Ras Al Khaimah: Ras Al Khaimah International Corporate Centre (RAK ICC) was the Platinum Sponsor at the STEP Mauritius Conference 2019, an event dedicated to highlighting the trends in the global trust and estate planning landscape, in an aim to promote the United Arab Emirates (UAE) as an ideal jurisdiction for investments. The conference was held last 4–5 April 2019 at Hilton Mauritius Resort & Spa.
Led by CEO Dr Sameer Al Ansari, RAK ICC has met with several corporate service providers, law firms, asset managers and wealth planners during the event. The team presented the wide-ranging benefits offered by RAK ICC to international businesses.
“We’re proud to have partnered with STEP Mauritius in bringing the 9th edition of its annual conference, which focused on investment and asset protection,” Dr Al Ansari said. “It was a great learning experience that connected us to many potential partners, and most importantly, helped us introduce our various structures, products and service offerings to international investors.”
“The future is unpredictable, regulations are changing fast, it is important for businesses to think ahead to secure their investments by operating through world-class jurisdictions,” said Dr Al Ansari. “RAK ICC offers incorporation of international business companies with various corporate and legal structures. In addition to that, with RAK ICC being in the UAE, investors get access to a deep pool of talent, modern infrastructure world class banking and legal system. We also have more double tax agreements (DTAA) and bilateral investment treaties with over 100 countries. These are just among the many benefits an investor can get from registering with RAK ICC.”
With over 30,000 international business companies registered, RAK ICC is receiving high demand from Mauritian investors, especially after the introduction of its Premium Product earlier this year. This allows offshore companies to have a physical subsidiary in the UAE.
“The UAE and Mauritius share a strong relationship especially after the two countries signed a DTAA and Investment Promotion and Protection Agreement (IPPA), which resulted in over USD 10 billion bilateral investment flows. Our aim at RAK ICC is to strengthen this relationship further by serving as a gateway to Mauritian investors wishing to venture into the Middle East and Africa regions, where there are immense growth opportunities,” Dr Al Ansari said.
-Ends-
FOR MORE INFORMATION, PLEASE CONTACT:
Cleo Eleazar, Senior Manager –
Public Relations & Events, RAKEZ
Phone: +971 7 2077173;
Email: c.eleazar@rakez.com
ABOUT RAK INTERNATIONAL CORPORATE CENTRE (RAK ICC):
RAK International Corporate Centre (RAKICC) is a Corporate Registry operating in Ras Al Khaimah, United Arab Emirates. It is the consolidation of two company registries in Ras Al Khaimah; namely RAK International Companies (formerly a part of RAK Free Trade Zone) and RAK Offshore (formerly a part of RAK Investment Authority). RAK International Corporate Centre (RAKICC) was formed as per the Decree No.12 of 2015 and as amended by Decree No.4 of 2016.
RAK International Corporate Centre is responsible for the registration and incorporation of International Business Companies, as well as providing a full suite of Registry services related to International Business Company activity. RAK International Corporate Centre is a modern, world class Company Registry operating in full compliance with international standards and best practices in the International Business Company formation industry.
RAK International Corporate Centre will be at the forefront of International Business Company formation services and continually develop our suite of products to meet the needs of our customers.
© Press Release 2019Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
