Ajman Free Zones2024-10-03T15:51:03+04:00

UAE MAINLAND

AJMAN FREE ZONES

What is the significance of having a UAE mainland firm, and what does it represent?

Ajman free zones are a favored option for business owners, investors, and entrepreneurs because of their efficient and cost-effective business solutions.

Ajman Free Zones

UAE Mainland

Ajman free zones are a favored option for business owners, investors, and entrepreneurs because of their efficient and cost-effective business solutions.

What is the significance of having a UAE mainland firm, and what does it represent?

The Ajman, one of the seven emirates that make up the United Arab Emirates. It was established in 1988 to provide businesses with a fully serviced, tax-free operating environment. With the capacity to accommodate 1500 companies and serving over 1,000 vessels a year, Ajman Port and Ajman Free Zones are major contributors to the emirate’s economy. Exporting to over 65 countries, the Free Zone’s companies make up approximately 20% of the UAE’s overall industrial units, with some 256 industrial companies operating from the zone.

Ajman Free zones provides competitive packages and facilities that help businesses to grow by facilitating development and expansion through modern solutions, quick license set-up processes, and competitive prices at low costs, among other benefits. The free zone adds value to businesses by providing efficient, technology-driven facilities and services that allow them to start up operations swiftly and conveniently. It operates a one-stop service center for companies looking to start their operations, providing them with a perfect workspace and all of the necessary operational permits. Free zones also support firms in obtaining licenses, renewing them, and meeting other government requirements. More foreign companies and Many investors are attracted to Ajman Free zone by its wide variety of license options, which are supported by integrated packages of services, marketing campaigns, and outstanding business support services.

Thus, the businesses that are covered by Ajman’s free zones include small companies, media, and logistics. Right now, entrepreneurs and business owners have the option of setting up their enterprises in any of the following zones:

• Ajman Free Zone (AFZ)

• Ajman Media City Free Zone

If you need more information, feel free to connect with Business Setup Consultants to experience a hassle-free business in Ajman Free Zone.

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Latest articles

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.

 

Ajman Free Zones

Businesses in the Ajman Free Zone focus on the following sectors: Food & Beverage, Automotive, Health & Beauty, Construction, Agriculture, Education.

 

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:

 

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Ajman Free zones For Your Company Formation?

Ajman Free Zones is a shining example of innovation and economic progress. It is a perfect location that makes it simple to reach important transportation hubs, which promotes smooth commerce, and logistical operations makes it a must choice to choose over other emirates.

AFZ, A digital business system that will assist 9,000+ businesses and institutions that established the Artificial Intelligence and Robotic Hub to bring advanced and new technology. Ajman Media City Free Zone has been formed with an aspiration to create a dependable, harmonious and a professional environment for businesses and individuals alike.

Establishing a business or a company in the free zones of Ajman have many advantages, including strong infrastructure, support services, financial savings, and strategic advantages.

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!

  • Passport copies of shareholders and managers.
  • Passport-sized photos of shareholders and managers.
  • Residence Copy / Entry Stamp / Visit Visa Copy.
  • Business plan (sometimes required).
  • No Objection Certificate (NOC) from the current sponsor if the shareholder has a UAE residency visa.

Your Guide To Setting Up A Free Zone Business In UAE

Your business setup checklist is ready. Let’s launch your business with success!

  • 1
    Decide on your business venture.
  • 2
    Choose the best UAE location for your company
  • 3
    Choose the legal framework for your company.
  • 4
    Give your business name.
  • 5
    Apply for Initial Approval.
  • 6
    Prepare Legal Documents.
  • 7
    Lease Office Space.
  • 8
    Obtain Licenses.
  • 9
    Open a Corporate Bank Account.
  • 10

    Apply for the number of visas your company will require.

  • 11

    Register for VAT (if applicable)

We Business Setup Consultants will assist you to launch your project in the UAE Free Zones from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

We Business Setup Consultants will assist you to launch your project in the UAE from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Ajman Free Zones

What are the steps to obtain new Visa for a new employee?2024-06-26T07:12:17+04:00

First, apply for a new “Entry permit,” then apply for a “Visa status amendment,” and then apply for the “new Residency Visa stamping. ” For convenient Assistance, you can Connect with Business setup Consultants.

Can I really do any type of business in Ajman Free Zones?2024-06-26T07:13:07+04:00

Yes, Ajman Free Zones welcomes a diverse range of businesses, from startups to successful enterprises, across various industries. Like in technology, manufacturing, logistics, or in services, you will find a supportive environment, favorable regulations, and world-class infrastructure to develop your business.

Are there any services or special programs for businesses formed in Ajman Free Zones?2024-06-26T07:14:21+04:00

Yes, Ajman Free Zones periodically offers incentives, discounts, and special programs to attract investors and support the growth of businesses within the free zone.

Are there any restrictions on foreign ownership in Ajman Free Zones?2024-06-26T07:15:11+04:00

No, Ajman Free Zones allows 100% foreign ownership, providing an attractive environment for international investors. Indeed, Ajman Free Zones provides liberal policies which allows international investors to fully own their businesses without any restrictions on foreign ownership. This approach can foster an environment for global entrepreneurs and encourages investment and economic growth within the free zones.

Is auditing mandatory for Ajman free zone companies?2024-06-26T07:16:25+04:00

Yes, Ajman Free Zone enterprises are required to conduct audits. Businesses operating in the Ajman Free Zone are expected to submit yearly financial audits, just like businesses in many other jurisdictions, in order to verify whether they are following rules and accounting standards. Within the free zone’s business environment, this procedure aids in preserving financial accountability, honesty, and transparency.

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