Ajman Free Zone Company Formation

Established in 1988, Ajman Free Zone is leading to industrial development in Ajman by providing liberal economic environment and trade friendly policies. It was built under the Amiri announcement no. 3 of 1996 issued by H.H. Sheik Humaid Bin Rashid Al Nuaimi, Ruler of Ajman. The Ajman free zone Authority is the sole administrative organization for Free zone in Ajman. Designedly located in the passage of the Arabian Gulf, AFZ is suitable to serve the eastern and western markets.

Located on the west coast of United Arab Emirates, Ajman is a thriving city. It is at the crossroads of United Arab Emirates. Over the years, Ajman has seen remarkable development in areas such as infrastructure, business, tourism and industry. Ajman has become major destination for investors because of stability, security and opportunities it provide to investors.

Benefits

  • Ajman Free Zone company setup is only downtown free zone in UAE
  • 100% foreign ownership and complete repatriation of capital and profits for businesses
  • Access to major sea and airports of country due to its proximity to Dubai and Sharjah
  • 100% exemption from income tax, personal corporate tax and import & export duties
  • Provide robust infrastructure including strong connectivity through federal network of highways
  • Offers lease period up to 20 years and renewable to 20 more years
  • Fast track license processing for company formation
  • Smart offices for startups with state of the art communication facilities
  • Land for large industries at reasonable rates
  • Availability of uninterrupted energy and skilled workforce

Licenses issued

There are three types of licenses issued by Ajman Free Zone Authority:

  • Trading License (for all types of trading activities)
  • Service License (for different types of service activities including legal advisory, management consultancy, financial consultancy etc.)
  • Industrial License (for manufacturing business)

Types of Companies

There are three types of companies allowed to be established in AFZ

  • Free Zone Establishment (FZE)
  • Free Zone Company (FZC)
  • Branch of a local/foreign Company

Documents Required

There are various types of documents required for formation of any of the above-mentioned business structures in Ajman Free Zone. Following are important documents required for formation of a business entity in AFZ.

  • Three proposed names (for FZE and FZC)
  • Passport copy of applicant/manager (minimum 6 months validity)
  • NOC (no objection certificate) from sponsor (if applicant has valid residence in UAE)
  • Entry stamp/visa copy (if the applicant is on visit visa)
  • 6 or 8 passport-sized photographs (colored) with white background
  • A small business plan (in case of professional or e-commerce license)
  • Certificate of incorporation of parent company (in case of branch of a foreign company)
  • Trade license copy (for branch of a local company)

Why to choose Riz & Mona Consultancy for Ajman Free Zone Company formation

If you are ready to setup your Ajman Free Zone Company then you can contact us and we’ll assist you. RIZ & MONA consultants and PRO services provider offer corporate business solutions to individuals and companies to form new business and invest in the best place in Ajman Free Zone (AFZ). We can be reached at Ph. #: 00 971 4 558 6339 / 0507946180 – Email: info@rizmona.com