UAE Business License
Ajman Free Zone (AFZ) Company Formation
Ajman Free Zone Authority (AFZA) - A Brief
Benefits of Ajman Free Zone Company Formation
- ProximityProximity: Ajman Free Zone is strategically located near Ajman Port, as well as Dubai and Sharjah airports, ensuring smooth logistics and convenient travel.
- Digital Gateway: Fully digital business setup in Ajman Free Zone enables companies to manage operations efficiently via a streamlined online platform.
- Full Company Ownership: Investors can enjoy 100% ownership of their companies, giving complete control over business operations.
- Customer Support: Businesses benefit from 24/7 support services, ensuring uninterrupted assistance for seamless operations.
- World-Class Infrastructure: Located in a thriving commercial hub, Ajman Free Zone offers state-of-the-art infrastructure to support diverse industries and growth.
- Tax Advantages: AFZA is a tax-free zone, meaning businesses are exempt from corporate and personal income taxes.
- Flexible Leasing Options: Companies can choose from adaptable office and warehouse spaces, with the ability to scale up or down as required.
- Wide Range of Business Activities: AFZA allows engagement in multiple sectors, including manufacturing, trading, and services like consulting and advertising.
- Supportive Business Ecosystem: The free zone provides immigration assistance, business development support, and access to networking and promotional events.
- No Currency Restrictions: Businesses face no limitations on foreign currencies, facilitating smooth international trade.
- Strategic Location: With proximity to major ports, airports, and road networks, companies enjoy excellent regional connectivity.
Major Sectors in Ajman Free Zone
- Food & Beverage: Ajman Free Zone is a strategic hub for the Food & Beverage (F&B) industry, one of the largest global sectors, offering businesses excellent access to regional and international markets while contributing significantly to revenue and employment.
- Automotive: The automotive sector, a major driver of the global economy, flourishes in Ajman Free Zone, providing opportunities for strong revenue generation and long-term market growth.
- Health & Beauty: With rising consumer demand and technological advancements, the Health & Beauty industry is expanding rapidly. Ajman Free Zone serves as an ideal platform for companies to innovate and scale in this sector.
- Construction: Ajman Free Zone supports the construction industry with fully equipped offices, warehouses, business centers, and on-site accommodations, enabling businesses to shape the infrastructure of the future.
- Agriculture: Emerging as a key destination for agribusiness, Ajman Free Zone offers a conducive environment for agriculture and related commodities, fostering growth in this essential industry.
- Education: Home to over 170 education-related facilities, Ajman Free Zone plays a vital role in advancing the region’s education sector, supporting the UAE’s initiatives in educational development and reforms.
Ajman Free Zone (AFZ) Facilities
Ajman Free Zone (AFZ) offers world-class facilities designed to provide businesses with a seamless and productive working environment. Here is the list of facilities with their description given in the following table:
Facility | Description |
Executive Offices | Spacious, strategically located offices with customisation options to meet specific business needs. |
Furnished Office Spaces | Fully equipped office spaces designed for startups and expanding businesses, offering flexibility and productivity-enhancing amenities. |
Business Centre | Shared co-working space with meeting rooms, networking lounges, and collaborative work areas for startups and SMEs. |
Freelancer & Pioneers Hub | Cost-effective co-working spaces for freelancers, independent professionals, and graduates, providing flexibility and growth opportunities. |
AI Robotics Hub | A hub for AI and robotics startups offering co-working spaces, executive offices, networking events, training programs, and funding support. |
E-Commerce Hub | A dedicated space for e-commerce businesses, offering networking opportunities, business incentives, and shared workspaces. |
Eco-Friendly Warehouses | Gold LEED-certified warehouses near Ajman Port and Customs, prioritising sustainability with customisable spaces starting from 100 sq.m. |
Pre-Built Warehouses | Ready-to-use warehouses, starting from 100 sq.m., located in a designated industrial area with easy port access. |
Land Leasing | Long-term land leases (20+ years) for investors to build customised business facilities. |
Onsite Accommodation | Fully equipped accommodations with 24/7 security, air conditioning, laundry services, prayer areas, restaurants, and parking facilities. |
Ajman Free Zone (AFZ) Facilities
- Business Activity: AFZA issues licenses for different kinds of businesses such as trading, manufacturing, and service-oriented companies. The specific license required depends on what the business will do.
