RAK International Corporate Center (RAK ICC) Company Formation in 2025: Process, Perks, and Cost

Ras Al Khaimah (RAK) is one of the fastest-developing business and industry hubs in the UAE. It is widely opted by entrepreneurs globally for incorporating their company due to its ease of use and cost-effectiveness.

One of their premier business hubs is the RAK International Corporate Center (RAK ICC) — A reliable entity through which entrepreneurs can easily establish offshore companies.

Capital: The value of capital used for starting and managing a business. RAK ICC provides a fast, cost-effective way to establish and successfully run a company. You can absolutely run your whole business and maintain total privacy.

Starting your company under RAK ICC in 2025, it’s perfectly suitable for international businessmen who are looking to protect their assets, control their investments, and then go towards global extensions. It offers freedom, security, and total control — all under the trust of the UAE’s legal system.

What is RAK International Corporate Center?

RAK ICC is the UAE’s home to an innovative new corporation being made globally available. It permits both persons and companies of any nationality to establish what are known as International Business Company in RAK, which can conduct global trading, own property, and hold shares in other corporates.

RAK ICC, launched in 2015, has since become one of the world’s key business hubs for offshore companies. It works in partnership with RAKEZ (Ras Al Khaimah Economic Zone), providing investors with the benefits of both offshore and onshore.

This means you can operate internationally through your offshore entity while also expanding within the UAE if you wish. This flexibility makes RAK ICC a reliable choice for investors across the globe.

Key Advantages of RAK ICC Company Formation

Setting up a business with RAK ICC offers many RAK ICC benefits for investors to both companies and individuals based in various parts of the world:

Full Ownership: You own 100% of your company. No local partner is needed. You retain all control over all decisions and all profits. This is why RAK ICC’s customers come from more than 160 countries.

Tax Free:  There is no corporate tax, personal income tax, or dividend tax for RAK ICC companies. You keep more profits. And the UAE has more than 140 double-taxation agreements, so it doesn’t need to pay taxes twice in other nations.

Privacy and Security: It is only the registered agent and RAK ICC who know who owns the company. Your data is kept private, secured from your assets and business.

No Office Required – You can operate the business from anywhere in the world. Renting office space in the UAE is not required. This is ideal for online merchants, consultants, or international trading companies.

Affordable Fees: Company formation in RAK ICC is less expensive than offshore jurisdictions such as the British Virgin Islands or Seychelles. Packages begin around $2,050 (AED 7,500). And even the top-shelf packages that include onshore access are relatively cheap.

Quick Setup: Register the company in 1-3 business days if you have all the documents ready. All paperwork is handled by a licensed agent, making the process easy and seamless.

International Banking: You can set up bank accounts in different currencies, inside the UAE or overseas. This assists with international payments and trade.

Strong Asset Protection – laws on the shore of the UAE guard assets (property, investments, shares). It is a secure home for holding companies, family offices, and investment firms with RAK ICC.

Excellent Location: RAK is ideally positioned linking Asia, Africa, and Europe. It simplifies shipping and logistics, and provides access to more than two billion clients in a few hours.

Step-by-Step RAK ICC Company Formation Guide (2025)

Establishing business with RAK International Corporate Center (RAK ICC ) is a fast, straightforward process. Here’s how it works:

Step 1: Select a Registered Agent

Choose an authorized RAK ICC Registered Agent. They take on your paperwork, play by UAE rules, and file documents for you. A good agent makes sure the process is executed well and properly.

Step 2: Pick a Company Name

Select a one-of-a-kind company name, complying with RAK ICC regulations. WorD Don’ts Avoid “bank,” “insurance,” and “royal.” Your agent will confirm if the name is available and secure it on your behalf.

Step 3: Prepare the Documents

There are a few key documents you’ll need:

• The passports of all shareholders and directors
• Evidence of address (such as a utility bill or bank statement)
• An abbreviated business plan of what your company does
• If you have corporate shareholders in your business, you may also need to supply additional paperwork, such as a Certificate of Incorporation or Board Resolution.

Step 4: Submit Your Application

Your representative submits your company’s application to RAK ICC. Everything is checked thoroughly by the authority to comply with international regulations of AML and KYC.

Step 5: Obtain Your Certificate of Incorporation

With the approval comes your Certificate of Incorporation, which is a piece of paper with your name on it, finally confirming that your company exists. You also get:

• Memorandum and Articles of Association
• Share Certificates
• Company Register

Step 6: Set up your Business Bank Account

You can open a UAE or an RAK ICC offshore company setup account with the company documents of your new business. Most banks allow you to hold amounts in multiple currencies, thereby also making payments internationally a breeze.

Step 7: Secure, Fast, and Flexible Configuration

If all documents are ready, establishing your RAK ICC company will take 1-3 working days. This is perfect for International Business Company in RAK owners, investors, and digital nomads aiming to get a secure offshore company in the UAE. 

RAK ICC Company Formation Cost (2025) 

The initial cost of an RAK ICC offshore company depends on the selected package and other suggested additional tailored services. 

