RAKICC International Business Company (IBC)
RAKICC International Business Company (IBC)
RAK International Corporate Centre (RAKICC) is the official authority in Ras Al Khaimah for the incorporation of Offshore Companies and International Business Companies (IBC). It provides a structured and compliant framework for global entrepreneurs to manage international trade, investments, and holding structures. RAKICC operates under clear regulations that ensure transparency and adherence to international standards.
B2B Group of Consultants Business Consultants is a registered agent authorized to provide complete assistance for incorporating an International Business Company in RAKICC. Upon submission of the required documents and fees, company incorporation can typically be completed within 1–2 working days.
Required Documents for Company Formation in RAKICC:
- Passport copy of the shareholder
- Proof of residential address (original utility bill for water, electricity, or telephone issued within the last 3 months)
- Bank reference letter from any recognized bank
Features of RAKICC Offshore Company
- Well-recognized and reputable offshore jurisdiction
- 100% foreign ownership permitted
- Shareholder and director can be the same individual
- No physical office required; registered agent address serves as legal address
- Suitable for international operations (no business activities within the UAE)
- Asset protection and investment diversification benefits
- Eligibility to open multi-currency bank accounts in the UAE
- Shareholder presence not mandatory for incorporation
Change of Registered Agent for a RAKICC Company
RAKICC allows offshore companies to change their registered agent if required. Companies seeking improved service support may transfer their agency to B2B Group of Consultants. Our team manages the complete administrative process and coordinates directly with RAKICC to ensure smooth renewal and transition without disruption.
Activities of a RAKICC Offshore Company
- Holding assets
- Property ownership
- Opening corporate bank accounts in UAE banks
- Holding shares in other companies
- General trading
- Consulting services
- Oil and gas trading
Documents Issued by RAKICC Offshore
- Certificate of Incorporation
- Memorandum of Association
- Certificate of Good Standing
- Incumbency Letter
- Share Certificate
- Company Seal
RAKICC Offshore – IBC Fee Structure product
| Product | Years | Standard Fee | Discount % | Fee After Discount | You Save | |||
|---|---|---|---|---|---|---|---|---|
| AED | USD | AED | USD | AED | USD | |||
| RAKICC IBC | 1 | 8,500 | 2,329 | 0% | 8,500 | 2,329 | 0 | |
| Package 1 | ||||||||
| RAKICC IBC | 2 | 17,000 | 4,658 | 15% | 14,450 | 3,959 | 2,550 | 718 |
| Package 2 | ||||||||
| RAKICC IBC | 3 | 25,300 | 6,986 | 20% | 20,240 | 5,545 | 5,060 | 1,425 |
| Package 3 | ||||||||
| RAKICC IBC | 5 | 42,500 | 11.645 | 25% | 31,875 | 8,733 | 10,625 | 2,993 |
| Package 4 | ||||||||
Transfer of Company Domicile to RAKICC
Transfer of Domicile refers to shifting a company’s registered jurisdiction from one offshore authority to another, either within the same country or internationally. Businesses may consider this move for reasons such as regulatory advantages, stable infrastructure, enhanced banking facilities, cost-effective maintenance, or improved business environment.
Under the RAK ICC Business Companies Regulations 2016, an International Business Company from any jurisdiction may apply to transfer its domicile to RAKICC Offshore. The company can retain its existing name, legal identity, operational history, and corporate records.
B2B Group of Consultants’s professional team handles the domicile transfer process efficiently, ensuring continuity of business operations without interruption. As an experienced registered agent associated with RAKICC for over a decade, we provide structured guidance at every stage and coordinate with relevant authorities for timely completion. Assistance for corporate bank account opening can also be arranged as part of the transition process.
Steps for Transfer of Company Domicile to RAKICC
Application
- Initial Application Submission
- Company Name Availability Check
Submission of Documents
- KYC Documents for individual Shareholder/ Directors/ Secretary
- Required Documents for Continuation
- KYC Documents for Corporate Shareholder/ Director/ Secretary
Review
- Due Diligence Verification & Regulatory Review
Acceptance Confirmation
- Invoice Issuance & Payment Approval
- Issuance of Certificate of Continuation by the Registrar
