Latvia, Lebanon, Luxembourg, Malaysia, Malta, Mauritius, Morocco, Mozambique, Netherlands, New Zealand, Pakistan, Philippines, Poland, Portugal, Romania, Seychelles, Singapore, South Korea, Spain, Sri Lanka, Sudan , Switzerland, Syria, Tajikistan, Thailand, Tunisia, Turkey, Turkmenistan, Ukraine, Uzbekistan, Venezuela, Vietnam, Yemen.

Business needs
Original bank reference
Proof of residence
Notarized copies of passports of all unit holders
Minimum capital of AED 2000

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