Valsen Corporate

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

    Corporate Details

    General
    • Type of company

    LLC
    • Meeting requirement and location

    No, Anywhere
    • Registered office and Agent

    No
    • Double taxation treaty access

    Yes
    • Company seal

    Optional

    Shareholders and Directors
    • Number

    1
    • Local representative

    No
    • Nominee services

    Yes

    Shares and initial capital
    • Minimum Requirements

    No
    • Annual Reporting

    No

    Accounting and Audit Requirements
    • Requirements to file returns

    Yes
    • Requirements for Auditing

    Yes
    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
    The Valsen Advantage
    1. End to end comprehensive service
    2. Speedy and efficient service
    3. Expert advice on structuring options
    4. Dedicated ongoing compliance support
    5. Extensive network pool of service providers