Closing RAKICC offshore company

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Fred

Dubai Expat
Mentor Group Gold
Elite Member
Commercial Service
Entrepreneur
Okay thanks for the information, what will happen if I don't pay?
Never tested as we can't recommend something to our clients.

If you really don't pay the 1000,- EUR you should avoid the UAE as we know from clients that went bankruptcy and disappeared over night that the UAE doesn't enforce outside the UAE.

Once you fly to Dubai again - of course they will force you to pay the fee and much likely a penalty.
 
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elaine053099

New member
Hi! When do I notify the Agent that I want to close my RAK company? How long is the process and fee is still about 1,000 Euro? Thanks.
 

bastard

Mentor Group Gold
If you know you don't ever come back to Dubai or you don't care to pay should you come back, well, just leave it. But it's a small amount which you should pay to avoid trouble.
 

vkuliev

New member
Never tested as we can't recommend something to our clients.

If you really don't pay the 1000,- EUR you should avoid the UAE as we know from clients that went bankruptcy and disappeared over night that the UAE doesn't enforce outside the UAE.

Once you fly to Dubai again - of course they will force you to pay the fee and much likely a penalty.
Hi Fred. I have the same case with 2 companies in RAC. I don't frequently visit UAE but right now I'm in Dubai for 4 days. If the service is 1000 Euro I'd like to proceed with winding up. Please contact me via wp (+994502104498) if you are willing to provide such service for me. Thanks.
 

boomy

Mentor Group Gold
Good luck to BVI enforcing that one if true rof/%. Only heard about substance test in BVI below.

questions would be how much it costs to setup the BVI with substance there and can it be done remote... but that's a different thread.
 

Martin Everson

Offshore Retiree
Staff member
Mentor Group Gold
Elite Member
questions would be how much it costs to setup the BVI with substance there and can it be done remote... but that's a different thread.

Yes start another thread for that. Don't know if BVI is best choice right now however.

 
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