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Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
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Foreign travel advice China
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Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
UAE (Dubai RAK) Ras Al Khaimah Companies: A Success Story.
In my opinion, the best IBC jurisdiction available today. Totally secure and confidential. With a great image. What is their not to like?
We obtained our licence with the RAK Investment Authority in 2011 enabling us to offer Ras Al Khaimah Companies to our International clients. This product has proved a huge success for us and our clients and is our favoured jurisdiction for confidentiality and corporate image.
RAK Offshore companies (IBCs) allow foreign investors to register offshore companies without any requirement to establish a physical presence in UAE. Companies are usually incorporated within 48 hours. Any non-resident corporate entity or individual can register a company.
Often jurisdictions are considered as purely tax-havens. The United Arab Emirates has a large population and an established history in the worlds of finance, business and international trade. Today it is one of the fastest growing countries in the world enjoying the highest standards of living.
This is a completely self-sufficient state. Many European jurisdictions are already under a huge amount of pressure from the EU and the British Parliament continues to apply greater pressure on tax havens (Bermuda, BVI, Caymans, Gibraltar, Turks & Caicos). UAE has double taxation avoidance agreements (DTAA) with a large number of countries, preventing individuals and corporations from paying tax on the same amounts during the same period.
UAE is not a member of the Organisations for Economic Cooperation and Development (OECD). However it is not on the OECD 'blacklist' of tax havens. It is also not on the FATF Blacklist either. There is no foreign exchange of information.
It is close in proximity to the Gulf and Global Markets and its geographical proximity and cultural similarities to other Middle Eastern and Gulf countries makes this an attractive location for many other countries in the region as well as on an international scale, popular for its booming economies and financial markets.
Benefits of our UAE Ras Al Khaimah (RAK) Package:
- Simple incorporation and filing requirements
- World-class telecommunications
- World-class banking Facilities with a choice of non-European and European Banks, multi-currency accounts and online banking.
- Confidentiality - Corporation ownership guarantees the beneficial owners confidentiality.
- No need to have a physical presence (offices) in UAE
- Totally TAX Free