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RAKEZ Company Formation for Indians

Guide for Indian founders · around 3.5 hours from New Delhi

For most clients, if you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and straightforward renewal process. 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. In our experience, payments between India and the UAE are routine: the dirham is pegged to the dollar, Indian rupee (INR) transfers settle quickly and UAE banks are familiar with Indian business profiles. In short, the most common businesses Indians open through GoldenKey are in trading, IT and software, retail and construction, although RAKEZ supports almost any activity.

Why RAKEZ

Merger of RAK Free Trade Zone and RAK Investment Authority. In our experience, popular activities in RAKEZ include trading, industrial, consultancy, services and manufacturing, and most of them can be combined on a single licence. GoldenKey has prepared RAKEZ files for Indian clients in trading, IT and software, retail and construction, which means we know which India paperwork need attestation and which can be submitted as plain copies.

How RAKEZ works with GoldenKey

  1. Step 1: Consultation and activity selection
    Step 1

    Consultation 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.

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

    Name reservation and initial approval

    GoldenKey reserves your trade name with the RAKEZ authority and obtains initial approval, usually within one to two working days. Your portal shows the status of this step for RAKEZ company formation for Indians in real time.

  3. Step 3: Document submission and payment
    Step 3

    Document submission and payment

    With the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the authority on your behalf.

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

    Licence issued and next steps

    Put simply, once the RAKEZ licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting. For RAKEZ company formation for Indians this step rarely needs your presence; scans and e-signatures are enough.

Documents required

The document list for RAKEZ company formation for Indians is short, and most clients already have everything on it.

  • Your current residency visa and Emirates ID copy if you are a UAE resident
  • The UAE entry stamp or visa page if you are already in the country
  • A bank statement from your India bank for the last three months, which banks use to understand your profile
  • A no-objection certificate from your employer if you hold a UAE employment visa
  • A clear passport copy for each shareholder and manager, valid for at least six months
  • A police clearance certificate from India if the activity or the Golden Visa category requires it

Pricing

In practice, the figures below for RAKEZ company formation for Indians are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one. Put simply, pricing for RAKEZ company formation for Indians 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.

Why the UAE

The UAE sits within an eight-hour flight of two-thirds of the world's population, and that is why so many entrepreneurs choose it as a base for RAKEZ company formation for Indians. Importantly, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so RAKEZ company formation for Indians no longer requires a local partner.

Why GoldenKey

GoldenKey is based in Ajman Free Zone and has helped entrepreneurs from more than 60 countries with RAKEZ company formation for Indians, so the paperwork, approvals and timing hold no surprises for us. GoldenKey builds its own CRM and client portal, so you can see the status of your RAKEZ application, download your papers and pay invoices from your phone. Because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which papers each of them will ask for on a RAKEZ file.

As we tell every client, 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 Indians.

Frequently asked questions

How long does the RAKEZ licence take?

Day to day, once your documents are complete, the registrar typically issues the licence within 5 working days. Visas and bank account opening follow afterwards.

Can I add more activities to my RAKEZ licence later?

Absolutely. RAKEZ allows activity additions and changes through a licence amendment, which GoldenKey can process in a few working days for a small authority fee.

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 generally, 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.

Do Indians need a UAE visa before applying for RAKEZ?

No. You can apply for the licence from India with scanned documents, and the investor residence visa is handled afterwards.

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

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

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