The International Business Companies (IBC) Registry allows foreign investors to register offshore companies as RAK Offshore, a division of RAK Investment Authority (RAKIA) without the need to establish a physical presence in the UAE. Any non-resident individual or corporate entity can register a company.

RAK offshore International Business Companies ( IBC ) must use the suffix Limited or Ltd. to denote limited liability.RAK offshore IBC can have minimum one shareholder and no maximum limit whose liability is limited to their shares in the company’s capital.100% foreign ownership of the company is allowed.

Information about UAE double taxation treaties and agreements, and a list of countries that have signed double tax treaties with the UAE.Agreements are signed between countries to avoid double taxation for reasons.