On the ground, rAKBANK suits small and medium businesses, new companies and traders in the northern emirates, and its product range includes RAKstarter account, business current account, trade finance and business loans. RAKBANK is the National Bank of Ras Al Khaimah, known as the UAE's SME bank with a simple approach to small-business onboarding, and it is one of the banks GoldenKey regularly introduces new companies to. Greeks are a community concentrated in shipping, hospitality, construction and food, so the RAKBANK authority, the banks and the immigration officers see Greek applications every day and process them without hesitation. The most common businesses Greeks open through GoldenKey are in shipping, hospitality, food exports and construction, although RAKBANK supports almost any activity.
Why RAKBANK
Having a UAE residence visa and Emirates ID for at least one signatory makes a RAKBANK application noticeably smoother. If RAKBANK is not the right fit for your profile, we say so and introduce you to a bank that is, because a well-matched application is approved faster. GoldenKey has prepared RAKBANK files for Greek clients in shipping, hospitality, food exports and construction, which means we know which Greece papers need attestation and which can be submitted as plain copies.
How RAKBANK works with GoldenKey
Step 1Profile review
Day to day, we review your licence, activity, shareholder nationalities and expected turnover and confirm that RAKBANK is a sensible match.
Step 2Document pack
On the ground, we compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout RAKBANK expects. For a RAKBANK business account for Greek owners this step rarely needs your presence; scans and e-signatures are enough.
Step 3Introduction and meeting
We arrange the meeting with a RAKBANK relationship manager and sit alongside you to answer compliance questions.
Step 4Compliance and activation
RAKBANK's compliance team reviews the file, raises any follow-up questions (which we help answer) and activates the account on approval. This is also the point at which we answer any question specific to a RAKBANK business account for Greek owners.
Documents required
The document list for a RAKBANK business account for Greek owners is short, and most clients already have everything on it.
- A passport issued by Greece with at least six months' validity
- A business profile describing products, customers, suppliers and countries of operation
- Educational certificates attested by the Greece authorities and the UAE embassy, for professional activities
- A CV for each shareholder and the company's website or social links
- A police clearance certificate from Greece if the activity or the Golden Visa category requires it
- Sample invoices, contracts or purchase orders where available
Pricing
The figures below for a RAKBANK business account for Greek owners are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one. Pricing for a RAKBANK business account for Greek owners depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
| GoldenKey service fee | AED 1,500 |
|---|
Introduction, document preparation and coordination with bank relationship manager
Request this servicePrices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.
Why the UAE
The UAE's reputation as a trading hub means international clients and suppliers already trust a UAE licence, which shortens sales cycles for a RAKBANK business account for Greek owners. As a rule, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so a RAKBANK business account for Greek owners no longer requires a local partner.
Why GoldenKey
Most of our RAKBANK customers come to us through referrals from other founders, so we take pride in keeping every promise we put in writing. We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for a RAKBANK business account for Greek owners. Importantly, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for a RAKBANK business account for Greek owners happen the same day they are ready.
Call or WhatsApp GoldenKey today and an adviser will walk you through a RAKBANK business account for Greek owners step by step, with no obligation and no pressure.
Frequently asked questions
Can I open a RAKBANK account without a UAE residence visa?
In short, some banks consider non-resident company accounts, but most prefer a resident signatory. GoldenKey in most cases processes your investor visa before the bank application for that reason.
What if RAKBANK declines my application?
To be clear, we ask for the reason, address it if possible and apply to a better-matched bank. A decline at one bank does not affect your application elsewhere.
Can a free zone company open an account with RAKBANK?
Yes, it can. RAKBANK accepts companies from the main free zones, subject to its review. A clear activity and a UAE-resident signatory help.
Can a Greek citizen own 100% of a company in RAKBANK?
Yes, it can. Greeks can own the full share capital of a RAKBANK company with no local partner, exactly like any other nationality.
Can my family from Greece join me?
For most clients, once your investor visa is issued you can sponsor your spouse and children, and GoldenKey processes their visas alongside yours.


