WhatsApp quoteDay to day, choosing Ajman mainland gives you a licence that landlords, government departments and large corporate clients recognise without a second thought. GoldenKey helps company owners compare Ajman mainland with the nearby free zones honestly, because the right answer depends on where your customers are. Latvians are a small community in logistics, IT and timber trading, so the Ajman authority, the banks and the immigration officers see Latvian applications every day and process them without hesitation. In our experience, payments between Latvia and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle quickly and UAE banks are familiar with Latvian business profiles.
Why Ajman
In our experience, among the strengths of an Ajman mainland licence are among the most affordable mainland licences in the UAE and Fast 2 to 3 day approvals, which is why local service businesses gravitate here. Ajman DED's Smart Business licence can be issued without a physical office for certain activities. Many Latvian company owners run Ajman companies alongside an existing business in Latvia, using the UAE entity for international invoicing and regional sales.
How Ajman works with GoldenKey
Step 1Activity and legal form
We pick the precise activity codes from the Ajman Department of Economic Development (Ajman DED) list and settle on the legal form — normally a LLC, or a sole establishment for individual professionals.
Step 2Trade name and initial approval
GoldenKey files the name reservation and initial-approval request with the Ajman Department of Economic Development (Ajman DED) and obtains sector approvals where needed. Your portal shows the status of this step for Ajman mainland company formation for Latvians in real time.
Step 3Office, MOA and submission
After the MOA is signed and the office tenancy registered, GoldenKey lodges the full file with the Ajman Department of Economic Development (Ajman DED).
Step 4Licence, Chamber and immigration
Your Ajman mainland licence is issued, Chamber membership is activated and we open the establishment and labour files so visas can begin. Expect clear updates from your GoldenKey consultant while this step runs for Ajman mainland company formation for Latvians.
Documents required
Here is what you will need for Ajman mainland company formation for Latvians; GoldenKey checks every item before submission.
- A bank statement from your Latvia bank for the last three months, which banks use to understand your profile
- A police clearance certificate from Latvia if the activity or the Golden Visa category requires it
- External approvals where the activity requires them, for example from the health authority, RERA or the municipality
- The notarised memorandum of association, which GoldenKey drafts for you
- A tenancy contract for an office or shop registered with the emirate's system (Ejari in Dubai)
- Attested parent-company documents for corporate shareholders
Pricing
The figures below for Ajman mainland 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 Ajman mainland company formation for Latvians are indicative, shown in AED and confirmed in writing before a single dirham changes hands.
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
- Trade licence & registration
- Establishment card included
- GoldenKey full assistance
| Additional visa | AED 2,500 |
|---|---|
| Annual renewal | AED 7,000 |
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-06.
Why the UAE
There are no restrictions on repatriating profits or capital, so earnings from Ajman mainland 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 Ajman mainland company formation for Latvians no longer requires a local partner.
Why GoldenKey
Just as important, our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for Ajman mainland company formation for Latvians happen the same day they are ready. As a rule, 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 mainland company formation for Latvians. In practice, most of our Ajman clients come to us through referrals from other founders, so we take pride in keeping every promise we put in writing.
As we tell every client, message GoldenKey now and we will prepare a personalised quotation for Ajman mainland company formation for Latvians, valid for 30 days and confirmed in writing.
Frequently asked questions
How long does Ajman mainland company formation take?
In practice, with documents and a tenancy contract ready, the Ajman Department of Economic Development (Ajman DED) as a rule issues the licence within 3 business days. External approvals for regulated activities add time.
How much office space do I need for a Ajman mainland licence?
The Ajman Department of Economic Development (Ajman DED) requires a registered tenancy for most licences. A small office or a desk in a business centre is enough for a few visas, and the visa quota increases with the floor area.
What is the difference between Ajman mainland and a free zone?
On the ground, mainland companies can trade directly with any UAE customer and take government contracts; free zone companies have lower costs and customs benefits but trade with the mainland through distributors. GoldenKey compares both for your specific activity.
Do Latvians need a UAE visa before applying for Ajman?
No. You can apply for the licence from Latvia with scanned supporting documents, and the investor residence visa is processed afterwards.
Can a Latvian citizen own 100% of a company in Ajman?
Yes. Latvians can own the full share capital of a Ajman company with no local partner, exactly like any other nationality.
