Offshore Company Formation
Dubai, through its Jebel Ali Free Zone, and Ras al Khaimah, through the RAKIA Free Zone and the RAK Free Trade Zone, offer an International Business Company (IBC) regime. These companies are ideal for any type of business that does not require a local office. This includes any passive investment activity e.g. holding shares in local or free zone companies, holding UAE real estate, or trading activities outside the UAE. IBCs cannot rent office space nor can they apply for staff visas and they are not allowed to trade with parties inside the UAE. The RAK Offshore company is by far the most popular for international entrepreneurs looking to set up their business in the UAE. They have a number of very interesting features from which you can highly benefit.
The RAK Offshore Company is ideal for any type of business that does not require a local office, including passive investment activities. Example activities are:
- Holding shares in international, local or free zone companies
- International consulting
- Investment company
- Trading activities outside the UAE
- Holding intellectual property
- Much more...