BALTIC LEGAL

61 Lacplesa Str., Riga, Latvia, Riga, NSW 01011

37167651111

Confidus Solutions

https://www.baltic-legal.com/offshores-company-uae-eng.htm

We provide a wide range of offshore services such as company formation and maintenance, creating and maintaining bank accounts, etc. Most common reasons for choosing the offshore are optimization of taxes, asset protection, captive insurance, protection of intellectual property, confidentiality and privacy.

Ras Al Khaimah offshore

Ras Al Khaimah (RAK) is an Emirate in the United Arab Emirates (UAE). There are only two types of offshore companies available in the UAE, one being Ras Al Khaimah Free Trade Zone (RAK FTZ) and the other being Jebel Ali Free Zone Authority (JAFZA) in Dubai. At first JAFZA company was used as a typical offshore, but since the introduction of the RAK FTZ, RAK has become the main place to establish an offshore company in the UAE.

About companies in UAE

All business must be conducted outside the United Arab Emirates

Local office in the RAK of the UAE is not required

A non-RAK resident may be a director or shareholder

The company can hold a bank account anywhere in the world

Business related to banking or insurance must acquire a special license

Companies in RAK can be set up remotely

Tax system

RAK has double tax treaty with more than 30 countries

No tax regime for:

Deposits

Capital gain