Ajman Free Zone

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Ajman free zone license – Your gateway to a future of success

Ajman is a rapidly developing city in the UAE, with a promising economy and a government determined to diversify and expand its local market. Recently, the emirate has been experiencing economic and infrastructural growth, as more investors are beginning to realise the immense potential of the emirate to be an economic hub. It is strategically located at the mouth of the Arabian Gulf, seated next to Dubai and Sharjah. This gives it easy access to four maritime ports and two international airports that are operational 24 hours a day, 7 days a week. The local port has also been seeing increased activity, serving as a transport hub for both local and international shipments. As such, business setup in Ajman is becoming an increasingly attractive proposition for investors who are looking to get involved in trade with the smaller regional markets. If you are looking for experts in license acquisition and company setup, there is one name you can count on – Business Setup Consultants.

Comprehensive business solutions, from license acquisition to marketing

Combining industry experience with technical expertise, we have developed a proficiency for navigating the bureaucratic labyrinth of setting up a company in order to expedite the process for you. Our team of in-house setup specialists can provide you with comprehensive end-to-end support, so you can hit the ground running immediately on opening day. Our range of services includes the following:
  • Company registration
  • Company incorporation
  • Professional document clearing services
  • Marketing and advertising services
  • Processing and application for bank account
  • Visa renewal or application
  • Free zone license application

Benefits of business setup in Ajman

There are many benefits to establishing a company in Ajman free zone. One of the main benefits of this type of establishment is the reasonable cost of operations. Raw materials are readily available from local markets, which makes stocking up on supplies and resources affordable and easy. Another benefit is the availability of developed technological infrastructures at highly affordable office rental facilities. These conditions make for an excellent environment for growth.

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ADVANTAGES OF SETTING UP IN AJMAN FREE ZONE

  • Cheap energy
  • The most economical wage structure and easy access to vast work force
  • Total exemption from all import and export duties
  • Total elimination of all service charges and hidden fees
  • Exceptionally low handling charges
  • 20 years land contract is renewable for another 20 years guaranteeing 40 years tax and customs free operations
  • Low lease prices
  • World class infrastructure
  • Lowest tariffs in the region

CHARACTERISTICS

LEGAL ENTITIES PERMITTED
Free Zone Establishment (FZE), Free Zone Company (FZC), Branch of a foreign Company (BFC), and Branch of a UAE Company (BLC).

TYPE OF LICENSES ISSUED
Trading, Services, Industrial & Commercial

SHAREHOLDERS
One Shareholder for FZE. Minimum two and maximum five for FZC

SHARES
No bearer shares will be allowed. All shares must be fully paid when allocated. No different classes of shares allowed.

SHARE CAPITAL
Minimum AED 185,000 for FZE / FZC

DIRECTORS
Minimum number of Directors Two and Maximum four. No corporate directors allowed.

MANAGER
Every FZE / FZC company shall have a manager. It should be a natural person and his name shall be on license and must be on the visa of the company.

RESTRICTIONS ON NAME
Names must end with the word “FZE, FZC, BFC or BLC” as the case may be. Location names and religious words are prohibited.

PRESENCE
The shareholder has to be physically present either himself or through an attorney at the Free Zone.

AUDIT
It is not compulsory for the company to submit audited financial reports to the Free Zone at this stage

FACILITIES OFFERED
Office units, Warehouse, Land & Harbour.

VISA ELIGIBILITY
Employee Visa depending on size of office, type of company and activity. Investor Visa is available for those above 60 years of age

GOVERNING LAW
Companies are subjected to the UAE law in general and for some specific functions law of the Emirates of Ajman.

OTHER SERVICES
Driving License, and other functions will need to be from the relevant Ajman Government Department.

DISTANCE FROM DUBAI
40 kms

DOCUMENTATION

A FREE ZONE ESTABLISHMENT (FZE): 1 shareholder

  1. Provision of 5 proposed names
  2. A passport copy that is valid for 6 months minimum. Entry visa stamp copy (or) entry visa copy (or) residence visa copy (or) cancelled visa documentation copy (if applicable).
  3. 10 color passport size photographs with white background
  4. A No Objection Letter from the sponsor in case the applicant has a valid residence in UAE
  5. A 2 page business plan if it’s a professional or e-commerce license. 1 paragraph description of the nature of the business if it’s a commercial trading or general trading company
  6. Application Form

A FREE ZONE COMPANY (FZC): 2+ shareholders, maximum 4 shareholders

  1. Provision of 5 proposed names
  2. Passport copies that are valid for 6 months minimum, for each partner. Entry visa stamp copy (or) entry visa copy (or) residence visa copy (or) cancelled visa documentation copy (if applicable).
  3. 10 color passport size photographs for all partners with white background
  4. A No Objection Letter from the sponsor in case the applicant has a valid residence in UAE
  5. A 2 page business plan if it’s a professional or e-commerce license. 1 paragraph description of the nature of the business if it’s a commercial trading or general trading company
  6. Application Form

A BRANCH OF A LOCAL COMPANY (BLC):

  1. A passport copy that is valid for 6 months minimum, for the representative or manager of the company. Entry visa stamp copy (or) entry visa copy (or) residence visa copy (or) cancelled visa documentation copy (if applicable).
  2. 10 color passport size photographs with white background
  3. An original Trade License
  4. An original Membership Certificate with the respective Chamber of Commerce
  5. An original Commercial Registration Certificate
  6. A 2 page business plan if it’s a professional or e-commerce license. 1 paragraph description of the nature of the business if it’s a commercial trading or general trading company
  7. Application Form

Note: The parent company must have been active for at least 1 year prior to opening a branch.

A BRANCH OF A FOREIGN COMPANY (BFC):

  1. A passport copy that is valid for 6 months minimum, for the representative or manager of the company. Entry visa stamp copy (or) entry visa copy (or) residence visa copy (or) cancelled visa documentation copy (if applicable).
  2. 8 color passport size photographs with white background
  3. A Registration Certificate issued by the competent authority in the country in which the company is registered
  4. Contract of association of the company
  5. A resolution issued by the competent authority to the company for carrying out the activity in the Free Zone and
  6. Appointment of a representative or manager by virtue of a duly attested Power of Attorney
  7. A 2 page business plan if it’s a professional or e-commerce license. 1 paragraph description of the nature of the business if it’s a commercial trading or general trading company
  8. Application Form

The parent company must have been active for at least 1 year prior to opening a branch.
Note: Documents mentioned in nos. 3, 4 and 5 with respect to the foreign companies shall be attested by the UAE Embassy in the concerned country and the Ministry of Foreign Affairs in the UAE.

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