Ras Al Khaimah Economic Zone (RAKEZ) Trade License

Yes, though it requires careful preparation. RAKEZ is considered a credible jurisdiction by UAE and international banks. However, offshore entities face additional scrutiny during the account opening process. We can advise on the most suitable banking options and help prepare your application to maximise the chances of approval.

In most cases, the registration process can be completed remotely. However, a visit to the UAE is typically required to open a corporate bank account, as UAE Central Bank regulations generally require in-person identity verification.

RAKEZ offshore companies are permitted to own freehold property in designated areas of Ras Al Khaimah. Property ownership in other emirates may be subject to separate regulations.

No. A RAKEZ offshore company is a separate legal structure designed for international business, holding, and asset protection. It does not permit the holder to conduct business within the UAE, obtain UAE residency visas, or maintain a physical office in the country. A free zone company offers these capabilities but at a higher cost and with greater compliance requirements.

Registration typically takes between five and ten working days from the date of complete document submission and payment.

Yes. RAKEZ offshore companies can accommodate multiple shareholders. Share ownership can be held by individuals or corporate entities, including other offshore or free zone companies.