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Company liquidation and deregistration services
RAKICC Offshore Company Liquidation
Company liquidation and deregistration services

Liquidation › RAK ICC Offshore

RAKICC Offshore Company Liquidation — Process & Cost

Expert dissolution of your RAK ICC offshore company. Fully remote process, fixed fees quoted upfront, registered agent coordination.

Closing a company also closes its tax accounts: we handle VAT deregistration, the final corporate tax return and any backlog accounting needed to produce the final accounts.

✓ RAK ICC-Experienced Liquidators✓ 15+ Years Experience✓ 1,500+ Clients Served✓ Remote Process
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Why Companies Liquidate Their RAK ICC Offshore Entity

RAK ICC (RAK International Corporate Centre), formerly RAKIA, is one of the UAE's most popular and cost-competitive offshore jurisdictions. Common reasons for RAKICC offshore company dissolution include: completion of the company's purpose, business restructuring, change in shareholders' tax residency, cost-cutting decisions, or tidying up dormant corporate structures. Because RAK ICC offshore companies have no UAE employees, no local premises, and no UAE trade licence, the dissolution process is relatively straightforward and cost-effective.

RAK ICC Offshore Liquidation Process — Step by Step

  1. Shareholder Resolution to Dissolve
    All shareholders pass a resolution to voluntarily wind up the RAK ICC company. The resolution must be signed by all shareholders.
  2. Settlement of Outstanding RAK ICC Annual Fees
    Any outstanding annual licence fees and accumulated penalties must be settled with RAK ICC before dissolution can proceed. Aabi calculates the total owed.
  3. Application Submission via Registered Agent
    The dissolution application is submitted to RAK ICC through Aabi (acting as your registered agent or coordinating with your existing agent).
  4. Preparation of Liquidation Report
    Aabi prepares the liquidation report confirming the company's final financial position.
  5. Return of Original Company Documents
    Original Certificate of Incorporation, MOA, and share certificates are returned to RAK ICC.
  6. Certificate of Dissolution
    RAK ICC issues the Certificate of Dissolution confirming the company is legally terminated and struck from the register.
Typical Timeline: 5–8 weeks from initiation, assuming all documentation is in order and no outstanding fees or disputes. Actual timing depends on several factors: whether the liquidation is voluntary or insolvency-led, how quickly records and documents are available, resolution of outstanding matters, shareholder availability for signatures, any undisclosed issues that come to light, customs clearances, and FTA and bank deregistration.

Documents Required for RAK ICC Offshore Dissolution

  • Shareholder resolution to dissolve (signed by all shareholders)
  • Original Certificate of Incorporation
  • Original Memorandum and Articles of Association
  • Share certificates (all issued)
  • Liquidation report (prepared by Aabi)
  • Copies of all shareholders' passports
  • Proof of settlement of outstanding RAK ICC fees

RAK ICC Offshore Liquidation Cost — Government Fees & Our Fixed Fee

ComponentIndicative Cost (AED)
Aabi professional fees (dissolution + liquidation report)Fixed fee — quoted after a short review of your company
RAK ICC government dissolution feesAED 500 – 1,200
Outstanding RAK ICC annual fees (if any arrears)Variable

Our professional fee is a fixed fee, quoted after a short review. Send us your trade licence and a few company details and we'll come back with a fixed-fee estimate within 24 hours — ask about our current special discounts. Request your estimate →

Frequently Asked Questions — RAKICC Offshore Liquidation

How does RAK ICC liquidation compare to JAFZA offshore liquidation?

Both are offshore entity closures. RAK ICC is generally considered the simpler and lower-cost offshore dissolution in the UAE, partly due to lower government fees and a more streamlined registered agent process. Overall costs are typically lower than for JAFZA offshore.

Can I dissolve my RAK ICC company without visiting the UAE?

Yes. RAK ICC offshore dissolution is entirely manageable remotely. Shareholders sign the resolution, and Aabi handles all submissions and coordination with RAK ICC on your behalf.

What if my RAK ICC company has missed annual renewal fees for several years?

Outstanding annual fees and penalties must be settled with RAK ICC before dissolution can proceed. Aabi will calculate the total amount, advise whether any penalty waivers are available, and include fee settlement in the dissolution process.

Ready to Dissolve Your RAK ICC Company?

Aabi's team will review your RAK ICC company's situation, calculate any outstanding fees, and provide a fixed-fee proposal for the full dissolution — free of charge.

Call: +971 56 633 0093

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