The essential feature of a CLS is that the liability of shareholders is limited to the amount of capital that they have committed or have agreed to commit.
 
A CLS must at all times have at least one shareholder and one director. A CLS may issue bonus shares, partly paid shares or nil paid shares. For succession purposes, shares may be held by more than one person as joint owners.
 
Possible uses of a CLS
 
RAK CLS companies limited by shares are flexible and administratively have simple corporate vehicles that can be used for a number of purposes such as:
 
International Business Companies ( IBC )
Holding Company
Special Purposes Vehicle ( SPV )
Joint Venture Company
Project Company
Family Office
Segregated Portfolio Company
 
Included on the package:
 
Initial consultancy
Company registration
Registered Agent/Office for one year
Government Fees
Set of certified corporate documents
International shipping
Business Coaching for one yer 
 
Extra : bank account introduction 
 
What we need from you:
 
3 names for your new company
Your full name and address
An email
A mobile phone number
Clear scan copy of your passport 
Clear scan copy of utiltiy bill