License With – 0 Visa
Licence only · upgrade to visas anytime
AED 12,900
- Trade licence & registration
- Upgrade to visas anytime
- Company name reservation
- Flexi-desk / office options
- GoldenKey PRO support
FREE ZONE · DUBAI
IFZA Free Zone Company Formation for Latvians
Guide for Latvian founders · around 6.5 hours from Riga
5–7 daysSetup time100%OwnershipUp to 4 visasVisas
- 5–7 daysSetup time
- Free ZoneLicence type
- Flexi | PhysicalOffice / facility
- Up to 4 visasVisa eligibility
- StandardApprovals needed
- From AED 12,900Renewal cost
About IFZA
Why IFZA Free Zone
Put simply, founders choose IFZA Free Zone when they want a credible UAE address, fast licensing and packages that scale from a solo flexi-desk to a multi-visa office. IFZA Free Zone combines Dubai address with the flexibility to add activities and visas later, which is why it suits both first-time founders and established groups. Latvians are a small community in logistics, IT and timber trading, so the IFZA Free Zone authority, the banks and the immigration officers see Latvian applications every day and process them without hesitation. GoldenKey has Latvian clients from Riga and Daugavpils, and our consultants understand the paperwork issued in Latvia and how to attest them for the UAE.
IFZA Free Zone is located in Dubai Silicon Oasis district, Dubai — adjacent to Meydan and Academic City, and the registrar's processing time for a standard file is around 5 business days. From day one, the authority permits Free Zone Establishment (FZE), Free Zone Company (FZCO) and Branch, which covers solo company owners, partnerships and overseas groups opening a UAE branch. Latvian applicants benefit from the fact that IFZA Free Zone already has many Latvian shareholders on its register, so its officers recognise Latvia paperwork and name formats instantly.
Packages & cost
Pricing — choose the right package for your business
The figures below for IFZA Free Zone company formation for Latvians are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one. All prices for IFZA Free Zone company formation for Latvians are indicative, shown in AED and confirmed in writing before you pay.
License With – 1 Visa
1 residence visa · 1-year licence
AED 14,900
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
License With – 2 Visa
2 residence visas · 1-year licence
AED 16,900
- Trade licence & registration
- Establishment card included
- 2 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License With – 3 Visa
3 residence visas · 1-year licence
AED 18,900
- Trade licence & registration
- Establishment card included
- 3 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License With – 4 Visa
4 residence visas · 1-year licence
AED 20,900
- Trade licence & registration
- Establishment card included
- 4 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-28.
Business activities
Explore business activities in IFZA
IFZA licenses trading, service, professional and industrial activities. Search every activity we license across the UAE and see where it is available and what it costs.
Required documents
Documents required
Here is what you will need for IFZA Free Zone company formation for Latvians; GoldenKey checks every item before submission.
Scanned colour copies are enough to start. We check every item before anything is submitted.
For individuals
- A bank statement from your Latvia bank for the last three months, which banks use to understand your profile
- The UAE entry stamp or visa page if you are already in the countryif applicable
- Proof of address such as a utility bill or bank statement, requested by some zonesif applicable
- A short business plan or activity description for certain professional activitiesif applicable
- Your current residence visa and Emirates ID copy if you are a UAE residentif applicable
- A no-objection certificate from your employer if you hold a UAE employment visaif 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 IFZA Free Zone works with GoldenKey
- 1
Consultation and activity selection
In the first call we check that IFZA Free Zone lists your activity, settle the licence type and match the visa package and office to what you actually need. Nothing is submitted for IFZA Free Zone company formation for Latvians until you have reviewed and approved it.
- 2
Name reservation and initial approval
In short, your trade name is reserved with the IFZA Free Zone authority and initial approval is obtained; this stage rarely takes more than two working days.
- 3
Document submission and payment
Crucially, you sign the request forms and memorandum, we submit the attested paperwork and the licence fee is paid to the authority. For IFZA Free Zone company formation for Latvians, GoldenKey completes this stage with you on WhatsApp or by email.
- 4
Licence issued and next steps
Your IFZA Free Zone 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 IFZA. Anything else — ask GK AI or message us.
View all FAQsCan I open a UAE bank account with a IFZA Free Zone company?
Yes, IFZA Free Zone 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 IFZA Free Zone company do business on the UAE mainland?
A IFZA Free Zone company can sell to mainland customers through a mainland distributor, invoice services to mainland customers nine times out of ten, 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.
How many visas can I get with a IFZA Free Zone licence?
Importantly, visa quota is tied to the package and office you choose. IFZA Free Zone packages in most cases 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.
Is there a double taxation agreement between Latvia and the UAE?
Absolutely. 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.
Do Latvians need a UAE visa before applying for IFZA Free Zone?
No. You can apply for the licence from Latvia with scanned documents, and the investor residency visa is processed afterwards.
Get a free quote
Ready to start your business in IFZA?
In short, start your IFZA Free Zone journey with a free consultation: share a few details about your business and we will map out the fastest route to your licence.
Good to know
More about IFZA
Why the UAE
There are no restrictions on repatriating profits or capital, so earnings from IFZA Free Zone company formation for Latvians can be moved to your home country or reinvested freely. English is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies IFZA Free Zone company formation for Latvians for international founders.
Why GoldenKey
GoldenKey is based in Ajman Free Zone and has helped entrepreneurs from more than 60 countries with IFZA Free Zone company formation for Latvians, so the paperwork, approvals and timing hold no surprises for us. If a document is missing or an approval is delayed on your IFZA Free Zone file, we tell you immediately and explain the fix, rather than letting the submission sit. To be clear, we speak the languages our clients speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for IFZA Free Zone company formation for Latvians.
