Crucially, if you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and straightforward renewal process. On the ground, setting up a company in RAKEZ gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. In our experience, payments between Belgium and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle quickly and UAE banks are familiar with Belgian business profiles. The most common businesses Belgians open through GoldenKey are in diamond trading, logistics, pharmaceuticals and chemicals, although RAKEZ supports almost any activity.
Why RAKEZ
To be clear, one of the reasons we suggest RAKEZ is its competitive pricing, which matters more than most founders realise once the business is running. In our experience, home to American University of Ras Al Khaimah. Belgian applicants benefit from the fact that RAKEZ already has many Belgian shareholders on its register, so its officers recognise Belgium documents and name formats instantly.
How RAKEZ works with GoldenKey
Step 1Consultation and activity selection
GoldenKey starts by confirming your activity is available in RAKEZ, then agrees the licence category, visa quota and office option with you in writing. For RAKEZ company formation for Belgians, GoldenKey completes this stage with you on WhatsApp or by email.
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 (Monday to Friday).
Step 3Document submission and payment
Just as important, you sign the application forms and memorandum, we submit the attested documents and the licence fee is paid to the authority. If the authority raises a query on RAKEZ company formation for Belgians at this stage, we handle it the same day.
Step 4Licence issued and next steps
RAKEZ issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction.
Documents required
For RAKEZ company formation for Belgians the authority asks for the following documents, and we tell you exactly how each must be formatted.
- A clear passport copy for each shareholder and manager, valid for at least six months
- A passport-size photograph on a white background
- Proof of address such as a utility bill or bank statement, requested by some zones
- A police clearance certificate from Belgium if the activity or the Golden Visa category requires it
- A no-objection certificate from your employer if you hold a UAE employment visa
- A passport granted by Belgium with at least six months' validity
Pricing
In short, all prices for RAKEZ company formation for Belgians are indicative, shown in AED and confirmed in writing before you pay. From day one, the figures below for RAKEZ company formation for Belgians are updated by GoldenKey whenever the registrar changes its fees, so the price you see is the current one.
Pricing available on request — message us for a written quotation.
Why the UAE
In short, banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of RAKEZ company formation for Belgians predictable. Crucially, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so RAKEZ company formation for Belgians no longer requires a local partner.
Why GoldenKey
Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for RAKEZ company formation for Belgians happen the same day they are ready. Day to day, after your RAKEZ licence is released, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. In short, 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 Belgians.
For most clients, message GoldenKey now and we will prepare a personalised quotation for RAKEZ company formation for Belgians, valid for 30 days and confirmed in writing.
Frequently asked questions
Do I need to visit the UAE to set up in RAKEZ?
For most clients, most RAKEZ licences can be issued remotely with scanned documents 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.
What is the difference between an FZE and an FZCO in RAKEZ?
An FZE has one shareholder and an FZCO has two or more. Both offer limited liability and 100% foreign ownership, and the fees in RAKEZ are usually the same.
How long does the RAKEZ licence take?
Once your documents are complete, the registrar typically issues the licence within 5 working days. Visas and bank account opening follow afterwards.
Can a Belgian citizen own 100% of a company in RAKEZ?
Yes. Belgians can own the full share capital of a RAKEZ company with no local partner, exactly like any other nationality.
Do Belgians need a UAE visa before applying for RAKEZ?
No, it does not. You can apply for the licence from Belgium with scanned documents, and the investor UAE residence visa is processed afterwards.


