Ras Al Khaimah, close to Dubai, is one of the fastest growing
emirates in the United Arab Emirates. The emirate has also gained a
reputation for being a transparent, tax free, corruption free, no
red tape and inexpensive to do business jurisdiction. Ras Al
Khaimah is the most popular offshore jurisdiction, with favourable
business regulations, a prosperous economy and a stable political
situation.
Ras Al Khaimah IBC, is a limited liability company which
conducts its trading and business outside the Ras Al Khaimah and is
intended for offshore activities. It takes up to 2 days to
incorporate a company in the Ras Al Khaimah.
The Directors of the company may be of any
nationality and may reside anywhere. At least one director is
required and there is no requirement to appoint a local resident
director.