WhatsApp quoteRAKEZ is RAK's all-in-one economic zone — business, industrial and academic licences, and it has become one of the most practical choices for founders who want a UAE licence without a large upfront budget. GoldenKey has guided hundreds of entrepreneurs through RAKEZ company formation, from name reservation to the moment the licence PDF lands in their inbox. 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.
Why RAKEZ
As a rule, 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. RAKEZ is located in Ras Al Khaimah emirate — 45 minutes from Dubai via Sheikh Mohammed bin Zayed Road, and the authority's processing time for a standard file is around 5 working days. Unlike some zones, RAKEZ does not require a large paid-up capital to be blocked in a bank account before the licence is granted.
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 a Free Zone Company (FZCO / FZ-LLC) in RAKEZ, GoldenKey completes this stage with you on WhatsApp or by email.
Step 2Name reservation and initial approval
GoldenKey reserves your trade name with the RAKEZ authority and obtains initial approval, usually within one to two working days.
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. If the authority raises a query on a Free Zone Company (FZCO / FZ-LLC) in RAKEZ at this stage, we handle it the same day.
Step 4Licence issued and next steps
Your RAKEZ licence, certificate of incorporation and lease are released, and we move straight on to the establishment card, visas and bank introduction.
Documents required
For a Free Zone Company (FZCO / FZ-LLC) in RAKEZ 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
- Attested parent-company supporting documents and a board resolution if the shareholder is a company
- Proof of address such as a utility bill or bank statement, requested by some zones
- The UAE entry stamp or visa page if you are already in the country
- A no-objection certificate from your employer if you hold a UAE employment visa
Pricing
On the ground, all prices for a Free Zone Company (FZCO / FZ-LLC) in RAKEZ are indicative, shown in AED and confirmed in writing ahead of payment. The figures below for a Free Zone Company (FZCO / FZ-LLC) in RAKEZ are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one.
Pricing available on request — message us for a written quotation.
About the Free Zone Company (FZCO / FZ-LLC)
Partners, families and investor groups use the FZCO to share ownership while keeping limited liability and 100% foreign ownership.
Why the UAE
On the ground, banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of a Free Zone Company (FZCO / FZ-LLC) in RAKEZ predictable. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so a Free Zone Company (FZCO / FZ-LLC) in RAKEZ no longer requires a local partner.
Why GoldenKey
GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with a Free Zone Company (FZCO / FZ-LLC) in RAKEZ, so the paperwork, approvals and timing hold no surprises for us. GoldenKey's consultants have handled a Free Zone Company (FZCO / FZ-LLC) in RAKEZ for traders, consultants, tech company owners and family offices, which gives us a realistic view of what each authority approves fast. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for a Free Zone Company (FZCO / FZ-LLC) in RAKEZ happen the same day they are ready.
For most clients, 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 a Free Zone Company (FZCO / FZ-LLC) in RAKEZ.
Frequently asked questions
How long does the RAKEZ licence take?
From day one, once your paperwork are complete, the authority normally issues the licence within 5 business days. Visas and bank account opening follow afterwards.
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 many visas can I get with a RAKEZ licence?
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 supporting 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 processed.
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.
