Ras Al-Khaimah LLC

Ras al Khaimah Free Zone LLC, is an independent legal entity, with individual shareholders, corporate shareholder(s) or a mixture of both individual and corporate shareholders. Free Zone Company is similar to FZE. However, Free Zone Company (FZC) allows multiple shareholding (maximum 5 shareholders).

Ras al Khaimah Key Features

1. The RAK (LLC) is governed by the RAK Free Zone Regulations, 2006.
2. A RAK Free Zone LLC is not permitted to undertake trade within the United Arab Emirates (except for holding real estate assets (with prior authorization from RAK Investment Authority).
3. The liability of the shareholders of a RAK Free Zone LLC is limited up to the unpaid amount of the shares they hold.
4. The minimum number of shareholders of a RAK Free Zone LLC is 1 and the maximum is unlimited.
5. There is no restriction on the residence of the shareholders of a RAK Free Zone LLC.
6. There is no minimum capital requirement for a RAK Free Zone LLC.

Ras al Khaimah Legal Requirements

Ras al Khaimah LLC Tax Treatment

There are no direct income taxes on an LLC

Ras al Khaimah LLC Duration to Set up

1 or 2 Business Days

Distinctive Benefits of RAK LLC

1. Ras al Khaimah business setup, UAE is a tax free country.
2. Ras al Khaimah Free Zone company setup offers100% ownership
3. Physical office not required for Free Zone company incorporation in Ras al Khaimah
4. UAE residents can incorporate Free Zone company in Ras al Khaimah
5. UAE Free Zone company directors and shareholders records are not public
6. No filing of audited financial statements for UAE Free Zone companies

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