RAS AL KHAIMAH OFFSHORE FREE ZONE

Ras Al Khaimah Emirate (UAE) is a Premier Offshore Jurisdiction. An UAE Offshore Company registered in Ras Al Khaimah (Free Zone Company) is used for International Trade and Investment. Bearer shares are not allowed.

An UAE Offshore Company cannot trade within UAE. Banking, insurance, assurance, reinsurance business, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

An UAE Offshore Company does not pay any tax on its worldwide profits and there is no requirement to file accounts with the UAE authorities.

Language of Legislation and Corporate Documents

English/Arabic. 

Type of Company for International Trade, Investment & Tax Planning

International Company (IC).

Share Capital 

The minimum requirement for share capital is AED1,000, Which must be fully paid up.

Classes of Share Available

Ordinary shares, preferred shares, deferred and shares with or without voting rights. 

Bearer Shares

Not permitted. 

Restrictions on Trading

Cannot trade within the UAE. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required

Yes, must be maintained in Ras Al Khaimah.

Directors

The minimum number of directors is one. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.

Shareholders

The minimum number of shareholders is one.

Publicly Accessible Records 

No.

Location of Meetings of Directors and Shareholders

Anywhere.

Disclosure of Beneficial Ownership to Authorities

No. 

Personal Presence Required

No.

Taxation 

Nil.

Double Taxation Treaty Access

None.

Requirements to File Accounts

None.

Requirement to File Annual Return

None.

Audit Requirements

None.

Currency

Dirham (AED). 

Exchange Control

None. 

Language of Name 

English.

Required Words 

Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-

(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;

(b) the patronage of their Highnesses the members of the Federal National Council.

Name of a Company

The name of the company may end with the word “Limited”, “Incorporated”, “corporation”, “Gesellschaft mit beschränkter Haftung”, “Aktiengesellschaft”, “Société par Actions”, “Société Anonyme”, “Sociedad Anonima” or their abbreviations thereof “Ltd”, “Corp”, “Inc”, “GMBH”, “AG”, “SPA”, “SA”.

Time to Incorporate

One day.