How to Successfully Setup a Company in Ajman Free Zone, UAE?

Setup a Company in Ajman Free Zone, UAE

Introduction: Setup a Company in Ajman Free Zone

Setting up a company in Ajman Free Zone is a strategic choice for entrepreneurs and businesses seeking a cost-effective entry into the UAE market. As one of the leading free zones in the United Arab Emirates, Ajman Free Zone (AFZ) offers a business-friendly environment, with streamlined procedures, tax incentives, and 100% foreign ownership. The business setup in Ajman Free Zone is particularly attractive due to its strategic location, providing easy access to major ports and airports, making it a hub for trading and logistics businesses. Additionally, the cost of business setup in Ajman is relatively low compared to other emirates, making it an ideal destination for startups and small to medium-sized enterprises. With a wide range of business activities permitted and flexible leasing options, AFZ caters to various industries, including trading, manufacturing, and services.

Read Post: How to Setup Business in UAE?

Whether you’re looking for the cheapest business license in Ajman Free Zone or aiming to establish a larger operation, the Ajman Free Zone business setup process is designed to be straightforward and efficient. Partnering with the best business setup consultant in UAE can further simplify this process, ensuring that your venture is up and running with minimal hassle.

Why Choose Ajman Free Zone For Business Setup?

Ajman Free Zone (AFZ) stands out as a premier destination for businesses looking to establish a presence in the UAE.

Ajman Free Zone For Business Setup

Read Post: Top 24 Successful Business Ideas in Dubai for 2024

Here are key reasons why choosing Ajman Free Zone is a smart move:

Strategic Location

Ajman Free Zone’s proximity to major ports and airports, including Dubai International and Sharjah International Airports, provides seamless connectivity for businesses involved in trading and logistics. This makes business setup in Ajman Free Zone ideal for companies targeting local and international markets.

Cost-Effective Setup

The cost of business setup in Ajman Free Zone is significantly lower compared to other free zones in the UAE. AFZ offers some of the cheapest business licenses in UAE, making it an attractive option for startups and SMEs seeking a low-cost business setup in UAE.

100% Foreign Ownership

One of the key advantages of Ajman Free Zone business setup in UAE is the ability to have full ownership of your company. This is a major draw for international investors looking for a company setup in Ajman Free Zone without the need for a local sponsor.

Business-Friendly Environment

AFZ is renowned for its streamlined administrative processes, which simplify the business setup in Ajman Free Zone. The license cost in Ajman Free Zone is competitive, and the authority provides a variety of support services to ensure your business runs smoothly.

Diverse Business Activities

Whether you’re in trading, manufacturing, or services, Ajman Free Zone accommodates a wide range of business activities. This flexibility is one of the reasons why AFZ is a preferred choice for businesses across various sectors.

Flexible Leasing Options

Ajman Free Zone offers adaptable leasing solutions, including office spaces, warehouses, and land, allowing your business to scale as needed. This flexibility supports businesses at different stages of growth.

Comprehensive Support Services

Partnering with the best business setup company in Ajman ensures that you receive expert guidance throughout the setup process. From visa assistance to banking solutions, AFZ provides comprehensive support to help your business thrive.

Read Post: How to get a General Trading License in Dubai?

Choosing Ajman Free Zone for your business setup means benefiting from a strategic location, cost-effective operations, and a supportive business environment, making it an ideal choice for entrepreneurs looking to establish a successful venture in the UAE.

Step-by-Step Guide to Setting Up a Company in Ajman Free Zone

Setting Up a Company in Ajman Free Zone

1. Define Your Business Activities

The first step in setting up a company in Ajman Free Zone is to define the business activities you wish to undertake. The Ajman Free Zone Authority allows a broad range of activities including trading, consultancy, IT services, and more. It’s crucial to list all intended activities on your license application to avoid any issues later.

Read Post: Shams: Most Affordable Free Zone

2. Choose a Company Name

Naming your business in Ajman comes with specific regulations:

  • Avoid any offensive or blasphemous terms.
  • Refrain from using religious references like “Allah” or “Islam.”
  • If using your name, include your full name, not just initials.
  • Ensure the name is available and complies with UAE’s naming conventions.

A business setup consultant can assist you in navigating these rules and choosing a compliant, available name.

3. Submit Your License Application

You’ll need to decide on the type of company structure: Free Zone Company (FZC), Free Zone Entity (FZE), or a branch of a local or international company. The required documents typically include:

  • Valid passport copies of shareholders.
  • Passport-sized photos.
  • A No Objection Certificate (NOC) if the applicant is a UAE resident.
  • A business plan (for certain licenses).

After submitting these documents, you can expect your license to be issued within a few days, provided everything is in order.

4. Apply for Visas

Once your business license is secured, you can apply for visas for yourself, your employees, and dependents. The number of visas you can apply for depends on the size of your business and the license package selected. A business setup company in Ajman can handle the entire visa process on your behalf, ensuring compliance with UAE immigration laws.

