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Ajman Free Zone.
Ajman Free Zone Company Formation.

 

Worldwide Incorporation Services is focused on registration of FZE and FZC in Ajman Free Zone, establishment of branches of local and foreign entities, opening bank accounts and visa processing services.

General Information about Ajman Free Zone

Ajman Free Zone Authority is an entrepreneur’s heaven today enjoying a number of unbeatable advantages and privileges. Officially established in 1988 and was given autonomous status under the Amiri decree no 3 of 1996 issued by Sheikh Humaid Rashid al Nuaimi ruler of Ajman, Ajman Free Zone Authority has been named as the sole regulatory agency for Free Zone in the Emirate. Ajman Free Zone is strategically situated at the entrance of the Arabian Gulf. Its location is well positioned to serve the eastern and the western markets to set up business. Its proximity to Dubai and Sharjah is an open opportunity for an easy accessibility to the two international airports and four ports. Ajman port serves over 1000 vessels every year and today, it has emerged as an important maritime focal point. Ajman Free zone offers global opportunity for foreign investment with the main motive being to provide a platform for investment, trade and industry business establishment. The primary aim of this zone is to provide crucial cost saving benefits for entrepreneurs compared to other free zones within the United Arab Emirates.

Welcomed business activities:

All business activities are welcomed by Ajman Free Zone.

Advantages of Ajman Free Zone

1. Its strategic location. Ajman Free Zone is located strategically between Dubai and Sharjah which gives it the advantage for an easy accessibility to the two international airports and four ports.
2. Ajman has the state of art infrastructure such as roads, ports transport and industrial zones.
3. Low cost of operations of many industries compared to other free zones in the world.
4. Starting a business in the Ajman Free Zone guarantees every investor that they are going to get the government support due to the government’s committed support to every free zone.
5. Foreign investors enjoy the benefit of having 100% ownership of the company
6. Business set up in Ajman Free Zone is relatively easy
7. There are no hidden fee and charges when you want to set up a business in Ajman Free Zone. Everything from the first procedure is crystal clear.
8. Land is given for leasing at very low prices hence attracting the attention of most business companies.
9. Business set up in Ajman Free Zone offers many facilities to investors which make it convenient and very easy for one to set up and get running.
10. There is 100% repatriation of capital and profits.
11. Unlike some free zones, Ajman Free Zone has national assets
12. The financial structure of Ajman Free zone encourages investment.
13. Ajman Free Zone Company encourages low cost of operation for many industries compared to other free zones in United Arab Emirates.

Type of companies allowed in Ajman Free Zone

The Ajman Free Zone Authority allows four types of business setups:

Ajman Free Zone Entity

FZE is an entity formed and registered in Ajman Free Zone and regulated by the Free Zone Authority in accordance to the Amiri Decree No.3 of 1988 as amended by the Amiri Decree No.3 of 1996. Ajman Free Zone Authority usually issue the Free Zone Entity licenses with a separate legal capacity owned as 100% by either persons or the company after having established a capital of approximately 185,000 AED. The liaility of the owner of the business is limited to the amount of the share capital. Corporate directors are not allowed under this category. The office under this category may also be virtual or real.

Ajman Free Zone Company

The Ajman Free Zone authority issues these types of licenses to Free Zone to various partners regardless of whether they are individuals or companies of separate legal capacity. Therefore, every investor share is to be determined through partners when issuing the license.

Branch of a local company

Licenses issued under this category are usually issued to companies having a valid license from any UAE licensing authority except from other free zones.

Branch of Foreign Company

Licenses under this category are usually issued to foreign companies that are established outside the UAE with the intention of establishing a branch or a subsidiary of the foreign registered company. The business company can be industrial commercial, or any other professional services.

Required Documents

Ajman Free Zone Entity

1. Passport valid for 6 months
2. Passport size photo (white background)
3. No objection certificate from current sponsor, if applicant is UAE resident as employee
4. Business plan is required in case of Industrial and Service License
5. Registration fee: AED 100/-
6. Capital: AED 185,000/- or $50,000/- or EUR 38,543/-

Ajman Free Zone Company

1. Passport valid for 6 months for each partner
2. Passport size photo (white background) for each partner
3. No objection certificate from current sponsor, if applicant is UAE resident as employee
4. Business plan is required in case of Industrial and Service License
5. Attested Partnership Agreement: AED 1,000/-
6. Registration fee: AED 100/-
7. Capital: AED 185,000/- or $50,000/- or EUR 38,543/-

BRANCH OF LOCAL COMPANY - same for corporate shareholder (company as shareholder)

1. Passport valid for 6 months
2. Passport size photo (white background)
3. Original License
4. Original Chamber of Commerce Certificate
5. Original Commercial Registration
6. Business plan is required I case of Industrial and Service License
7. Registration fee: AED 100/-
8. Capital: No capital required

BRANCH OF FOREIGN COMPANY/SUBSIDIARY COMPANY - same for corporate shareholder (if the shareholder is a foreign company)

1. Memorandum & Articles of Association
2. Board Resolution
3. Certificate of Incorporation
4. Power of Attorney
5. The above (1,2,3,4 points) to be attested at the UAE Embassy / Consulate I the company’s country of origin followed by attestation of Ministry of Foreign Affairs (in UAE)
6. Passport copy that is valid for 6 months minimum, for the representative or manager of the company
7. A colored photograph (white background)
8. Registration certificate from the competent authority in the country where the company is registered.
9. A feasibility study shall be submitted in the case of Industrial and Service Enterprises

* Ajman Free Zone reserves the right to obtain additional documents if required.

