Full Analysis of Foreign Shareholder Registration of Khaimah Horn Company

Ras Khaimah in the United Arab Emirates has become a popular choice for foreign investors to set up offshore companies around the world due to its relaxed business policies, high confidentiality and tax advantages. According to the latest policy and practical cases, foreign shareholders can register their companies in Ras Al Khaimah without local partner or residence requirements.

Policy Basis

1.100 per cent foreign ownership

ras Al Khaimah, one of the seven emirates in the UAE, allows foreign investors to fully own shares in companies without the need for joint ventures with local entities or individuals. This policy applies to two main types of registration:

offshore companies: focus on international business and may not operate in the UAE, but may legally hold overseas assets, conduct international trade or investment.

Free trade zone companies: allowed to conduct business in the free trade zone or abroad, can apply for employee visas, physical office permits, and enjoy specific industry subsidies (such as new energy, technology).

Statelessness and residence restrictions

the status of directors and shareholders is not restricted by nationality, and individuals or legal entities may act as shareholders or directors.

There is no need for foreign shareholders to reside in the UAE, and registration and subsequent management can be done remotely through an agency.

3, privacy protection and tax exemption.

The RAK government provides a high degree of confidentiality for companies, director information is not publicly disclosed, and companies are not subject to business tax, personal income tax and withholding tax.

Not included in the "blacklist" of international tax havens (e. g. OECD, FATF), low compliance risk, suitable for asset protection and tax optimization needs.

Registration Process and Key Documents

to register a RAK company, follow these steps and prepare the core documents:

1. Company name approval

provide 3 English alternative names with the suffix "Limited", "Ltd." or "Corp.";

avoid using sensitive words (such as "bank", "insurance", "royal", etc.).

2. Shareholder/director document preparation

individual shareholders/directors:

passport scan (valid for more than 6 months);

proof of English address in the last 3 months (e. g. utility bill, bank statement);

personal English resume and contact information.

Corporate shareholders:

business license, registration certificate and other documents;

UAE Embassy and Consulate Certification (MOFA Certification) is required.

3. Business plan and registered capital

the business plan shall specify the business scope, target market and expected revenue;

the default registered capital of offshore companies is 100000 dirhams (no need to pay in), and FTZ companies recommend paying in 50000 dirhams to enhance credit.

Registered Address and Legal Secretary

the registered address must be located in the UAE (offshore companies can use virtual addresses);

the statutory secretary may be a local licensee responsible for document management and compliance matters.

Risk Avoidance and Compliance Points

1. Industry restrictions

offshore companies may not engage in banking, insurance, financial derivatives and other businesses that require franchising;

free trade zone companies need to confirm whether the industry is within the scope of local government approval.

2, bank account opening challenges.

Some banks require legal persons to sign in person and provide detailed business plans and proof of funding sources;

3. CRS and Tax Compliance

although RAK is not required to pay taxes locally, it is subject to the Chinese CRS Information Exchange Rules;

if the company's actual management organization is located in China, it may be required to declare global income under Chinese tax law.

4. Agency selection

avoid unqualified agents and choose RAK government-certified institutions;

confirm that agency fees are transparent and avoid hidden fees (e. g., notarization fees, translation fees).

Zhuoxin Enterprise provides agency services such as domestic and foreign company registration, bank account opening, annual tax return, agency bookkeeping, trademark registration, ODI Overseas Investment Filing, etc. If you have any business needs in this area, please feel free to consult our online customer service!