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Ajman Free Zone Authority (AFZA) Company Formation
Ajman Free Zone for all your business ideas! The most favourable space to form your business at affordable charges and to avail the best of its infrastructure, accessibility & availability of resources and various other benefits.
All about Ajman Free Zone
One of the best-known and oldest free zones in UAE – Ajman Free Zone (AFZ) was formed in 1988 to act as a platform to support businesses by offering the most affordable solutions for them. Ajman Free Zone Authority (AFZA), the governing body of AFZ is also its administrative office.
Being the smallest Emirate in the UAE, this land’s economy was built mainly via maritime fishing and trading, and has a full-fledged operational Port & Dockyard, and the largest Dhow building yard in UAE.
It has been constantly widening its infrastructure and growth base to become a major economic hub in that region.
Ajman free zone business setup is considered by many due to its relatively lower costs of starting a business which is feasible for small entrepreneurs.
Located near Sharjah and Dubai, this free zone provides its residents/companies the luxury of comfortable transportation to and from the major hubs like International airports, Dubai Expo 2020, etc. as part of their business operations.
It’s prime location i.e., 10 minutes away from Sharjah and 30 minutes journey to Dubai, increases the possibilities of your business being open to attracting more potential customers, sales and clients.
Ajman Free Zone offers budget-friendly smart offices, executive offices, best-in-class infrastructure and effective solutions for startups, small & medium-sized enterprises (SME) and large corporations.
The ideal place for starting your business
Ajman Free zone Company Setup should be your next place to implement your business idea as it assures cent percent privacy with limited financial disclosures.
Though it requires processing a bunch of documentation and showing a minimum capital, with the help of a company formation expert it is always a doable task.
And each step including payment must be meticulously done to ensure that you comply with the rules and regulations put forward by AFZ for company setup formalities.
Worry not, talk to our team to walk you through each and every step including Ajman Free Zone Company Formation Cost, types of license available, documentation, business activities, registration process, etc and choose the best all-inclusive package to fast track your business formation plan.
Types of businesses in AFZA
- Ajman Free Zone Company
- Ajman Free Zone Entity
- Branch of a local company
- Branch of a foreign company
Ajman Free Zone Licenses
Issued to those companies involved in manufacturing activities in the free zone. The company must ensure that it complies with the manufacturing & environmental standards and policies set by the government of Ajman. AFZ also provides warehouses and smart store facilities to make the business operations easier.
E-commerce license in Ajman free zone is given to those companies involved in the trading via electronic means. This license provides technical and marketing support to its owners.
National Industrial license
Issued to those companies that fulfill the below criteria:
a) It is a GCC national registered company or the GCC national holds 51% or more shares of the company.
b) At least 405 of the company’s manufacturing process is conducted in AFZ.
Permits companies to conduct trading activities in this free zone. A company holding one trading license is allowed to carry out three business activities.
Professional services license
Permits companies (local or international) to render professional services such as IT consultancy, management consultancy, marketing, etc.
Issued to those companies which opts to form an enterprise without a physical or local appearance.
Ajman Free Zone license cost
Investor-friendly approach opted by this free zone has attracted more client-companies to invest in this area. This free zone’s management has decided to allow its client/companies to pay off Ajman Free Zone license cost or fees in multiple installments i.e., annually, twice/thrice a year, or on a monthly basis.
Documents required for Ajman Free Zone Company Setup
- Three proposed names
- Manager/applicant’s passport copy
- NOC from sponsor if the applicant has a valid residence in the UAE)
- If the applicant is on visit visa, a copy of visa or entry stamp
- Passport size photographs (6-8 nos)
- Business plan if opting for e-commerce license
- For the branch of a foreign company, Certificate of Incorporation of the parent company is required
- For the branch of a local company, a copy of trade license is required
How To Set Up Business In Ajman Free Zone?
Ajman Free Zone Location
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