Kinds of licenses issued in Ajman Free Zone

Trading licenses

This kind of license is issued to foreign UAE companies with the intention of carrying out trading activities in the Free Zone.

E-commerce license

Ajman Free Zone authority gives E-Commerce License to Ajman Free Zone company formation in Electronic trading business. It also goes ahead to help provide technical and marketing support to investors.

Service license

This license is issued to foreign UAE companies with the intention of carrying out the business of providing professional services in the Ajman Free zone such as It Consultancy, management consultancy and marketing among many other services.

Industrial license

This kind of license is issued to foreign United Arab Emirate companies who wish to carry out manufacturing activities in the Ajman Free zone as per environmental standards and manufacturing policies in Ajman. Ajman Free Zone authority provide smart stores and warehouses to facilitate this activity. This helps to ensure that all the investors requirement are obtained in one place.

National Industrial License

This license is usually issued to a registered company in Ajman operating in the Free Zone and meets the following eligibility criteria:

-The company should be registered with GCC with a GCC national or nationals owing majority shareholding of 51% and above.
- At least 40% of the manufacturing process by that company should be accomplished within the Free Zone.
- Companies holding a national Industrial License are entitled for duty free exports to the member states of the Arab Gulf Cooperation council.

Offshore license

Ajman free zone authority issue offshore license to those people who wish to set up an Ajman Free Zone company for international business only with no physical local business.

License Fees

Trading License:

One Activity: AED 3,900
Two Activity: AED 5,200
Three Activity: AED 6,500

General Trading: AED 9,100

Service License: AED 6,500

Marketing Research & Consultancies
Management Consultancies
Marketing Management
Information Technology Consultancies
Advertising Research & Consultancies

Industrial License: AED 9,100

Resident Visa

The Investor Visa: AED 2,600 + (AED 2,000 refundable deposit)

Company Owner/Partner/Manager: AED 2,200 + (AED 2,000 refundable deposit)

Company Employees: AED 2,200 + AED 2000 refundable deposit + (1 month salary as refundable deposit)

Visa validity for Investor’s visa is 3 years and 2-years validity for owner/partner/manager and employees visa.

Benefits of setting up a company in the Ajman Free Zone:

  • Allowed to do business in the UAE.
  • Allowed to have an office in the UAE.
  • Company can hold an account in a bank in the UAE.
  • Possibility to get resident or employment visas for investor and employees.
  • 100% foreign ownership.
  • 100% repatriation of capital and profits.
  • No corporate tax.
  • Total exemption from all import and export duties.
  • No personal income tax.
  • Exempted from financial reports submission and audit.
  • Competitive pricing on premises.
  • No hidden fees.
  • No hidden charges.
  • Cheap energy.
  • The most economical wage structure and easy access to vast work force.
  • Total exemption from all import and export duties.
  • Total elimination of all service charges and hidden fees.
  • Exceptionally low handling charges.
  • 20 years land contract is renewable for another 20 years guaranteeing 40 years tax free operations.
  • Lowest lease prices.
  • World class infrastructure.
  • Lowest tariffs in the region.
  • Single Window Clearances (Licensing, Immigration, etc)
  • Low labor cost
  • No Red Tape

Other Advantages:

  • Business Facilities (Conference Room and Business meeting rooms)
  • 24 hours Security Services
  • Bank services
  • Postal services

Ajman Free Zone - Key Facts

Registered Office Required
Yes, must be maintained in Ajman Free Zone.

Directors
The minimum number of directors is one. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.

Shareholders
An FZE formation can be with a single shareholder. An FZC can be formed with 2 to 5 shareholders.

Taxation
Nil.

Name of a Company
The name of the company may end with the word "FZE" (Free Zone Entity) or "FZC" (Free Zone Company).

Time to Incorporate
1-2 days, subject to name approval.

Ajman Free Zone - Facilities

Offices

Smart Offices

Smart offices are suitable as a smart investment for startups and entrepreneurs. You can keep your costs lower, start your business immediately, get two employment visas and enjoy the numerous benefits provided by Ajman Free Zone for an excellent return on investment.

Executive Offices

Get up to 5 employment visas and an executive office strategically located. You can administer your business using these offices, depending on the size you need. These executive offices have excellent facilities, easy parking and security.

Warehouses

Ajman Free Zone is keen on meeting the requirements of investors by designing and providing high-quality warehouses, with all service facilities and specifications, starting from 100 square metres; and prices starting from AED 250 per square metre.

Lands

These are areas for investment and trade zones suitable for industrial investment, prepared as per accurate research on investors’ needs.

Ajman Free Zone - Packages

Smart Offices Packages Prices

Ajman Free Zone - Cost of Formation

Request a quotation

Worldwide Incorporation Services | Ajman Free Zone Company Formation

Office Address in the UAE

UAE

 

Phone: +971 4 450 4707
Fax: +971 4 450 4707
Skype: wis.uae 

8th Floor
Platinum Tower
Jumeirah Lakes Towers
Dubai
United Arab Emirates
Working Hours:
09:00 to 18:00 Sun-Thu (GMT +4)

Services in Ajman Free Zone

Worldwide Incorporation Services provides the following services in Ajman Free Zone:

  • Ajman Free Zone Company Formation
  • Investor & Employment Visas
  • Full Company Administration & Secretarial Services
  • Opening of Bank Accounts

 

How to proceed

To form an Ajman Free Zone Company please contact one of our offices.

Free Consultation

Call to any of our offices for your free initial consultation.

Confidential Callback Request

Please complete Callback Request Form and we will call you back at the time you have requested.

Why Our Company is the Best Choice for Ajman Free Zone Company Formation and Administration?

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