5. Open a Corporate Bank Account

Opening a corporate bank account is crucial for your business operations. The UAE offers a wide range of local and international banks. However, the process can be complex due to varying requirements across banks. Partnering with the best business setup consultant in UAE can simplify this process by advising on the best banking options and facilitating the account opening.

Read Post: Business Setup Costs in Dubai for 2024-25

Types of Business in Ajman Free Zone

Choosing what you want to set up is your business. Helping you do it easily is ours.

Business in Ajman Free Zone

At Ajman Free Zone, we offer a broad spectrum of business categories to suit the diverse needs of entrepreneurs and companies. Whether you are a local freelance practitioner or a multinational corporation seeking to establish a presence in the UAE, Ajman Free Zone business setup is designed to be straightforward, efficient, and supportive.

Read Post: Company Setup in IFZA Free Zone, Dubai

Our comprehensive services include:

  • Formation of companies: We guide you through the entire process of company setup in Ajman Free Zone, ensuring compliance with all legal and regulatory requirements.
  • Issuing of licenses: We offer various types of licenses tailored to your business needs, making business setup in Ajman Free Zone seamless.
  • Services for existing clients: Ongoing support to help your business grow and thrive within Ajman Free Zone.
  • Investor and Employee Visas: Facilitating visa applications to ensure your team can operate smoothly within the UAE.

You can apply for ownership of a business under the following categories:

Freezone Establishment (FZE)

Companies obtaining a license under the Freezone Establishment (FZE) category enjoy the status of an entirely independent corporate entity. This is ideal for those seeking full ownership and control of their business operations.

Documents Required:

  • Passport copy (valid for at least 6 months)
  • Colored photograph
  • No Objection Letter from the sponsor (if the applicant is a UAE resident)
  • Visa copy or UID

Branch of a Local Company

If your company already holds a valid license from another UAE licensing authority, you can establish a Branch of a Local Company in Ajman Free Zone. This allows you to expand your operations within the UAE while leveraging your existing company structure.

Read Post: Meydan Free Zone Company Formation

Documents Required:

  • Passport copy of the company manager (valid for at least 6 months)
  • Colored photograph of the company manager
  • Visa copy or UID of the company manager
  • Trade License copy
  • Memorandum of Association (MOA) copy
  • Board Resolution copy

Branch of a Foreign Company

For companies established outside the UAE, the Branch of a Foreign Company license allows you to operate within Ajman Free Zone. While the company ownership remains 100% foreign, sales within the UAE must be conducted through a registered agent or distributor.

Documents Required:

  • Passport copy of the company manager (valid for at least 6 months)
  • Colored photograph of the company manager
  • Visa copy of the company manager
  • Trade License copy
  • Memorandum of Association (MOA) copy
  • Board Resolution copy

Freezone Company (FZC)

The Freezone Company (FZC) category is ideal for corporate individuals forming a new company. This license covers a wide range of activities, including industrial/manufacturing, commercial, and services, offering flexibility for your Ajman Freezone Company Formation.

Read Post: How to Start a Low Cost Business Setup in SPC

Documents Required:

  • Passport copy for each partner (valid for at least 6 months)
  • Colored photograph of each partner
  • No Objection Letter from the sponsor (if the applicant is a UAE resident)
  • Visa copy or UID for each partner

By offering these diverse business categories, Ajman Free Zone ensures that every entrepreneur and business finds the right fit for their operational needs. Our commitment is to make business setup in Ajman Free Zone as smooth and hassle-free as possible, allowing you to focus on what you do best—running your business.

Cost of Business Setup in Ajman Free Zone

Setting up a business in Ajman Free Zone offers a range of affordable options tailored to different business needs. Whether you’re a freelancer, a startup, or an established company, Ajman Free Zone provides several packages that cater to diverse requirements. Below is a detailed breakdown cost of business setup in Ajman associated with different packages.

Ajman

Mainland vs Freezone Company Setup in UAE: Cost Comparison

Freelancer Package in Ajman Free Zone

The Freelancer Package is designed for individuals who wish to operate as independent professionals within Ajman Free Zone. This package provides a cost-effective solution with a range of essential services.

Cost Breakdown:

  • 1 Year with 1 Visa: AED 12,121

Included Services:

  • 1 activity as a profession
  • Sole professional license
  • Lease agreement
  • Establishment card
  • eChannel
  • Security approval
  • UAE Residency visa, medical test, Emirates ID
  • Visa status change

Note: An additional AED 100 is required if the medical test is conducted in Dubai.

Required Documents:

  • Passport copy
  • UAE Visa copy (if applicable)
  • Emirates ID copy (if applicable)
  • CV and Photo

Visa applicants must obtain insurance from an authorized provider.

