1. These Regulations may be cited as the Ras Al Khaimah International Corporate Centre Business Companies Regulations 2018. These Regulations came into force on the Commencement Date and were amended with effect from 24 April 2018, which amendments shall take effect on such date.
2. These Regulations are made by the board of directors of the International Corporate Centre of Ras Al Khaimah pursuant to Ras Al Khaimah Decree No. 4 of 2016 concerning the Establishment of the International Corporate Centre.
3. The provisions of Federal Law No. 2 of 2015 concerning Commercial Companies shall not apply to companies incorporated, re-registered or continued pursuant to these Regulations.
In these Regulations, unless the context otherwise requires
“AED” means UAE Dirhams, the lawful currency for the time being of the UAE;
“affiliate”, in relation to a company (the “first company”), means any other company that is
(a) a parent of the first company;
(b) a subsidiary of the first company;
(c) a subsidiary of a parent ...