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What is the difference between offshore Ras Al Khaimah and offshore in Dubai, Jebel Ali

Offshore RAK ICC company is registered in free trade zone of Ras Al Khaimah.

Offshore Jebel Ali is registered Free Zone in the Emirate of Dubai.

Furthermore, offshore Ras Al Khaimah may have registered address in Ras al Khaimah and Dubai depending on the address of the registered agent.

Offshore in Dubai is almost twice as expensive as the offshore in Ras Al Khaimah. Its main advantage is that the company in Dubai may purchase property in Dubai. Accordingly, Dubai Offshore, apart from higher cost, shall also have at least two directors and submit annual reports, which is not required for offshores in Ras Al Khaimah.

In summary, the main differences - if there is a requirement to purchase property in Dubai for the company - then best solution is offshore in Dubai.

If there is no such requirement, then these issues shall be addressed by the offshore RAK ICC in Ras Al Khaimah. In addition, the property in Dubai, if necessary, may be purchased on the name of a private person.

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