RAK Special Purpose Vehicle

RAK Special Purpose Vehicle (SPV) is a legal entity established in the Ras Al Khaimah Free Trade Zone in the United Arab Emirates. SPVs are designed to isolate financial risk, allowing businesses to undertake specific projects or investments without exposing the parent company's assets to liabilities.

They are commonly used for holding assets, managing investments, and facilitating joint ventures. RAK SPVs benefit from the UAE's favorable tax regime, offering advantages like no corporate taxes, full foreign ownership, and minimal reporting requirements, making them an attractive option for international business activities and asset protection.