License Cost
Licence only · upgrade to visas anytime
AED 6,875
- Trade licence & registration
- Upgrade to visas anytime
- Company name reservation
- Flexi-desk / office options
- GoldenKey PRO support
FREE ZONE · SHARJAH
Shams Free Zone Company Formation for Latvians
Guide for Latvian founders · around 6.5 hours from Riga
5–7 daysSetup time100%OwnershipUp to 10 visasVisas
- 5–7 daysSetup time
- Free ZoneLicence type
- Flexi | PhysicalOffice / facility
- Up to 10 visasVisa eligibility
- StandardApprovals needed
- From AED 5,280Renewal cost
About Shams Free Zone
Why Shams Free Zone
For most clients, shams Free Zone issues commercial, professional and industrial licences from its base in Sharjah, and GoldenKey processes new registrations there every week. Shams Free Zone combines media & creative focus with the flexibility to add activities and visas later, so it suits both first-time founders and established groups. In short, payments between Latvia and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle fast and UAE banks are familiar with Latvian business profiles. 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 Shams Free Zone licence is issued.
As we tell every client, shams Free Zone is located in Sharjah emirate — close to Sharjah International Airport, and the authority's processing time for a standard file is around 3 working days. From day one, shams Free Zone licences are renewed annually with a simple online payment and updated passport copies, and GoldenKey sends a reminder 60 days before the due date. Latvian applicants benefit from the fact that Shams Free Zone already has many Latvian shareholders on its register, so its officers recognise Latvia supporting documents and name formats instantly.
Packages & cost
Pricing — choose the right package for your business
Use the table below to compare packages for Shams Free Zone company formation for Latvians; we will confirm the exact total for your case in a written quotation. Put simply, the figures below for Shams Free Zone company formation for Latvians are updated by GoldenKey whenever the registrar changes its fees, so the price you see is the current one.
License Plus Visa Quota
1 residence visa · 1-year licence
AED 8,475
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
2 residence visas · 1-year licence
AED 10,075
- Trade licence & registration
- Establishment card included
- 2 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
3 residence visas · 1-year licence
AED 11,675
- Trade licence & registration
- Establishment card included
- 3 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
4 residence visas · 1-year licence
AED 13,275
- Trade licence & registration
- Establishment card included
- 4 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
5 residence visas · 1-year licence
AED 14,875
- Trade licence & registration
- Establishment card included
- 5 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
6 residence visas · 1-year licence
AED 16,575
- Trade licence & registration
- Establishment card included
- 6 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
7 residence visas · 1-year licence
AED 18,075
- Trade licence & registration
- Establishment card included
- 7 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
8 residence visas · 1-year licence
AED 19,675
- Trade licence & registration
- Establishment card included
- 8 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
9 residence visas · 1-year licence
AED 21,275
- Trade licence & registration
- Establishment card included
- 9 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
License Plus Visa Quota
10 residence visas · 1-year licence
AED 22,875
- Trade licence & registration
- Establishment card included
- 10 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
Additional visaAED 2,420
Annual renewalAED 5,280
Bank account assistanceAED 1,650
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-29.
Business activities
Explore 834 business activities in Shams Free Zone
Shams Free Zone lets you combine related activities on one licence. Search by what your business does — in English or Arabic — and quote the GK code when you ask for a quotation.
GK-SHAMS-001PrintingMediaApproval requiredGK-SHAMS-002Printing of newspapers, magazines and other periodicals, books and brochures, music and music manuscripts, maps, atlases, posters, advertising catalogues, prospectuses and other printed advertising, postage stamps, taxation stamps, documents of title, cheMediaApproval requiredGK-SHAMS-003Printing directly onto textiles, plastic, glass, metal, wood and ceramics (except silkscreen printing on textiles and wearing apparel)
the material printed is typically copyrighted.MediaGK-SHAMS-004Printing on labels or tags (lithographic, gravure printing, flexographic printing, other)MediaApproval requiredGK-SHAMS-005Multi dimensional printing servicesMediaApproval requiredGK-SHAMS-006Printing,Advertising Agencies And Event OrganizingMediaApproval requiredPopular choices · 834 activities availableAll 834 Shams Free Zone activities
Required documents
Documents required
The document list for Shams Free Zone company formation for Latvians is short, and most customers already have everything on it.
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
- A passport-size photograph on a white background
- 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
- 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 Shams Free Zone works with GoldenKey
- 1
Consultation and activity selection
GoldenKey starts by confirming your activity is available in Shams Free Zone, then agrees the licence category, visa quota and office option with you in writing. This is also the point at which we answer any question specific to Shams Free Zone company formation for Latvians.
- 2
Name reservation and initial approval
We submit your preferred trade names to Shams Free Zone and secure initial approval, normally within a day or two of submission.
- 3
Document submission and payment
You sign the application forms and memorandum, we submit the attested papers and the licence fee is paid to the authority. We keep a written record of this step so your file for Shams Free Zone company formation for Latvians is audit-ready.
- 4
Licence issued and next steps
Shams Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction.
Frequently asked questions
Frequently asked questions
Straight answers about Shams Free Zone. Anything else — ask GK AI or message us.
View all FAQsHow many visas can I get with a Shams Free Zone licence?
Visa quota is tied to the package and office you choose. Shams Free Zone packages usually 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 Shams Free Zone?
Most Shams Free Zone licences can be issued 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.
How long does the Shams Free Zone licence take?
In practice, once your papers are complete, the authority typically issues the licence within 3 working days. Visas and bank account opening follow afterwards.
Can a Latvian citizen own 100% of a company in Shams Free Zone?
Yes. Latvians can own the full share capital of a Shams Free Zone company with no local partner, exactly like any other nationality.
How long does the process take for Latvian applicants?
Day to day, 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.
Get a free quote
Ready to start your business in Shams Free Zone?
Ready to start? Send us a WhatsApp message with your nationality, the activity you have in mind and the number of visas you need, and we will reply shortly with a written quotation for Shams Free Zone company formation for Latvians.
Good to know
More about Shams Free Zone
Why the UAE
There are no restrictions on repatriating profits or capital, so earnings from Shams Free Zone company formation for Latvians can be moved to your home country or reinvested freely. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so Shams Free Zone company formation for Latvians no longer requires a local partner.
Why GoldenKey
Importantly, we will tell you plainly if Shams Free Zone is not the right choice for your plan and point you to a better option, even when that option costs less. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with Shams Free Zone company formation for Latvians, so the paperwork, approvals and timing hold no surprises for us. GoldenKey's consultants have handled Shams Free Zone company formation for Latvians for traders, consultants, tech entrepreneurs and family offices, which gives us a realistic view of what each authority approves quickly.
