RAK ICC

What RAK ICC does

Ras Al Khaimah International Corporate Centre (RAK ICC) is a government-affiliated corporate registry established by the Government of Ras Al Khaimah in May 2017 through the merger of RAK International Companies and RAK Offshore. It functions as the UAE's international business company (IBC) and foundations registry for Ras Al Khaimah, offering corporate structuring solutions including Company Limited by Shares (CLS), Restricted Purposes Companies (RPC), Segregated Portfolio Companies (SPC), RAK ICC Foundations, Holding Companies, and Intellectual Property Holding Companies. As of January 2025, the registry had processed 40,000+ company incorporations across 160+ nationalities, serving high-net-worth individuals and family offices seeking asset protection and succession planning, international businesses requiring flexible cross-border structures, and corporate service providers who act as registered agents.

The underlying technology is a web-based portal that handles registration workflows, document verification, and agent management; the core competitive differentiators are regulatory rather than technical — common law framework with access to DIFC and ADGM courts, 100% foreign ownership, one-day incorporation, USD functional currency, and access to the UAE's network of 100+ double taxation treaties. Revenue is generated through one-time incorporation fees, recurring annual renewal fees, registered agent accreditation fees (AED 12,500 annually), and value-added services such as compliance training (AED 250–3,000 per course) and document verification. Distribution is structurally captive: companies can only be incorporated through a network of accredited registered agents, creating a channel moat that is reinforced by partnerships with RAKEZ (joint Premium and Global Products), RAK DED, RAK Municipality, ADGM, and Dubai Land Department. RAK ICC operates from its Ras Al Khaimah headquarters in the RAKBANK Headquarters building with an additional Dubai office in Business Bay, and is governed under RAK and UAE federal law.

Name

RAK ICC

Legal name

Ras Al Khaimah International Corporate Centre

Website

https://rakicc.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Ras Al Khaimah International Corporate Centre (RAK ICC) is a government-affiliated corporate registry in the UAE offering IBC incorporation, foundations, and wealth structuring solutions to high-net-worth individuals, international businesses, and corporate service providers through an accredited registered agent network.

Ownership category

akta.pro rank

Product category

Corporate Registry and International Business Structuring

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615), Management of Companies and Enterprises (551)

akta.pro primary industry

Business Registration & Corporate Affairs (Registries) (BPAIAOAA)

akta.pro secondary industries

Corporate Governance, Entity Management & Board Management (BPAEAPAL), Records Management, Information Governance & Retention (BPAEAPAO)

Keywords

• Corporate registry services
• International business company
• Company formation
• Foundation structuring
• Wealth structuring jurisdiction

Headquarters

HQ city

Khaimah

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Company Registration Fees: One-time fees for company incorporation including registration and initial setup charges
2. Annual Renewal Fees: Recurring annual fees for maintaining company registration and good standing status
3. Registered Agent Services: Fees from registered agent accreditation and renewal; AED 12,500 annual renewal fee
4. Compliance Training: Professional training courses on AML, sanctions compliance, and regulatory topics offered to registered agents and corporate service providers

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

RAK ICC is a government corporate registry that incorporates and administers International Business Companies (IBCs), Foundations, and related corporate structures (including holding companies, IP holding companies, segregated portfolio companies, and premium/global joint structures with RAKEZ) for international businesses and private clients. All incorporations are processed exclusively through an accredited network of registered agents, with revenue generated from initial registration fees, annual renewal fees, registered-agent accreditation/renewal fees, and ancillary compliance training services.

Product overview

RAK ICC offers a comprehensive portfolio of corporate structuring products and services. The core offering centers on International Business Companies (IBCs) including Company Limited by Shares, Restricted Purposes Company, and Segregated Portfolio Company structures. The product suite extends to RAK ICC Foundations for wealth management and succession planning. Strategic joint products with RAKEZ include the Premium Product (combining offshore holding with onshore operations) and Global Product (enabling Free Zone LLC and branch registrations). Additional structuring solutions cover Intellectual Property Holding Companies and Holding Companies. Supporting services include Transfer of Domicile, Compliance Training Courses, and Document Verification. The registry serves as a channel partner retaining entity control post-registration through its proprietary portal.

Differentiator

Problem solved

Functional benefit

Products and services

• Company Limited by Shares (CLS) Primary International Business Company structure where shareholder liability is limited to share capital, offering 100% foreign ownership and a one-day incorporation process for international corporate clients.
• Restricted Purposes Company (RPC) Special purpose vehicle corporate entity designed for focused operations with a maximum of two specific activities, serving clients with limited scope international structures.
• Segregated Portfolio Company (SPC) Protected cell company structure that segregates assets and liabilities of each portfolio, protecting them from creditors of other portfolios, for clients requiring ring-fenced corporate compartments.
• RAK ICC Foundation Corporate body with legal personality separate from its Founder(s), used for succession planning, asset protection, and wealth management with perpetual existence, serving private clients and family offices.
• Premium Product Joint offering between RAK ICC and RAKEZ combining an offshore holding company with an onshore operating subsidiary, enabling UAE residence visa eligibility and Double Taxation Treaty benefits for international investors.
• Global Product Joint offering with RAKEZ enabling Free Zone Limited Liability Company (FZ LLC) and branch office registrations with UAE operational capabilities for international businesses.
• Intellectual Property Holding Company Structure designed to hold and manage intellectual property assets such as business names, patents, trademarks, and copyrights for companies seeking centralised IP ownership.
• Holding Company Entity established to own controlling interests in subsidiary companies without manufacturing or selling products directly, used by clients for parent-level group structuring.
• Transfer of Domicile Service enabling companies to relocate or continue their domicile from one jurisdiction to RAK ICC while maintaining business continuity, serving clients seeking to migrate existing corporate entities.
• Compliance Training Courses Multi-course packages and individual training sessions covering AML/CTF compliance, sanctions screening, fraud prevention, and regulatory reporting topics, offered to registered agents and corporate service providers (AED 250 single course; AED 1,700 multi-course package; AED 3,000 8-hour AML session).
• Document Verification Online service for authenticating RAK ICC electronic documents through the verification portal, used by clients, agents, banks, and counterparties to confirm the legitimacy of registry documents.

