Ajman Free Zone is one of the oldest and most well-known Free Zones in the UAE. Located just 40 minutes from Dubai, it offers an ideal location for foreign investors seeking global opportunities. The Ajman Free Zone Authority (AFZA) oversees this jurisdiction, handling license issuance and regulatory management. Here are some of the benefits of conducting business in Ajman Free Zone:
- 100% Foreign Ownership
- Low Corporate Tax
- Low Lease Prices
- World-Class Infrastructure
- Low Cost of Living
- Quick and Easy Registration
- Convenient Access to Dubai, Sharjah, and Ras Al Khaimah
YUGA Accounting & Tax Consultancy is proud of its decades of experience in guiding investors through the business formation process in Ajman. We manage the entire process, ensuring that your business setup experience is seamless and stress-free.
Select the Right Business License Type:
Ajman Free Zone provides business licenses tailored to various industries and professions. These include:
01) Professional License
A Professional License is for individuals and firms offering professional services such as consulting, legal, IT, accounting, and other specialized services. This license allows professionals to legally establish their presence and conduct business activities within the Ajman Free Zone.
02) National Industrial License
The National Industrial License is specifically designed to encourage and support UAE nationals in establishing industrial ventures within the Ajman Free Zone. This license offers incentives and benefits tailored to national entrepreneurs, financial incentives, including ownership privileges and access to specialized support services.
03) Industrial License
An Industrial License is for businesses involved in manufacturing, production, and industrial activities. This license permits companies to establish manufacturing facilities, engage in industrial processes, and produce goods within the Ajman Free Zone.
04) Trading License
A Trading License in the Ajman Free Zone is designed for businesses involved in buying and selling physical goods within the UAE or internationally. This license permits companies to engage in distribution, import, export, and wholesale trade activities.
05) E-Commerce License
An E-Commerce License caters to online retail and electronic commerce businesses. This license enables companies to operate virtual stores, sell products or services online, and conduct digital transactions securely.
Required Documents and Steps to Obtain Your Business License in Ajman Free Zone
Getting your business license in the Ajman Free Zone is designed to be straightforward and hassle-free. Here are the steps you’ll need to follow and the documents you’ll need to obtain your license:
Steps to Get Your Business License in Ajman Free Zone
- Submit Application with Documents
- Pick the Right Trade Name for You
- Choose Your Legal Structure
- Apply for Visa
- Pay Fees and Receive Approval
Required Documents
- 6 Months Bank Statements Of The Shareholders
- Passport Copies Of Shareholders
- Personal Profile Of Shareholders
- Proof Of Address Of Shareholders
- KYC Application
Business Structure Types in Ajman Free Zone
When you set up your Free Zone business in Ajman, you’ll be required to structure it in one of several ways:
01) Free Zone Company (FZC)
A Free Zone Company (FZC) is a legal entity formed by two or more individual or corporate shareholders. FZC allows for shared ownership among the shareholders, who can collectively manage and operate the company within Ajman Free Zone.
02) Local Branch Office
A Local Branch Office is an extension of an existing UAE-based company registered outside the Ajman Free Zone. Similar to a Foreign Branch Office, a Local Branch Office allows UAE companies to expand their operations into the Ajman Free Zone while maintaining their legal identity and ownership structure.
03) Free Zone Establishment (FZE)
A Free Zone Establishment (FZE) is a legal entity formed by a single shareholder, either an individual or a corporate entity. FZE offers complete ownership to the shareholder and is ideal for solo entrepreneurs or small businesses looking for full control over their operations within the Ajman Free Zone.
04) Foreign Branch Office
A Foreign Branch Office is an extension of an existing foreign company registered outside the UAE. This legal structure allows foreign companies to establish a presence within the Ajman Free Zone and engage in business activities related to their parent company’s operations.