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RAK ICC vs Ireland: which jurisdiction wins?
RAK ICC vs Ireland — both credible, very different trade-offs. Below: side-by-side on the variables that actually move the decision.
| RAK ICC | Ireland | |
|---|---|---|
| Tax headline | 0% on qualifying income | 12.5% trading, 15% Pillar 2 for large groups |
| Formation days | 5 | 5 |
| First-year cost | $3,800 | $5,500 |
| Treaties | 140+ | 75+ |
| Substance | Lighter than DIFC/ADGM; substance for tax claims | Substance critical (CFC, BEPS) |
| Banking | Onshore UAE bank intros possible with proper file | BOI, AIB, plus US bank branches |
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