Description: Official Ras Al Khaimah Registered Agents - Interested in establishing a RAK Offshore Company? Obtain a RAK Freezone Company License today!
An IBC company is a company that is set up in the Free Economic Zone and carries out any kind of international business activities. Additionally, an IBC is allowed to open a UAE bank account . Therefore, business people who seek to set up a company within a tax-free environment as well as open a bank account should opt for an IBC. An IBC may be incorporated either by individuals or companies. Finally, the source of income of an IBC company must derive from another jurisdiction other than the one it is regis
Legal Protection
The UAE is not considered as a ‘tax haven’ jurisdiction. The Financial Action Force (FATF) has not blacklisted the UAE. Therefore, those choosing to set up an IBC within the UAE are protected by the UAE legislation and conduct business activity legally, which comply with international standards.
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