WhatsApp quoteEmirates NBD suits well-documented trading, services and professional companies with a clear UAE presence, and its product range includes business current account, multi-currency account, corporate cards and trade finance. GoldenKey does not promise bank approvals, because only the bank's compliance team can grant them; what we do is prepare your Emirates NBD application so thoroughly that there is little left to question. The most common businesses Latvians open through GoldenKey are in logistics, IT services, timber exports and fintech, although Emirates NBD supports almost any activity. Latvian logistics and timber exporters use Dubai as a Middle East distribution point, which gives Latvian entrepreneurs a ready market and supply chain the moment their Emirates NBD licence is granted.
Why Emirates NBD
To be clear, if Emirates NBD is not the right fit for your profile, we say so and introduce you to a bank that is, because a well-matched request is approved faster. As we tell every client, having a UAE UAE residence visa and Emirates ID for at least one signatory makes an Emirates NBD submission noticeably smoother. Importantly, many Latvian company owners run Emirates NBD companies alongside an existing business in Latvia, using the UAE entity for international invoicing and regional sales.
How Emirates NBD works with GoldenKey
Step 1Profile review
GoldenKey studies your licence, activity, ownership and expected turnover to judge whether Emirates NBD is the right match before any form is filled.
Step 2Document pack
We compile the licence, memorandum, passport and visa copies, address proof, business profile and sample contracts in the layout Emirates NBD expects. Nothing is submitted for an Emirates NBD business account for Latvian owners until you have reviewed and approved it.
Step 3Introduction and meeting
GoldenKey introduces you to a business banking officer at Emirates NBD and joins the submission meeting, in person or online.
Step 4Compliance and activation
Emirates NBD's compliance team reviews the file, raises any follow-up questions (which we help answer) and activates the account on approval. Nothing is submitted for an Emirates NBD business account for Latvian owners until you have reviewed and approved it.
Documents required
For an Emirates NBD business account for Latvian owners the authority asks for the following papers, and we tell you exactly how each must be formatted.
- Personal or corporate bank statements for the last three to six months
- A business profile describing products, customers, suppliers and countries of operation
- Passport, visa and Emirates ID copies of all shareholders and signatories
- Sample invoices, contracts or purchase orders where available
- A CV for each shareholder and the company's website or social links
- A passport issued by Latvia with at least six months' validity
Pricing
As a rule, the figures below for an Emirates NBD business account for Latvian owners are updated by GoldenKey whenever the issuing authority changes its fees, so the price you see is the current one. As a rule, all prices for an Emirates NBD business account for Latvian owners are indicative, shown in AED and confirmed in writing before you pay.
| GoldenKey service fee | AED 1,500 |
|---|
Introduction, document preparation and coordination with bank relationship manager
Request this servicePrices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.
Why the UAE
For most clients, the UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many founders choose it as a base for an Emirates NBD business account for Latvian owners. For most clients, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so an Emirates NBD business account for Latvian owners no longer requires a local partner.
Why GoldenKey
Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for an Emirates NBD business account for Latvian owners happen the same day they are ready. If a document is missing or an approval is delayed on your Emirates NBD file, we tell you immediately and explain the fix, rather than letting the file sit. On the ground, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for an Emirates NBD business account for Latvian owners.
Message GoldenKey now and we will prepare a personalised quotation for an Emirates NBD business account for Latvian owners, valid for 30 days and confirmed in writing.
Frequently asked questions
Can I open a Emirates NBD account without a UAE residence visa?
In practice, some banks consider non-resident company accounts, but most prefer a resident signatory. GoldenKey generally processes your investor visa before the bank application for that reason.
Does GoldenKey guarantee a Emirates NBD account?
No case manager can. Emirates NBD's compliance team makes the decision. What GoldenKey does is prepare a complete, consistent submission and introduce you to the right banking officer, which is where most of the difference is made.
Is a minimum balance required at Emirates NBD?
As a rule, most UAE banks apply a minimum average balance or a monthly fee below it. GoldenKey confirms the current Emirates NBD terms for your package before you apply.
Can a Latvian citizen own 100% of a company in Emirates NBD?
It can. Latvians can own the full share capital of a Emirates NBD company with no local partner, exactly like any other nationality.
How long does the process take for Latvian applicants?
For most clients, processing for Latvians follows the same timeline as other nationalities. Documents from Latvia that need attestation are the main variable, and GoldenKey guides you through that step.