Basic Package Price: 

From USD 2,050 (approx. AED 7,500) 

• Best For: Small businesses, holding companies, and international investors who are straightforward on the RAK offshore company formation side. 
• This includes: RAK ICC Registration Process, Certificate of Incorporation, Memorandum & Articles of Association, and 1 year registered agent service. 

Premium package

Starting Price: Approx. AED 17,500. 

Best For: Businesses that seek RAK ICC offshore company setup advantages, with onshore Access through RAKEZ.

Includes all features of the Basic Package and:

• Having a dedicated business consultant.
• Support for opening a bank account in the UAE.
• Obtaining an onshore trading license via RAKEZ.
• Document attestation and delivery.
• Annual maintenance compliance support.

Additional Costs

You can add the following based on your needs:

• Annual registered agent fees.
• Document attestation.
• Bank account setup.
• Annual renewal fees.

Why is RAK ICC Reasonable in Terms of Pricing

It is more affordable compared to offshore hubs like the British Virgin Islands (BVI), Cayman Islands, or Seychelles, and is more cost-effective. You also have access to the UAE’s robust banking system, easing international trade.

RAK ICC Offshore Company Formation: The RAK offshore company formation is very easy. The setup of an “Offshore” RAK ICC-offshore is to be regarded as a “free zone”.

RAK ICC provides a variety of company types to suit your business objectives:

Standard Offshore Company

• Ideal for: International trade, E-commerce, Investment management, Holding shares or properties internationally.
• Advantages: 100% foreign ownership, no tax, anonymity.
• Perfect for new businesses or entrepreneurs looking for an easy RAK ICC offshore company setup.

RAK ICC + RAKEZ A Hybrid Company

• This is a corporate structure that does not require the appointment of a local sponsor, nor do you need to lease physical office space (unless it serves your business better!).
• Leverages offshore advantages as well as onshore RAK ICC benefits for investors, like local trading and office leasing.
• More Details: Ideal for companies that need a global presence and operations in the UAE.
• Trending for international expansion, combined with the UAE market access.

Holding Company

• For Asset Protection, Real Estate, Investing, or Intellectual Property.
• Protects your cash and company shares under the UAE’s legal system.
• Best for: Investors interested in long-term wealth preservation and risk reduction.

Family Office

• High-net-worth family solution for investment, estate, and succession management
• This provides you privacy, security, and tax efficiency!
• Perfect for families seeking centralized management of wealth under UAE laws

Which Structure to Use

• Trading or Investment Worldwide: Basic UAE offshore company registration
• Onshore and global: Hybrid Company
• Asset protection & long-term wealth: The Holding Company
• Family wealth management: Family Office

All company types of RAK ICC are fully secure, flexible, and globally accepted solutions for investors across the globe.

Why RAK ICC Stands Out in 2025

RAK ICC is a safe and secure place to set up an offshore company in the UAE. Many investors use it because it is easy, fast, and secure. The Following are the Top Reasons Why Everyone is in Love with RAK ICC:

100% Ownership: You will have complete ownership of your business, and you won’t need any local support. This is great because you get to call all the shots and keep all the money for yourself.

No Taxes: RAK ICC business setup is not subjected to company tax, personal tax, and/or VAT for offshore business activity. You will be on to more of your money that you can invest back into your business.

Fast and Easy RAK ICC Registration Process: The registration process is simple and fast. If you do have the proper documents and a licensed agent, your company can be ready in only a matter of days.

Robust Legal Protection: Your assets and investments are protected by the laws of the UAE. This allows you to rest easy knowing that your business and wealth are protected.

Global Banking Access -RAK ICC offers the ability to open a local or International bank account. It makes international payments and global trading simple to process.

Privacy and Compliance: Company owners and shareholders’ information is confidential. RAK ICC is internationally directed, so that your company is considered fully legal and trusted worldwide.

This is very attractive to international entrepreneurs, investors, and family offices seeking a stable, convenient, and dynamic business location, says RAK ICC.

Banking Facilities for RAK ICC Companies

As soon as your RAK ICC company is incorporated, you may well wish to open a bank account in the UAE with one of our recommended banks:

• Emirates NBD
• RAKBANK
• Mashreq Bank
• ADCB

They make it possible to hold money in AED, USD, EUR, GBP, and many other currencies. They offer online banking and international transfers as well. Banks will do a basic KYC (Know Your Customer) check before opening the account. This means your business is 100% compliant and prepared for safe banking.

Trustworthy banking makes it easier for you to transact internationally, pay suppliers, get paid, and grow globally.

Legal and Tax Advantages

RAK ICC business setup is built to provide investors with complete financial and legal protection. The main RAK ICC benefits for investors include:

• No Corporate or Income Tax: Keep all of your business earnings. No Hidden Fees Or Taxes.
• No VAT on Offshore Services: You don’t charge or pay any VAT when trading internationally (no VAT registration required).

Transparent Legal System (Common Law) – The country operates in common law, which is familiar to most international investors. This also means less confusion in business transactions.

Excellent Asset Protection – Benefits of The laws in RAK protect your property, investments, and other assets. Your money is shielded against legal and financial threats.

With these benefits offers, RAK ICC is tailor-made for investors who desire a safe and internationally respected place to operate and own assets with absolute freedom from tax.

