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Frequently Asked Questions about Ras Al Khaimah
How long does it take to incorporate a Ras Al Khaimah Company?
Healy Consultants can legally complete Ras Al Khaimah Company registration within four weeks. |
What are the minimum number of directors/shareholders required for a Ras Al Khaimah limited liability company (LLC)?
A Ras Al Khaimah LLC requires a minimum of two shareholders and one director. |
Does a Ras Al Khaimah LLC require a resident director?
A Ras Al Khaimah LLC does not require a UAE resident director |
Are there any restrictions on ownership of a Ras Al Khaimah LLC?
A Ras Al Khaimah LLC requires a minimum 51% shareholding by UAE citizens. However, a 100% foreign-owned company is permitted in Ras Al Khaimah Free Trade Zone. |
What are the minimum capital requirements for a Ras Al Khaimah Company?
There are no specific capital requirements. Some companies face no minimum share capital requirements while others will face minimum capital requirements in accordance with the size, nature and goals of their business. |
Is a Ras Al Khaimah company subject to an annual audit?
A Ras Al Khaimah LLC is required to submit annual audited accounts to the Ras Al Khaimah government. |
What are the tax implications of a Ras Al Khaimah Company formation?
If properly-structured, a Ras Al Khaimah company is legitimately tax-exempt. |
Buy the Ras Al Khaimah chapter of Healy Consultants' Asia Business Set Up book for US$100, to order call +65 6735 0120 or e-mail email@healyconsultants.com
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