Spindipper Opinion
What is the RAK ICC Freezone In the UAE?
Zero Tax, Fully Private & 100% Foreign-Owned Offshore LLCs
Every founder asks the same question when thinking about forming a company in the UAE, where is the best UAE freezone to set up your business, protect your assets, and minimize your ongoing overhead?
There are plenty of classic offshore jurisdictions, most built for a different era and a different class of entrepreneur. That’s why the RAK International Corporate Centre (RAK ICC) in Ras Al Khaimah is such a game-changer for founders today.
Official RAK Partner
Spindipper is an official partner of RAK DAO Free Zone in the United Arab Emirates (UAE). Based in Ras Al Khaimah, the Digital Assets Oasis is the world’s first crypto-native free zone, purpose-built to accommodate Web3, blockchain, and crypto businesses. RAK DAO is an official part of the UAE’s free zone ecosystem, it operates under UAE federal laws, but is financially backed and regulated by the Government of Ras Al Khaimah.
RAK ICC is reinventing offshore company formation. It’s not just another free zone or a retrofitted legacy jurisdiction, it’s a purpose-built, modern international business ecosystem, designed from scratch for global entrepreneurs, investors, and family offices. Unlike Dubai or Abu Dhabi free zones, which are set up for local trading and operations, RAK ICC is 100% focused on purely offshore activity. Meaning, if you want to hold assets, manage investments, own intellectual property, or run an international consultancy, without needing a physical office, local employees, or direct trade in the UAE, then RAK ICC is the perfect freezone.
RAK ICC is a fully government-backed offshore free zone, operating under both UAE federal law and Common Law. Here, you get the legitimacy of a real government jurisdiction, not a gray-area offshore setup. For founders, that means internationally recognized company documents, a transparent legal structure, and access to the UAE’s world-leading financial infrastructure, without ever needing to set foot in the country. The whole setup process is digital, handled by registered agents, and typically takes less than a week from start to finish.
RAK ICC companies pay 0% tax on income, 0% tax on capital gains, and 0% tax on dividends. There is no corporate tax, no personal tax, and no VAT for offshore activities. All profits can be sent freely outside the country. You get full foreign ownership, no local sponsor or hidden partner required. There are no social security contributions, no mandatory audits, no annual meetings, and no annual filings. This is the essence of the modern offshore company, a lightweight, highly competitive structure that minimizes compliance headaches.
RAK ICC company records are fully private, director and shareholder details are not made public. This is a big deal for founders who value confidentiality for asset protection, succession planning, or simply to avoid unnecessary attention. Everything is processed in English by registered agents, with a discreet process designed for busy, international entrepreneurs.
RAK ICC is not for local trading, it’s for international holding, intellectual property, investment, and asset protection. RAK ICC companies can own property in designated UAE areas, but they cannot trade directly onshore or hire locally. If you want a UAE company for local operations, look elsewhere. If you want a zero-tax, fully private, 100% foreign-owned international company, then RAK ICC is the best, most founder-friendly choice in the region.
Setting up a traditional company in the UAE can be expensive, slow, and crowded with paperwork. RAK ICC changes that. Legal documents are issued in days, not weeks. The process is 100% digital. No auditors, no residency requirements for shareholders or directors, no office leases, just a lean, digital-first workflow for founders who want to move fast.
You don’t need to be wealthy to use RAK ICC. Formation costs and annual fees are extremely competitive, far below the cost of similar structures in Dubai, Abu Dhabi, or classic offshore hubs like the Cayman Islands. For founders, solo operators, and lean startups, RAK ICC is the most accessible and affordable way to get a internationally recognized company.
You would choose RAK ICC over RAK DAO if your goal is global business structuring rather than operating in the digital assets space. RAK ICC is an offshore jurisdiction ideal for holding companies, SPVs, asset protection, and international investments, giving founders a flexible, cost-efficient, and confidential platform to manage cross-border and global business.
Click here to see our UAE Crypto LLC formation plan, and feel free to get in touch with us if you have any questions, or want to talk through the various RAK ICC options and nuances.
RAK ICC is a fully government-backed offshore free zone, operating under both UAE federal law and Common Law. Here, you get the legitimacy of a real government jurisdiction, not a gray-area offshore setup. For founders, that means internationally recognized company documents, a transparent legal structure, and access to the UAE’s world-leading financial infrastructure, without ever needing to set foot in the country. The whole setup process is digital, handled by registered agents, and typically takes less than a week from start to finish.
RAK ICC companies pay 0% tax on income, 0% tax on capital gains, and 0% tax on dividends. There is no corporate tax, no personal tax, and no VAT for offshore activities. All profits can be sent freely outside the country. You get full foreign ownership, no local sponsor or hidden partner required. There are no social security contributions, no mandatory audits, no annual meetings, and no annual filings. This is the essence of the modern offshore company, a lightweight, highly competitive structure that minimizes compliance headaches.
RAK ICC company records are fully private, director and shareholder details are not made public. This is a big deal for founders who value confidentiality for asset protection, succession planning, or simply to avoid unnecessary attention. Everything is processed in English by registered agents, with a discreet process designed for busy, international entrepreneurs.
RAK ICC is not for local trading, it’s for international holding, intellectual property, investment, and asset protection. RAK ICC companies can own property in designated UAE areas, but they cannot trade directly onshore or hire locally. If you want a UAE company for local operations, look elsewhere. If you want a zero-tax, fully private, 100% foreign-owned international company, then RAK ICC is the best, most founder-friendly choice in the region.
Setting up a traditional company in the UAE can be expensive, slow, and crowded with paperwork. RAK ICC changes that. Legal documents are issued in days, not weeks. The process is 100% digital. No auditors, no residency requirements for shareholders or directors, no office leases, just a lean, digital-first workflow for founders who want to move fast.
You don’t need to be wealthy to use RAK ICC. Formation costs and annual fees are extremely competitive, far below the cost of similar structures in Dubai, Abu Dhabi, or classic offshore hubs like the Cayman Islands. For founders, solo operators, and lean startups, RAK ICC is the most accessible and affordable way to get a internationally recognized company.
You would choose RAK ICC over RAK DAO if your goal is global business structuring rather than operating in the digital assets space. RAK ICC is an offshore jurisdiction ideal for holding companies, SPVs, asset protection, and international investments, giving founders a flexible, cost-efficient, and confidential platform to manage cross-border and global business.
Click here to see our UAE Crypto LLC formation plan, and feel free to get in touch with us if you have any questions, or want to talk through the various RAK ICC options and nuances.
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