- Company Structure: The entity must be registered under a legal form, like a Limited Liability Company (LLC), a Branch Office, or a Free Zone Establishment (FZE).
- Ownership: At least one shareholder is mandatory, and shareholders can be either individuals or corporate entities.
- Minimum Capital: The amount of capital needed to set up in AFZA varies according to the license type selected.
- Workspace: A physical presence is required in the Free Zone—this could be a flexi desk, private office, or warehouse facility.
- Documentation: Key documents include a business plan, copies of shareholders’ passports, and for UAE residents, a no-objection certificate (NOC) from their current sponsor.
- Visa Quota: The number of visas granted depends on both the type of license and the size of the office space rented.
- Renewal: Businesses must renew their license annually, with costs determined by the license category and office space chosen.
Types of Business Structures Available in AFZ
Free Zone Establishment (FZE)
Ajman Free Zone Licenses
General Trading License
Service License
A service license is designed for businesses offering professional or specialized services, such as consultancy, logistics, insurance, travel, accounting, law, or IT. It authorizes service-based operations within the Free Zone.
Trading License
E-commerce License
Ajman Free Zone Authority (AFZA) Business Activities
- Trading: Buying and selling goods and commodities across borders.
- Industrial: Producing, assembling, or manufacturing various products.
- Service: Offering skilled or general services to clients.
- E-commerce: Conducting online sales and purchases of products and services.
- Logistics: Managing storage, shipping, and delivery of goods.
- Consultancy: Offering expert advice and solutions in specific areas.
- Media: Creating, distributing, or promoting content through publishing, broadcasting, and advertising.
- Education: Delivering teaching, training, or learning programs.
- Hospitality: Running hotels, restaurants, cafés, and tourism-related businesses.
- Health: Delivering healthcare, medical treatment, or wellness services.
Documents Required for Ajman Free Zone Company Setup
- Three suggested company names
- Valid passport copy (minimum 6 months validity) of each shareholder and director
- Recent passport-size photo (with white background) of each shareholder and director
- NOC (No Objection Certificate) from current sponsor, if the applicant is a UAE resident employee
- Business plan (mandatory for industrial and service license applications)
Setting up a Branch of a Local Company
- Passport with at least 6 months validity
- Recent passport-sized photo with a white background
- Parent company’s original trade license
- Parent company’s original Chamber of Commerce certificate
- Parent company’s original commercial registration document
- Business plan (mandatory for Industrial or Service license applications)
- No minimum capital requirement
- Memorandum and Articles of Association
- Incorporation Certificate
- Power of Attorney Document
- Resolution passed by the Board
- Passport copy of the firm’s representative/manager (valid for at least six months)
- Recent color photograph (with white background)
- Company Registration/Formation certificate issued by the respective authority in the home country
- Feasibility study/report (for Industrial and Service Enterprises)
- Bank reference letter or a letter of good standing from the current bank
Ajman Free Zone Company Formation Procedure
Step 1: Select Your Business Activity
- Free Zone Establishment (FZE): Owned by one shareholder
- Free Zone Company (FZC): Owned by more than one shareholder
- Branch of a Local Company
- Branch of a Foreign Company: Then, select the correct license type according to your business operations — whether commercial, industrial, or professional.
- Copy of passport
- Passport-sized photograph
- Residential address, contact number, and email ID
- Company name along with business activity information
- Business License
- Chamber of Commerce Certificate
- Office Lease Agreement
- Memorandum of Association (if there are multiple partners) These documents are essential for setting up a corporate bank account in Dubai. Keep in mind, at least one shareholder must be a UAE resident to open the account.
Step 10: Complete Medical Examination and Submit Visa Documents
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