Ajman Free Zone. Ajman Free Zone Company.

Worldwide Incorporation Services specializes in Ajman Free Zone Company Formation (FZE and FZC), establishment of branches of local and foreign entities, opening bank accounts and visa processing services.

Ajman Free Zone

 

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 the Ajman Free Zone.

Benefits of Ajman Free Zone Company Setup

  • Allowed to do business in the UAE
  • Allowed to have an office in the UAE
  • Ajman 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

Type of companies allowed in the 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 a 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.

  •  

    Kinds of licenses issued in the Ajman Free Zone

    The categories of license available within the Ajman Free Zone are:

    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.

    Required Documents for Ajman Free Zone Company Setup

    Ajman Free Zone Entity

    • Passport valid for 6 months
    • Passport size photo (white background)
    • No objection certificate from current sponsor, if applicant is UAE resident as employee
    • Business plan is required in case of Industrial and Service License

    Ajman Free Zone Company

    • Passport valid for 6 months for each partner
    • Passport size photo (white background) for each partner
    • No objection certificate from current sponsor, if applicant is UAE resident as employee
    • Business plan is required in case of Industrial and Service License

    Branch of a Local Company – same for corporate shareholder (company as shareholder)

    • Passport valid for 6 months
    • Passport size photo (white background)
    • Original License
    • Original Chamber of Commerce Certificate
    • Original Commercial Registration
    • Business plan is required I case of Industrial and Service License
    • Capital: No capital required

    Branch of a Foreign Company / Subsidiary Company – same for corporate shareholder (if the shareholder is a foreign company)

    • Memorandum & Articles of Association
    • Board Resolution
    • Certificate of Incorporation
    • Power of Attorney
    • Passport copy that is valid for 6 months minimum, for the representative or manager of the company
    • A colored photograph (white background)
    • Registration certificate from the competent authority in the country where the company is registered.
    • A feasibility study shall be submitted in the case of Industrial and Service Enterprises

    The above (Memorandum & Articles of Association, Board Resolution, Certificate of Incorporation, Power of Attorney) 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)

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

    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.

    Calculating Your New Free Zone Company in the Ajman Free Zone

    This is always crucial to understand the initial costs for a company start-up. Below is an overview of the basic expenses associated with a new company formation in the Ajman Free Zone:

    1.Type of License

    Each activity of a company falls under a specific License Type. Below is an overview of the basic expenses associated with a new company registration in the Ajman Free Zone:

    type of License

    Consultancy License

    Trading License - 1 Activity

    Trading License - 2 Activities

    Trading License - 3 Activities

    General Trading License

    ANNUAL FEE

    AED 24,550

    AED 21,950

    AED 23,250

    AED 24,550

    AED 27,150

     

    Cost includes: Pre-approval, Registration, License, Smart Desk and Chamber of Commerce Certificate.

    Note: Additional fee of AED 600 AED might apply if the selected license requires pre-approval.

    2. Type of Office Facilities

    Being an Ajman Free Zone licensed entity you are required to rent an office. Number of visas you are eligible for depend on the office’s size. Here are the options currently available:

    type of Facility

    Smart Desk

    Executive Offices

    VISA ELIGIBILITY

    2

    5+

    ANNUAL FEE

    depends on the acitvity and terms of payment

    depends on the acitvity and terms of payment

     

    3. Other Documents

    Establishment Card is a mandatory document to enable the company register in the Residency Department. If a company would like to appoint a PRO to be represented for visa purposes in the Ajman Free Zone, a Power of Attorney signed either by Manager or Shareholder is required.

    DOCUMENT

    Memorandum of Association

    Share Certificate

    Establishment Card

    Power of Attorney

    COST

    AED 1,000

    AED 100

    AED 535

    AED 1,500

     

    4. Visa Application

    Cost of each visa may differ depending on the visa type and whether the person in currently in or out of the UAE. Visa validity for Investor’s visa is 3 years and 2-years validity for owner/partner/manager and employees visa.

    VISA APPLICATION

    Investor Visa Application

    Employee Visa Application

    Medical Test and Emirates ID

    Investor Bank Guarantee Deposit (refundable)

    Employee Bank Guarantee Deposit (refundable)

    COST

    AED 2,600

    AED 2,635

    AED 1,270

    AED 2,000

    AED 2,000 + 1 month Salary

     

    5. WIS Ajman Free Zone Service Packages

    Three packages are available for clients’ choice depending on individual needs.

    Ajman Free Zone – Packages


    Packages

    COMPARE PACKAGE FEATURES

    Corporate Consultancy

    Name Check

    Initial Approval

    Company Registration

    Flexi Facility Arrangements

    Board Resolution

    Licensing

    Establishment Card

    Setting-Up Company Portal

    Company Stamp

    Daily Update Regarding The Full Process

    Audit Appointment Letter

    Company Letterhead

    Guidance For Depositing Capital

    Obtaining Statement Of Accounts

    P.O. Box Registration

    Company Profile

    Meeting Arrangement With Banker

    Full Bank Account Opening Application

    Free Pro Service For 1st Company Visa

    Business Plan Making

    SILVER

    AED 7500

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    -

    -

    -

    -

    -

    -

    -

    -

    -

    -

    GOLD

    AED 14000

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    -

    -

    -

    PLATINUM

    AED 24000


    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

    Yes

     

    ☏ Need Help Choosing the Right Package?

    Call to any of our offices or complete Callback Request Form and we will call you back shortly or please click to chat.

    ☞ Why Choose Worldwide Incorporation Services?

    • We’ve been helping business owners since 1998
    • Incorporating your business is our focus
    • We make a complex process fast and easy
    • We work closely with every free zone to guarantee our service

    Incorporate Now! – Order Form

    Please fill in the below order form and we shall contact you shortly for your company incorporation


    Ajman Free Zone Company Formation – Office Addresses

     

    Dubai
    Dubai
    8th Floor, Platinum Tower, Jumeirah Lakes Towers, Dubai, United Arab Emirates
    T.: +971 4 450 4707
    Skype Call: wis.uae

    Working Hours:
    09:00 to 18:00 Sun-Thu (GMT +4)
    London
    London
    1 Fetter Lane, London, EC4A 1BR
    United Kingdom
    T.: +44 203 44 05 671
    Skype Call: wis.uk

    Working Hours:
    09:00 to 18:00 weekdays (GMT 0)
    Hong Kong
    Hong Kong
    22nd floor, Tower Two, Lippo Centre, 89 Queensway, Admiralty, Hong Kong
    T.: +852 2530 8893
    Skype Call: wis.hk

    Working Hours:
    09:00 to 18:00 weekdays (GMT +8)
    Cyprus
    Cyprus
    4 Profiti Ilia, Kanika Business Centre, Office 101B, 4046 Limassol, Cyprus
    T.: +357 25 812 242
    Skype Call: wis.cyprus

    Working Hours:
    08:30 to 17:30 weekdays (GMT +2)
    Seychelles
    Seychelles
    Trinity House, Victoria, Mahe
    Seychelles
    T.: +248 432 5881

    Working Hours:
    08:00 to 17:00 weekdays (GMT +4)

    Services in the Ajman Free Zone

    Worldwide Incorporation Services provides the following services related Ajman Free Zone Company | Ajman Free Zone Company registration:

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

    Worldwide Incorporation Services | Ajman Free Zone | Ajman Free Zone Company Registration

    ➣ 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 shortly.

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

    Click here to find out some reasons for that.

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