RAK OFFSHORE is the result of the extraordinary vision of H.H. Sheikh Saud Bin Saqr Al Qasimi, the Crown Prince and Deputy Ruler of Ras Al Khaimah. And that vision has been turned into reality by Dr. Khater Massaad, the CEO of RAK Investment Authority (RAKIA). As successful entrepreneurs themselves, they have an intimate understanding of the needs and requirements of the business world. RAK OFFSHORE offers everything business enterprises need to excel in today’s highly competitive environment.
Peter-Michael Schuster set up RAK OFFSHORE from ground-up in 2006. Nowadays the team consists of 25 staff members, lawyers, paralegals, customer support and sales/marketing executives from different countries.
Based on the successful efforts of the team, more than 4,000 Offshore IBC’s are registered within RAK OFFSHORE through 150 Registered Agents, mainly Law firms, Business and Tax Consultants and Chartered Accountants and Audit Firms.
Peter-Michael Schuster earned a MBA from the University of Hamburg with majors in Banking, Auditing, and Business Law.
As a former Investment Banker with Dresdner Bank AG, Germany he worked in Panama, Milan, Prague, Shenzhen, Hongkong, Bangkok, Moscow and St. Petersburg in GM and CEO positions.
Beside different professional memberships, Peter is a founding member and the secretary of the Ras Al Khaimah Rotary Club.