Quantifiable outcome

• 40,000+ company incorporations achieved
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Dubai Land Department (DLD)coreStrategic or Co-development Partner · 16 September 2025Strategic partnership allowing Dubai real estate to be registered with RAK ICC through International Business Companies (IBCs) or RAK ICC Foundations. This enables international investors to own property in Dubai through RAK ICC structures, combining DLD's property registration authority with RAK ICC's corporate structuring capabilities.
• RAK Department of Economic Development (RAK DED)coreStrategic or Co-development Partner · 29 August 2021MoU introducing opportunities for offshore companies to expand into Ras Al Khaimah mainland by establishing subsidiaries with RAK DED licensing authority. Enables offshore companies to carry out commercial activities in Ras Al Khaimah through properly licensed subsidiaries.
• RAK SME (Saud bin Saqr Establishment for Small and Medium Enterprises)minorGTM or Marketing Partner · 13 April 2021MoU to provide opportunities for entrepreneurs and SMEs to create solid and viable corporate structures for their businesses in Ras Al Khaimah.
• Ras Al Khaimah Municipality DepartmentcoreStrategic or Co-development Partner · 6 April 2021MoU allowing international investors to purchase and register properties in Ras Al Khaimah Emirate through RAK ICC entity structures, enabling property ownership under corporate structures for asset protection benefits.
• Abu Dhabi Global Market (ADGM) Registration AuthoritycoreStrategic or Co-development Partner · 19 November 2019Agreement to advance business operations between Abu Dhabi and Ras Al Khaimah by exchanging insights on matters of common interest and enhancing secondment opportunities in both jurisdictions. Also includes cooperation with ADGM Courts for dispute resolution services.
• Ras Al Khaimah Economic Zone (RAKEZ)coreStrategic or Co-development PartnerCollaboration on Premium Product allowing offshore structures with RAKEZ subsidiary for UAE residence visas, physical presence, and substance requirements. Also joint Global Product offering Free Zone LLC and Branch Office registrations.

Scale indicators4 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Delaware Division of Corporations: Delaware is a leading US state corporate registry widely used for holding companies and corporate structures; as a broad incumbent, it competes indirectly with RAK ICC for international holding formations.
• Companies House (UK): Companies House is the UK's established corporate registry offering company formation and public records; it is a broader incumbent in the corporate registry space and competes indirectly with RAK ICC for English-language jurisdiction incorporations.

Direct peers

• Cayman Islands Monetary Authority (CIMA): CIMA is the registry and regulator for Cayman Islands exempted companies, foundations, and LLCs, directly competing with RAK ICC for international wealth, holding, and SPV formations.
• JAFZA (Jebel Ali Free Zone Authority): JAFZA is one of the largest UAE free zones issuing company formations for trading, holding, and logistics; it competes with RAK ICC for international holding and operational structures targeting the UAE.
• Jersey Financial Services Commission: JFSC regulates Jersey companies, foundations, and trusts, offering a well-established common-law regime that competes with RAK ICC for private wealth and family-office structuring mandates.
• DIFC (Dubai International Financial Centre): DIFC is a Dubai-based financial centre with its own company registry, foundations regime, and common-law courts, competing head-on with RAK ICC for high-end wealth structuring, holding, and family-office formations.
• RAKEZ (Ras Al Khaimah Economic Zone): RAKEZ is a free zone authority in the same emirate as RAK ICC offering company formation, licensing, and onshore/free zone structures; while also a strategic partner, it directly competes in the same local jurisdiction for IBC-adjacent formations.
• DMCC (Dubai Multi Commodities Centre): DMCC is a UAE free zone and corporate registry in Dubai that issues operating company licenses and structures for trading, holding, and wealth purposes, directly competing with RAK ICC for international company formations targeting the UAE.
• ADGM (Abu Dhabi Global Market) Registration Authority: ADGM is a UAE financial free zone and corporate registry offering common-law structures, foundations, and SPVs; it is both a strategic partner of RAK ICC and a direct competitor for HNW and institutional structuring clients.
• BVI Financial Services Commission: BVI FSC oversees a leading global IBC registry that historically dominates offshore company incorporation; it is a direct competitor to RAK ICC for international holding and wealth structuring clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/rak_icc
• YouTubeyoutube.com/@rakicc2774
• Facebookfacebook.com/RAKICC.International.Corprate.Centre
• LinkedInlinkedin.com/company/10290253/admin/feed/posts
• Instagraminstagram.com/rak_icc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about RAK ICC