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Ajman Free Zone Company Formation

Ajman Free Zone Company Formation

Ajman Free Zone (AFZ) is one of the most affordable and business-friendly free zones in the UAE, making it a popular choice for entrepreneurs, startups, and investors. Established in 1988, AFZ has grown into a thriving business hub, supporting over 10,000 companies from more than 160 countries. 

Many investors prefer Ajman Free Zone because it offers 100% foreign ownership, full repatriation of profits, and zero corporate and personal income tax. Ajman free zone company formation process is quick and hassle-free, often taking just a few days. Businesses also benefit from low-cost office spaces, warehouses, and smart business solutions, making it an ideal place for small and medium enterprises (SMEs), traders, and service providers. 

Overview of Ajman Free Zone 

Ajman Free Zone (AFZ) is one of the UAE’s most cost-effective and business-friendly free zones, attracting entrepreneurs, startups, and investors from across the globe. One of the biggest advantages of setting up a company in Ajman Free Zone is its strategic location. 

Situated close to Dubai and Sharjah, AFZ provides easy access to key markets in the Middle East, Africa, and Asia. It is also near Ajman Port, one of the UAE’s busiest shipping hubs, offering excellent connectivity for import and export businesses. 

AFZ is designed to support businesses with low-cost office spaces, warehouses, and smart business solutions. The free zone offers flexible setup options with minimal paperwork, making it easier for businesses to launch quickly. 

Industries and Business Activities Permitted in Ajman Free Zone 

Ajman Free Zone supports a wide range of industries, catering to businesses of all sizes. Some of the Ajman free zone activity list includes: 

  • Trading and General Trading 
  • Manufacturing and Industrial Businesses 
  • Logistics and Distribution 
  • E-commerce and Online Businesses 
  • Consultancy and Professional Services 
  • Technology and IT Services 
  • Media and Creative Industries 
  • Education and Training Institutes 

The free zone offers specialized licenses for businesses in these sectors, making it easier for investors to operate within a regulated framework. 

Why Should You Start Business in Ajman Free Zone? 

AFZ provides an excellent gateway, especially for Indian businesses to enter the Middle Eastern, African, and European markets. Here’s why Indian entrepreneurs should consider Ajman Free Zone for business setup: 

1. 100% Foreign Ownership and Full Profit Repatriation 

Unlike some jurisdictions that require a local partner, Ajman Free Zone allows 100% foreign ownership, giving investors complete control over their businesses. Additionally, you can repatriate 100% of your profits without any restrictions. 

2. Zero Corporate and Personal Income Tax 

One of the biggest advantages of setting up in AFZ is the tax-free environment. Companies registered here benefit from zero corporate tax and zero personal income tax. 

3. Easy Access to the GCC, Middle East & African Markets 

The UAE serves as a gateway to a market of over 2 billion people, covering the Gulf Cooperation Council (GCC), Middle East, and African regions. With Ajman Free Zone’s strategic location near Ajman Port, major highways, and international airports, Indian businesses can easily expand beyond the UAE. 

4. Fast & Simple Company Registration – Start in Just 24 Hours 

Company formation in Ajman Free Zone is quick and hassle-free. In many cases, a business license can be issued within 24 to 48 hours, allowing Indian entrepreneurs to launch operations immediately. 

5. No Import and Export Duties 

Companies in AFZ enjoy exemption from import and export duties, making it easier and more cost-effective to trade goods within the UAE and internationally. 

6. Access to UAE Residency Visas 

Business owners and employees in AFZ are eligible for UAE residency visas, allowing them to live and work in the UAE. Depending on the license type, businesses can apply for multiple visas for their staff. 

Business Licenses Available in Ajman Free Zone 

Ajman Free Zone (AFZ) offers a variety of business licenses tailored to meet the needs of different industries. Here are the main types of business licenses available in the Ajman Free Zone: 

1. Trading License 

A trading license is ideal for businesses involved in buying, selling, importing, and exporting goods, the trading license allows companies to operate within the UAE and internationally. No customs duties for re-exported goods. 

