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.