Skip to content

UAEGet your business licence in just 60 minutes

Golden KeyBusiness & Consultant Services Get Started

RAKEZ Company Formation for Greeks

Guide for Greek founders · around 4.5 hours from Athens

RAKEZ is RAK's all-in-one economic zone — business, industrial and academic licences, and it has become one of the most practical choices for business owners 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. Greeks are a community concentrated in shipping, hospitality, construction and food, so the RAKEZ authority, the banks and the immigration officers see Greek applications every day and process them without hesitation. Put simply, the most common businesses Greeks open through GoldenKey are in shipping, hospitality, food exports and construction, although RAKEZ supports almost any activity.

Why RAKEZ

Crucially, unlike some zones, RAKEZ does not require a large paid-up capital to be blocked in a bank account before the licence is granted. Over 14,000 companies from 100+ countries. Greek applicants benefit from the fact that RAKEZ already has many Greek shareholders on its register, so its officers recognise Greece papers and name formats instantly.

How RAKEZ works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation and activity selection

    On the ground, 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. For RAKEZ company formation for Greeks, GoldenKey completes this stage with you on WhatsApp or by email.

  2. Step 2: Name reservation and initial approval
    Step 2

    Name reservation and initial approval

    As a rule, we submit your preferred trade names to RAKEZ and secure initial approval, normally within a day or two of submission.

  3. Step 3: Document submission and payment
    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. For RAKEZ company formation for Greeks this step rarely needs your presence; scans and e-signatures are enough.

  4. Step 4: Licence issued and next steps
    Step 4

    Licence issued and next steps

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

Documents required

Gather these papers and GoldenKey will take care of the rest of RAKEZ company formation for Greeks.

  • Proof of address such as a utility bill or bank statement, requested by some zones
  • A passport issued by Greece with at least six months' validity
  • A police clearance certificate from Greece if the activity or the Golden Visa category requires it
  • Attested parent-company papers and a board resolution if the shareholder is a company
  • The UAE entry stamp or visa page if you are already in the country
  • Educational certificates attested by the Greece authorities and the UAE embassy, for professional activities

Pricing

Pricing for RAKEZ company formation for Greeks depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. All prices for RAKEZ company formation for Greeks are indicative, shown in AED and confirmed in writing before a single dirham changes hands.

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

Why the UAE

Put simply, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so RAKEZ company formation for Greeks no longer requires a local partner. As a rule, the dirham has been pegged to the US dollar since 1997, which removes currency risk for RAKEZ company formation for Greeks and makes international pricing simple.

Why GoldenKey

In our experience, our quotations for RAKEZ company formation for Greeks list every government fee and our service fee on one page, in writing, ahead of payment anything. 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 Greeks happen the same day they are ready. 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 Greeks.

Put simply, if you would like a written quotation for RAKEZ company formation for Greeks, use the form below or message us on WhatsApp and we will respond as soon as possible.

Frequently asked questions

Do I need to visit the UAE to set up in RAKEZ?

Most RAKEZ licences can be issued 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.

How long does the RAKEZ licence take?

In our experience, once your documents are complete, the registrar typically issues the licence within 5 working days. Visas and bank account opening follow afterwards.

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 supporting documents, and GoldenKey prepares the file and introduces you to a suitable bank.

Do Greeks need a UAE visa before applying for RAKEZ?

Not in that case. You can apply for the licence from Greece with scanned documents, and the investor residence visa is processed afterwards.

Can a Greek citizen own 100% of a company in RAKEZ?

It can. Greeks can own the full share capital of a RAKEZ company with no local partner, exactly like any other nationality.

WhatsApp Call us