Benefits

BENEFITS OF RAK ICC (UAE)

  • 0% Corporate Tax
  • 0% Individual Tax
  • 0% Withholding Tax: Dividends, Interest Income
  • 0% Capital Gains Tax
  • 0% Indirect Tax on import and export
  • No accounting necessities, records keeping only. No audit requirements and no filing of financial results.
  • No restrictions on ownership and repatriation of capital and profits
  • UAE is a highly stable and recognised jurisdiction. Access to Common Low Courts

OTHER CORPORATE FEATURES

  • 100% foreign ownership
  • One day incorporating process
  • No restrictions on number of shareholders
  • Corporate Director is permitted
  • No office requirement
  • No attestation required for corporate documents
  • Cost efficient registration and renewal fees
  • No requirement to file financial accounts
  • No requirement for minimum capital
  • Constitutional documents can be issued in dual languages

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