RAKEZ combines competitive pricing with the flexibility to add activities and visas later, and that is why it suits both first-time founders and established groups. For most clients, 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. Founders choose RAKEZ when they want a credible UAE address, fast licensing and packages that scale from a solo flexi-desk to a multi-visa office.
Why RAKEZ
Unlike some zones, RAKEZ does not require a large paid-up capital to be blocked in a bank account before the licence is issued. Industrial zones with factory units from 200 sq m. In practice, one of the reasons our advice is to choose RAKEZ is its competitive pricing, which matters more than most founders realise once the business is running.
Documents required
The document list for costs of setting up in RAKEZ is short, and most clients already have everything on it.
- A passport-size photograph on a white background
- A short business plan or activity description for certain professional activities
- Attested parent-company documents and a board resolution if the shareholder is a company
- A no-objection certificate from your employer if you hold a UAE employment visa
- Your current UAE residence visa and Emirates ID copy if you are a UAE resident
- A clear passport copy for each shareholder and manager, valid for at least six months
Pricing
Use the table below to compare packages for costs of setting up in RAKEZ; we will confirm the exact total for your case in a written quotation. Pricing for costs of setting up in RAKEZ depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
Pricing available on request — message us for a written quotation.
What the price includes
Every RAKEZ package quoted by GoldenKey includes the trade licence, company registration, the lease for the office option in the package and our full service. Residence visas are priced per person at on request covering the entry permit, status change, medical test and Emirates ID. Annual renewal of the licence is currently on request, and our bank account introduction service is on request. Government fees change from time to time; the figures on this page are drawn from our live price list and confirmed in writing before you pay.
First year versus renewal
Your first-year cost in RAKEZ includes one-off registration, establishment card and immigration file charges. From year two you pay the renewal fee and visa renewals only, which is why the second year is noticeably lower than the first. GoldenKey shows both figures side by side so there are no surprises twelve months later.
Why the UAE
Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so costs of setting up in RAKEZ no longer requires a local partner. The dirham has been pegged to the US dollar since 1997, which removes currency risk for costs of setting up in RAKEZ and makes international pricing simple.
Why GoldenKey
Our quotations for costs of setting up in RAKEZ list every government fee and our service fee on one page, in writing, before you pay anything. After your RAKEZ licence is granted, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. Because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which documents each of them will ask for on a RAKEZ file.
Start your RAKEZ journey with a free consultation: share a few details about your business and we will map out the fastest route to your licence.
Frequently asked questions
Can I open a UAE bank account with a RAKEZ company?
Yes, RAKEZ companies open accounts with UAE banks every day. Approval depends on the bank's compliance review of your profile, business plan and papers, and GoldenKey prepares the file and introduces you to a suitable bank.
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 in most cases the same.
Do I need to visit the UAE to set up in RAKEZ?
Just as important, 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 UAE residence visa is completed.
Can a RAKEZ company do business on the UAE mainland?
A RAKEZ company can sell to mainland customers through a mainland distributor, invoice services to mainland clients for most applicants, and apply for a dual-licence arrangement where the emirate offers one. Direct retail or on-site contracting on the mainland needs a mainland licence.
Is an audit required for a RAKEZ company?
In our experience, requirements vary by zone and by company size. GoldenKey will confirm the current RAKEZ rule when we prepare your quotation, and we provide bookkeeping if you need accounts in any case for corporate tax.


