Ajman FZ Company Formation – Company Setup in Ajman Free Zone
Ajman Free Zone was established in 1988 in the administrative center of the emirate of the same name. Ajman is 40 kilometers from Dubai and is one of the cargo transportation centers due to its large port.
Well-developed infrastructure and a great quantity of commercial immovable property available for leasing made AFZ one of the most sought-after zones for the incorporation of trade and production companies.
- no profit tax;
- no mandatory audit requirement;
- quick company incorporation;
- possibility to obtain a resident visa for company’s shareholders and employees;
- lots of options in regard to offices and warehouses;
- good offers for freelance licenses and visas;
- low ranking of the zone among banks;
- minimum authorized capital is AED 185 000 (approximately USD 50 300);
- no need to prove authorized capital payment to register a company.
- Choose a company name to be checked for availability (at least 2 names)
- Define a company structure (director, shareholders, and manager)
- Define the company’s license type aligning with its activities
- Choose your office type: Flexi desk, E-Office, Executive office
- Providing documents for directors / shareholders / attorneys (either originals or notarized copies)
- Pay all the necessary fees
- Sign the corporate documents
- Get the originals and the company seal
At incorporation an office lease contract is necessarily entered into between the company and the administration of the free zone. The address of such office is considered the official registered address of the company. The company also has the right to take on lease additional office, production or warehouse premises in the territory of AFZ.
Our specialists are ready to assist you with selection of an office or other premises in the territory of the free zone at your request.
A company may obtain licenses of the following categories – Business Invest, Commercial, E-Commerce, Educational, Professional, Industrial, Media and Services.
Some licenses require consent of the relevant regulator, for instance, a number of production licenses require consent of the environmental service of the UAE or certain ministry.
*A business plan may also be required; it shall be provided if the client has decided to incorporate a company with a service, industrial or e-commerce license.
*This fee does not include the fees charged by the Free Zone for registering a company and issuing a licence.
**Annual renewal of a company is AED 9 180. This fee does not include the fees charged by the Free Zone for the license renewal.