No taxes. There are no taxes for you in the UAE. That means no income taxes, no corporate taxes, no withholding taxes, no social security taxes, and no VAT. It’s like a fresh breeze.
No reporting requirements and publishing of annual accounts. You do not have to spend time and effort dealing with a costly annual audit like in most other jurisdictions. Focus on your own business instead.
Strict confidentiality as far as the legal entity is concerned. Shareholder, directors, and secretaries cannot be seen in a public register. An extra layer of confidentiality can be found when corporate or nominee directors, secretaries or shareholders are being used.
In comparison to other offshore jurisdictions, the UAE provides you with a solid international banking system with accounts in multiple currencies and access to other financial services. In addition, there are banking options in jurisdictions abroad. You will have peace of mind when you know that your money is secure and within reach.
With only one visit to our office in Business Bay in person, you can set up a RAK Offshore company + bank account.
Enjoy strong asset protection. There is no requirement to pay up capital. It is very difficult to freeze a bank account in the UAE or file a lawsuit against a RAK Offshore company. This means that your assets are much safer here than in the vast majority of countries in the world.
And there is one little secret about the RAK Offshore company that makes it stand out from ALL other offshore jurisdictions. This little trick alone will create instant credibility for your business.
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