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RAK Offshore Companies – More Information

A RAK offshore company can operate a bank account in the UAE for the purpose of conducting international business and can also maintain professional relations with legal consultants, accountants and other similar persons carrying out business within the UAE.

However, before proceeding with a RAK offshore company formation, it is important to note that the following restrictions are imposed on these companies:

  • RAK offshore companies are restricted from carrying out activities in the UAE.
  • A RAK offshore company cannot carry on a banking business or undertake the business of an insurance or reinsurance company, insurance agent or an insurance broker.
  • The RAK offshore company cannot carry on any business which may be restricted by the relevant authority and its regulations under which the offshore company is established.

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Our professional staff will assist you step by step to setup your DMCC or other Free Zone / Offshore company and, to open your corporate bank account with a reputable Bank in Dubai.

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rak-icc
Shams
RAK Free Trade Zone
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Emirates NBD Offshore Bank Account Opening
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