General Trading in the UAE for Latvians

Why Ajman Free Zone

Unlike some zones, Ajman Free Zone does not require a large paid-up capital to be blocked in a bank account before the licence is issued. Crucially, one of the reasons we recommend Ajman Free Zone is its among the most affordable in the UAE, which matters more than most founders realise once the business is running.

How Ajman Free Zone works with GoldenKey

1. 
   Step 1

   Consultation and activity selection

   Put simply, we confirm that your activity is available in Ajman Free Zone, choose the licence type and agree the visa package and office option that match your plan. This is also the point at which we answer any question specific to opening a general trading company in the UAE as a Latvian founder.

2. 
   Step 2

   Name reservation and initial approval

   For most clients, your trade name is reserved with the Ajman Free Zone authority and initial approval is obtained; this stage rarely takes more than two working days.

3. 
   Step 3

   Document submission and payment

   With the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the licensing authority on your behalf. If the authority raises a query on opening a general trading company in the UAE as a Latvian founder at this stage, we handle it the same day.

4. 
   Step 4

   Licence issued and next steps

   Ajman Free Zone issues the licence, incorporation certificate and lease; from there we open the establishment card, process visas and arrange your bank introduction.

Documents required

The document list for opening a general trading company in the UAE as a Latvian founder is short, and most clients already have everything on it.

• 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 country
• Your current 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
• A no-objection certificate from your employer if you hold a UAE employment visa

Pricing

The figures below for opening a general trading company in the UAE as a Latvian founder are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one. In practice, use the table below to compare packages for opening a general trading company in the UAE as a Latvian founder; we will confirm the exact total for your case in a written quotation.

Why the UAE

Crucially, the dirham has been pegged to the US dollar since 1997, which removes currency risk for opening a general trading company in the UAE as a Latvian founder and makes international pricing simple. Importantly, english is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies opening a general trading company in the UAE as a Latvian founder for international founders.

Why GoldenKey

As a rule, we speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for opening a general trading company in the UAE as a Latvian founder. As we tell every client, our quotations for opening a general trading company in the UAE as a Latvian founder list every government fee and our service fee on one page, in writing, before a single dirham changes hands anything. On the ground, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for opening a general trading company in the UAE as a Latvian founder happen the same day they are ready.

Frequently asked questions