2. General Trading License 

A general trading license covers multiple product categories, making it perfect for companies that deal with a wide range of goods. The license allows trading of various goods under one license. 

3. E-Commerce License 

Ajman E-commerce license is designed for online businesses and digital entrepreneurs, this license is perfect for startups looking to sell products or services through e-commerce platforms. 

4. Industrial License 

An industrial license is required for manufacturing, processing, packaging, and assembling activities in the Ajman Free Zone. The license allows businesses to set up factories, warehouses, and production units. 

5. Freelance License 

Ajman Free Zone offers a freelance permit for individuals who want to work as independent professionals in fields like media, technology, consulting, and design. 

Documents Required for Ajman Free Zone Company Formation 

Ajman free zone license requirements depend on your business type and legal structure. Here’s what you typically need: 

  • Passport copy of all shareholders (valid for 6+ months) 
  • Visa & Emirates ID copy, if applicable 
  • Passport-size photo 
  • Business plan (for some activities) 
  • Bank reference letter 
  • Lease agreement (if renting office space) 
  • NOC (for UAE-employed applicants) 
  • Parent company incorporation certificate (if applicable) 

Ajman Free Zone Company Formation Process 

Ajman Free Zone company setup offers an easy and straightforward process for entrepreneurs looking to establish their business in the UAE: 

1. Choose Your Business Activity 

The first step is to select your business activity. This will determine the type of license you need. Ajman Free Zone supports a wide range of industries, including: 

  • Trading (import/export, wholesale distribution) 
  • E-commerce (online stores, digital businesses) 
  • Services (IT, consultancy, education, healthcare) 
  • Manufacturing & Industry (production units, factories) 

Ensure your business activity is aligned with AFZ’s permitted activities. 

2. Select a Company Structure 

Choose the legal structure for your business: 

  • Free Zone Establishment (FZE): For a single shareholder or investor. 
  • Free Zone Company (FZC): For two or more shareholders (individuals or entities). 
  • Offshore Company: For international companies looking to have a presence in the UAE without physical operations. 

3. Receive Initial Approval 

Next, you’ll need to prepare and submit the required documents for your company registration. Once the documents are submitted, Ajman Free Zone will review your application. If everything is in order, you will receive an initial approval for business setup. 

4. Get Your Ajman Business License 

Once all payments are processed and documents are signed, Ajman Free Zone will issue your business license. This license grants you the legal authority to operate your business within the free zone. 

5. Apply for Visas & Open a Bank Account 

With your business license in hand, you can apply for residency visas for yourself and your employees (if needed). Ajman Free Zone offers easy visa processing for investors, employees, and dependents. Additionally, you will need to open a corporate bank account to manage your finances. Ajman Free Zone has partnerships with major UAE banks to help you set up an account quickly and efficiently. 

Ajman Free Zone Company Setup Cost  

The Ajman Free Zone company setup costs typically range from AED 5,000* to AED 25,000*. However, the overall costs may vary based on factors such as the number of visas, rental space, and the nature of your business activity. With affordable office options, low business setup costs, and various packages available, Ajman Free Zone remains one of the most cost-effective places for business setup in the UAE. 

Shuraa Business Setup offers a variety of Ajman Free Zone business setup packages tailored to different business needs. Contact us today for your Ajman Free Zone company setup. 

Ajman Free Zone Company Registration with Shuraa India

Ajman Free Zone company formation is an excellent choice for entrepreneurs starting a business in the UAE. Entrepreneurs and investors can take advantage of tax exemptions, easy access to both local and international markets, and a wide variety of business licenses. 

At Shuraa India, we have over 25+ years of experience helping entrepreneurs set up their businesses in the UAE. We make the process easy, from handling the paperwork to getting the necessary approvals. Our team offers customized solutions and full support for licensing, visas, and banking. Let us guide you through every step of your business journey in Ajman Free Zone. Get in touch with us today to start your business. 

 

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