For you If:
- You want UAE Residency
- You want to rent office space
- You want to hire employees
- You want to trade with other Free Zone companies
Free Zone Business Setup in Ajman
Ajman Free Zone was established in 1988 and granted autonomous status under the Amiri Decree No.3 of 1996 issued by Sheikh Humaid Bin Rashid Al Nuaimi, ruler of Ajman with the Ajman Free Zone Authority named as the sole regulatory agency. The formation of the Authority in 1996 gave impetus to industrial activity in the economic zone, allowing it to claim the title to being one of the fastest growing Free Zones in the region. A massive development plan spread over one million square metres is under progress which on completion will be able to accommodate 9,000 companies. Ajman's proximity to Sharjah and Dubai provides easy accessibility to the two international airports and four ports. Ajman Port serves over 1,000 vessels per year, with twelve berths. AFZ offers a very competitive pricing structure and fast turnaround times.
Consultation with Alpha Management; We will help you decide the best jurisdiction and structure for your Offshore company.
Choose what type of license you would like to apply for, depending on the activity of the company.
We will get approval from the Free-zone for you company name and license
We will prepare all the company documentation for you to sign once we have the necessary compliance items.
We will handle the whole submission process, and oversee the entire company formation process.
Once the business setup is completed, we will guide you through the Visa process, including medical tests, driving license applications, and leasing office space if required.
Key considerations regarding Ajman free zone companies
AFZ offers trading, general trading, service and e-commerce licences with multiple office choices ranging from a smart office to self-contained executive offices. Residency visas with three-year duration are offered to investors, and two years to staff. Company formation Structures will be categorised as an establishment with one shareholder (FZE), or a company with a minimum of two and maximum of five shareholders (FZC). It is also possible to apply for free zone company formation for a branch of a foreign company and a UAE based company. A minimum of two and a maximum of four directors allowed with no corporate directors permitted.
The licence issued by AFZ for business setup is valid for operating a business within the Free Zone. You cannot use this licence to set up a business in any Emirate although it may be possible to set up a Branch elsewhere. Goods may only be sold to parties within the UAE through local agencies or distributors. However, Ajman free zone companies may conduct their affairs and trade freely outside of the UAE.
The Business Setup Process
AFZ prides itself in processing applications within a few days once security clearance is received. Clients are advised to allow up to 5 working days for free zone company formation. Visa processing takes approximately four weeks to issue Entry Permit and a further ten working days for residency visa to be stamped on passport. Alpha Management assists in the preparation of all forms including the business plan and their submission with supporting documentation. We also process visa applications including accompanying clients for medical and ID card applications. We can also assist in opening bank accounts, offer mail forwarding services and accounting support services. Please consult us for further details.