Main Characteristics of Ras Al Khaimah Offshore Company formation
Several characteristics distinguish business set up in Ras Al Khaimah offshore from other emirates and jurisdictions. The main features that make Offshore Company Formation in RAK a better option than other does are listed below:
- Provisions related to custody and authority of movable and immovable property
- Exclusively formulated regulations for the inheritance of property
- Feasibility to manage the intellectual property efficiently
- Option to carry out international trading without any hassles
- A hub and source of global outreach
- The director, shareholder and company secretary can be the same person
Advantages of an Offshore Company in Ras Al Khaimah
Offshore company formation in Ras Al Khaimah is advantageous in many ways. Expats can explore the offshore jurisdiction to obtain optimum benefits. The arrival of more FDIs will boost the overall economy and financial strength of the emirate. Therefore, the federal government has been focussing on incorporating business-friendly aspects into the business formation in RAK offshore.
- 100% ownership in the offshore company formed in RAK
- 100% repatriation of profits and capital
- Exemption from import and export duties
- Intellectual property protection acts
- Conducive business environment
- Business-friendly policies
- Zero local and personal tax
- Business set up in RAK offshore can get global financing
- Option to transact in multiple currencies
- No regulations or limitation concerning citizenship of the owner
- Audit report to the government not necessary. Thereby ensuring complete confidentiality to the firm
Business Set Up in RAK with Kiltons
Kiltons business setup services have been the leading organisations supporting ex-pats and residents to realize their business dreams since 1999. Our professional team work tirelessly for your sake and completes the business set up in RAK offshore quickly. The cordial relationship we have with official authorities in the emirate aid us in carrying out the task without complications.
Kiltons business setup services are the best agency if you are looking to set up a business in RAK offshore jurisdiction. We will assign a dedicated team for your support. Well versed with the process, they will conclude the activities in quick succession. Moreover, you will be able to consult our team 24x7 for queries, clarifications and guidance. The proficient team with immense experience and expertise will provide you with invaluable advice concerning business operations in the RAK offshore domain.
Are you thinking of Offshore company formation in RAK?
We will help you to establish a successful business entity in Ras Al Khaimah. To discuss Offshore company formation in RAK, contact us now.