Register Property as a Corporate Entity in Ras Al Khaimah: From this point forward, property investors in Ras Al Khaimah can buy and register their units under a RAK International Corporate Center substance. This follows an arrangement the corporate recorder hit with the emirate’s Municipality Department (Land and Properties Sector).

It will likewise permit financial backers to structure their property as a RAK ICC entity. “There is enormous premium from worldwide financial backers and expats in the emirate – our joint effort will make it workable for us to accomplice different designers in the emirate,” said Dr. Sameer Al Ansari, CEO of RAK ICC. “What’s more, set out open doors for worldwide financial backers to hold resources with a RAK ICC substance.

“Procuring a home under this kind of corporate design benefits worldwide financial backers from multiple points of view. It permits them to claim at least one properties or potentially different kinds of speculations without affecting one another, shields them from individual liabilities just as offers an improved and more smoothed out move of property possession regarding legacy and resource arranging.”

Financial backers likewise will get to

• The qualification to open a ledger for rental payments and installment purposes;
• A worked on accounting and assessments through the legitimate isolation of properties under the design; and
• Flexibility of moving offers after selling the property.

You will be interested in:

• Business Setup in RAK
• RAK Free Zone Company Formation
• RAK Mainland Company Formation
• RAK Offshore Company Formation

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