Bearer share structure is not permitted under RAKICC.
A company is permitted to hold treasury shares. All rights and obligations attached to a treasury share will be suspended and shall not be exercised by or against the company while the company holds the shares as treasury shares.
The RAKICC Business Companies Regulations 2016 permits a company to issue bonus shares, partly paid shares or nil paid shares.
A company may issue shares with and without par values. Issuance of fractional shares is also permitted.
A share with a par value may be issued in any currency.