Fintech & Payments in RAKEZ

Why RAKEZ

RAKEZ licences are renewed annually with a simple online payment and updated passport copies, and GoldenKey sends a reminder 60 days before the due date. One of the reasons we recommend RAKEZ is its competitive pricing, which matters more than most founders realise once the business is running. RAKEZ is a sensible home for fintech & payments because payment technology, lending platforms, wealth-tech and financial software is a well-understood activity there and the approvals are routine.

How RAKEZ works with GoldenKey

1. 
   Step 1

   Consultation and activity selection

   As we tell every client, 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. We keep a written record of this step so your file for fintech & payments in RAKEZ is audit-ready.

2. 
   Step 2

   Name reservation and initial approval

   On the ground, your trade name is reserved with the RAKEZ authority and initial approval is obtained; this stage rarely takes more than two working days.

3. 
   Step 3

   Document submission and payment

   You sign the application and memorandum, we file the attested paperwork with RAKEZ and the authority's licence fee is paid. Your portal shows the status of this step for fintech & payments in RAKEZ in real time.

4. 
   Step 4

   Licence issued and next steps

   On the ground, once the RAKEZ licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting.

Documents required

Here is what you will need for fintech & payments in RAKEZ; GoldenKey checks every item before submission.

• A clear passport copy for each shareholder and manager, valid for at least six months
• A no-objection certificate from your employer if you hold a UAE employment visa
• The UAE entry stamp or visa page if you are already in the country
• A short business plan or activity description for certain professional activities
• A passport-size photograph on a white background
• Proof of address such as a utility bill or bank statement, requested by some zones

Pricing

In our experience, pricing for fintech & payments in RAKEZ depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. All prices for fintech & payments in RAKEZ are indicative, shown in AED and confirmed in writing before any payment.

Pricing available on request — message us for a written quotation.

Why the UAE

English is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies fintech & payments in RAKEZ for international founders. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so fintech & payments in RAKEZ no longer requires a local partner.

Why GoldenKey

Our quotations for fintech & payments in RAKEZ list every government fee and our service fee on one page, in writing, before you pay anything. From day one, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for fintech & payments in RAKEZ happen the same day they are ready. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with fintech & payments in RAKEZ, so the paperwork, approvals and timing hold no surprises for us.

Frequently asked questions