Company setup

Fundamentally used for the minimization of taxation, protection of assets purposes, International Business Company (typically known as an Offshore Company) became the most attractive corporate structure for foreign investors. Offshore company setup is the mechanism of the first choice for the financial privacy, zero bureaucracy, low cost, security and property rights and foreign investments. Offshore company registration in the UAE provides you with the real opportunity legally to raise profitability of your business, simplified reporting system, anonymity and confidentiality.

We will provide you the best solution to set up a new offshore company to optimize your business.


  • Absolute privacy, confidentiality and protection of assets and information
  • Offshore companies' shareholders and members are not eligible to apply for resident visas in UAE.
  • Offshore companies (not authorities) can obtain a corporate tax exemption certificate.
  • Offshore companies cannot have physical office in the UAE.
  • Offshore companies can own shares of any UAE company - IC, Free Zone, or Local Company.
  • Offshore companies can maintain a bank account within or outside the UAE.


RAK International Corporate Centre (RAKICC), based in Ras Al Khaimah Emirate in UAE, is the most popular destination to set up an Offshore Company. RAKICC is an advanced, world-class organization registry operating in full consistency with international norms and best practices in the International Company Formation industry.

RAKICC combines security and confidentiality as entrepreneurs get the opportunity to exploit 0% income, wealth, and sales tax while corporations use corporate tax exemptions.

RAKICC Offshore Company can own freehold real estate properties in Dubai without obtaining a Dubai trade license. For this registered offshore companies can obtain a No Objection Certificate (NOC) from RAKICC and register it with Dubai Land Department to be able to purchase the real estate property under the company name.

For new RAKICC Offshore Companies, this is a unique chance to invest in the highly developed Dubai real estate market and enjoy absolute confidentiality as well as protection of assets and information. MY Business Consulting DMCC is a Registered Agent for RAKICC, and can help you get started the right way!


  • 100% foreign ownership
  • 0% personal tax
  • Audit Report is not compulsory
  • Zero Bureaucracy & Streamlined Administration
  • There is no public registry published
  • 100% repatriation of capital and profits
  • 0% corporate tax
  • No restrictions on the directors'/shareholders' residency or citizenship
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