Offshore Company Formation in the UAE
A RAK ICC offshore company is the UAE's most cost-effective vehicle for international business, asset holding and investment. 0% tax, 100% foreign ownership, full privacy and no office required. MSZ Consultancy registers your company and introduces your bank, end to end.
- 0% corporate, personal and withholding tax
- 100% foreign ownership, no local sponsor
- Full privacy, shareholders off the public register
- Incorporation in around 5 to 7 days, fully remote
Get your free offshore consultation
Tell us where you operate and what you want to hold. An MSZ specialist confirms the right structure and calls you back.
Built for international operators who do not trade inside the UAE
A RAK ICC offshore company fits these profiles best.
International traders and consultants
B2B · cross-border
Invoice clients outside the UAE, hold contracts and receive payments through a clean, tax-neutral UAE entity, without a physical office.
Tax-neutral invoicing
Asset holders and investors
B2C · private wealth
Hold shares, intellectual property, investment portfolios and overseas property in one private, protected structure with low running costs.
Private & protected
Founders structuring globally
B2B · group structures
Place a RAK ICC company at the top or middle of an international group for clean ownership, confidentiality and straightforward succession.
Clean ownershipThe Basics
What is a RAK ICC offshore company?
A RAK ICC offshore company is an International Business Company registered in the UAE but designed to operate outside it. It gives you a credible UAE entity for international trade, holding assets and investment, with strong privacy and very low cost, while keeping you out of UAE corporate tax because you do not trade locally.
What it can do
Invoice and contract clients outside the UAE, hold shares in UAE and international companies, hold investment portfolios and intellectual property, hold Dubai freehold property under the RAK ICC arrangement, and open international and UAE bank accounts.
What it cannot do
It cannot trade inside the UAE, rent office space under its own name, sponsor residence permits or invoice UAE-based clients. If you need any of those, MSZ will recommend a free zone or mainland licence instead.
2026 compliance
Offshore companies must register their Ultimate Beneficial Owners and complete UAE corporate tax registration. MSZ handles both for you.
Offshore or Free Zone
Offshore or free zone? A quick comparison
The right structure depends on where you actually operate. Here is the honest comparison.
| Question | RAK ICC Offshore | UAE Free Zone |
|---|---|---|
| Trade inside the UAE | No | Yes |
| Residence permits | No | Yes |
| Physical office | Not allowed | Required or optional |
| Invoice UAE clients | No | Yes |
| Best for | International trade, holding, privacy | Operating in or from the UAE |
Lowest cost
One of the cheapest credible offshore jurisdictions anywhere, with low setup and running costs.
Privacy
Shareholder, director and beneficial owner details are not on a publicly searchable register.
Asset protection
A RAK ICC company can own shares in UAE mainland, free zone and overseas companies, acting as a central holding vehicle.
Property holding
RAK ICC entities can hold Dubai freehold property under a Memorandum of Understanding with the Dubai Land Department.
Fast and remote
Incorporation in around 5 to 7 days, with no requirement to be physically present in the UAE.
How MSZ sets up your offshore company
One team for structure, incorporation, banking and compliance.
- 1
Consultation
We confirm an offshore company is right for you and agree the structure.
- 2
Documentation
We draft the incorporation documents and collect KYC, in around 24 hours.
- 3
Incorporation
We register the company with RAK ICC, typically within 5 to 7 days.
- 4
Banking and compliance
We introduce your bank and complete UBO and corporate tax registration.
Get your free offshore consultation
Tell us where you operate and what you want to hold. An MSZ specialist confirms the right structure and calls you back.
- Callback within 2 hours during business hours
- Registered RAK ICC agent
- Prefer to talk now? Call +971 58 982 7842
Why choose MSZ Consultancy
A registered RAK ICC agent that recommends offshore only when it fits.
Registered RAK ICC agent
Full document and compliance handling through an authorised agent.
Proven track record
3,200+ companies formed and a 4.9 Google rating across client reviews.
Honest advice
We recommend offshore only when it actually fits your plan, and tell you when a free zone suits you better.
Satisfaction guarantee
A 30-day money-back satisfaction guarantee on our service fee.
Trusted for offshore structures
Outcomes from international operators and investors.
“I invoice clients across Europe and Asia. MSZ set up a RAK ICC company and opened the bank, and my contracts and payments finally run through one clean entity.”
“We wanted privacy and low running costs to hold our investments. MSZ explained exactly what offshore can and cannot do, then handled the whole registration.”
“They told me an offshore company would not give me UAE residency and recommended a free zone instead. That honesty is exactly why we used them for the group structure later.”
Offshore companies, answered
The questions founders ask us most before going offshore.
Can a RAK ICC offshore company do business in the UAE?
No. An offshore company is for activity outside the UAE. It cannot trade locally, rent an office under its own name, sponsor residence permits or invoice UAE clients. For local activity you need a free zone or mainland licence.
Do offshore companies pay UAE corporate tax?
An offshore company that does not conduct business in the UAE is generally outside the 9% corporate tax. It must still register for corporate tax and disclose its beneficial owners. MSZ handles both.
Can an offshore company own property in Dubai?
Yes. RAK ICC entities can hold Dubai freehold property under an arrangement with the Dubai Land Department.
How long does setup take?
Usually 5 to 7 days once documents and KYC are confirmed. You do not need to be in the UAE.
Can I open a UAE bank account with an offshore company?
Yes, with the right structure and documentation. MSZ introduces you to suitable banks and supports the application.
Set up your UAE offshore company the right way
Tell us where your business operates. We will confirm the best structure and handle the setup.