OCRA Arabia FZC provide a complete range of professional corporate services for the incorporation and management of offshore and international companies.
We have particular expertise with regard to the establishment, management and application of Ras Al Khaimah International Company. Our client base is diverse and includes professional firms, expatriates, businesses, entrepreneurs and high net-worth families and individuals.
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Located along the south eastern tip of the Arabian Peninsula, the current population is approximately 250,000 but this is expected to raise to 400,000 by 2017.
The UAE is one of the wealthiest countries in the world with a GDP of US $103 billion (2004).
The UAE has the third largest proven oil reserves, however RAK has broadened its economic activity to include an industrial platform, real estate, trade and manufacturing.
Type of Law: Federal, except for Dubai and Ras Al Khaimah who maintain their own judicial systems.
The emirate of Ras Al Khaimah is strategically located between Africa and the Middle East and between the Far East and Europe, making it a gateway to over 1.5 billion consumers located in countries surrounding the Red Sea and the Gulf.
Its infrastructure is of the highest standards with access to more than 170 shipping lines and approximately 86 airlines connecting to over 100 cities worldwide.
English is the official language of business but Arabic, Persian, Hindi, and Urdu are widely spoken.
Ras Al Khaimah International Company (RAK IC)
The International Company (IC) is the most popular option for foreign companies seeking to establish a presence in the UAE: