WhatsApp quoteJAFZA combines world's largest port-adjacent free zone with the flexibility to add activities and visas later, which is why it suits both first-time founders and established groups. Setting up a company in JAFZA 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 JAFZA supports almost any activity. To be clear, typical examples of this activity include medical device distribution, pharmacy supply, consumables trading and medical equipment, which can usually sit together on one JAFZA licence.
Why JAFZA
JAFZA is located in Jebel Ali Port area, Dubai — adjacent to Jebel Ali Port (world's 9th busiest), and the authority's processing time for a standard file is around 10 working days. Popular activities in JAFZA include import/export, logistics, manufacturing, commodities and retail, and most of them can be combined on a single licence.
How JAFZA works with GoldenKey
Step 1Consultation and activity selection
GoldenKey starts by confirming your activity is available in JAFZA, then agrees the licence category, visa quota and office option with you in writing.
Step 2Name reservation and initial approval
GoldenKey reserves your trade name with the JAFZA authority and obtains initial approval, generally within one to two working days. Your portal shows the status of this step for opening a pharmaceutical trading company in the UAE as a Latvian founder in real time.
Step 3Document submission and payment
You sign the request and memorandum, we file the attested paperwork with JAFZA and the registrar's licence fee is paid.
Step 4Licence issued and next steps
Once the JAFZA licence and company documents are released, we move immediately to the immigration file, residence visas and the bank meeting. This is also the point at which we answer any question specific to opening a pharmaceutical trading company in the UAE as a Latvian founder.
Documents required
Gather these documents and GoldenKey will take care of the rest of opening a pharmaceutical trading company in the UAE as a Latvian founder.
- A passport issued by Latvia with at least six months' validity
- The UAE entry stamp or visa page if you are already in the country
- Pharmacist licence
- A short business plan or activity description for certain professional activities
- A bank statement from your Latvia bank for the last three months, which banks use to understand your profile
- A no-objection certificate from your employer if you hold a UAE employment visa
Pricing
In short, all prices for opening a pharmaceutical trading company in the UAE as a Latvian founder are indicative, shown in AED and confirmed in writing before you pay. Pricing for opening a pharmaceutical trading company in the UAE as a Latvian founder depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
Pricing available on request — message us for a written quotation.
Why the UAE
The UAE sits within an eight-hour flight of two-thirds of the world's population, and for that reason so many founders choose it as a base for opening a pharmaceutical trading company in the UAE as a Latvian founder. From day one, residence visas for owners and families come with the company, which makes opening a pharmaceutical trading company in the UAE as a Latvian founder a route to relocation as well as a business decision.
Why GoldenKey
GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with opening a pharmaceutical trading company in the UAE as a Latvian founder, so the paperwork, approvals and timing hold no surprises for us. GoldenKey's consultants have handled opening a pharmaceutical trading company in the UAE as a Latvian founder for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly. Our quotations for opening a pharmaceutical trading company in the UAE as a Latvian founder list every government fee and our service fee on one page, in writing, ahead of payment anything.
From day one, prefer to visit? Our Ajman office welcomes walk-ins during working hours, and we can also meet you in Dubai or Sharjah by appointment to discuss opening a pharmaceutical trading company in the UAE as a Latvian founder.
Frequently asked questions
Can I add more activities to my JAFZA licence later?
Absolutely. JAFZA allows activity additions and changes through a licence amendment, which GoldenKey can process in a few business days for a small authority fee.
Do I need to visit the UAE to set up in JAFZA?
Most JAFZA 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 processed.
Can a JAFZA company do business on the UAE mainland?
A JAFZA company can sell to mainland customers through a mainland distributor, invoice services to mainland clients generally, 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.
Do Latvians need a UAE visa before applying for JAFZA?
No. You can apply for the licence from Latvia with scanned documents, and the investor UAE residence visa is handled afterwards.
Is pharmaceutical & medical supplies allowed in JAFZA?
Absolutely. Latvians can own 100% of a pharmaceutical trading company in the UAE. {brand} recommends JAFZA for this activity and confirms any sector approvals before you commit.
