AJMAN FREE ZONE

Ajman free zone company formation in uae

AJMAN FREE ZONE COMPANY FORMATION

Ajman Free Zone is a popular free zone located in the Emirate of Ajman, UAE. It offers a range of benefits for businesses looking to establish a presence in the UAE, including 100% foreign ownership, zero personal and corporate tax, and no restrictions on capital repatriation.

Ajman has several free zones that offer a range of benefits to businesses, including 100% foreign ownership, zero corporate and personal tax, and no restrictions on capital repatriation.

Benefits of a Ajman Free Zone Company

Types of Business License

In Ajman FreeZone, businesses can obtain various types of licenses based on their specific activities and operational requirements. Here are some major types of licenses available in Ajman Free Zone:

  1. Trading License: This license is suitable for businesses engaged in trading activities, including import, export, distribution, and storage of goods within Ajman Free Zone.

  2. Industrial License: Issued to companies involved in manufacturing, processing, and production activities. It allows businesses to set up industrial facilities within the free zone.

  3. Professional License: Designed for service-oriented businesses such as consultants, freelancers, and professionals in various fields, including legal, accounting, and marketing.

  4. E-commerce License: Tailored for businesses engaged in online trading and e-commerce activities, allowing them to operate and expand their digital presence within the free zone.

  5. National Industrial License: This license is granted to manufacturing and industrial businesses that meet specific criteria related to local value addition. It supports companies contributing to the economic development of the UAE.

Free Consultation

    Ajman Free Zone Company Formation Process

    Choose a Business Activity

    The first step is to choose a business activity that is allowed in Ajman Free Zone. There is a wide range of business activities available, including trading, manufacturing, and services.
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    Step 01

    Choose a Company Type

    Choose the type of company that you wish to establish in Ajman Free Zone, either an FZE, FZC, branch of a foreign company, or branch of a local company.
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    Step 02

    Choose a Company Name

    Choose a unique company name that is not already registered with Ajman Free Zone.
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    Step 03

    Submit Required Documents

    Submit the required documents,
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    Step 04

    Obtain Initial Approval

    Once the documents are submitted, Ajman Free Zone will review and provide initial approval.
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    Step 05

    Sign the Lease Agreement

    Sign the lease agreement for the office or warehouse space in Ajman Free Zone.
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    Step 06

    Obtain Final Approval and License

    After signing the lease agreement, Ajman Free Zone will provide final approval and issue the business license.
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    Step 07
    Types of Companies allowed in Ajman Free zone
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    Ajman FreeZone offers several types of companies for investors to choose from:

    An FZE is a company with a single shareholder, either an individual or a corporate entity.

    An FZC is a company with two to five shareholders, either individuals or corporate entities.

    A foreign company can establish a branch in Ajman Free Zone.

    A local company can also establish a branch in Ajman Free Zone.

    Document Required for Company Formation in Ajman Freezone

    The specific documents required for company formation in Ajman FreeZone may vary based on the type of business and the chosen business structure. However, here is a general list of documents commonly required:

    1. Completed application form for company formation.
    2. Passport copies of shareholders, directors, and other key personnel.
    3. Copies of UAE residency visa and Emirates ID for shareholders and directors.
    4. A detailed business plan outlining the nature of the business, proposed activities, and financial projections.
    5. A copy of the MOA, which outlines the company’s objectives and structure.
    6. A copy of the AOA, which details the rules and regulations governing the company’s internal affairs. 
    7. Certificate confirming the reservation of the proposed trade name for the company.
    8. If applicable, a No Objection Certificate from the current sponsor of any shareholder or director.
    9. A bank reference letter for each shareholder or director.
    10. Proof of address for shareholders and directors, which may include utility bills or a tenancy contract.
    11. Specimen signature of shareholders and directors.
    12. If someone is appointed to act on behalf of the shareholders or directors, a Power of Attorney may be required.
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