WhatsApp quoteIn practice, if you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and routine renewal process. A RAKEZ company can be owned entirely by foreign nationals, needs no local sponsor and can start trading internationally as soon as the licence is issued. Importantly, typical examples of this activity include equipment supply, inspection services, engineering support and chemicals trading, which can in most cases sit together on one RAKEZ licence. GoldenKey has licensed oil and gas services company businesses for clients in RAKEZ and knows which sub-activities to list so you are not asked to amend the licence later.
Why RAKEZ
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 (Monday to Friday). In practice, office options in RAKEZ range from flexi-desk, office suite, warehouse, industrial unit or land lease, so you only pay for the space your visa quota actually needs. As we tell every client, for oil & gas services, RAKEZ offers the office options such a business actually needs and a visa quota that can grow with the team.
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. Nothing is submitted for oil & gas services in RAKEZ until you have reviewed and approved it.
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
As we tell every client, you sign the request and memorandum, we file the attested paperwork with RAKEZ and the authority's licence fee is paid. This is also the point at which we answer any question specific to oil & gas services in RAKEZ.
Step 4Licence issued and next steps
As we tell every client, once the RAKEZ licence and company paperwork are released, we move immediately to the immigration file, residence visas and the bank meeting.
Documents required
The document list for oil & gas services in RAKEZ is short, and most clients already have everything on it.
- Company profile
- 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
- A short business plan or activity description for certain professional activities
- Your current 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
The figures below for oil & gas services in RAKEZ are updated by GoldenKey whenever the issuing authority changes its fees, so the price you see is the current one. Use the table below to compare packages for oil & gas services in RAKEZ; we will confirm the exact total for your case in a written quotation.
Pricing available on request — message us for a written quotation.
Why the UAE
From day one, there are no restrictions on repatriating profits or capital, so earnings from oil & gas services in RAKEZ can be moved to your home country or reinvested freely. Just as important, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so oil & gas services in RAKEZ no longer requires a local partner.
Why GoldenKey
In our experience, we speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for oil & gas services in RAKEZ. GoldenKey is based in Ajman Free Zone and has helped business owners from more than 60 countries with oil & gas services in RAKEZ, so the paperwork, approvals and timing hold no surprises for us. In short, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for oil & gas services in RAKEZ happen the same day they are ready.
Ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for oil & gas services in RAKEZ.
Frequently asked questions
Do I need to visit the UAE to set up in RAKEZ?
Most RAKEZ licences can be granted remotely with scanned paperwork 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.
How long does the RAKEZ licence take?
Once your paperwork are complete, the licensing authority typically issues the licence within 5 working days. Visas and bank account opening follow afterwards.
Which licence type covers oil & gas services?
Oil & Gas Services is classified as a commercial activity, and GoldenKey selects the exact activity code so your licence matches what you actually do.
What approvals does oil & gas services need?
ADNOC or operator vendor registration; ICV certification. GoldenKey obtains these as part of the setup.
