offshore company formation, incorporation and registration in Ras Al Khaimah from Chesterfield Offshore
 
Home > Offshore Jurisdictions > Ras Al Khaimah

Offshore Financial Centres - Ras Al Khaimah

General Information about Ras Al Khaimah

Ras Al Khaimah is at the northern end of the Arabian Gulf and is one of the seven Emirates that together make up the United Arab Emirates. It has a land area of 1,680 sq. km and a population of about 250,000.

Companies and Taxation

In 2006 the Emirate adopted the International Business Company Regulations 2006 which made it possible, for the first time, for foreigners to incorporate and be the 100% owners of local companies. Ras Al Khaimah offshore companies may not trade within the United Arab Emirates. They may however open banking accounts in the UAE and to a limited extent occupy property there.

Regulation

Companies incorporated within the Ras Al Khaimah Free Zone are regulated by the Free Zone Authority and there is an arbitrational tribunal set up to resolve any disputes relating to the operation of the company. So long as provision is made in the Articles of Association, the shareholders may adopt any international law for the resolution of disputes.

 

Ras Al Khaimah offshore company regulations
Type of entity IBC
Type of law IBC Regulations 2006
Corporate taxation Nil
Double taxation treaties available No

Share Capital

Usual currency AED
Permitted currencies  
Minimum paid up AED 1
Usual authorised Not required
Foreign ownership permitted 100%

Directors

Minimum number 1
Local resident required No
Records publicly available No
Location of Meetings Anywhere

Shareholders / Members

Minimum number 1
Records publicly available No
Location of Meetings Anywhere
Bearer shares permitted Yes

Company Secretary

Required Yes
Local or qualified No

Registered Agent

Required Yes

Accounts

Required Yes
Audit required No
Filing required No
Publicly available No

Other

Annual return required No
Change of domicile permitted No

 

Why not talk to us about forming an offshore company in Ras Al Khaimah? Call +353 1 431 9663 or Click Here to contact us.

   
Back to Top  
 

home | about us | contact us | offshore services | company formation | trusts | partnerships | offshore jurisdictions | becoming a client | professional intermediaries | fact sheets | news items | link to us | disclaimer | site map

Chesterfield
Chesterfield Suite, 9 Cooldriona Court, Dublin Road, Co. Dublin, Ireland
Tel: +353 1 431 9663 | Fax: +353 1 807 7080 | E-mail: sales@chesterfield-offshore.com

Chesterfield Companies
Chesterfield Management Limited, Limassol, Cyprus | Chesterfield Tristan Limited, London, United Kingdom | Chesterfield Management LLC, San Francisco, U.S.A. | Chesterfield Management (Ireland) Limited, Dublin, Ireland

Other Chesterfield websites
Isle of Man | Cyprus | South Africa | Dubai | Kenya | India | Bahamas | British Virgin Islands | Guernsey | Jersey | Switzerland

  © Copyright 2005 Chesterfield and its licensors - All Rights Reserved.