WhatsApp quoteA 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. In practice, if you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and straightforward renewal process. Importantly, founders choose RAKEZ when they want a credible UAE address, fast licensing and packages that scale from a solo flexi-desk to a multi-visa office.
Why RAKEZ
From day one, one of the reasons we recommend RAKEZ is its competitive pricing, which matters more than most founders realise once the business is running. Popular activities in RAKEZ include trading, industrial, consultancy, services and manufacturing, and most of them can be combined on a single licence. In our experience, merger of RAK Free Trade Zone and RAK Investment Authority.
Documents required
Gather these documents and GoldenKey will take care of the rest of renewing a licence in RAKEZ.
- A clear passport copy for each shareholder and manager, valid for at least six months
- 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
- Your current residency visa and Emirates ID copy if you are a UAE resident
- A passport-size photograph on a white background
- A no-objection certificate from your employer if you hold a UAE employment visa
Pricing
All prices for renewing a licence in RAKEZ are indicative, shown in AED and confirmed in writing before you pay. The figures below for renewing a licence 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.
Changing your package at renewal
Renewal is the natural moment to move to a larger or smaller RAKEZ package, add activities or change the office option. We review your plans before each renewal so the package still fits.
Renewal deadline and penalties
Your RAKEZ licence expires on the anniversary of issue. Renewing late attracts monthly penalties and, after a grace period, suspension of the licence and the visas attached to it. GoldenKey reminds you 60 and 30 days before expiry and completes the renewal in advance.
Why the UAE
The UAE sits within an eight-hour flight of two-thirds of the world's population, so so many founders choose it as a base for renewing a licence in RAKEZ. As a rule, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so renewing a licence in RAKEZ 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 renewing a licence in RAKEZ, so the paperwork, approvals and timing hold no surprises for us. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for renewing a licence in RAKEZ happen the same day they are ready. Every RAKEZ package we quote already includes the licence, registration, the establishment card where applicable and our full assistance, with no hidden add-ons at the end.
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 renewing a licence in RAKEZ.
Frequently asked questions
Do I need to visit the UAE to set up in RAKEZ?
Most RAKEZ licences can be issued remotely with scanned 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 completed.
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 generally the same.
Can I add more activities to my RAKEZ licence later?
Yes. RAKEZ allows activity additions and changes through a licence amendment, which GoldenKey can process in a few business days for a small authority fee.
How many visas can I get with a RAKEZ licence?
On the ground, visa quota is tied to the package and office you choose. RAKEZ packages usually 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.
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 in most cases, 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.
