WhatsApp quoteAs we tell every client, if you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and straightforward renewal process. RAKEZ combines competitive pricing with the flexibility to add activities and visas later, which is why it suits both first-time founders and established groups. As a rule, the most common businesses UAE nationals and residents open through GoldenKey are in trading, real estate, investment holding and technology, although RAKEZ supports almost any activity. From day one, payments between United Arab Emirates and the UAE are routine: the dirham is pegged to the dollar, UAE dirham (AED) transfers settle quickly and UAE banks are familiar with Emirati business profiles.
Why RAKEZ
Just as important, popular activities in RAKEZ include trading, industrial, consultancy, services and manufacturing, and most of them can be combined on a single licence. To be clear, one of the reasons we recommend RAKEZ is its competitive pricing, which matters more than most founders realise once the business is running. On the ground, for UAE nationals and residents, the practical advantages of RAKEZ are the ease of travel between United Arab Emirates and the UAE, Arabic and English are both official business languages, and a banking system that processes UAE dirham (AED) transfers daily.
How RAKEZ works with GoldenKey
Step 1Consultation and activity selection
In our experience, 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. Nothing is submitted for RAKEZ company formation for UAE nationals and residents until you have reviewed and approved it.
Step 2Name reservation and initial approval
Your trade name is reserved with the RAKEZ authority and initial approval is obtained; this stage rarely takes more than two working days (Monday to Friday).
Step 3Document submission and payment
You sign the application 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 RAKEZ company formation for UAE nationals and residents.
Step 4Licence issued and next steps
Crucially, your RAKEZ licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction.
Documents required
Here is what you will need for RAKEZ company formation for UAE nationals and residents; GoldenKey checks every item before submission.
- Your current UAE residence visa and Emirates ID copy if you are a UAE resident
- A bank statement from your United Arab Emirates bank for the last three months, which banks use to understand your profile
- Proof of address such as a utility bill or bank statement, requested by some zones
- A clear passport copy for each shareholder and manager, valid for at least six months
- A police clearance certificate from United Arab Emirates if the activity or the Golden Visa category requires it
- The UAE entry stamp or visa page if you are already in the country
Pricing
In short, all prices for RAKEZ company formation for UAE nationals and residents are indicative, shown in AED and confirmed in writing before you pay. The figures below for RAKEZ company formation for UAE nationals and residents are updated by GoldenKey whenever the issuing authority changes its fees, so the price you see is the current one.
Pricing available on request — message us for a written quotation.
Why the UAE
Just as important, there are no restrictions on repatriating profits or capital, so earnings from RAKEZ company formation for UAE nationals and residents can be moved to your home country or reinvested freely. The dirham has been pegged to the US dollar since 1997, which removes currency risk for RAKEZ company formation for UAE nationals and residents and makes international pricing simple.
Why GoldenKey
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 UAE nationals and residents happen the same day they are ready. GoldenKey's consultants have handled RAKEZ company formation for UAE nationals and residents for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves without delay. Our quotations for RAKEZ company formation for UAE nationals and residents list every government fee and our service fee on one page, in writing, before you pay anything.
Put simply, call or WhatsApp GoldenKey today and a consultant will walk you through RAKEZ company formation for UAE nationals and residents step by step, with no obligation and no pressure.
Frequently asked questions
How long does the RAKEZ licence take?
Just as important, once your supporting documents are complete, the authority typically issues the licence within 5 working days. Visas and bank account opening follow afterwards.
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.
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 documents, and GoldenKey prepares the file and introduces you to a suitable bank.
Can a Emirati citizen own 100% of a company in RAKEZ?
Absolutely. UAE nationals and residents can own the full share capital of a RAKEZ company with no local partner, exactly like any other nationality.
Is there a double taxation agreement between United Arab Emirates and the UAE?
Crucially, as a UAE resident you benefit from the UAE's network of double taxation agreements with more than 130 countries once you hold a tax residency certificate.
