RAKICC, also known as Ras al Khaimah International Corporate Centre, is an offshore corporate registry based in Ras al Khaimah. It is a popular choice for international businessmen who are looking to establish a business presence in the UAE. In this article, we will explore RAKICC and why it is so attractive for international businessmen.
Overview of RAKICC
RAKICC was established in 2016 as part of the Ras al Khaimah government’s efforts to diversify its economy and attract more foreign investment. RAKICC provides a range of services and facilities to international businessmen who are looking to establish an offshore company in the UAE.
Some of the services provided by RAKICC include company formation, company administration, and banking services. The centre also offers a range of incentives and benefits to businesses looking to set up in the region, including a tax-free environment, 100% foreign ownership, and 100% repatriation of profits.
Advantages of RAKICC
There are several advantages to establishing an offshore company in RAKICC. Some of the key advantages include:
Requirements for RAKICC
To establish an offshore company in RAKICC, businesses must meet several requirements. These requirements include:
