Ajman Free Zone (AFZ) is one of the best and oldest free zones in the UAE. Since its establishment in 1988, AFZ has played an important role in facilitating businesses. Despite the presence of a large number of free zones across UAE, AFZ has established itself to be one of the best in the region.
An important reason behind the popularity of AFZ is its continuous working to improve the business condition. The free zone is always introducing new policies, facilities, and incentives to attract investors and entrepreneurs. Now, AFZ has taken another step to facilitate businesses by announcing new packages for investors and freelancers.
Previously, Ajman Free Zone was offering three types of licenses for businesses. These include:
- Service License (for companies providing services to their clients)
- Commercial License (to facilitate import and export of products)
- Industrial License (for manufacturing of goods)
AFZ Pioneer and Freelance License
In a recent announcement, AFZ has declared that it is increasing the number of licenses to 5 now. They are doing so by issuing two more licenses for businesses. These new licenses are:
- Pioneer License
- Freelance License
Ajman Free Zone is already known to be a cost-effective free zone as compared to free zones of large emirates (especially Dubai and Abu Dhabi). But this latest offer will make this free zone further economical for corporate and individual entrepreneurs.
An important feature for both these licenses is that they are the cheapest licenses offered by AFZ. According to details, the cost of Freelance License is $1645 while the Pioneer License is available at the cost of $1,370 (AED 5,000).
Advantages of Pioneer and Freelance License
There are several benefits that one can avail after obtaining these new licenses in Ajman free zone. Few important benefits are:
- 100% foreign ownership
- 100% repatriation of profits
- Fee can be deposited installments (first free zone in UAE to provide this offer)
- Resident visa for investors and their families
- Availability of world-class infrastructure
- The company setup process is rapid and can be completed in 24 hours
- You have several options in setting up your company after getting the license.
Documents required for Pioneer and Freelance License
Before getting your desired license (pioneer license, freelance license or others, you need to submit all necessary documents to relevant authorities. The process will proceed after the approval of your documents. Important documents for obtaining AFZ license include:
- Entry stamp or visa copy
- Passport copy with a validity of six months (minimum)
- One-color photo
This new step by Ajman Free Zone is extremely important for small investors and freelancers. Now, they can easily join one of the UAE’s best free zone by taking advantage of these new cost-efficient packages. The option for depositing fee in installments is also available.
Therefore, they can take full advantage of all the facilities available in AFZ. We at RIZ & MONA Consultancy can assist you in getting your desired license in Ajman Free Zone conveniently. You can simply contact RIZ & MONA Consultancy via our WhatsApp # 971-54-8521012.