RAK ICC allows for the formation and registration of Special Purpose Vehicles as one of the corporate structures available to businesses within its jurisdiction.
A Special Purpose Vehicle (SPV) is a legal entity that is created for a specific purpose or project. It is often used to isolate and protect assets or liabilities associated with a particular venture or investment. SPVs are commonly utilised for various purposes such as securitisation transactions, joint ventures, holding assets, raising funds, or facilitating complex financial arrangements.
Setting up an SPV in RAK ICC offers a relatively straightforward incorporation process. With PRO Partner Groups assistance, we can streamline the set-up process for our clients. RAK ICC allows for a simple migration process from many global jurisdictions.
Step 1 – Contact a registered agent such as PRO Partner Group to assist with providing an office address. PRO Partner Group is registered on the RAK ICC website portal under name PPG Corporate Services.
Step 2 – Prepare the required documentation as per the RAK ICC checklist which PRO Partner Group will provide
Step 3 – Submit the application
Step 4 – Assuming all documentation is approved, you will receive your certificate of incorporation
Book a call with one of our company formation specialists.
Regional Business Development Manager
Head of Corporate Structuring
Head of Operations
Senior Business Consultant
Business Consultant - Qatar