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Maximize Your Business Potential in Ajman Free Zone: A Strategic Hub for Entrepreneurs and Investors

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Ajman Free Zone Business Setup

Established in 1988, Ajman Free Zone (AFZ) stands as one of the UAE’s pioneering free zones. Despite being the smallest emirate, Ajman has created a thriving business ecosystem, home to over 37,000 businesses, with more than 9,000 operating within the free zone itself — a testament to its strategic value and appeal.

Entrepreneurs gain access to 1,500+ approved business activities, enabling operations across diverse sectors such as trading, manufacturing, and services. Ajman’s supportive policies, streamlined procedures, and cost-effective solutions make it an attractive destination for startups and established companies alike.

The free zone is especially active in real estate, construction, transportation, retail, and business services, reflecting Ajman’s growth as a commercial powerhouse.

The emirate significantly enhanced its infrastructure with the opening of Ajman International Airport in 2021, strengthening regional and global connectivity. This advancement improves logistics, supports trade, and enhances overall operational efficiency for companies based in the free zone.

With a robust infrastructure, strategic location, and dynamic business environment, Ajman Free Zone continues to serve as a vital gateway for entrepreneurs and investors looking to expand across the UAE and beyond.

Ajman Free Zone Business Setup Advantages

Full Foreign Ownership

100% foreign ownership without the need for a local Emirati sponsor.

Tax Benefits

Exemption from corporate and personal income tax, as well as import/export duties.

Easy and Quick Setup Process

Efficient registration and licensing, often completed within a few days.

Wide Range of Business Activities

Supports diverse sectors including e-commerce, manufacturing, services, and trading.

Strategic Location

Proximity to major highways, seaports, and airports enhances connectivity.

Access to Modern Infrastructure

Advanced facilities include office space, telecommunications, and utilities.

Support Services

End-to-end assistance with registration, visa processing, and admin support.

Networking Opportunities

Collaborative environment promoting business growth and partnerships.

Licenses Available in Ajman Free Zone

✅ Commercial License: For companies involved in trading, import/export, wholesale, and retail operations.

✅ Service License: For businesses offering professional and consultancy services.

✅Industrial License: For manufacturing, production, and assembly-based operations.

✅ E-Commerce License: For online businesses and digital transaction platforms.

✅ Pioneers Package: Tailored for entrepreneurs aged between 20 and 30.

✅ Freelancer Package: Ideal for individual contractors and solo professionals.

✅ Offshore License: Suitable for businesses incorporated outside the UAE operating remotely.

Ajman Free Zone Business Setup Process

Timeline: 2 to 4 Weeks

Step 1: Choose a Business Activity

Select the appropriate business activity and license type.

Step 2: Select a Company Name

Reserve a unique trade name as per Ajman Free Zone Authority (AFZA) regulations.

Step 3: Prepare Required Documents

Gather all necessary documentation for the application.
 Takes 1 to 3 days

Step 4: Submit Application for License

Submit your completed application and documents to AFZA.
 Takes 1 to 2 days

Step 5: Receive Initial Approval

Await initial review and approval of your application.
 Takes 1 to 2 days after submission

Step 6: Sign the Lease Agreement

Finalize your office or warehouse lease with the free zone.
 Takes 1 day

Step 7: Payment of Fees

Settle license and registration fees.
 Takes 1 day

Step 8: Receive Business License

A business license is issued upon payment confirmation.
 Takes 1 to 2 days

Step 9: Obtain Visas and Other Permits

Apply for residence visas and any specific permits as needed.
 Takes 1 to 3 weeks

Documents Required in Ajman Freezone

Required documents vary based on the legal structure of the business: FZE, FZCO and Branch Office.

Document TypeFZE (Free Zone EstablishmentFZC (Free Zone Company)Branch Office
Passport copies of shareholdersRequired (single shareholder)Required (multiple shareholders)Parent company’s directors/shareholders
Passport copies of managersRequiredRequiredRequired
Personal Information FormRequired for shareholder and managerRequired for shareholder and managerRequired for branch manager
Visa/Emirates ID copies (for UAE residents)Required if applicableRequired if applicableRequired if applicable
Business PlanRequired for certain activitiesRequired for certain activitiesRequired for certain activities
Board Resolution (Parent Company)Not applicableNot applicableRequired (to establish a branch)
Certificate of Incorporation (Parent Company)Not ApplicableNot ApplicableRequired
Memorandum and Articles of Association (MOA/AOAStandard MOA provided by AFZStandard MOA provided by AFZParent company’s MOA required
Shareholder ResolutionRequired for company establishmentRequired for company establishmentNot applicable
Lease AgreementRequired (for office or warehouse space)RequiredRequired
Company Name ReservationRequiredRequiredRequired
No Objection Letter (if applicable)Required for UAE residents if applicableRequired if applicableRequired if applicable
Bank Reference LetterRequired for shareholderRequired for all shareholdersNot applicable

License Cost in Ajman Free Zone

The cost of establishing a business in the Ajman Free Zone varies based on the type of license selected. The starting price for all licenses begins at AED 5,500, making it a highly cost-effective option for entrepreneurs and companies entering the UAE market.

In addition to the license fees, other potential expenses to consider include office space, which can differ significantly depending on location, size, and facilities. Additional costs may include visa and permit processing fees, as well as local sponsor fees if applicable.

Note: The price mentioned is indicative and may vary depending on individual business requirements. For a detailed and accurate cost breakdown tailored to your needs, please connect with our expert consultants.

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Frequently Asked Questions (FAQs)

About Outsourced Accounting & Bookkeeping

Why should I outsource my accounting and bookkeeping needs?

Outsourcing your accounting and bookkeeping tasks to professionals like Gloace Fintax Consultants offers several benefits, including cost savings, access to expertise, improved accuracy, and the ability to focus on core business activities.

How does Gloace Fintax Consultants ensure the security of my financial data?

At Gloace Fintax Consultants, we take the security of your financial data seriously. We employ stringent security measures, including encryption, firewalls, and access controls, to safeguard your data against unauthorized access or breaches.

Can Gloace Fintax Consultants customize its services to meet my specific business needs?

Yes, absolutely. We understand that every business is unique, which is why we offer tailored accounting and bookkeeping solutions to meet your specific needs and goals. Whether you need basic bookkeeping services or comprehensive financial management, we’ve got you covered.

What are the costs associated with outsourcing accounting and bookkeeping to Gloace Fintax Consultants?

The cost of our services depends on factors such as the complexity of your financial needs, the volume of transactions, and the level of support required. We offer transparent pricing and will work with you to develop a customized service package that fits your budget.

How can I get started with Gloace Fintax Consultants?

Getting started with Gloace Fintax Consultants is easy. Simply contact us to schedule a consultation with one of our experts. We’ll discuss your needs, assess your current financial situation, and develop a customized plan to help you achieve your business goals.
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