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FREE ZONE · AJMAN

Ajman New Venture Centre Company Formation for Latvians

Guide for Latvian founders · around 6.5 hours from Riga

1 daysSetup time100%OwnershipUp to 10 visasVisas
  • 1 daysSetup time
  • Free ZoneLicence type
  • Flexi / physical bothOffice / facility
  • Up to 10 visasVisa eligibility
  • StandardApprovals needed
  • Same every year packge costRenewal cost
About ANC Free Zone

Why Ajman New Venture Centre

As we tell every client, if you are weighing up where to register in the UAE, Ajman New Venture Centre deserves a close look for its very low-cost licence packages and straightforward renewal process. Setting up a company in Ajman New Venture Centre gives you 100% ownership, a UAE trade licence and the option to sponsor residence visas for yourself and your family. The most common businesses Latvians open through GoldenKey are in logistics, IT services, timber exports and fintech, although Ajman New Venture Centre 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 Ajman New Venture Centre licence is granted.

One of the reasons we recommend Ajman New Venture Centre is its very low-cost licence packages, which matters more than most founders realise once the business is running. Unlike some zones, Ajman New Venture Centre does not require a large paid-up capital to be blocked in a bank account before the licence is released. Many Latvian founders run Ajman New Venture Centre companies alongside an existing business in Latvia, using the UAE entity for international invoicing and regional sales.

Packages & cost

Pricing — choose the right package for your business

The figures below for Ajman New Venture Centre company formation for Latvians are updated by GoldenKey whenever the issuing authority changes its fees, so the price you see is the current one. All prices for Ajman New Venture Centre company formation for Latvians are indicative, shown in AED and confirmed in writing before any payment.

Trade License Plus - 0 Visa

Licence only · upgrade to visas anytime

AED 4,888
  • Trade licence & registration
  • Upgrade to visas anytime
  • Company name reservation
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 2 Visa

2 residence visas · 1-year licence

AED 16,200
  • Trade licence & registration
  • Establishment card included
  • 2 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 3 Visa

3 residence visas · 1-year licence

AED 20,700
  • Trade licence & registration
  • Establishment card included
  • 3 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 4 Visa

4 residence visas · 1-year licence

AED 25,200
  • Trade licence & registration
  • Establishment card included
  • 4 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 5 Visa

5 residence visas · 1-year licence

AED 29,700
  • Trade licence & registration
  • Establishment card included
  • 5 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 6 Visa

6 residence visas · 1-year licence

AED 34,200
  • Trade licence & registration
  • Establishment card included
  • 6 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 7 Visa

7 residence visas · 1-year licence

AED 38,700
  • Trade licence & registration
  • Establishment card included
  • 7 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 8 Visa

8 residence visas · 1-year licence

AED 43,200
  • Trade licence & registration
  • Establishment card included
  • 8 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 9 Visa

9 residence visas · 1-year licence

AED 47,700
  • Trade licence & registration
  • Establishment card included
  • 9 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Trade License Plus - 10 Visa

10 residence visas · 1-year licence

AED 52,200
  • Trade licence & registration
  • Establishment card included
  • 10 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-29.

Required documents

Documents required

For Ajman New Venture Centre company formation for Latvians the registrar asks for the following papers, and we tell you exactly how each must be formatted.

Scanned colour copies are enough to start. We check every item before anything is submitted.

For individuals

  • The UAE entry stamp or visa page if you are already in the countryif applicable
  • A police clearance certificate from Latvia if the activity or the Golden Visa category requires itif applicable
  • Your current residence visa and Emirates ID copy if you are a UAE residentif applicable
  • A short business plan or activity description for certain professional activitiesif applicable
  • A no-objection certificate from your employer if you hold a UAE employment visaif applicable
  • Proof of address such as a utility bill or bank statement, requested by some zonesif applicable

For companies

  • Certificate of incorporation (attested)
  • Memorandum & articles of association
  • Board resolution approving the UAE company
  • Passport copies of shareholders & directors
  • Company profile / business plan
Our process

How Ajman New Venture Centre works with GoldenKey

  1. 1

    Consultation and activity selection

    GoldenKey starts by confirming your activity is available in Ajman New Venture Centre, then agrees the licence category, visa quota and office option with you in writing. If the authority raises a query on Ajman New Venture Centre company formation for Latvians at this stage, we handle it the same day.

  2. 2

    Name reservation and initial approval

    On the ground, we submit your preferred trade names to Ajman New Venture Centre and secure initial approval, normally within a day or two of submission.

  3. 3

    Document submission and payment

    For most clients, you sign the application forms and memorandum, we submit the attested documents and the licence fee is paid to the licensing authority. This is also the point at which we answer any question specific to Ajman New Venture Centre company formation for Latvians.

  4. 4

    Licence issued and next steps

    Your Ajman New Venture Centre licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction.

Frequently asked questions

Frequently asked questions

Straight answers about ANC Free Zone. Anything else — ask GK AI or message us.

View all FAQs
How long does the Ajman New Venture Centre licence take?

For most clients, once your documents are complete, the authority typically issues the licence within 2 business days. Visas and bank account opening follow afterwards.

How many visas can I get with a Ajman New Venture Centre licence?

From day one, visa quota is tied to the package and office you choose. Ajman New Venture Centre 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.

Do I need to visit the UAE to set up in Ajman New Venture Centre?

Most Ajman New Venture Centre licences can be released 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.

Do Latvians need a UAE visa before applying for Ajman New Venture Centre?

No, it does not. You can apply for the licence from Latvia with scanned documents, and the investor residency visa is processed afterwards.

Is there a double taxation agreement between Latvia and the UAE?

It can. The UAE and Latvia 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.

Get a free quote

Ready to start your business in ANC Free Zone?

Call or WhatsApp GoldenKey today and an adviser will walk you through Ajman New Venture Centre company formation for Latvians step by step, with no obligation and no pressure.

By submitting this form, you agree to be contacted by our team regarding your enquiry. Prefer chat? WhatsApp us.

Good to know

More about ANC Free Zone

Why the UAE

Day to day, the UAE charges no personal income tax, and corporate tax applies at 9% only on profits above AED 375,000, with a 0% rate available for qualifying free zone income. The UAE sits within an eight-hour flight of two-thirds of the world's population, which is why so many company owners choose it as a base for Ajman New Venture Centre company formation for Latvians.

Why GoldenKey

If a document is missing or an approval is delayed on your Ajman New Venture Centre file, we tell you immediately and explain the fix, rather than letting the file sit. Our quotations for Ajman New Venture Centre company formation for Latvians list every government fee and our service fee on one page, in writing, before you pay anything. We speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for Ajman New Venture Centre company formation for Latvians.

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