RAK ICC Segregated Portfolio Company
A Segregated Portfolio Company (SPC) within RAK ICC operates as a company limited by shares, empowered to establish up to ten segregated portfolios for the explicit purpose of isolating the assets and liabilities held within or on behalf of each segregated portfolio from the broader assets and liabilities of the company. The creation of segregated portfolios is contingent upon the Registrar’s satisfaction with the directors’ knowledge and expertise, ensuring adept management.
SPC
An SPC, also known as a protected cell company, distinguishes assets within its segregated portfolios, encompassing share capital, retained earnings, capital reserves, share premiums, and all other assets specifically associated with or held within each segregated portfolio.
