Ajman Free Zone

Introduction of Company Incorporation in Ajman Free Zone

Ajman free zone was established in 1988 under the Amiri decree No. 3 of 1996 issued by Sheikh Humaid Bin Rashid Al Nuaimi, ruler of Ajman with the purpose to strengthen industry, trade and financial sector in the UAE. Since its establishment, Ajman has undergone a massive industrial development by attracting huge number of companies to take advantage of investment privileges.

Business Environment of Ajman Free Zone

Spread on an area of more than one million square meters, Ajman free zone has an advantage of being built on a strategic location that is suitable to serve eastern and western markets. You can easily reach international airports within 25 minutes only by car from AFZ. The free zone is located opposite to Ajman Port and there is an extremely equipped international road network that connects AFZ with neighboring countries for easy arrival and departure.

Ajman Free Zone offers lucrative benefits and facilities that let companies get a considerable return on their investment. Ajman Free Zone Authority (AFZA) is the governing body for free zone company formation in AFZ. AFZA provides local and foreign investors with the opportunity to invest in the business best suited to them. Application and license registration process in AFZ is very easy, swift and quick and company can be incorporated in just one day. Furthermore, exemption from tax and customs, lease period of 20 years that can be further renewed to another 20 years and facilities such as smart offices for low cost company start-ups, executive offices, warehouses, lands and business centers make Ajman free zone an ideal place for new business setup and company formation in UAE.

Process of Company formation in Ajman Free Zone

Company formation in Ajman Free Zone is much cheaper than most of the nearby emirates. KWSME with its transparent working environment and affordable fees offers Ajman Free Zone company setup with or without visa plan which makes us even more attractive when it comes to Free Zone company formation.

We offer a whole range of company formation services to help our clients get their companies registered in the AFZ. We also provide business support services well-complemented by PRO services and pre-designed or customized business solutions which would help your business from the bottom up.

Benefits of Establishing a Company in Ajman Free Zone

  • 100% foreign ownership
  • Complete repatriation of capital and profits
  • Strict adherence to tax free environment
  • Exemption from import and export duties
  • Competitive prices on facility usage, power/electricity and on leasing
  • Easy access to low cost labor
  • Well-developed infrastructure (world-class airport, seaport, transportation, office spaces and warehouses)
  • One-stop counter service (Residency, visas etc.)
  • Simple and quick procedures (in most cases get the license within 24 hours)

Type of License issued in Ajman Free Zone

Ajman Free Zone offers wide variety of business license options for business setup in UAE to fulfill your requirements whether you are starting a new business or setting up industry. Following are the five types of licenses available in order to setup Ajman free zone Company.

Trading license

Ajman free zone offers trade license also known as commercial license which is suitable for companies and individuals involve in trading business.

The trade license to setup company in Ajman Free Zone is of four types:

  • 1 activity trade license
  • 2 activities trade license
  • 3 activities trade license
  • Trade license (General Trading)

Services licenses

AFZ issues service license to individuals or companies carrying out service activities within the free zone such as management, marketing, legal advisory firm, IT consultancies etc.

Industrial license

AFZ issues Industrial licenses to companies that specialize in manufacturing in UAE, as per the environmental standards and manufacturing policies in Ajman.

National Industrial License

AFZ issues National industrial license to industrial organizations that fulfill the following criteria:

  • The company should be registered with GCC countries’ nationals owning minimum of 51%
  • Minimum 40% of the manufacturing process should be carried out within the Free Zone
  • Companies having national license qualified to get this license are relieved of customs fees on exports from GCC countries

E-Commerce License

Ajman free zone issues E-Commerce license to those companies involved in electronic trading and provides technical and marketing support to them.

Offshore License

AFZ issues COI (Certificate of Incorporation) to investors who intend to establish an ongoing company. This certificate allows them to run the business only outside the state and not within the Ajman free zone.

Documents required for AFZ company formation

Free Zone Establishment (FZE)

  1. Passport copy that is valid for 6 months
  2. Passport size photograph
  3. No objection letter from current sponsor, if applicant has valid residence in UAE
  4. Feasibility study would be required if the business involves industrial, service and electronic activities
  5. Fees of 100 AED for trade name approval

Free Zone Company (FZC)

  1. Passport copy that is valid for 6 months
  2. Passport size photograph
  3. No objection letter from current sponsor, if applicant has valid residence in UAE
  4. Feasibility study would be required if the business involves industrial, service and electronic activities
  5. Fees of 100 AED for trade name approval

Branch of a Foreign Company

  1. Passport copy that is valid for 6 months
  2. Passport size photograph
  3. No objection letter from current sponsor, if applicant has a valid residence in UAE
  4. Feasibility study would be required if the business involves industrial, service and electronic activities
  5. Fees of 100 AED for trade name approval
  6. Certificate of incorporation of the parent company, attested by UAE embassy in the country of origin and by UAE Foreign Affairs Ministry
  7. Board resolution by the parent company about branch formation in AFZ – to get the license issued by the Free Zone and to appoint a representative or manager. The resolution must be attested by UAE embassy in the country of origin and by UAE Foreign Affairs Ministry.
  8. Articles of Association of the parent company, attested by UAE embassy in the country of origin and by UAE Foreign Affairs Ministry

Branch of Local Company

  1. Passport copy that is valid for 6 months
  2. Passport size photograph
  3. Feasibility study would be required if the business involves industrial, service and electronic activities
  4. Fees of 100 AED for trade name approval
  5. Original valid trade license
  6. Original Certificate of membership
  7. Original Trade Register Certificate
  8. Board Resolution by parent company about branch formation in AFZ
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