Ajman Free Zone Company Set Up
Founded in 1988, Ajman Free Zone is located in one of the seven emirates in UAE, Ajman. It is one of the most strategically located free zones in the UAE, offering businesses easy access to both local and international markets. With state-of-the-art infrastructure and a business-friendly environment, AFZA is an ideal location for startups and established companies alike.
The free zone is regulated by the Ajman Free Zone Authority (AFZA) and is one of the prominent free zones in the UAE. One of the main reasons behind AFZ’s open business ecosystem is its location near four major seaports and two international airports. It is home to various commercial activities, such as manufacturing, trade, services, etc.
Ajman Free Zone attracts a vast majority of foreign investors because it offers significant cost savings when it comes to company formation, as compared to other emirates of the UAE. This guide will help you understand how to set up a business in Ajman Free Zone.
Why Do Business in Ajman Free Zone?
There are several reasons why investors consider Ajman as their first choice when setting up a business in the UAE. Ajman Free Zone offers numerous benefits, including cost-effective business setup solutions, 100% foreign ownership, and no import or export duties.
The strategic location near Ajman and Khorfakkan Ports, as well as its proximity to major UAE airports (Dubai and Sharjah International Airports), makes it an attractive hub for trade and logistics. Moreover, Ajman has cost-effective business setup solutions, offering cheap labor and a welcoming business environment.
Benefits of Setting Up a Company in Ajman Free Zone
- 100% foreign ownership
- 100% Exemption on imports and exports
- 100% repatriation of capital and profits
- 0% tax on personal & corporate income
- Variety of business packages
- Low-cost leasing options
- Various business activities
- Strategic location
- No monetary restrictions
- Prime infrastructure
- Quick visa services
- Pay in installments
Types of Licenses in Ajman Free Zone
Ajman Free Zone Authority offers a wide range of licenses accommodating various business activities. You can get your Ajman Free Zone licenses within 3-4 days and AFZA also allows you to pay for the license in multiple installments.
Here are some of the licenses available for businesses in AFZA:
- Commercial License: This license allows companies to engage in trading activities, including import, export, and distribution of goods.
- Industrial/Manufacture License: Ideal for businesses involved in manufacturing, processing, and production of goods within the free zone.
- Pioneers Package: Aimed at young entrepreneurs and startups, this package offers a cost-effective way to start a business with minimal capital. It is perfect for students, startups, and young entrepreneurs.
- Freelancers Package: Introduced in 2019, this license is designed for individual professionals, providing the necessary permits to operate as a freelancer in various fields. You also get a 2-year visa.
- eCommerce License: Enables businesses to engage in online trading activities, including buying and selling goods and services over the Internet.
- Offshore License: Allows companies to operate an offshore business, providing privacy, tax benefits, and minimal reporting requirements.
Best Businesses to Start in Ajman Free Zone
Ajman Free Zone permits a wide range of business activities, including trading, manufacturing, professional services, logistics, IT services, and more. The flexible licensing options cater to diverse business needs, making it an ideal destination for various industries.
Here are some of the best businesses to set up in the Ajman Free Zone:
- Trading Activities
- Automotive
- Construction
- Media
- Oil and Gas
- Manufacturing and Industrial
- IT and Software Development
- Education and Training
- Financial Services
- Tourism and Hospitality
- Beauty and Lifestyle
- Agriculture
- E-commerce Business
- Healthcare and Medical Services
- Consulting and Professional Services
- Restaurants and Cafes
- Chemical Industry
- Jewelry
- Marine
Ajman Free Zone Authority Facilities for Company Startups
Ajman Free Zone offers a range of world-class facilities designed to meet the needs of businesses of all sizes and sectors. These include:
- Flexi-desk: This option is for businesses that require minimum office space, on a low budget. Flexi desks are available in the Ajman Free Zone without monthly time limits.
- Furnished Offices: Ideal for businesses that need a fully serviced workspace, without the extra burden of administrative tasks. These offices have access to world-class facilities and a full-time leasing option.
- Executive Offices: For service-based businesses and large companies, AFZA also offers fully furnished modern office space. These offices have a professional environment with modern facilities, including meeting rooms,
- Land Plots: Ajman Free Zone has customizable land space for businesses starting from 1000 sq meters. It is perfect for industrial, commercial, and trading businesses. The land has great connectivity, with access to abundant utilities.
- Warehouses: AFZA also has warehouse spaces starting at 100 sq meters. Most warehouses even have office space inside, with 24/7 security and other amenities. With a warehouse, you can apply for at least 14 visas for your business.
How to Setup a Company in Ajman Free Zone (AFZA)
Follow these steps to launch your business in Ajman Free Zone easily:
Choose a Business Activity
Determine the type of business activity you want to undertake and ensure it aligns with the permitted activities in AFZA.
Select a Company Name
Choose a unique name for your business that complies with the naming conventions and regulations of AFZA.
Apply for Trade License
Submit the required documents and application form to AFZA to obtain the necessary business license for your chosen activity.
Lease Office Space
Select and lease an appropriate office space or facility within the free zone that suits your business needs.
Register Your Company
Complete the company registration process by submitting all necessary documentation to the free zone authority and paying the required fees.
Receive Business License
After the approval from the Free Zone Authority, you will receive your business trade license, allowing you to operate in the free zone.
Obtain Visas
Apply for visas for yourself and your employees through AFZA’s streamlined visa processing services.
Open a Bank Account
Set up a corporate bank account in the UAE to facilitate business transactions and financial operations.
Set Up Your Business in Ajman Free Zone Today!
Setting up your company in Ajman Free Zone is not a difficult process, but it is a lengthy one requiring various steps and permits that are surely going to leave you confused thus causing delays. This is why we are here to help you!
Sit back and let Solutions FZCO handle all your company registration requirements and procedures. We have contacts and partnerships with local agencies in the UAE to ensure a smooth and hassle-free company formation experience in Ajman Free Zone.
Contact us today to let us help you establish a successful presence in Ajman Free Zone with our tailored solutions.
Start your Company Registration Today!
Are you ready to register your business in Ajman? Contact Solutions FZCO and let’s begin your company formation today! Experience a seamless company registration process and set a solid foundation for your dreams.