RAK ICC as a Key Registry for Economic Substance in the UAE

RAK ICC as a Key Registry for Economic Substance in the UAE

Articles

At OMC Group, we provide corporate solutions that integrate legal structure and operability into a single model. As part of this philosophy, we help our clients operate within secure, efficient structures in the United Arab Emirates.

To achieve this, we offer global services that allow your entity to operate with confidence and efficiency in key jurisdictions such as Dubai. As part of OMC Group’s integrated services in the region, we provide solutions for the incorporation and administration of entities in key registries, with RAK ICC being one of them, recognized for its legal solidity, flexibility, and international standards.

RAK ICC: A Solid Legal Framework for Diversification

RAK ICC is the most established corporate registry in the United Arab Emirates. It is distinguished by:

  • Reliable Legal Framework: Offers 100% foreign ownership and global recognition.
  • Fiscal and Asset Optimization: Allows for fiscal and asset optimization by not applying corporate taxes on income obtained outside the UAE.
  • Simple Management: Characterized by agile processes and efficient regulatory compliance.
  • International Diversification: It is ideal for those seeking a presence in a stable and competitive environment.

The Key to Operability Thanks to the New Free Zone License

The true competitive advantage lies in the RAK ICC Free Zone Business License initiative, which is designed to offer greater flexibility, tax advantages, and enhanced international reach.

The main benefits of this new license for your entity include:

  • Access to RAKEZ Free Zone: Allows you to establish a physical presence in Ras Al Khaimah.
  • Residency and Tax Advantages: Includes the possibility of applying for tax residency certificates and benefiting from double tax treaties.
  • Domicile Flexibility: Offers flexible options, ranging from the use of the registered agent’s address to coworking spaces or dedicated offices.
  • Centralized Administration: Your registered agent acts as the main point of contact for corporate maintenance and compliance.

Comprehensive Support from OMC Group with RAK ICC and the UAE

At OMC Group, we offer a complete portfolio of corporate and administrative services in Dubai. Our goal is to provide you with security, efficiency, and compliance.

We integrate the entire process, from the incorporation of the entity to the opening of corporate bank accounts.

With OMC Group, we offer you local expertise backed by global presence and our commitment to transparency, compliance, and service excellence.

LinkedIn

Get exclusive content, expert tips, and industry news that will help you keep up to date.

Let's work together

Step 1 of 2