Read Post: Unlock the Cheapest Business License in SRTIP Free Zone, UAE

Virtual Office Package in Ajman Free Zone

The Virtual Office Package is ideal for businesses that require a professional address without the need for a physical office. It offers flexibility with different visa quotas.

Cost Breakdown:

PackageCost Per Year (AED)
0 Visa5,555
1 Visa13,131
2 Visas21,212
3 Visas24,242
4 Visas29,292
Virtual Office Package

Calculate your business setup cost.

Included Services:

  • Up to 5 mixed activities (excluding General Trading; however, “Non-Specialized Wholesale Trading” can be considered)
  • Up to 5 Shareholders
  • Business license
  • Lease agreement for coworking space
  • Memorandum and Articles of Association
  • Commercial Registry Certificate
  • Certificate of Incorporation
  • Share Certificate
  • Establishment card
  • eChannel
  • Investor Security approval
  • UAE Residency visa, medical test, Emirates ID
  • Visa status change

Note: An additional AED 100 is required if the medical test is conducted in Dubai.

Required Documents:

  • Passport copy
  • UAE Visa copy (if applicable)
  • Emirates ID copy (if applicable)
  • Photo

Visa applicants must obtain insurance from an authorized provider.

General Trading Package in Ajman Free Zone

The General Trading Package is tailored for businesses involved in a wide range of trading activities. It offers a comprehensive setup with options for visa quotas.

Cost Breakdown:

PackageCost Per Year (AED)
0 Visa7,777
1 Visa15,151
General Trading Package

Check All Available Offers

Included Services:

  • 1 General Trading activity (additional activities can be added for AED 1,000 each)
  • Up to 5 Shareholders
  • Business license
  • Lease agreement for coworking space
  • Memorandum and Articles of Association
  • Commercial Registry Certificate
  • Certificate of Incorporation
  • Share Certificate
  • Establishment card
  • eChannel
  • Investor Security approval
  • UAE Residency visa, medical test, Emirates ID
  • Visa status change

Note: More than 1 visa requires upgrading to office packages. An additional AED 100 is required if the medical test is conducted in Dubai.

Required Documents:

  • Passport copy
  • UAE Visa copy (if applicable)
  • Emirates ID copy (if applicable)
  • Photo

Visa applicants must obtain insurance from an authorized provider.

Physical Office Package (>4 Visas) in Ajman Free Zone

The Physical Office Package is designed for businesses that require a physical presence in Ajman Free Zone and need to accommodate more than four visas.

Cost Breakdown:

PackageCost Per Year (AED)
1 Visa21,750
2 Visas24,750
3 Visas29,750
4 Visas35,500
Physical Office Package (>4 Visas)

Additional Costs:

  • Refundable deposit: AED 500
  • Additional visa quota: AED 1,500
  • Additional visa: AED 4,200
  • Renewal price: Same as every year

Note: An additional AED 100 is required if the medical test is conducted in Dubai.

Required Documents:

  • Passport copy
  • UAE Visa copy (if applicable)
  • Emirates ID copy (if applicable)
  • Photo

Visa applicants must obtain insurance from an authorized provider.

Read Post: RAKEZ Free Zone Business Setup

Setting up a business in Ajman Free Zone offers flexibility and affordability, making it an attractive option for entrepreneurs and established businesses alike. Whether you’re looking for a freelancer package, a virtual office, or a physical office setup, Ajman Free Zone provides tailored solutions to meet your specific needs.

Conclusion

Setting up a business in Ajman Free Zone offers numerous advantages for entrepreneurs and companies seeking a strategic location with a cost-effective setup. With a range of packages designed to cater to different business needs—whether you’re a freelancer, a trading company, or an enterprise requiring a physical office—Ajman Free Zone provides flexibility and comprehensive support. From affordable packages to a simplified setup process, it’s an ideal choice for both local and international businesses looking to establish a presence in the UAE. The variety of options, including the Freelancer Package, Virtual Office Package, General Trading Package, and Physical Office Package, ensures that you can find a solution that fits your specific requirements and budget.

Why Choose Infibiz?

Choosing Infibiz for your business setup in Ajman Free Zone ensures a seamless and efficient process. As the best business setup company in UAE, Infibiz provides expert guidance tailored to your business needs. Our deep understanding of the Ajman Free Zone business setup process, combined with personalized support, means that we handle all the complexities, allowing you to focus on your business. We offer end-to-end services, including documentation, licensing, and visa assistance, making us the best business setup consultant in UAE. Trust Infibiz to facilitate your company setup in Ajman Free Zone with ease and efficiency. Explore the low cost of business setup in Ajman Free Zone with flexible packages designed to suit your needs.

Book Free Consultation with Infibiz’s Experts.

Trending Today

Deprecated: preg_replace(): Passing null to parameter #3 ($subject) of type array|string is deprecated in /home/u907582778/domains/infibiz.ae/public_html/wp-includes/kses.php on line 1805
Search

Share:

Categories:

Send Us A Message

Related: