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, United Arab Emirates. It is a modern, world class company registry operating in full compliance with international standards and best practices in the International Business Company 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 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. 4/2016.

  • RAK ICC is responsible for the registration and incorporation of International Business Companies, 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 Center.

  • IBC: International Business Companies.

  • SPC: Segregated Portfolio Company.

  • WPR: RAK ICC Wills and Probate Registry.

Practical Guidance