Basic Steps to Setting Up a Company

Overview

  • Ras Al Khaimah International Corporate Centre (RAK ICC) is a corporate registry operating in Ras Al Khaimah (RAK) in the United Arab Emirates (UAE). It is a modern, world class company registry operating in full compliance with international standards and best practices in the international business company (IBC) formation industry.

  • RAK ICC is the consolidation of two company registries in Ras Al Khaimah, namely RAK International Companies (formerly a part of RAK Free Trade Zone) and RAK Offshore (formerly a part of the RAK Investment Authority) and was formed as per Ras al Khaimah Emiri Decree No. 12/2015 On the Establishment of RAK International Corporate Centre as amended by Ras al Khaimah Emiri Decree No. 6/2023.

  • RAK ICC is responsible for the registration and incorporation of IBCs, as well as providing a full suite of registry services related to international business company activity.

  • RAK ICC has recently launched RAK ICC wills and probate registry (WPR). Currently, non-Muslims may register their wills in order to guarantee asset distribution and guardianship appointment according to their exact wishes.

Definitions

  • RAK ICC: Ras Al Khaimah International Corporate Centre.

  • RAK: Ras Al Khaimah.

  • IBC: International business company.

  • SPC: Segregated portfolio company.