Ajman Free Zone

Free zones are prevalent among businesses that value their privacy. This is due to 100 percent foreign ownership and the lack of an accessible directory of corporate information. Sensitive company data, such as shareholder information, is never made public. Investors and entrepreneurs in each field have easy access to the lively places and services surrounding the UAE. Multiple corporate activities can be carried out inside each free zone authority.

The Ajman Free Zone (AFZ), one of the UAE's oldest Free Zones, has attracted a large number of businesses to take advantage of the investment opportunities. The Ajman Free Zone boosted the UAE's early industrial, commercial, and financial sectors as a consequence.

Furthermore, the Ajman Free Zone companies allow you to profit from Ajman Port, which services over 1000 vessels each year and has evolved into a significant marine centre.

Characteristics of Ajman Free Zone Free Zone

Establishing an Ajman Free Zone company is easy if you are well-versed in the below characteristics.

Characteristic Type Characteristic Trait
Company Type Free Zone Company (FZCO) and Free Zone Establishment (FZE)
Governing Body Ajman Free Zone Authority
Minimum Number of Shareholders 1
Minimum Number of Managers 1
Accounting and Book Keeping Requirements No
Renewal Date Annual Date of Incorporation
Corporate Taxation 0%
Visa Type Employment Visa Only
Ownership 100 Percent Foreign Ownership
Type of Activities Free-Lance/Industrial/Services/Commercial
VAT Percentage 0%
Duty for Import and Export 0%
Duration For Company Formation 12-13 Days
Paid Up Capital No Paid Up Capital
Local Partner Required No

Documents Required

  • Color Passport Copy
  • Visa status copy / Entry stamp copy
  • Passport Size Photo
  • Other documents depending on the business activity

Banking Partners

Advantages of The Free Zone

100% Business Ownership

Digital Set up

Infrastructure of the Highest Quality

Strategic Location

Services with Additional Value

Statistics

Compared to the business setup in Dubai, the Ajman Free Zone company formation appeals to those who wish to start a new company from the ground up because of its reasonable prices for young entrepreneurs and a variety of monthly payment options. So, let's have a closer look at the details of this free zone's information:

Let's take a closer look at the details of this free zone's information:

Founded in the Year 1988
Population 42,186
Governing Authority Ajman Free Zone Authority
No. of Companies 9000
Total No. of International Collaboration 160
No. of Licenses 5
No. of Industrial Firms 256
SME’s Purchased Growth 11%
Licensed Company’s Purchased Growth 21%
Growth in New Registered Companies 35%

Company Formation in Free zones Ideal for

Food and Beverage

Automotive

Health and Beauty

Construction

Education

Registration Process

Complete the Application Form

Complete the Application Form

Submit Your Documents to the Authority

Submit Your Documents to the Authority

Obtain Your License

Obtain Your License

Obtain Your Residency Visa

Obtain Your Residency Visa

Open Your Bank Account

Open Your Bank Account

Terms and Conditions

*Duration is subject to the constraints of the due diligence procedure.

**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.

***The required documents must be provided for every individual related to the company.

Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.

Why Choose BSW

Business Setup Worldwide is a one-stop solution and service provider for global and local investors and business people. Our experts will handle your company setup needs, including bank accounts, licensing, registration, documentation, and other legal procedures. Contact us to explore more about our company setup services and get started on your dream venture right now!

FAQs

What does the Ajman free zone trade license cost?

AED 7,500.

What are the available licenses in Ajman free zone?

  • E-commerce license
  • Trading License
  • Industrial license
  • Professional service license
  • National industrial license

What are the legal entities in Ajman free zone?

  • AFZA Free Zone Company
  • AFZA Free Zone Entity
  • Branch of a Local Company
  • Branch of a Foreign Company

Is a visa requires company formation in Ajman free zone?

Not necessary.

What are the facilities available in Ajman free zone?

  • Flexi desk
  • Offices
  • Warehouses