1 Visa Package
1 residence visa · 1-year licence
AED 16,500
- Trade licence & registration
- Establishment card included
- 1 visa eligibility
- Flexi-desk / office options
- GoldenKey PRO support
MAINLAND · DUBAI
Dubai Mainland Company Formation for Latvians
around 6.5 hours from Riga · the UAE is 1 to 2 hours ahead of Latvia
5–7 daysSetup time100%OwnershipUp to 5 visasVisas
- 5–7 daysSetup time
- MainlandLicence type
- Flexi | PhysicalOffice / facility
- Up to 5 visasVisa eligibility
- StandardApprovals needed
- From AED 13,200Renewal cost
About Dubai
Why Dubai
As a rule, since the 2021 ownership reforms, most Dubai mainland activities allow 100% foreign ownership, which removed the biggest objection founders used to have. Dubai is the UAE's commercial capital — trade anywhere in the UAE with a Dubai DET licence, and GoldenKey registers mainland companies there with the economic department week in, week out. Just as important, payments between Latvia and the UAE are routine: the dirham is pegged to the dollar, euro (EUR) transfers settle without delay and UAE banks are familiar with Latvian business profiles. Latvians are a small community in logistics, IT and timber trading, so the Dubai authority, the banks and the immigration officers see Latvian applications every day and process them without hesitation.
In practice, government and semi-government tenders in Dubai require a mainland licence and Chamber of Commerce membership, both of which GoldenKey arranges. As we tell every client, among the strengths of a Dubai mainland licence are unrestricted UAE-wide trading and Government and corporate tenders, which is why local service businesses gravitate here. Many Latvian founders run Dubai companies alongside an existing business in Latvia, using the UAE entity for international invoicing and regional sales.
Packages & cost
Pricing — choose the right package for your business
Pricing for Dubai mainland company formation for Latvians depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. Use the table below to compare packages for Dubai mainland company formation for Latvians; we will confirm the exact total for your case in a written quotation.
2 Visa Package
2 residence visas · 1-year licence
AED 22,000
- Trade licence & registration
- Establishment card included
- 2 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
3 Visa Package
3 residence visas · 1-year licence
AED 27,500
- Trade licence & registration
- Establishment card included
- 3 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
5 Visa Package
5 residence visas · 1-year licence
AED 37,400
- Trade licence & registration
- Establishment card included
- 5 visa eligibilities
- Flexi-desk / office options
- GoldenKey PRO support
Additional visaAED 3,850
Annual renewalAED 13,200
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-27.
Business activities
Explore business activities in Dubai
Dubai 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 Dubai mainland 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
- A passport issued by Latvia with at least six months' validity
- A tenancy contract for an office or shop registered with the emirate's system (Ejari in Dubai)
- Passport photographs on a white background
- An attested degree for professional activities such as engineering or healthcare
- The existing visa copy and NOC if a shareholder is on another UAE 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 Dubai works with GoldenKey
- 1
Activity and legal form
Crucially, we select the correct activity codes from the Dubai Department of Economy and Tourism (DET) list and the legal form, usually a LLC or a sole establishment.
- 2
Trade name and initial approval
GoldenKey reserves your trade name and obtains initial approval from the Dubai Department of Economy and Tourism (DET), including any external approvals your activity needs. For Dubai mainland company formation for Latvians, GoldenKey completes this stage with you on WhatsApp or by email.
- 3
Office, MOA and submission
After the MOA is signed and the office tenancy registered, GoldenKey lodges the full application with the Dubai Department of Economy and Tourism (DET).
- 4
Licence, Chamber and immigration
Your Dubai mainland licence is issued, Chamber membership is activated and we open the establishment and labour files so visas can begin. We keep a written record of this step so your file for Dubai mainland company formation for Latvians is audit-ready.
Frequently asked questions
Frequently asked questions
Straight answers about Dubai. Anything else — ask GK AI or message us.
View all FAQsDo I still need an Emirati partner for a Dubai mainland company?
In practice, for most commercial and industrial activities, no. Since 2021 foreign nationals can own 100% of a Dubai mainland LLC. A short list of strategic activities still requires Emirati participation, and GoldenKey checks your activity before you commit.
How long does Dubai mainland company formation take?
On the ground, with papers and a tenancy contract ready, the Dubai Department of Economy and Tourism (DET) typically issues the licence within 4 working days. External approvals for regulated activities add time.
How much office space do I need for a Dubai mainland licence?
The Dubai Department of Economy and Tourism (DET) 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.
Can a Latvian citizen own 100% of a company in Dubai?
Yes. Latvians can own the full share capital of a Dubai company with no local partner, exactly like any other nationality.
Do Latvians need a UAE visa before applying for Dubai?
No. You can apply for the licence from Latvia with scanned papers, and the investor residence visa is processed afterwards.
Get a free quote
Ready to start your business in Dubai?
Call or WhatsApp GoldenKey today and a consultant will walk you through Dubai mainland company formation for Latvians step by step, with no obligation and no pressure.
Good to know
More about Dubai
Why the UAE
Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of Dubai mainland company formation for Latvians predictable. English is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies Dubai mainland company formation for Latvians for international founders.
Why GoldenKey
As we tell every client, after your Dubai licence is granted, the same team handles renewals, visa additions, amendments and tax registrations, so you never have to explain your business twice. Our quotations for Dubai mainland company formation for Latvians list every government fee and our service fee on one page, in writing, before you pay anything. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for Dubai mainland company formation for Latvians happen the same day they are ready.
