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Ajman Free Zone

AFZA Ajman Free Zone

It is the smallest free zone but one of the most developed in the UAE. The Ajman Free Zone was established by His Highness Sheikh Humaid Bin Rashid Al Nuaymi, Ruler of Ajman by Amir Decree No. 3 of 1996 and was given autonomous status. The Ajman Free Zone has a strategic location which gives it the advantage of serving both Western and Eastern markets.

Businesses from Ajman Free Zone have access to 4 seaports and 2 international airports, so business is growing rapidly in this area. All rules and regulations in the Ajman Free Zone are adopted and managed by the Ajman Free Zone Authority (AFZA). The entire process of establishing a company in the Ajman Free Zone and granting business permits to companies is controlled and managed by the Ajman Free Zone Authority.Businesses from Ajman Free Zone have access to 4 seaports and 2 international airports, so business is growing rapidly in this area. All rules and regulations in the Ajman Free Zone are adopted and managed by the Ajman Free Zone Authority (AFZA). The entire process of establishing a company in the Ajman Free Zone and granting business permits to companies is controlled and managed by the Ajman Free Zone Authority.

The Benefits of Setting Up a Business in Ajman Free Zone

The strategic and cost-effective location of this free trade zone makes it attractive for investors around the world to invest in various sectors and for the business community to start their new ventures. Businesses in the Ajman Free Zone enjoy the following benefits:

  • No hidden charges
  • Pre-built offices, smart offices, and warehouses to facilitate companies
  • No currency restrictions
  • No quotas or foreign exchange controls
  • Companies have 24-hour security service
  • Simple staffing and recruitment procedure for employment by companies
  • Companies have access to other services like bank, postal, and advanced communication facility
  • Companies in Ajman Free Zone enjoy total exemption from customs duty for goods and services
  • Foreign companies can have 100% ownership
  • Provision of 100% repatriation of capital and profits
  • Liberal economic policies and legal framework
  • Labour cost is low
  • Corporate tax is fully exempted for companies
  • Personal income tax is also exempted
  • Total exemption even on import-export tax
  • Ajman Free Zone Authority has set business-friendly laws for companies
  • The process for setting up a business in Ajman Free Zone is easy and cost-efficient
  • The immigration process is simplified and quick for workers
  • AFZA has provided single-window clearance for multiple government services like licensing, visa services, immigration, etc.

Quick Query

Business Activities in Ajman Free Zone

AFZA welcomes numerous financial and professional business activities. Here are some of the available business options for entrepreneurs and foreign investors:

  • Consultancy
  • Delivery Services
  • Project Management
  • Education
  • Hospitality
  • Translation Services
  • Trading
  • E-commerce
  • IT Infrastructure
  • Advertising
  • Marketing
  • Accounting and Bookkeeping
  • Waste Management
  • Transport
  • Industrial
  • Web Design

Type of Business License Available in AFZA

The Ajman Free Zone Authority (AFZA) has 4 types of business licenses issued depending on the type of business environment:

1. Trading License

Trade permits are issued to people who carry out commercial activities in the free zone area. Businesses can add 3 activities to the license issued by the Ajman Free Zone Authority.

2. E-Commerce License

A company looking to get into e-commerce or start an online business can opt for an e-commerce license. It also provides marketing and technical support to investors.

3. Professional License

Any UAE or foreign companies wishing to establish their business in the provision of PRO services such as IT, management or marketing consulting in Ajman Free Zone are required to obtain a professional license to start their business.

4. Industrial License

All companies involved in the production of goods are required to obtain an industrial permit from the Ajman Free Zone Authority to open their manufacturing facilities in the free zone area. The Ajman Free Zone Authority also provides warehouse and smart shop services to manufacturing companies.

5. National Industrial License

This license is granted to companies that meet the following criteria:

  • Must be registered in Ajman but work in a free zone
  • Must be registered with a member of the Gulf Cooperation Council (GCC) who owns at least 51% of the company's shares
  • At least 40% of the company's production must be done within the free zone

Companies with national industrial licenses benefit from duty-free exports to member countries of the Gulf Cooperation Council (AGC).

The Process of Setting up Business in Ajman Free Zone

Ajman Free Zone is one of the most famous destinations to start your business and has all the requirements needed for your business. But before starting your business, you need to make certain decisions like deciding on a business name, deciding on the type of business, the type of permit to obtain, preparing the required documents, and especially the location of your business in the free zone.

Simple Steps to Follow for Ajman Free Zone Company Formation

  • Submission of all required documents and obtain the permits needed as per the activity requirement of the Ajman Free Zone Authority
  • In the next step, you decide on the legal entity you want to create. There are 4 types of legal entities: Free Zone Incorporation (FZE), Free Zone Limited Liability Company (FZ LLC), Foreign Company Branch and Local Company Branch
  • You then need to apply for the registration process and visa process
  • Determine the company name and type of business to obtain a permit from the Ajman Free Zone Authority

What We Offer

Ajman Free Zone is one of the most profitable and growing free zone in UAE. Hence, without a doubt the best place for business dealings in UAE. MAD Middle East is the ultimate solution and service provider for foreign and local investors and businesses. Our team takes care of all your business incorporation requirements including services such as bank accounts, licensing, registration, documentation and other legal documents related to your business. Contact us to use our business setup service and start your dream business today!

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