Family Offices

RAK ICC opens dedicated Business Centre for private wealth and family offices

RAK ICC has opened a dedicated Business Centre built specifically for private wealth advisors, family offices and international families, giving the emirate's offshore corporate registry a physical, relationship-driven hub to sit alongside its incorporation business. The centre bundles flexible workspace with direct integration into RAK ICC's wider network of registered agents, corporate service providers and wealth-structuring professionals.

The move reinforces RAK ICC's positioning as the UAE's only non-financial-centre jurisdiction focused specifically on private wealth structuring — distinct from RAKEZ's onshore operating licences, and pitched squarely at the succession-planning and asset-protection mandates that bring families to IBCs and Foundations rather than trading entities. For principals already comparing RAK against DIFC and ADGM on cost, a standing physical base for advisors narrows one of the remaining gaps with those larger hubs. Our Family Offices sector guide covers how RAK ICC structures compare to RAKEZ in practice.

Source & Category

CategoryFamily Offices
PublishedThis week
SourceNewswire
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