AJMAN FREE ZONE (AFZ) BUSINESS SETUP
AJMAN FREE ZONE (AFZ) BUSINESS SETUP
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one of North Emirates Free Zones, Ajman Free Zone (AFZ) has led to a huge industrial development in the emirate by attracting various number of companies, offering competitive privileges and facilities which strengthened the industry, trade and the financial sectors. By benefiting from investment privileges, many companies have thrived with considerable return on their investment.
Core Sectors: Focus on trading and services industry.
- 100% foreign ownership.
- 0% Corporate Tax provided they comply with all regulatory requirements.
- Fast set-up process license within 24 hours.
- Competitive pricing with low operating costs.
- Exemption from personal and income taxes.
- Exemption from customs duty for goods and services.
- No restrictions on capital, trade barriers or quotas.
- Professional
- Trading
- E-commerce
- Services
- Industrial
- Warehouses
- Business centre smart offices and executive offices
- Lands
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- Ajman Free Zone (AFZ)
- Ajman Free Zone
- 100% foreign ownership
- Not required at company inception
- 1 week
- 0% Corporate Tax provided they comply with all regulatory requirements
- Not required; however, recommended as best practice to maintain proper books of accounts
AJMAN FREE ZONE (AFZ) FAQS
Ajman Free Zone (AFZ) services include license issuance, license renewals, amendments to licenses, company liquidation, and visa processing etc.
For more details on the services provided by AFZ, contact Creation Business Consultants on email [email protected].
Ajman Free Zone (AFZ) offers the following licenses: Industrial/Manufacture, Commercial, Services, Pioneers, Freelancer, E-commerce, and offshore.
For expert advice on opening an entity in AFZ, contact Creation Business Consultants on email [email protected].
In Ajman Free Zone (AFZ), the visa allocation policy depends on the type of business packages. Contact Creation Business Consultants on email [email protected].
A request can be raised and submitted through the Ajman Free Zone (AFZ) customer portal. The required documents to change, replace or add shareholders in AFZ are:
To add partner: security check approval, shareholder to be above 18 years, passport copy must be valid for 6 months, visa copy, passport size photograph and no objection certificate.
To replace shareholders: It is allowed for companies with facility types such as business centre – smart office – freelancer hub – executive office – retail units, passport copy, visa page copy, ID copy, board resolution or POA Court Authorization.
For amendments to AFZ license, contact Creation Business Consultants on email [email protected] and our team will analyse your needs and provide a quotation for this service request.
Yes, a corporate partner as a shareholder can be added in an Ajman Free Zone (AFZ) company.
Required Documents:
Memorandum of Association or Article of Association, Board Resolution, Certificate of Incorporation, Power of Attorney, Passport copy (valid for 6 months) of the representative or manager of the company, registration certificate issued by the competent authority in the country in which the company is registered, and a feasibility study shall be submitted in the case of Industrial and Services Enterprises.
For amendments to Ajman Free Zone (AFZ) license, contact Creation Business Consultants on email [email protected] and our team will analyse your needs and provide a quotation for this service request.
The process for the cancellation of an Ajman Free Zone (AFZ) company license, an interview with the AFZ customer care will be the first step. Once the approval is obtained and the company status has changed to ‘under cancellation’, the customer can raise the following service requests:
– Cancellation of employee visas;
– Cancellation of establishment card;
– Cancellation of shareholder visas.
Required Documents:
Clearance for Warehouse and Land: Clearance documents from Ajman Port & Customs, Etisalat, FEWA and Ajman Sewage;
Clearance for China Mall: NOC letter from China Mall management;
Clearance for Car Showroom: Letter from Ajman Souq.
For more information on company liquidation in AFZ, contact Creation Business Consultants on email [email protected].
For assistance on applying for a new visa in Ajman Free Zone (AFZ), contact Creation Business Consultants on email [email protected].
The following types of licenses are available in Ajman Free Zone (AFZ):
• Freelancer Packages
Benefits include eligibility for 2 visas and access to freelancer business hub.
• Business Centres
Benefits include eligibility for 2 visas and access to a facilitated business centre and multiple activities.
• Office/Flexi Desk
Benefits include eligibility for 3 visas, shared desks, multiple activities, and flexible payment plan.
• Executive Office
Benefits include eligibility for 5 visas, customized size offices, multiple activities, and flexible payment plan.
• Warehouses & Eco-friendly Warehouses
Benefits include customized spaces, multiple activities such as industrial, flexible payment plan and multiple visas per sqm.
• E-commerce Package
To know more about the available Ajman Free Zone (AFZ) company licenses, contact Creation Business Consultants on email [email protected].
For assistance on applying for a new visa in Ajman Free Zone (AFZ), contact Creation Business Consultants on email [email protected].
Ajman Free Zone (AFZ) gives has modern facilities such as conference rooms, flexi-desks, office spaces, warehousing units.
The amendments available in Ajman Free Zone (AFZ) are change of activity, change of manager, upgrade or downgrade of trade license, change of share structure and more.
No, only soft copy of the Ajman Free Zone (AFZ) license is available which will be uploaded on the Ajman Free Zone (AFZ) customer portal.
Yes, there is a grace period of only one month after the expiry of the Ajman Free Zone (AFZ) license within which it must be renewed.
Ajman Free Zone (AFZ) is a public sector.
Yes, Ajman Free Zone (AFZ) offers offshore company setup.