Continuation of a Belize company as Ras Al Khaimah offshore company: procedure of jurisdiction change. Service offer

For a company to continue as Ras Al Khaimah offshore company, the general rule is that such company must be in ‘good standing’. The company is also checked for any debts owed to Belize authorities.

1. Check the current company name with the Ras Al Khaimah Registrar of Companies for availability. The name cannot coincide with the name of any existing company. If there is a match, the current company name must be changed.

2. Prepare in Belize a set of company documents required for the change of jurisdiction:

• Shareholders Resolution to redomicile the company;
• Letter of instruction from the ultimate beneficial owner;
• Certificate of Incorporation issued in Belize (notarized duplicate);
• Memorandum and Articles of Association filed with the Belize Registrar (notarized duplicate);
• Certificate of Good Standing issued in Belize, not older than 3 months (original);
• Certificate of Incumbency issued in Belize, not older than 3 months (original).

3. Prepare a set of documents in the UAE:

• Solvency Statement by the company’s shareholders;
• Shareholders Resolution appointing the company’s secretary and director;
• Director’s Letter of Consent to his appointment;
• Notarized signature card[1];
• New Memorandum and Articles of Association drafted under the laws of the Ras Al Khaimah Emirate (three copies).

4. File the set of documents with the Ras Al Khaimah Registrar of Companies

5. Obtain a new registration number and a Certificate of Continuation that confirm the incorporation of the company in Ras Al Khaimah.

6. To complete the redomiciliation (“discontinuation”), submit to the Belize Registrar copies of documents certified by the UAE registered agent.

7. Obtain from the Belize Registrar a Certificate of Discontinuance that confirms the striking off of the company from the Belize Register.

[1] NOT included in the cost of company redomiciliation.

[2] The fees are valid as at the date of sending of this offer.

[3] The fees are indicative. The final fees for company redomiciliation to Ras Al Khaimah, UAE, and preparation of the necessary set of documents depend on the policies and requirements of the registered agent that administers the company in the country of incorporation.