Freezone Company Formation in Ajman

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Free Zone Company Registration in Ajman, UAE

Ajman free zone is one of the top zones where enormous development in the infrastructure and cementing of strong economic base is taking place on a regular basis. Today Ajman is considered as a haven for established and young entrepreneurs on its unbeatable advantages in business operations. This zone is well placed for trading operations in the Eastern and Western markets. Ajman port is able to offer world class facilities for traders from different parts of the world. Moreover, Ajman is very near to the two international airports and four ports of Sharjah and Dubai. All these factors are collectively enhancing the importance of the Ajman free zone.

Those who are interested in doing a business in this zone should have a valid business license. There are several types of licenses. You should apply for a license depending on the type of business activity that you are planning to setup in the zone. Most of the people, especially foreign investors will have confusions regarding the procedures that have to be followed to get a valid business license. As a business consultant we are able to provide all kinds of assistance to register a company and run it successfully. Our experience in the field allows us in making necessary arrangements for company formation and allotment of necessary space as per client's requirement.

Types of business licenses approved by AFZ

  • Trade license – You can apply for a trade license for doing a single activity or multiple activities.
  • E-commerce license – This type of license is issued for doing electronic trading activities. You will also get assistance in the technical field as well as marketing field
  • Service license – Those who are doing IT business, consultation business and marketing business can apply for service license.
  • Industrial license – Industrialists who are manufacturing products in the UAE itself can apply for this type of license.
  • Offshore license –Those who plan to establish an ongoing company can apply for an offshore license.

Most of the industrialists are keen on the corporate benefits available from the zone. When compare the cost associated with setting up a business in any other country with the Ajman free zone, it is very low here. Plus, you are getting many types of operational advantages. Some of the corporate benefits include:


  • No corporate tax
  • 100% stake of the company
  • 100% foreign ownership
  • Easy repatriation of capital and profits
  • No personal income tax
  • Exemption from other taxes
  • No import and export duties
  • Exemption from other taxes
  • Low prices on facility usage
  • Low prices for power/electricity
  • Low prices on leasing
  • Easy access to labour

Ajman has recorded an impressive industrial growth in the recent past. Finished products from Ajman are exported to nearly 70 countries. Some of the industries that are thriving well in the region includes Textiles, Food and Beverage, Timber and wood products, Paper products, Chemical and Plastics, non-metal products, Machinery and Equipments and various conversion industries.

Economic advantages of commencing a business in the Ajman free zone

  • Acting as a hub to conduct business across countries
  • Readily available raw materials
  • Economic living conditions
  • Advantages from free zone facilities
  • Low property and office rents
  • Conducive business environment

Documents to be submitted for a business license vary depending on the type of business you are going to start. However, there are documents that have to be submitted by everyone. They are as follows:-

  • Trade name reservation copy
  • Initial approval copy of the activities
  • Shareholders Passport Copies
  • Manager resume and passport copy
  • Personal Information of each shareholder and manager
  • Lease agreement Documents
  • Power of Attorney for authorizing our company to act on behalf of you
  • Registered office address

Free Zone FAQs

You can choose a free zone depending on the type of business activity you are going to perform there. Some of the free zones that are particularly meant for each activity include

  • Internet city
  • Airport free zone
  • Media city
  • Academic city
  • Knowledge city
  • Outsource zone
  • Multi commodities centre
  • Media production zone
  • Biotech Research Park
  • Auto zone
  • Gold and Diamond park
  • Health care city
  • Industrial zone
  • Financial centre
  • Humanitarian centre
  • Flower centre
  • Maritime centre
  • Logistics centre
  • Creative city

The main capital requirement depends on the type of business activity that you are planning to set up in a Free Zone. Specifications regarding the capital requirement depend up on the Free Zone you select for trading activities.

Choosing a legal form depends on the business type, trading activities, nationality of the owner and the preferred ownership options. Some of the common forms are:-

  • 1. Free Zone establishment (FZE) – Here one single share holder can run the business.
  • 2. Free zone Limited Liability Company (FZ-LLC) – Here the company can be registered with more than one shareholder.
  • 3. Brach office – Any international company can start a branch of their office in the free zone.

The procedures for setting up a company in a free zone are direct and easy to complete. General steps involved in it are as follows.

  • Filling up a general form provided by the Free Zone Authority. This allows in checking the company’s requirements and its mode of operation.
  • Documentation process
  • Submitting a copy of the lease agreement
  • A meeting with the free zone authority to finalize the location and the company registration procedures.
  • Passport copy of shareholder
  • Application form
  • Copy of Memorandum of Association
  • Copy of Article of Association
  • Copy Board Resolution

Normally it will take 3 weeks to finish the whole procedures. If there is any delay in the documentation procedures, then it will take 6 weeks to finish the registration process.

  • Jebel Ali Free Zone Authority
  • Dubai Multi Commodities Centre
  • Dubai Airport Free Zone Authority
  • Dubai World Central

Free zones are attractive as it provides lucrative options to the companies. Some are the following:-Free zones are attractive as it provides lucrative options to the companies. Some are the following:-

  • 100% foreign company ownership
  • 100% repatriation of capital and profits
  • Exemption from all import and export duties
  • No corporate tax
  • No dividend tax
  • Inexpensive energy
  • Legal consultation on free zone company setup
  • Verification of visa and work permit requirements in compliance with Emirates law
  • Identification of the corporate structure that suits current and future business plan
  • Drafting documents, collecting files and managing submissions as per requirement
  • Company Registration Amendments
  • Partnership options for offshore companies, professional companies or branch offices
  • Getting approvals from Free Zones authorities, Ministries and department of planning
  • PR activities
  • Accounts maintenance and auditing
  • Setting up of bank account

Yes, it is mandatory, below are the property options:

  • Flexi Desk
  • Serviced Office
  • Physical Office for lease
  • Physical Office for sale
  • Retail shop space for lease
  • Retail shop space for sale

A Free Zone license will give you 100% ownership of your company and complete control of your business. Incorporating your business in a Free Zone also tends to be a cheaper and easier process.

An advantage of a Non Free Zone setup is that this type of license allows you to freely operate in any area of the UAE. Even though a local Emirati sponsor who would have 51% ownership of your company, certain businesses simply work better with a Non Free Zone license. In other words, when you have a Free Zone license, you are allowed to operate only within that Free Zone but with a Non Free Zone license, you will not be restricted to one area.