License - 0 Visa
Licence only · upgrade to visas anytime
AED 6,010
- Trade licence & registration
- Upgrade to visas anytime
- Company name reservation
- Flexi-desk / office options
- GoldenKey PRO support
FREE ZONE · RAS AL KHAIMAH
RAKEZ Company Formation for Canadians
Guide for Canadian founders · around 13 hours from Toronto from Ottawa
5–7 daysSetup time100%OwnershipUp to 4 visasVisas
- 5–7 daysSetup time
- Free ZoneLicence type
- Flexi | PhysicalOffice / facility
- Up to 4 visasVisa eligibility
- StandardApprovals needed
- From AED 7,150Renewal cost
About RAKEZ
Why RAKEZ
GoldenKey has guided hundreds of entrepreneurs through RAKEZ company formation, from name reservation to the moment the licence PDF lands in their inbox. If you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and straightforward renewal process. The most common businesses Canadians open through GoldenKey are in education, engineering, healthcare and technology, although RAKEZ supports almost any activity. GoldenKey has Canadian clients from Toronto, Vancouver and Montreal, and our consultants understand the supporting documents granted in Canada and how to attest them for the UAE.
Put simply, over 14,000 companies from 100+ countries. Unlike some zones, RAKEZ does not require a large paid-up capital to be blocked in a bank account before the licence is issued. GoldenKey has prepared RAKEZ files for Canadian customers in education, engineering, healthcare and technology, which means we know which Canada supporting documents need attestation and which can be submitted as plain copies.
Packages & cost
Pricing — choose the right package for your business
For most clients, pricing for RAKEZ company formation for Canadians depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. Use the table below to compare packages for RAKEZ company formation for Canadians; we will confirm the exact total for your case in a written quotation.
License - 1 Visa
1 residence visa · 1-year licence
AED 12,010
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
License - 1 Visa
1 residence visa · 1-year licence
AED 14,010
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
License - 2 Visa
2 residence visas · 1-year licence
AED 18,010
- Trade licence & registration
- Establishment card included
- 2 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License - 3 Visa
3 residence visas · 1-year licence
AED 22,010
- Trade licence & registration
- Establishment card included
- 3 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License - 4 Visa
4 residence visas · 1-year licence
AED 26,010
- Trade licence & registration
- Establishment card included
- 4 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
Additional visaAED 2,750
Annual renewalAED 7,150
Bank account assistanceAED 1,650
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-24.
Business activities
Explore 3,250 business activities in RAKEZ
RAKEZ lets you combine related activities on one licence. Search by what your business does — in English or Arabic — and quote the GK code when you ask for a quotation.
Industrial1154Commercial1017Professional450Services301Media130Freelance Permit100Educational61Individual / Professional24E-Commerce11Business Invest1General Trading1
GK-RAKEZ-001(Nursery)Medical Secondary EducationProfessionalGK-RAKEZ-002(UAS trading (wholesaleCommercialGK-RAKEZ-0033D Printing Manufacturing (Additive Manufacturing)IndustrialGK-RAKEZ-004Abrasive & Minerals TradingCommercialGK-RAKEZ-005Academic Liaison OfficeEducationalGK-RAKEZ-006Access Cradles ManufacturingIndustrialPopular choices · 3,250 activities availableAll 3,250 RAKEZ activities
Required documents
Documents required
The document list for RAKEZ company formation for Canadians is short, and most clients already have everything on it.
Scanned colour copies are enough to start. We check every item before anything is submitted.
For individuals
- A passport released by Canada with at least six months' validity
- Educational certificates attested by the Canada authorities and the UAE embassy, for professional activities
- A bank statement from your Canada bank for the last three months, which banks use to understand your profile
- A police clearance certificate from Canada if the activity or the Golden Visa category requires itif applicable
- The UAE entry stamp or visa page if you are already in the countryif applicable
- Proof of address such as a utility bill or bank statement, requested by some zonesif applicable
For companies
- Certificate of incorporation (attested)
- Memorandum & articles of association
- Board resolution approving the UAE company
- Passport copies of shareholders & directors
- Company profile / business plan
Our process
How RAKEZ works with GoldenKey
- 1
Consultation and activity selection
Day to day, 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.
- 2
Name reservation and initial approval
We submit your preferred trade names to RAKEZ and secure initial approval, normally within a day or two of submission. Expect clear updates from your GoldenKey consultant while this step runs for RAKEZ company formation for Canadians.
- 3
Document submission and payment
You sign the application forms and memorandum, we submit the attested paperwork and the licence fee is paid to the authority.
- 4
Licence 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. This is also the point at which we answer any question specific to RAKEZ company formation for Canadians.
Frequently asked questions
Frequently asked questions
Straight answers about RAKEZ. Anything else — ask GK AI or message us.
View all FAQsDo I need to visit the UAE to set up in RAKEZ?
In our experience, 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 for most applicants the same.
How long does the RAKEZ licence take?
Once your paperwork are complete, the authority as a rule issues the licence within 5 working days (Monday to Friday). Visas and bank account opening follow afterwards.
Do Canadians need a UAE visa before applying for RAKEZ?
No. You can apply for the licence from Canada with scanned papers, and the investor residence visa is handled afterwards.
Can a Canadian citizen own 100% of a company in RAKEZ?
Yes. Canadians can own the full share capital of a RAKEZ company with no local partner, exactly like any other nationality.
Get a free quote
Ready to start your business in RAKEZ?
Prefer to visit? Our Ajman office welcomes walk-ins during working hours, and we can also meet you in Dubai or Sharjah by appointment to discuss RAKEZ company formation for Canadians.
Good to know
More about RAKEZ
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 Canadians no longer requires a local partner. The UAE sits within an eight-hour flight of two-thirds of the world's population, so so many founders choose it as a base for RAKEZ company formation for Canadians.
Why GoldenKey
From day one, 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 file sit. Our quotations for RAKEZ company formation for Canadians list every government fee and our service fee on one page, in writing, before you pay anything. For most clients, 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 Canadians.
