The price of an offshore RAK ICC company in the jurisdiction of the Ras Al Khaimah trade zone may depend on the various factors and includes both the initial registration expenses and expenses for further maintenance of the offshore company. Proceeding from the current practice, one can distinguish the main items of costs for registration and maintenance of the RAK ICC offshore companies as well as understand what price is really the best one.
The price of an offshore company in Ras Al Khaimah for one year includes the following costs:
- Registration and obtaining of the registration certificate;
- Payment of a state duty;
- Payment for the registration agent’s services;
- Preparation of the constituent documents, stamp of the legal entity and certificates for the securities;
- Expenditure on courier delivery of documents;
- If required – the services of the nominee executives, with the preparation of the appropriate declaration.
The price of the annual maintenance of an offshore company RAK ICC in the jurisdiction of the Ras Al Khaimah trade zone includes:
- The state duty;
- Payment for the registration agent’s services;
- If required – costs on prolongation of the services of the nominee directors.
In this case, given the fact that public costs on registration and renewal of offshore companies in the UAE are the same, its ultimate price to the client can vary considerably.
The reason for such differences is the fact, whether the company, which you address to, is the registration agent for RAK ICC companies or not. There are also significant differences in the pricing policy of the companies. Qualified agents offer, by definition, the better prices.
Choosing the cheapest offer is not always the best solution, since the low price may hide either a complete absence of infrastructure and experience, or a rather debatable offer. The most expensive option is also unlikely to make sense, so the best choice is the best price for the RAK ICC is in the middle segment.
