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A federation of 7 emirates, United Arab Emirates is one of the most preferred global destinations that are loved by both tourists and business investors. Furthermore, starting a business in the UAE has now been made simple by the Emirati government. Be it a freelancer or a multi-millionaire- every individual finds this location as a suitable destination to carry out business. Amongst all emirates, Ras Al Khaimah (RAK) is one of the most preferred business grounds for offshore company formation.
Before anything else, an investor needs to decide on a company name which is unique and meets the technical aspects too. Once the name and business activities are decided, they are required to be submitted to the registry.
After the approval for name & business activities is obtained, the investor needs to submit the signed incorporated documents to the Registrar in RAKIA.
Next step involves payment of company registration fees. It can be made either through cash, online or through money transfer.
After the company is incorporated, the final step is to open an offshore bank account for carrying out the transactions easily. After this, business is now ready. You just need to open a corporate bank account, and then you may start your business operations.
Although the formation of an offshore company is a simple procedure, it becomes tough to deal with the legal proceedings if one is not aware of the steps they need to undergo. So, the ideal option is to engage with an expert to move ahead. to We, at Global Biz Setup, are well versed with the laws and regulations for the formation of a RAK offshore company. Our certified and seasoned professionals will assist you in the formation of your RAK offshore company from start to end. For any assistance or advice on business setup in RAK, connect with us today. We will be glad to be of your assistance.