WhatsApp quoteOn the ground, if you are weighing up where to register in the UAE, RAKEZ deserves a close look for its competitive pricing and routine renewal process. Importantly, 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. On the ground, the most common businesses Ukrainians open through GoldenKey are in IT and software, agricultural exports, e-commerce and consulting, although RAKEZ supports almost any activity. Just as important, payments between Ukraine and the UAE are routine: the dirham is pegged to the dollar, Ukrainian hryvnia (UAH) transfers settle without delay and UAE banks are familiar with Ukrainian business profiles.
Why RAKEZ
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. Merger of RAK Free Trade Zone and RAK Investment Authority. Many Ukrainian company owners run RAKEZ companies alongside an existing business in Ukraine, using the UAE entity for international invoicing and regional sales.
How RAKEZ works with GoldenKey
Step 1Consultation and activity selection
In short, in the first call we check that RAKEZ lists your activity, settle the licence type and match the visa package and office to what you actually need.
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. Your portal shows the status of this step for RAKEZ company formation for Ukrainians in real time.
Step 3Document submission and payment
You sign the file forms and memorandum, we submit the attested documents and the licence fee is paid to the authority.
Step 4Licence issued and next steps
RAKEZ issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction. Your portal shows the status of this step for RAKEZ company formation for Ukrainians in real time.
Documents required
Put simply, gather these documents and GoldenKey will take care of the rest of RAKEZ company formation for Ukrainians.
- A clear passport copy for each shareholder and manager, valid for at least six months
- A no-objection certificate from your employer if you hold a UAE employment visa
- Educational certificates attested by the Ukraine authorities and the UAE embassy, for professional activities
- Your current UAE residence visa and Emirates ID copy if you are a UAE resident
- A passport-size photograph on a white background
- Attested parent-company supporting documents and a board resolution if the shareholder is a company
Pricing
All prices for RAKEZ company formation for Ukrainians are indicative, shown in AED and confirmed in writing ahead of payment. For most clients, use the table below to compare packages for RAKEZ company formation for Ukrainians; 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
Just as important, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so RAKEZ company formation for Ukrainians no longer requires a local partner. On the ground, there are no restrictions on repatriating profits or capital, so earnings from RAKEZ company formation for Ukrainians can be moved to your home country or reinvested freely.
Why GoldenKey
Day to day, we speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for RAKEZ company formation for Ukrainians. 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 Ukrainians happen the same day they are ready. GoldenKey's consultants have handled RAKEZ company formation for Ukrainians for traders, consultants, tech business owners and family offices, which gives us a realistic view of what each authority approves quickly.
If you would like a written quotation for RAKEZ company formation for Ukrainians, 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 granted 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 residence visa is handled.
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.
How long does the RAKEZ licence take?
Once your supporting documents are complete, the registrar in most cases issues the licence within 5 working days. Visas and bank account opening follow afterwards.
How long does the process take for Ukrainian applicants?
Put simply, processing for Ukrainians follows the same timeline as other nationalities. Documents from Ukraine that need attestation are the main variable, and GoldenKey guides you through that step.
Is there a double taxation agreement between Ukraine and the UAE?
Absolutely. The UAE and Ukraine have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.
