Factor | Description |
---|---|
Company Legislation | Ras Al Khaimah Decree dated 7 June 2005 Ras Al Khaimah International Corporate Centre Business Companies Regulations 2016 |
Name | End with “Limited” or “Incorporated” |
Possibility of Migration | Yes |
Tax Rate | Nil |
Shareholders
|
Shareholders
|
Share Capital
|
Share Capital
|
Bearer Shares | Not permitted |
Redeemable Shares | Yes |
Beneficial Ownership Disclosure | No public disclosure of information. Shareholder, Directors, Secretary and Beneficial Owner details provided to RAK ICC. |
Directors
|
Directors
|
Secretary
|
Secretary
|
Local Presence Requirements
|
Local Presence Requirements
|
Availability of Shelf Companies | No |
Meetings | Yes (Can be held anywhere in the world) |
Annual General Meetings | Yes |
Annual Accounts | Yes (Accounts must be approved by the Directors and preserved for seven years) |
Are Accounts Filed | No |
Audit Requirement | No |
Share Transfer Duty | Nil |
Registered Office Required | Yes |
Exchange Controls | No |
Main Characteristics |
|