The following example is a composite of real RAKEZ files handled by GoldenKey for Ukrainian clients in oil & gas services; details have been generalised.
The starting point
A Ukrainian entrepreneur from Kyiv wanted to launch an oil and gas services company serving customers in the UAE and Ukraine. The priorities were a credible licence, a residency visa and a business bank account within a realistic budget.
Why RAKEZ
For most clients, after comparing options, RAKEZ was chosen for its competitive pricing and because oil & gas services is a well-established activity there. GoldenKey confirmed the activity code and the visa package in the first consultation.
The process
GoldenKey reserved the trade name, obtained initial approval and submitted attested documents from Ukraine. The licence was granted in line with the usual RAKEZ timeline, followed by the establishment card, investor visa, medical test and Emirates ID.
Banking and tax
For most clients, with the licence and visa in hand, GoldenKey prepared the bank file and introduced the client to a bank suited to oil & gas services. Corporate tax registration was completed within the FTA deadline and VAT registration was timed to the expected turnover.
The outcome
To be clear, the business was invoicing clients within weeks of the first call, with a UAE address, a resident founder and a compliance calendar managed by GoldenKey. The same path is available to any Ukrainian founder considering oil & gas services in RAKEZ.
Indicative pricing for RAKEZ
Pricing available on request — message us for a written quotation.
Why GoldenKey
In short, we speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for oil & gas services in RAKEZ for a Ukrainian founder. On the ground, if a document is missing or an approval is delayed on your RAKEZ file, we tell you immediately and explain the fix, rather than letting the application sit.
To be clear, ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for oil & gas services in RAKEZ for a Ukrainian founder.
Frequently asked questions
Can a Ukrainian citizen own 100% of a company in RAKEZ?
Absolutely. Ukrainians can own the full share capital of a RAKEZ company with no local partner, exactly like any other nationality.
Can my family from Ukraine join me?
Once your investor visa is issued you can sponsor your spouse and children, and GoldenKey processes their visas alongside yours.
Is there a double taxation agreement between Ukraine and the UAE?
Yes. The UAE and Ukraine have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.


