Ras Al Khaimah International Corporate Centre (RAK ICC) was highlighted as ideal investment hub offering various structures, products and service offerings to investors at the recently concluded STEP Mauritius Conference 2019.

RAK ICC was the Platinum Sponsor at the conference, an event dedicated to highlighting the trends in the global trust and estate planning landscape, which was held on April 4 and 5, at Hilton Mauritius Resort & Spa.

Led by chief executive officer 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.

Dr Al Ansari said: “We are proud to have partnered with STEP Mauritius in bringing the 9th edition of its annual conference, which focused on investment and asset protection.”

“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,” he added.

“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,” he added.

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.

Dr Al Ansari continued: “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,” he concluded. – TradeArabia News Service