To be clear, if you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and routine renewal process. A RAKEZ company can be owned entirely by foreign nationals, needs no local sponsor and can start trading internationally as soon as the licence is issued. Payments between Austria and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle quickly and UAE banks are familiar with Austrian business profiles. The most common businesses Austrians open through GoldenKey are in engineering, hospitality, construction technology and trading, although RAKEZ supports almost any activity.
Why RAKEZ
Over 14,000 companies from 100+ countries. In short, office options in RAKEZ range from flexi-desk, office suite, warehouse, industrial unit or land lease, so you only pay for the space your visa quota actually needs. Austrian applicants benefit from the fact that RAKEZ already has many Austrian shareholders on its register, so its officers recognise Austria supporting documents and name formats instantly.
How RAKEZ works with GoldenKey
Step 1Consultation and activity selection
We confirm that your activity is available in RAKEZ, choose the licence type and agree the visa package and office option that match your plan.
Step 2Name reservation and initial approval
Your trade name is reserved with the RAKEZ authority and initial approval is obtained; this stage rarely takes more than two working days. Nothing is submitted for RAKEZ company formation for Austrians until you have reviewed and approved it.
Step 3Document submission and payment
In practice, with the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the authority on your behalf.
Step 4Licence issued and next steps
From day one, once the RAKEZ licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting. If the authority raises a query on RAKEZ company formation for Austrians at this stage, we handle it the same day.
Documents required
Crucially, the document list for RAKEZ company formation for Austrians is short, and most customers already have everything on it.
- Educational certificates attested by the Austria authorities and the UAE embassy, for professional activities
- A no-objection certificate from your employer if you hold a UAE employment visa
- Attested parent-company documents and a board resolution if the shareholder is a company
- A short business plan or activity description for certain professional activities
- Proof of address such as a utility bill or bank statement, requested by some zones
- Your current residency visa and Emirates ID copy if you are a UAE resident
Pricing
On the ground, the figures below for RAKEZ company formation for Austrians are updated by GoldenKey whenever the licensing authority changes its fees, so the price you see is the current one. Use the table below to compare packages for RAKEZ company formation for Austrians; we will confirm the exact total for your case in a written quotation.
Pricing available on request — message us for a written quotation.
Why the UAE
Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so RAKEZ company formation for Austrians no longer requires a local partner. In practice, the UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many founders choose it as a base for RAKEZ company formation for Austrians.
Why GoldenKey
We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for RAKEZ company formation for Austrians. Most of our RAKEZ clients come to us through referrals from other founders, and for that reason we take pride in keeping every promise we put in writing. GoldenKey's consultants have handled RAKEZ company formation for Austrians for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly.
As we tell every client, book a call with GoldenKey and we will confirm your eligibility, your costs and your next steps for RAKEZ company formation for Austrians in a single conversation.
Frequently asked questions
How many visas can I get with a RAKEZ licence?
To be clear, visa quota is tied to the package and office you choose. RAKEZ packages typically start from a zero-visa option and scale to five or more visas with a physical office, and additional visas can be added later for the per-visa fee shown in our pricing.
Do I need to visit the UAE to set up in RAKEZ?
Most RAKEZ licences can be granted remotely with scanned papers and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your residence visa is processed.
How long does the RAKEZ licence take?
Once your documents are complete, the authority usually issues the licence within 5 working days. Visas and bank account opening follow afterwards.
Can a Austrian citizen own 100% of a company in RAKEZ?
Yes, it can. Austrians can own the full share capital of a RAKEZ company with no local partner, exactly like any other nationality.
Can my family from Austria join me?
For most clients, once your investor visa is released you can sponsor your spouse and children, and GoldenKey processes their visas alongside yours.


