HIGHLIGHTS OF RAS AL KHAIMAH

• Excellent corporation law
• Flexible company law
• No taxes levied on international and banking transactions
• No exchange control regulations
• Political and economic stability
• Excellent hotel accommodations
• Excellent worldwide communication facilities
• Skilled personnel
• No capital gains, income or other kinds of taxes

DUBAI (RAK) OFFSHORE COMPANY FEATURES
General
Type of Company	Limited by shares
Political Stability	Excellent
Common or Civil Law	Any
Disclosure of Beneficial Owner	No
Migration of Domicile Permitted	Yes
Corporate Taxation	Nil
Language of Name	English or Arabic
Corporate Requirements
Minimum Number of Shareholders / Members	One
Minimum Number of Directors / Managers	One
Corporate Directors / Managers Permitted	Yes
Usual Authorised Capital	AED 10,000 (minimum)
Minimum paid up	Fully paid
Local Requirements
Registered Office/Agent	Yes
Local Partner	No
Local Directors	No
Local Meetings	No
Government Register of Directors / Managers	Yes
Government Register of Shareholders / Members	Yes
Annual Requirements
Annual Return	No
Submit Accounts	No
Recurring Government Costs
Minimum Annual Tax / Licence Fee	AED 2,000
Annual Return Filing Fee	NA