UAE MAINLAND
AJMAN FREE ZONE (AFZ)
What is the significance of having a UAE mainland firm, and what does it represent?
Ajman free zone (AFZ) is a top commercial destination in the area and a major driver of the economic growth of both the emirate and the United Arab Emirates.
AJMAN FREE ZONE (AFZ)
UAE Mainland
Ajman free zone (AFZ) is a top commercial destination in the area and a major driver of the economic growth of both the emirate and the United Arab Emirates.
What is the significance of having a UAE mainland firm, and what does it represent?
Ajman Free Zone (AFZ) was established in 1988 and is a vibrant, independent ecosystem that provides investors and enterprises with a sustainable setting to accelerate their growth goals. Ajman, located on the Arabian Gulf coast, is one of the world’s most connected cities. It boasts two nearby international airports and Ajman Port, which accommodates over 1,000 modern ships each year. Modern infrastructure, creative industrial clusters, and well-planned highways all contribute to its attraction as a worldwide business location. According to Ajman Vision 2021, it was introduced in conjunction with the UAE’s sustainable emirate’s development objectives, it concentrates on five key areas, including industry, travel, media, transportation and logistics, and outsourcing.
One of the top international destinations for luring investment to the Emirates of Ajman is the Ajman Free Zone. This vibrant free zone is the perfect place for entrepreneurs and investors from all over the world to locate themselves because of its basic values of innovation, encouraging confidence, and adaptability. Ajman Free Zone prioritizes innovation, always looking for fresh approaches to enhance its services and add value for its customers. Because of this dedication to innovation, companies operating in the free zone are guaranteed access to state-of-the-art tools and procedures.
An additional competitive advantage of the free zone is the AFZ+. With the help of these value-added services, AFZ’s more than 50 strategic partners provide its business partners immense expansion prospects and assistance in carving out a position in the market.
It provides businesses and investors with a wide range of services, including banking and finance, insurance, business support, fitness and health, and facilities and assistance.
Advantages Of Business Setup in Ajman Free Zone (AFZ)
Types Of UAE Free Zone Trade Licence
On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.
Legal Forms For Company Formation In UAE Free Zones
The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:
Why Ajman Free Zone (AFZ) For Your Company Formation?
AFZ offers a strategic and investor-friendly environment for businesses. Companies in AFZ can engage in a variety of activities, including advisory and consulting services, general trading, and property ownership under UAE laws. AFZ supports business growth with benefits like privacy, asset protection, and 100% foreign ownership, making it an attractive option for international investors, especially those from India. The ability to own a company remotely without physical presence in the UAE adds to its appeal. Business-friendly regulations and flexible legislation facilitate smooth operations and compliance with UAE laws. AFZ’s flexible regulations, competitive services, and commitment to international trade values ensure that businesses can thrive and meet their growth objectives effectively makes it a premier destination for starting a business there.
Standard Required Documents to Start the
Business Setup Process
Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!
Your Guide To Setting Up A Free Zone Business In UAE
Your business setup checklist is ready. Let’s launch your business with success!
- 1Decide on your business venture.
- 2Choose the best UAE location for your company
- 3Choose the legal framework for your company.
- 4Give your business name.
- 5Apply for Initial Approval.
- 6Prepare Legal Documents.
- 7Lease Office Space.
- 8Obtain Licenses.
- 9Open a Corporate Bank Account.
- 10
Apply for the number of visas your company will require.
- 11
Register for VAT (if applicable)
Frequently Asked Questions
Common Questions About Business Setup in the Ajman Free Zone (AFZ)