Since the 2021 ownership reforms, most Sharjah mainland activities allow 100% foreign ownership, which removed the biggest objection founders used to have. A Sharjah mainland licence, granted by the Sharjah Economic Development Department (SEDD), lets your company trade anywhere in the UAE, bid for government work and open as many branches as you need. Put simply, 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. GoldenKey has Latvian clients from Riga and Daugavpils, and our consultants understand the documents granted in Latvia and how to attest them for the UAE.
Why Sharjah
In practice, sEDD offers an Eitimad licence for start-ups with simplified requirements. Popular districts for a Sharjah mainland office include Al Nahda, Industrial Area, Al Majaz, Al Khan and Muwaileh, each with different rent levels and customer footfall. GoldenKey has prepared Sharjah files for Latvian clients in logistics, IT services, timber exports and fintech, which means we know which Latvia supporting documents need attestation and which can be submitted as plain copies.
How Sharjah works with GoldenKey
Step 1Activity and legal form
We pick the precise activity codes from the Sharjah Economic Development Department (SEDD) 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 Sharjah Economic Development Department (SEDD) and obtains sector approvals where needed. For Sharjah mainland company formation for Latvians this step rarely needs your presence; scans and e-signatures are enough.
Step 3Office, MOA and submission
The memorandum of association is signed (online or before the notary), your tenancy is registered and the complete file is submitted to the Sharjah Economic Development Department (SEDD).
Step 4Licence, Chamber and immigration
Your Sharjah 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 Sharjah mainland company formation for Latvians.
Documents required
For Sharjah mainland company formation for Latvians the authority asks for the following documents, and we tell you exactly how each must be formatted.
- Educational certificates attested by the Latvia authorities and the UAE embassy, for professional activities
- The notarised memorandum of association, which GoldenKey drafts for you
- A police clearance certificate from Latvia if the activity or the Golden Visa category requires it
- A bank statement from your Latvia bank for the last three months, which banks use to understand your profile
- Attested parent-company documents for corporate shareholders
- A tenancy contract for an office or shop registered with the emirate's system (Ejari in Dubai)
Pricing
The figures below for Sharjah mainland company formation for Latvians are updated by GoldenKey whenever the licensing authority changes its fees, so the price you see is the current one. Use the table below to compare packages for Sharjah mainland company formation for Latvians; we will confirm the exact total for your case in a written quotation.
- 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 2,800 |
|---|---|
| Annual renewal | AED 8,500 |
Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-05.
Why the UAE
As a rule, banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of Sharjah mainland company formation for Latvians predictable. In short, the dirham has been pegged to the US dollar since 1997, which removes currency risk for Sharjah mainland company formation for Latvians and makes international pricing simple.
Why GoldenKey
We speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for Sharjah mainland company formation for Latvians. As we tell every client, because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which documents each of them will ask for on a Sharjah file. Just as important, we will tell you plainly if Sharjah is not the right choice for your plan and point you to a better option, even when that option costs less.
For most clients, tell us about your plans for Sharjah mainland company formation for Latvians and GoldenKey will come back to you shortly with a clear price, a document checklist and a realistic timeline.
Frequently asked questions
How much office space do I need for a Sharjah mainland licence?
The Sharjah Economic Development Department (SEDD) 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 Sharjah mainland and a free zone?
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.
How long does Sharjah mainland company formation take?
With documents and a tenancy contract ready, the Sharjah Economic Development Department (SEDD) typically issues the licence within 4 working days. External approvals for regulated activities add time.
How long does the process take for Latvian applicants?
Put simply, 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.
Can a Latvian citizen own 100% of a company in Sharjah?
Yes — Latvians can own the full share capital of a Sharjah company with no local partner, exactly like any other nationality.


