RAK ICC Premium Product

The RAK ICC Premium Product specifically allows International Business Companies (IBCs) registered with RAKICC (the "Holdco") to conduct business onshore through a subsidiary established in RAK Free Zone (RAKEZ), known as the "Opco." This integrated structure provides a compliant pathway for international business companies to operate within the UAE.
Yes, one of the significant benefits of the RAK ICC Premium Product structure is the eligibility for a UAE Residence Visa. This is a key advantage for investors and business owners looking to establish a physical presence in the UAE.
Absolutely. This product structure enables investors to open local and international bank accounts, facilitating global trade and investments. By establishing a RAKEZ subsidiary, companies gain a physical presence and substance, which is often crucial for seamless international banking relationships.

The RAK ICC Premium Product offers flexibility in office facilities through its RAKEZ subsidiary. Options typically include Flexi-desks, Standard offices, and Executive offices, allowing businesses to choose premises that best suit their operational needs and budget.

By establishing a RAKEZ subsidiary with demonstrable substance, companies utilizing the RAK ICC Premium Product can become eligible to benefit from the extensive network of Double Taxation Treaties (DTTs) that the UAE has signed with various countries. This can lead to significant tax efficiencies for international operations.

Yes, the structure allows for seamless integration, where the owner(s) of the RAK ICC Holdco can also serve as directors or senior management of the RAKEZ Opco, providing direct control and oversight of the onshore operations.

The RAKEZ subsidiary (Opco) can obtain various commercial and service licenses issued directly by the RAK Economic Zone (RAKEZ) authority, depending on the nature of the business activities intended to be carried out onshore.

To facilitate an Investor Visa through your RAK ICC company, the individual seeking the visa needs to be formally added as a shareholder within the subsidiary entity. This establishes the necessary link for visa eligibility within the UAE framework.

Visa processing times vary by service type:

  • VIP Service: 4 working days
  • Normal Service: 9 working days

All subject to immigration approvals and screening.

Please note that visa application is to be processed by client, as once the registration is completed RAK ICC will provide registered agent RAKEZ 360 portal full access.

Only new registration and renewal of RAKEZ subsidiary, is processed by RAK ICC