Offshore companies (RAK ICC)

A holding or asset-owning company, without an office or visas.

At a glance

Fee: AED 3,500 one-off
Timing: Typically 1 to 2 weeks
For: Holding companies for UAE and foreign subsidiaries

An offshore company is used to hold shares, property or intellectual property. It cannot trade in the UAE or sponsor visas. We set it up through a registered agent and keep its registers and accounts in order.

What is included

Structure check
Registered agent through our partner
Incorporation documents
Registers of members and beneficial owners
Bank account support

How it works

Four steps, agreed up front.

01
Structure
Confirm offshore is the right vehicle.
02
Incorporate
Documents prepared and filed.
03
Registers
Registers and share certificates issued.
04
Maintain
Annual renewal and accounts.

Offshore companies fees

Open the estimator

Offshore company (RAK ICC)Registered agent fee included; government fees at cost.	AED 3,500 one-off
Corporate bank account opening support	AED 1,500 one-off

Fixed fees, excluding 5% VAT. Government fees are passed on at cost.

What we need from you

Passports and proof of address
Source of funds summary
Proposed structure

Not sure you have everything? Send what you have — we will tell you what is missing.

Common questions

About offshore companies.

Not covered here? — we reply within one business day.

Does an offshore company pay corporate tax?

It may. Corporate tax depends on where the company is managed and what income it earns, so we check this during setup.

Are the government fees exact?

They are typical current figures. Your written quotation confirms the exact amount for your activities and the free zone’s latest schedule.

Why does year two cost less?

Residence visas last two years, and formation work is one-off. Year two is mainly the licence renewal.

Which free zone should I choose?

It depends on your activities, visa needs, budget and whether you need a Dubai address. We compare two or three for you in writing.

Often done together

Related services from the same team.

Free zone setup

IFZA, RAKEZ, SPC, Ajman or Meydan — chosen for your activity, not our commission.

View service

Corporate tax

Registration, Small Business Relief, free zone rules and the annual return.

View service

Tell us about your business

Tell us what you need for offshore companies — a fixed quote within one business day.