Yes, restoration is possible. A struck-off RAK ICC entity can be reinstated on the register, subject to the Registrar's approval. This process requires settling all outstanding penalties and charges for the period it was struck off, in addition to a flat restoration fee.

Upon successful registration, documents (Certificate of Incorporation along with the necessary registers) are automatically generated and made available for download within the Service Request, ensuring immediate access and efficiency.

A minimum of one business activity must be selected. There is no upper limit on the number of activities; however, an extra fee per activity will be incurred if more than three activities are selected.

For a RAKICC company, the minimum number of shareholders required is one, while the maximum permitted is 50.

Yes, however, a legal opinion from a lawyer is required, confirming that the additional clauses are in accordance with the RAKICC Business Companies Regulations of 2018.

Yes, RAK ICC offers multi-year registration and renewal options for a maximum of 3 years.

The 30-day grace period commences precisely from your company's official expiry date. During this month-long window, you can still process your company renewal without incurring immediate late penalties. This allows a vital buffer to ensure your business continuity and avoid any disruptions to your corporate activities.

Renewal reminders are sent 30 days prior to the renewal due date. This indicates that applications can be submitted at least one month in advance.

Yes, it is possible to restore a struck off company by paying a restoration fee, all annual fees and penalties. A struck-off company is only deemed dissolved after 3 years. Upon restoration, it is considered that its legal capacity has not been interrupted, and a certificate of good standing could be issued post restoration and renewal.

Yes, a strike off confirmation letter can be requested.

If a company is dissolved due to non-renewal, a Certificate of Dissolution is issued, confirming its dissolution. However, settling liabilities and disposing of assets still lies with the company. A formal liquidation involves settling liabilities and disposing of assets, this requires the restoration of the company.

RAK ICC does not require the legalization of corporate documents from foreign jurisdictions. This significantly simplifies the setup process, saving time and reducing complexities typically associated with international business company registration and document authentication.

RAK ICC facilitates the incorporation process, but the bank account opening is a separate process that needs to be undertaken directly with a bank. RAK ICC will provide the necessary incorporation documents for your bank application. A RAK ICC banking guide is available for registered agents.

Verifying RAK ICC E-documents is straightforward and secure. It can be easily authenticated on the official RAK ICC website by utilizing this direct link: https://rakicc.my.salesforce-sites.com/verifydoc

A RAK ICC Restricted Purposes Company (RPC) is designed for focused operations, permitting a maximum of two specific activities. This structure is ideal for specialized ventures requiring clear and limited business objectives.

A director who is a UAE resident can be appointed as a responsible manager; else it will be by default Registered Agent.

Shares are transferred by an instrument of transfer containing the number, value, amount of shares, as well as the name and address of both the transferor and transferee(s). The Instrument of transfer is signed by both the transferor and the transferee(s) along with the director resolution.