Ajman Freezone Business Setup

Ajman Freezone

Ajman free zone was established and operating since 1996. Located near the Ajman port is one of the popular free zones of UAE. Ajman free zone allows investors to set up companies and provides multiple attractive investment opportunities to all investors. Ajman free zones is an attractive option in comparison to Dubai free zone, as it provides competitive fees for young entrepreneurs and multiple installment payment plans to those willing to start a business from the scratch. Also it provides crucial cost saving in comparison to all other free zones in UAE. Companies set up in Ajman free zone have similar legal status as the companies formed in other free zones in UAE.

TYPES OF LICENCES AT AJMAN FREE ZONE

COMMERCIAL LICENSE

A commercial license is issued to a company involved in any sort of commercial trade activity.
Company gets import, export and distribute entertainment products throughout UAE.

TRADING LICENSE

A commercial trading license serves as both the regulation and protection for trading companies.
It helps foreign investors to open companies with intention of business trading activities.

SERVICES LICENSE

This license allows establishment of business in the service industry.
With this license one can provide services in exchange of a fee.

INDUSTRIAL LICENSE

This license is for those companies who wish to carry out manufacturing activities.
Manufacturing includes production of tangible goods.

AFZ OFFSHORE LICENSE

This company formation license is issued to people who wish to setup an international business in free zone.
These companies have no physical local business.

E-COMMERCE LICENSE

This license is to company setup in electronics trading business through the website online.
It provides all sorts of support to investors.

FACILITIES AT AJMAN FREE ZONE

AjmanFreeZone BusinessSetup
  • SMART OFFICES – As the name suggests these offices are smart way of starting business for startups and entrepreneurs. People can keep their costs LOW and start their business IMMEDIATELY. You also get access to the numerous other benefits that the AJMAN FREE ZONE AUTHORITY provides.
  • EXECUTIVE OFFICES – Executive as the name goes these offices provide various facilities such as GREAT LOCATION, high SECURITY and EASY PARKING.one gets strategically located offices in the Ajman Business Centre in the free zone.
  • WAREHOUSES – Ajman free zone is known for its WORLD CLASS INFRASTRUCTURE. It provides its investors with HIGH QUALITY WAREHOUSES, with all the other services and facilities necessary.
  • LANDS – These are the areas for INDUSTRIAL INVESTMENT suitable for trading and prepared as per the needs and requirements of the investors.
  • 24 HOURS SUPPORT – Ajman free zone provides its investors with 24 HOUR round range of business support services.
  • DIGITAL GATEWAY – Ajman free zone is one of the most DIGITALISED free zones. It provides fully digitalized set up for businesses.

ADVANTAGES (BENEFITS) OF SETTING UP COMPANY IN AJMAN FREE ZONE

  • NO HIDDEN fees or charges
  • 100% REPARTITION of capital and profits
  • Financial reports submission and audit Report preparation
  • Company can hold an ACCOUNT in a bank in the UAE
  • Multiple installment payment options
  • 24 HOURS CUSTOMER CARE SUPPORT
  • Developed WORLD CLASS INFRASTRUCTURE
  • 100% foreign ownership
  • FULLY DIGITALISED setup
  • Total exemption from all import and export duties
  • PROXIMITY and convenience as it is near the AJMAN PORT and Dubai Sharjah airports
  • VALUE ADDED SERVICES for all businesses
  • Possibility of obtaining resident or employment visa for investors and employees

BUSINESS ALLOWED TO BE SETUP IN AJMAN FREE ZONE

  • AFZA FREE ZONE ENTITY

  • AFZA FREE ZONE COMPANY

  • BRANCH OF A LOCAL COMPANY

  • BRANCH OF A FOREGIN COMPANY

DOCUMENTS REQUIRED FOR SETTING UP BUSINESS IN AFZA

There are some MANDATORY DOCUMENTS and details required for all kinds of set up. They are :
  • Passport copy (a passport valid for 6MONTHS)
  • Passport size photograph (preferably with white background)
  • Company name
  • Residential address
  • Phone number
  • E mail address
  • Type of business activity

Other documents required according to the type of set up are:

NEW COMPANY SETUP

  • The above mentioned documents and details
  • 3 names for approved company name
  • NOC (no objection certificate) from current sponsor
  • If the investor is getting an industrial or service license then they are also required to give the business plan

LOCAL COMPANY

Apart from the mandatory documents

  • Original license
  • Chamber of commerce certificate
  • Original commercial registration

FOREIGN COMPANY

Apart from the mandatory documents these documents are required after getting attested from embassy/consulate at UAE:

  • Registration certificate of the company from the country of its establishment. This certificate should be from a competent authority
  • Power of attorney
  • Certificate of incorporation (from competent authority)
  • Board resolution
  • Article of association(AOA)
  • Memorandum of association(MOA)

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