Expanding Globally with RAK ICC

RAK ICC structures are very versatile – you can grow your business globally quickly and cost-effectively. There are many things you can do with a RAK International Corporate Center Ras Al Khaimah business setup:

• Be a shareholder in other companies, so you can diversify your investments and hold strategically equity positions around the world.
• Maintain properties in sanctioned territories, a safe and legitimate manner to own real estate interests.
• Perform international trade, Import-Export transactions, and cross-border business conveniently.
• Create a stable and transparent legal framework for the management of international assets such as intellectual property, funds, and investments.

This flexibility also makes RAK ICC business setup an ideal holding company for overseas operations, a strong base from which to build long-term international expansion, and gain the advantage of the UAE’s robust legal, financial, and regulatory environment.

Myths About RAK ICC Explained

There’s a widespread myth that offshore companies are illegal, dangerous, or only for tax cheats. This is far from the truth. RAK ICC is a sovereign jurisdiction within the UAE and has its own independent court system with judges from other international jurisdictions. It offers global entrepreneurs and investors a safe, transparent, and compliant investment environment.

Harboring full robust legitimacy under the law, RAK ICC companies may do, among others, legally:

• Transact business globally through international trade, investment, and business in several jurisdictions.
• Despite the company being under foreign ownership, it can own properties in specific areas of the UAE, hence a perfect structure for property holdings/asset protection.
• Open local and offshore bank accounts in the UAE with multicurrency capabilities for ease of doing business internationally.
• Trade and manage investments globally, such as holding companies for subsidiaries or joint ventures.
• With 100% foreign ownership, no taxes, and a discreet, uncomplicated process, RAK ICC makes certain that your business is done right while practicing in accordance with international laws. So it is a reliable and legal option for international businessmen looking at expansion and protection in one of the most stable emirates of the UAE.

How To Choose The Right RAK ICC Registered Agent

All RAK ICC companies are required to have a licensed registered agent. The agent is your main point of contact with the authority and will process all the paperwork, licensing, and renewals each year.

When choosing a registered agent, keep in mind the following:

RAK ICC License: Make sure the agent is given authority from RAK ICC to submit UAE offshore company registration and filings.

Company Formation Experience: An experienced agent from PRO Services Dubai knows what to do, what not to do and speeds up the approval.

Post-Setup Support: Quality agents should offer consistent support for renewals, document attestation services, and help with setting up bank accounts.

With a good registered agent, your RAK ICC company formation process will be smooth and hassle-free.

Why hire PRO services in dubai?

The company formation process with RAK ICC is easy; however, the banking, compliance, and documentation tend to be time-consuming and complex, especially if you are a first-time investor. Hiring experts in Business setup consultants in Dubai will help to make everything go smooth and efficient.

PRO services Dubai assist with:

Paperwork Submission: Submitting these manually saves time and hassle, as they ensure that everything is done right the first time, every time.

• Selecting the appropriate business structure: Our consultants advice on choosing the right setup (Standard Offshore, Hybrid, Holding, or Family Office) depending upon your business requirements.
• Banking Support: Business setup consultants in Dubai will help set up your local or international corporate account in the UAE – even guiding you through KYC and banking compliance.
• Compliance & Renewals: They remember annual renewals, updates in license, and everyday compliance to keep your business compliant with the legislation of the UAE.

When you appoint PRO services in dubai, you save time and avoid procedural traps, ensuring that your RAK International Corporate Center Ras Al Khaimah business setup in Dubai is running legally, effectively, and safely.

Frequently Asked Questions (FAQs)

Q1: What is RAK ICC?  

RAK ICC is a UAE authority in Ras Al Khaimah that allows global investors to register offshore companies easily.  

Q2: Can I own 100% of my RAK International Corporate Center Ras Al Khaimah company?  

Yes, foreign investors get full ownership without needing a local partner. 

Q3: How long does setup take?  

With the right paperwork, the RAK ICC registration process can be completed within 1–3 working days.  

Q4: Is RAK ICC tax-free?  

Yes, RAK ICC offers complete tax exemption on income, profits, and dividends.

Q5: Can I open a UAE bank account?  

Yes, RAK ICC companies can open accounts in several leading UAE banks.  

Q6: Do I need to rent an office in the UAE?  

No, offshore companies can operate remotely  —there’s no physical office requirement.  

Q7: Is RAK ICC a legal and safe option?  

Absolutely. The UAE government regulates it and follows international compliance standards.

Final Thoughts

In 2025, RAK International Corporate Center (RAK ICC) continues to provide the safest UAE offshore company registration. You can enjoy complete business ownership, tax exemption, privacy, and fast establishment. And all the above are guaranteed by the robust laws of the UAE. 

• RAK ICC is ideal for investors aiming to:
• Safeguard their finances
• Internationally expand their business 
• Safely and effectively manage their business/investment assets. 

Consult business setup consultants in Dubai for a transparent process. While you work on the expansion and growth of the business, they mitigate the hassle of business setup in Dubai.

RAK ICC continues to provide the most relevant, credible, and robust support. RAK ICC is the epitome of global business success.