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FEES SCHEDULE Year 1 incorporation US$15,500 * Annual costs from Year 2 Company de-registration * For a Free Zone Company. Depending on corporate structure and professional services required. |
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If properly structured, Ras Al Khaimah company formation is a legitimate, tax-efficient, and cost effective way to conduct international business. The following information will help you determine whether Ras Al Khaimah company formation is the optimum corporate structure to fulfill your international business objectives: |
| Advantages of Ras Al Khaimah Company Formation | ||
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Ras Al Khaimah company formation is an excellent alternative corporate structure to Dubai free zone company formation, with faster incorporation procedures and a wide choice of office and warehousing facilities. |
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| 2. | If properly structured, Ras Al Khaimah company formation is an ideal way to legitimately book international profits without paying local corporation tax. In addition, there are no capital gains or personal income taxes in Ras Al Khaimah. |
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| 3. | Ras Al Khaimah company formation permits 100% foreign ownership, if the investor opts to set up a company in Ras Al Khaimah Free Trade Zone. Ras Al Khaimah Free Trade Zone is highly regulated and has a wide choice of office and warehouse facilities. |
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A minimum of one shareholder and one director is required to comply with company formation regulations in Ras Al Khaimah Free Trade Zone. There is no restriction on the maximum number of shareholders, and corporate shareholders are allowed. There is no register of shareholders or directors with Ras Al Khaimah company formation. |
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Through a Ras Al Khaimah Offshore Company, it is possible to have a Ras Al Khaimah entity and business address, without the legal requirement to rent a physical office and employ staff. |
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Through a Ras Al Khaimah Branch Company, investors can wholly own the entity and not be subject to an annual audit. |
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Ras Al Khaimah is strategically-located close to the Straits of Hormuz and only 40 minutes away from the centre of Dubai. |
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Investors choosing Ras Al Khaimah company formation can take advantage of abundant supplies of competitively-priced energy. |
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Healy Consultants will open a corporate bank account for our Client to support Ras Al Khaimah company formation. |
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| 10. | Following Ras Al Khaimah company formation, Healy Consultants assists our Clients to obtain UAE residence and employment visas. For more information, kindly visit our Migration and Relocation services page. |
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| 11. | The UAE is positively perceived as the world’s 25th least corrupt country, according to the 2006 World Democracy Audit. |
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Ras Al Khaimah economy is set to grow up to 18% in 2008, thanks to a combination of Tourism, Industry and services, according to Gulf News | |
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Tourism is set to increase dramatically thanks to openings of many new hotels and part of an initiative that is hoping to increase visitors numbers to over 2.5million by 2012, as reported by Gulf News. | |
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Disadvantages of Ras Al Khaimah Company Formation |
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A Ras Al Khaimah offshore company cannot trade products or provide services within the UAE, and cannot rent local premises or open a corporate bank account in the UAE. |
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A Ras Al Khaimah limited liability company (LLC) requires a minimum 51% shareholding by UAE citizens. |
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A Ras Al Khaimah LLC requires a minimum of two shareholders. This company also requires a minimum capital of Dhs 150,000 (US$40,800). A Free Zone Company and Free Zone Establishment require a minimum capital of Dhs 100,000. |
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Following Ras Al Khaimah company formation, most entities are required to submit annual audited accounts to the Ras Al Khaimah government. |
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| Healy Consultants' Fees for Ras Al Khaimah Company Formation | ||
Healy Consultants' fees for Ras Al Khaimah company formation range between US$9,000 and US$26,500 including i) Free Zone Authority fees ii) working visas iii) Free Zone rental deposit iv) corporate bank account opening and v) Healy Consultants professional advisory fees. |
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| Other information | ||
| Refer to the following links to read more information on Ras Al Khaimah company formation: | ||
| Contact Us | ||
For more information on Ras Al Khaimah company formation, email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120. |
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| Back to Middle East and Africa Company Incorporation page. | ||
| Back to Home page. | ||
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FEES SCHEDULE Year 1 incorporation US$15,500 * Annual costs from Year 2 Company de-registration * For a Free Zone Company. Depending on corporate structure and professional services required. |
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