2.1 Services and Fees
The RAK ICC Company Formation
RAK ICCCompany formation RAK ICC (UAE)
Overview of services included:
- complete RAK ICC company formation incl. applicable licence fees;
- corporate kit with and original copies of all documents and certificates;
- annual fees for the first 12 months after company formation;
- bank accounts and a virtual office (optional);
- free support and advice, before and after formation.
All the information:
You can find all of the relevant information in our 3 page summary.
- including a printable version (PDF) of each page;
- including support and advice via email, live chat, telephone or in one of our consulting centres;
- comprehensive, with no hidden costs.
RAK Offshore Company Formation in the Premium Package
Services and Fees
We offer you complete RAK offshore company formation in one all-inclusive package.
Service Description
Comprehensive support and advice before and after formation, including:
| Support and advice via email, telephone or personally at our offices | included in the formation fees |
| Advice on banks and the business bank account | included in the formation fees |
| Issue of (premium) bank cards in different currencies and countries | included in the formation fees |
| Access to special agreements with American Express | included in the formation fees |
| Flight & hotel booking and car rental assistance | included in the formation fees |
| Meet & greet and chauffeur services | included in the formation fees |
| Assistance in arranging business meetings worldwide | included in the formation fees |
| Access to special discounts through our partnerships | included in the formation fees |
Complete guidance throughout company formation, including:
| Name-check and approval | included in the formation fees |
| Preparation of the Memorandum of Articles (MOA) | included in the formation fees |
| Payment of all fees for the first year (12 months) | included in the formation fees |
| Issue of the company stamp | included in the formation fees |
EXTRACTS AND DOCUMENTATION
| Certificate of Incorporation (original) | included in the formation fees |
| MOA (original) | included in the formation fees |
| Certificate of Incumbency (original) | included in the formation fees |
| Corporate Kit | included in the formation fees |
Complete Formation Fees
| Fees (TOTAL) : | USD 2,240.00 |
| Shipping costs (courier) : | USD 119.00 |
| Total (one-time payment) : | USD 2,359.00 |
Optional Services
Option: Comprehensive Banking Service
When you open your company bank account you will receive our full banking service in return for a one-time fee. Should you have questions, please contact us via Live-Chat, telephone or e-mail: office@uae-company-service.com. The following is an overview of our offer:
| Available Bank Accounts | Fees Due | Amount |
| United Arab Emirates | one-time charge | USD 190.00 |
| Belize | one-time charge | USD 620.00 |
| Europe | one-time charge | from USD 390.00 |
| Caribbean | one-time charge | from USD 420.00 |
Option: Merchant Account
A merchant account allows you to accept payment by credit card. Our partner in this field offers merchant account services for European businesses and offshore companies. We charge you a one-time service fee for our active support during the application process.
| Merchant account | one-time charge | USD 290.00 |
Option: Nominee Services
Upon request, we also offer nominee services.
| Nominee Director | yearly | USD 310.00 |
| Nominee Shareholder | yearly | USD 310.00 |
Option: Office Service (Virtual Office)
A first-class address for your business, a landline telephone number with individualized call acceptance and a postal service including mail forwarding. Your virtual office – Privacy Management Group offers you services to enhance your business.
| Address including postal service | yearly | USD 390.00 |
| Address including postal service & telephone number | yearly | USD 690.00 |
Option: Annual Fees due after 12 months
The initial annual fees, i.e. for the first 12 months after formation of your RAK offshore company, are included in our services. Subsequent annual fees will be due for payment every 12 months.
| Administration fee including advisory services | yearly | USD 470.00 |
| Registered agent | yearly | USD 250.00 |
| Registered office | yearly | USD 250.00 |
| Statutory fees | yearly | USD 750.00 |
| TOTAL | yearly | USD 1,720.00 |
