RAK ICC Foundation Made easy

Register your RAK ICC Foundation today to effectively:

Protect your assets
Carry out succession planning
Separate the legal personality

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Starting from:AED 6,499 for first yearAED 12,499AED 6,000 Off

AED 4,999 yearly renewal fee.

How it works?Why choose us?Bank Accounts Process

Trusted by over 5,000 Clients

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RAK ICC Foundation can be registered in 3 simple steps

Register RAK ICC Foundation Easily

1. Place your Order Online

Select the desired package, fill in our online form and place the order

2. We will Incorporate your Company

We will prepare all the required documents for your RAK ICC Foundation

3. Carry out your Planning

Your Foundation will be registered and you can start managing assets

Why are We Trusted by Over 5,000 Clients?

We offer 3 unmatched advantages over a business set-up service provider

Free Legal Advice

We provide free legal advice for company set-up to ensure that you get the right head start.

On-going legal support

We remain available for day-to-day legal support for the companies established by us.

Legal contract reviews

We remain available to protect your interests by having your legal documents reviewed.

Our Most Competitive Packages

Here are our most competitive pricing packages which are valid for a limited time only.

Basic

AED 14,999 *

AED 20,999

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Incorporation of Foundation
Government fee covered
Certificate of registration
Foundation Charter and By-laws
Dedicated agent for 1 year

*Yearly Fee from second year: AED 4,999 (govt. fee included)

Regular

AED 19,999 AED 25,999

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Regular includes everything in Basic, plus:

RAK Offshore Company Formation
Government fee covered
Certificate of incorporation for RAK Offshore
MOA and AOA for RAK Offshore

*Yearly Fee from second year: AED 10,999 (govt. fee included)

VIP

AED 24,999 AED 30,999

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VIP includes everything in Regular, plus:

Assistance with bank account opening for RAK Offshore
Share certificate(s) for RAK Offshore
Assigned premier service agent throughout the year

*Yearly Fee from second year: AED 13,999 (govt. fee included)

About RAK ICC Foundations

RAK ICC Foundations are corporate legal entities incorporated with RAK ICC. These Foundations have separate legal personality from its founders and are managed by the council to administer assets and carry out the objects.

RAK ICC Foundations are used for:

succession planning and asset protection
robust governance structures
Distinct legal personality that separates liability of the founder and maintains control of assets during after the lifetime of the founder.

My experience with Legal Inz was brilliant; i received first class assistance with the incorporation of my business and the opening of the bank account.Why Legal Inz: I received a recommendation from a close friend who had used Legal Inz before.

Severino A.

4.8

Out of 5.0

Bank Accounts

We work closely with the following banks for opening bank accounts for our clients.

Our Simple Company Formation Process

The process for setting up a RAK ICC Foundation is provided below.

Step 1 – Apply Online

Select your desired package and place your order for setting up your RAK ICC Foundation.

Step 2 – Preparation of documents

All your incorporation documents shall be prepared by us. Once the incorporation documents are signed by you, we will submit the application and the documents to RAK ICC.

Step 3 – Registration

Your Foundation will be established in three (3) working days after the submission of your documents to the RAK ICC.

Frequently Asked Questions

What is a Foundation?

A Foundation is a legal entity incorporated by the founder for asset protection. The Foundation has separate legal personality from its founder.

What is a founder?

A founder is an individual who incorporates the Foundation.

What is council of members?

A council of members in a Foundation is responsible for the management of the Foundation.

What is a guardian?

A guardian is an individual who acts on behalf of the founder.

Can the founder act as the council of members?

Yes.

Can the founder act as the guardian?

Yes.

Who is a qualified beneficiary?

A qualified beneficiary is an individual for whose benefit the Foundation is incorporated by the founder.

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