Ajman Free Zone (AFZA)
Ajman Free Zone ( AFZ ) is an active business environment founded in1988 in the emirate of Ajman in the United Arab Emirates. It provides the wide variety of advantages and opportunities to entrepreneurs and investors who intention to start and develop their business in the UAE.
Key Landscapes
Strategic Location: Conveniently located close to Ajman Port and with easy accessibility to the airports of Dubai and Sharjah, AFZ offers easy trade and logistics as well.
Business-Friendly Environment: The free zone offers:
- 100% foreign ownership
- Zero corporate and personal income taxes
- Full repatriation of capital and profits
- Exemption from import and export duties
- VAT and Corporate Tax exemptions subject to applicable laws
- Proximity to Ajman Port and major airports
- Affordable office space and labour costs
Infrastructure and Facilities
AFZ boasts modern infrastructure to support businesses:
1
Pre-built offices and smart offices
2
Customizable warehouses
3
State-of-the-art logistics services
4
High-speed internet connectivity
5
24/7 security system
Business Sectors
In different fields, AFZ provides more than 4,000 business activities. Typical forms of license to be used include:
- Manufacturing
- Trading
- Technology
- Media
- Food and beverages
- Logistics
- Professional services
Additional Benefits
- Cost-effective setup ideal for startups and SMEs
- Fully digitised business setup process
- Value-added services, including banking, medical, and insurance
- Customizable business packages
- 24-hour business support services
Ajman Free Zone is still growing and developing and will take different sectors to their maximum capability and help the sustainable economic development of Ajman and the United Arab Emirates
Setting up a company in Ajman Free Zone (AFZ) involves several key steps:
Choose Your Business Structure
AFZ offers multiple business structure options:
Free Zone Establishment (FZE)
- Individual or corporate entity single shareholder
- Ideal for solo entrepreneurs or small businesses
- Minimum capital requirement: AED 185,000
Free Zone Company (FZC)
- 2-5 shareholders (individuals or corporate entities)
- Suitable for partnerships or businesses with multiple owners
Branch of Foreign Company
- 100% foreign ownership
- Allows commercial activities but requires a UAE-registered agent/distributor for sales
Application Process
- Choose a company name: Follow UAE naming conventions and check availability.
- Submit documents: Required documents typically include:
- Passport copies of shareholders/directors
- Colored photographs
- Business plan (for industrial/service licenses)
- No Objection Certificate (for UAE residents)
- Initial approval: AFZ reviews your application.
- Pay fees: Cover licensing, registration, and other applicable charges.
- Lease agreement: Sign a lease for office space within AFZ.
- Obtain license: Receive your business license after final approval.
- Visa processing: Apply for visas and residency permits as needed.
Timeline and Support
The whole procedure may normally take 3 weeks
It is possible to remove the difficulties of the process and simplify them by using a business setup consultant who will be able to confirm everything is registered according to the rules.
By following these steps and leveraging the support offered by Alpha Equity MC’s business setup, consultants can establish efficient operations in this strategic UAE-free zone.