Looks like the integrated format dialog doesn't offer a UDF option; however, Googling tells me that Win7 can both read and write UDF flash drives, so surely it must be able to format them out of the box? Is it just my installation that doesn't support this option?

format <driveLetter>: /fs:UDF /q. Is there a particular reason why you need this? – and31415 Mar 09 '14 at 17:52mkudffson Ubuntu 16.10. Windows XP only has read access. I have not conducted more extensive tests. – Arc676 May 17 '17 at 09:58